Partnerships news-Page 9
New Crypto Partnership Takes Aim at Africa's Unfavorable Financial System
A new partnership in the cryptocurrency space wants to address financial inequities on the continent of Africa. Digital finance and payment platform Sesacash announced in a blog post on April 14 that it is partnering with peer-to-peer cryptocurrency trading platform CryptoLocally. The two firms aim to solve the various challenges facing Africa’s financial sector. Sesacash CEO and co-founder Blaise Bayuo told Cointelegraph that easy access to cryptocurrencies will help Africans enjoy cheaper and faster cross-border payments: “Cryptocurrencies offer a cheaper and faster medium to make cross-border payments into Africa and within Africa. We expect more Africans to join the global …
Adoption / April 16, 2020
Streamr to Offer Binance’s Real-Time Trade Feeds on Marketplace
Open-source blockchain infrastructure Streamr announced on April 7 a new integration with cryptocurrency exchange Binance, in which Streamr will offer the exchange's real-time trade feeds on its marketplace. From now on, Binance’s real-time trades and quotes data for all asset pairs will be available on Streamr, with the aim of targeting algorithmic traders. According to Streamr, traders will now be able to obtain sentiment data and data from other markets via a single technical integration. Motivations behind the partnership Speaking with Cointelegraph, Henri Pihkala, co-founder and CEO of Streamr, said that with crypto exchanges serving as platforms for exchanging digital …
Business / April 7, 2020
Binance Announces CoinMarketCap Acquisition, CZ Gives the Scoop
While global markets are experiencing tough times amid the coronavirus pandemic, the crypto industry is getting stronger as its core players have tapped one of the biggest crypto mergers in history. Binance, the world’s biggest cryptocurrency exchange, has reached an agreement to acquire CoinMarketCap, one of the most-referenced crypto data websites, in an undisclosed deal. The companies officially announced the acquisition to Cointelegraph on April 2. Changpeng Zhao, founder and CEO of Binance, said that Binance and CMC are very similar, as they are both providers of “access-to-crypto” and share a vision of making crypto assets more accessible and useful …
Adoption / April 2, 2020
Forte Taps 5 New Gaming Partners as ‘Blockchain by Itself Isn’t Enough’
Amid the increasing adoption of blockchain technology in the gaming industry, some of the world’s biggest game developers like South Korean Netmarble are partnering with blockchain gaming startup Forte Labs to streamline blockchain-powered game experiences. Forte, a known partner of major cryptocurrency firm Ripple, has just tapped five new high-profile gaming companies in line with its mission to provide best-in-class gaming experiences based on blockchain technology. All five new partners will integrate Forte’s blockchain platform into their games According to a March 24 blog post, Forte’s new game developers include United States-based Hi-Rez Studios and nWay, Canadian social games provider …
Adoption / March 24, 2020
Chainlink Taps New Partnership to Tackle Oracle Problem
Chainlink, a major smart contract technology supplier, has tapped a new partnership to streamline one of the biggest issues around smart contracts. According to a March 11 tweet, Chainlink has partnered with Hdac Technology, a blockchain startup founded by Dae Sun Chung, CEO of software firm Hyundai BS&C and member of the Hyundai family. By bringing their forces together, the firms intend to jointly develop a system for delivering off-chain data on blockchain in an attempt to bolster smart contract execution. Specifically, Chainlink and Hdac will be addressing the blockchain oracle problem, which is considered to be the biggest obstacle …
Technology / March 11, 2020
ConsenSys-Backed Crypto News Outlet Decrypt to Launch Reward Token in Q2 2020
Decrypt, a major cryptocurrency and blockchain publication funded by ConsenSys, is launching a new token to reward users for engaging with its content. The new Ethereum-based Decrypt token will allow Decrypt readers to earn rewards in return for reading and sharing articles as well as other types of interactions with the company’s content. As officially announced on March 4, readers will be able to exchange collected tokens for goods and services including Amazon and Airbnb. Decrypt plans to roll out the new token as early as the second quarter of 2020. Decrypt token will act as a utility token pegged …
Blockchain / March 5, 2020
KLM Royal Dutch Airlines Uses R3’s Blockchain for Financial Processes
