online resources

South African Exchange VALR Raises Funds For Expansion

South Africa’s biggest bitcoin exchange by trading volume, VALR, has raised 57 million rand ($3.4 million) to expand into new markets. According to a blogpost by VALR, proceeds from the capital raised will be spent on exploring new products for the South African market. Products VALR intends to launch collateralized lending and derivative trading. Further, VALR is set to expand to other parts of the continent. VALR raised the 57 million rand ($3.4 million) 100X (parent company of BitMEX) and 4Di Capital. We're excited to announce that we've raised our Series A round of R57m ($3.4m) from @100xGroup (@BitMEX) and @4DiCapital with continued support from…

Continue Reading South African Exchange VALR Raises Funds For Expansion

Bitcoin [BTC] Smart Contract Developer Receives $50,000 Grant from BitMEX

Leading Bitcoin [BTC] derivative’s, BitMEX, the holding company, 100x announces a $50,000 bounty to a core Bitcoin [BTC] developer. Jeremy Rubin, the founder of Judica Inc. is the latest recipient of the 100x Open Source Developer Grant programme.  Judica Inc. has been working on the implementation of smart contracts on Bitcoin. For this, he maintains the CVT proposal and is developing the Sapio programming language. The blog post from BitMEX lists the goals below, The lab’s goals are to conduct critical infrastructure on Bitcoin’s mempool, maintain the CheckTemplateVerify (BIP-119) proposal and to develop the Sapio programming language among other things.…

Continue Reading Bitcoin [BTC] Smart Contract Developer Receives $50,000 Grant from BitMEX

South Africa’s VALR Raises $3.4 Million To Expand Crypto Adoption in Africa

by Richard Kastelein South Africa’s largest bitcoin exchange by trading volume VALR has raised R57-million ($3.4-million USD) to advance the adoption of cryptocurrencies in Africa. “I am very grateful that despite the challenging global COVID-19 pandemic that has adversely affected many businesses around the world, VALR has been able to grow at a phenomenal pace and we’ve been able to raise funds and partner with a set of world-class investors, adding to our already distinguished group of shareholders.” The Series A equity round of funding was led by 100x Ventures, the investment arm of 100x Group who are behind cryptocurrency derivatives…

Continue Reading South Africa’s VALR Raises $3.4 Million To Expand Crypto Adoption in Africa

End of content

No more pages to load