Page 3 - Crypto Startups News Today

March 17, 2021 It’s been over a month since the Central Bank of Nigeria (CBN) issued a communiqué prohibiting financial institutions from dealing with local cryptocurrency exchanges and ordering the shutdown of crypto traders’ accounts. As a result, cryptocurrency startups could no longer accept deposits or process withdrawals in the country. Mixed reactions have trailed the early February announcement. Some support the bank’s attempts to crack down on the opaque, volatile digital curren...

Details 02 March 2021 The recent chronicles of the digital currency world have become the topic du jour, from Tesla buying US $1.5 billion in bitcoin, to regulatory warnings, to the U.S. Treasury Secretary Janet Yellen expressing her concern over the cryptocurrency. Closer to home, the central banks of China and UAE have launched a joint Hong Kong-Thailand initiative to explore the capabilities of Central Bank Digital Currencies, or “CBDCs”. Some start-ups...

Newcomer Why media whisperer Margit Wennmachers is going direct. Share Benedict Evans, Andreessen Horowitz’s former in-house analyst, has mused over the years that “A16Z is a media company that monetizes through VC.” That observation becomes truer by the day. While there’s a lot of loose talk on Twitter about cutting out the media and “going direct” – publishing your own story to the world without the press as an intermediary – Andreessen Horowitz is really doing it, conscious...

How this Chennai-based startup is making crypto trading simple and trustworthy Founded in 2017 by Vikram Subburaj and Arjun Vijay, Chennai-based crypto trading startup Giottus is leveraging customer support, security, and trust to drive digital currency adoption in India. 0 claps Share on A Chennai-based crypto trading startup launched by two former consumer tech executives is banking on a strong customer support system to drive the adoption of virtual currencies in India. Even as the volatile...