As blockchain technology increasingly gains traction in the airline industry, another major international air company has announced a blockchain project. Flagship global airline KLM Royal Dutch Airlines is applying blockchain technology to facilitate intercompany settlements process with its subsidiaries. Part of one of the world’s biggest airlines, Air France-KLM, Royal Dutch Airlines has partnered with Dutch software startup Unchain.io in order to explore the potential benefits of blockchain technology for its business and internal processes. KLM’s Digital Studio was actively working on blockchain in recent years After close collaboration, Unchain provided KLM Royal Dutch Airlines with a strategic finance application …
Technology / Feb. 28, 2020
Celsius Joins Major Cryptocurrency Firms Using Simplex’s Fiat Onramp
Cryptocurrency businesses worldwide are continuing to integrate fiat onramps into their operations in an effort to make it easier for customers to jump into crypto. United Kingdom-based cryptocurrency lending startup Celsius Network has launched in-app crypto purchases via a new partnership with Simplex, according to a Feb. 18 announcement. Simplex, a popular fiat-to-crypto payments provider servicing major crypto exchanges like Binance, will now unlock direct crypto purchases for Celsius app users. Celsius clients will now be able to buy cryptocurrencies like Bitcoin (BTC) and Ether (ETH) via credit or debit cards. Similar to other Simplex-powered fiat onramps, the new feature …
Blockchain / Feb. 18, 2020
Bithumb to Get Wall Street-Level Fintech Expertise via New Partnership
As not a day goes by without another cryptocurrency partnership, one of the biggest crypto exchanges in South Korea has begun new cooperation. Major South Korean cryptocurrency exchange Bithumb has partnered with Singaporean crypto trading platform BitMax to jointly develop new services and products. BitMax’s staff includes former experts from Morgan Stanley, Deutsche Bank and Gemini According to a Feb. 17 blog post by Bithumb Official, the two companies have signed a Memorandum of Understanding (MoU) to bring their forces together to build new services and strengthen their competitiveness in the global market. As part of the MoU, Bithumb and …
Blockchain / Feb. 17, 2020
Steemit to Shift Its Proprietary Blockchain and Token to Tron Network
The Tron Foundation, a cryptocurrency firm that is known for hyping its long ledger of partnerships, appears to have entered a particularly important one today. The maintainer of major cryptocurrency Tron (TRX) has just partnered with Steemit, a major blockchain-based blogging and social networking website to provide its network for Steemit services. Steemit old token STEEM to move to the Tron blockchain, too As part of the strategic partnership, the Tron Foundation will work with the firm to move Steemit and other Steem blockchain-based decentralized applications (DApps) to the Tron blockchain, the firms said in an announcement shared with Cointelegraph …
Adoption / Feb. 14, 2020
A New Partnership Lets Institutional Investors Play OTC Crypto Markets
UK-based crypto lending and liquidity provider B2C2 is teaming up with SFOX, a leading U.S. crypto company serving institutional investors, according to a Feb. 12 press release. This partnership is aimed at letting SFOX clients (including asset managers, family offices and high net worth individuals) access B2C2’s large liquidity pools and better-priced over-the-counter (OTC) markets though a single point of entry. Danny Kim, head of growth at SFOX, said: “We are delighted to partner with B2C2, the largest OTC liquidity provider whose streaming pricing and electronic trading capabilities are relied on by institutional market participants globally. SFOX clients will now …
Blockchain / Feb. 12, 2020
Blockchain.​com Leads ‘Seven-Figure’ Investment in Its Exchange Partner
Popular cryptocurrency wallet service and blockchain data provider Blockchain.com has led a funding round in its exchange partner Wintermute Trading. Wintermute Trading, a United Kingdom-based algorithmic trading firm, has completed a seed funding round led by Blockchain.com’s venture arm Blockchain.com Ventures. While the amount of funding is undisclosed, the seed round apparently involved a “seven-figure” investment, a Blockchain.com spokesperson told Cointelegraph on Feb. 10. Additionally, the funding round has also seen participation from blockchain-focused capital market FBG. Wintermute has been a partner of Blockchain.com since July 2019 The investment comes after Blockchain.com partnered with Wintermute to launch its proprietary crypto …
Blockchain / Feb. 10, 2020