Cryptocurrency exchange and financial services firm Blockchain.com has denied attempts to sell assets or subsidiaries, and it is not in talks with other crypto firms about possible deals, a spokesperson told Cointelegraph on Feb. 18. According to reports citing anonymous sources, executives of the company discussed selling parts of its business to other crypto firms - including Coinbase - between December and January. Blockchain.com refutes the rumors: "No Blockchain.com businesses are for sale. Blockchain.com is an asset buyer, not a seller." The company, however, has been working on raising additional capital for its operations since October 2022, even at a …

Crypto exchange Blockchain.com has partnered with Visa to launch a crypto card, available to only U.S. residents initially, which allows users to pay using their crypto or cash balance wherever Visa debit cards are accepted. In an Oct. 26 announcement, Blockchain.com revealed that there would be no sign-up or annual fees, no transaction fees, and users would earn 1% of all purchases back in crypto. In a Yahoo Finance interview, Blockchain.com CEO Peter Smith said the card already had 50,000 signed onto a waiting list, noting: “There’s still a lot of demand for crypto products, but you’re seeing that demand …

Crypto wallet provider Blockchain.com is the latest company to soon cease to provide services to Russian nationals due to the latest sanctions by the European Union. Blockchain.com has notified its users that it’s going to shut down accounts of Russian nationals in two weeks, the local news agency RBC reported on Oct. 14. According to the report, Blockchain.com will allow Russian users to withdraw their funds until Oct. 27, 2022. After that date, the accounts of Russian nationals are reportedly going to be blocked. The statement emphasized that Blockchain.com is currently prohibited from providing custodial and reward services to Russian …

Crypto exchange Blockchain.com has become the latest crypto company to secure preliminary approval from Singapore’s central bank to provide Digital Payment Token services in the city-state. Blockchain.com’s regulatory approval follows hot on the heels of Coinbase, which revealed it had received the same “in-principle” approval from the Monetary Authority of Singapore (MAS) on Oct. 11. If officially approved, Blockchain.com would join the likes of already licensed companies forDigital Payment Token services including crypto exchanges DBS Vickers and Independent Reserve, digital payment solution provider FOMO Pay, and crypto-friendly payments app Revolut, among others. Blockchain.com CEO and co-founder Peter Smith commended the …

Miami Tech Week took place last week in the South Florida city as part of the April Tech Month program, which also included NFT Miami and the Bitcoin 2022 conference earlier in the month. Tech Week kicked off with the eMerge Americas conference and the myriad of panel discussions scheduled throughout the city that followed. Cointelegraph gathered some key insights from thought leaders who participated, and the two main themes are Miami as a hot spot for crypto folks, and crypto as a disruptor of the investment landscape. eMerge Americas is a venture-backed organization with a mission to position Miami …

Cryptocurrency exchange and financial services firm, Blockchain.com, has reportedly raised new funding at a valuation of $14 billion. According to Bloomberg, the financing round was led by global venture capital firm Lightspeed Ventures and Baillie Gifford & Co., an investment management firm renowned for its early involvement in growth stocks such as Tesla. The funding round — which is yet to be publicly confirmed by Blockchain.com or the investors — reportedly saw the firms’ valuation increase from $5.2 billions to $14 billion. The total amount of funding raised is yet to be announced. Founded in 2011, Blockchain.com is now one …

Major cryptocurrency wallet and data service Blockchain.com is expanding in Latin America by acquiring SeSocio, a major crypto company based in Argentina. One of the biggest investment platforms in Latin America, SeSocio will now merge with Blockchain.com to help them scale operations across the region, the firm officially announced Nov. 30. As part of the acquisition, 100 SeSocio employees will join Blockchain.com, immediately bringing its global headcount to 400 people. Together, the firms will focus on providing crypto-enabled financial services to the unbanked and underbanked not only in Argentina but also other countries where Blockchain.com operates, including Brazil, Chile, Colombia …

Popular crypto wallet and data provider Blockchain.com announced on Wednesday that it has raised a $120-million funding round that follows its earlier Series B round for $40 million. Several notable macro investment funds joined the round, including Moore Strategic Ventures, Access Ventures, Rovida Advisors, Lightspeed Venture Partners, Google investment spin-off GV, Lakestar, Eldridge, Hayman Capital’s Kyle Bass and others. The funding will be used to bolster Blockchain.com’s growing Institutional Markets business. The company recently expanded its suite and began offering crypto custody, trade execution and lending services tailored for institutional investors. Blockchain.com’s main business was a multicryptocurrency wallet, which processed …

Major crypto wallet provider Blockchain.com has opened its fifth office location, continuing its expansion into Europe, the company announced in a blog post on Feb. 19. According to Blockchain.com, the company considered several locations in Europe, choosing Vilnius, Lithuania. The firm said it found that the country was truly committed to innovation and the perfect place for a new office. The crypto firm also reports it is looking to hire employees in Lithuania, with new vacancies to be announced over the coming weeks. Lithuanian Minister of economy and innovation, Virginijus Sinkevičius, commented on the move: “We’re thrilled to welcome Blockchain …

Cryptocurrency statistics and wallet provider Blockchain.com announced it had launched partial support for Bitcoin SV (BSV) in a blog post Jan. 22. The product of a contentious hard fork of Bitcoin Cash (BCH), BSV has existed since November 15, 2018, but suffered various technical difficulties in the weeks following its creation. Some wallet providers and exchanges were initially skeptical of the new coin, with major exchange Kraken noting BSV had “many red flags” and “should be seen as an extremely high risk investment.” Blockchain.com, formerly Blockchain.info, confirmed Tuesday that users have some of the same options with BSV as with …

Cryptocurrency wallet provider Blockchain.com has launched full support for altcoin Stellar (XLM), accompanied by a hefty airdrop of $125 million worth of XLM to its user base. The news was announced in an official blog post today, Nov. 6. Blockchain.com pitched the mammoth offering as “the largest airdrop in the history of crypto and likely the largest consumer giveaway ever,” suggesting that airdrops are “a great way to drive decentralization and adoption for new networks.” The firm underscores that the benefit of crypto airdrops for consumers are that they are able to “test, trade, and transact” unfamiliar crypto assets without …

LinkedIn has ranked cryptocurrency wallet provider and data firm Blockchain.com (formerly known as Blockchain.info) in its top ten most “sought-after” U.K. startup employers in new listings September 30. Part of a list featuring 25 UK-based startup companies, Blockchain.com made the grade at number 9, while financial disruptors took two of the three poll positions in the rankings. Among its attributes, LinkedIn notes Blockchain.com’s “benefits such as free food and flexible working,” unlimited holiday policy and a bonus scheme for employees paid in Bitcoin (BTC). On social media, executives noted the announcement coincided with a considerable hiring spree to bolster the …