AD

AD

News Explorer — Transak Raises $20 Million to Facilitate Web2-to-Web3, Fiat-to-Crypto Payments

Generated by AI, curated by humans

May 30, 7:15 pm

Coindesk

Transak Raises $20 Million to Facilitate Web2-to-Web3, Fiat-to-Crypto Payments

Web3 payments startup Transak has raised $20 million in a Series A funding round to support global expansion and build onboarding solutions for Web3 games and financial applications. A growing number of infrastructure projects aim to improve the user experience for Web2 users transitioning to Web3. Transak provides KYC requirements, risk monitoring, payment methods, customer support, and on- and off-ramps for fiat-crypto transactions.

Web3 payments startup Transak has raised $20 million in a Series A funding round to support global expansion and build onboarding solutions for Web3 games and financial applications. A growing number of infrastructure projects aim to improve the user experience for Web2 users transitioning to Web3. Transak provides KYC requirements, risk monitoring, payment methods, customer support, and on- and off-ramps for fiat-crypto transactions.

Latest

Apr 20, 12:56 am

Decrypt

Bitcoin Halving Event Doesn't Shift the Price of BTC

The Bitcoin halving event, which occurred on April 20th, did not have a significant impact on the price of BTC. Despite... Read Summary

Apr 19, 8:06 pm

The Block

Mark Cuban Weighs Impact of Bitcoin Halving on Miners Versus AI Firms

Mark Cuban believes that the bitcoin halving will make it harder for miners to get paid, but he is more interested in th... Read Summary

Apr 19, 7:28 pm

The Block

Iconic Shiba Inu Meme Now Owned by Own the Doge DAO

Own the Doge, a decentralized autonomous organization (DAO), has purchased the rights to the iconic Shiba Inu image that... Read Summary

Apr 19, 7:05 pm

Blockworks

SEC Asserts US Jurisdiction Over Justin Sun Case

The Securities and Exchange Commission (SEC) has amended its complaint against Justin Sun, founder of Tron's network, al... Read Summary

Apr 19, 7:08 pm

Decrypt

Bitcoin Runes Protocol Launch Sparks Race to Mint Its First Tokens

The launch of the new Bitcoin Runes protocol alongside the Bitcoin halving has sparked a race among project creators to... Read Summary

Apr 19, 6:25 pm

Decrypt

Will the Bitcoin Halving Affect Ordinals or Runes?

As the Bitcoin halving approaches, collectors are curious about the relationship between the NFT-like Ordinals inscripti... Read Summary

Apr 19, 3:21 pm

Decrypt

Will the Halving Make Bitcoin’s Environmental Impact Better—or Worse?

The Bitcoin halving, which reduces mining rewards by 50%, will impact the environment by squeezing out independent miner... Read Summary

Apr 19, 1:50 pm

Decrypt

How to Mint Runes at the Bitcoin Halving Without Getting Rekt

The upcoming launch of the Runes protocol, which aims to rival the BRC-20 token standard, has generated significant hype... Read Summary

Apr 19, 8:12 am

The Block

BitMEX Ups BTC Perpetual Swap Leverage to 250x Ahead of Bitcoin Halving

BitMEX has increased the leverage on its bitcoin perpetual swap, XBTUSD, from 100x to 250x ahead of the halving event. T... Read Summary

Apr 19, 7:40 am

The Block

Binance Co-founder Says Former CEO CZ Is in a "Positive Situation" Awaiting Sentencing in U.S

Binance co-founder Yi He stated that former CEO Changpeng Zhao is in a "positive situation" in the U.S. as he awaits sen... Read Summary

Apr 19, 6:56 am

Coindesk

Growing Number of Polymarket Bets Say the Fed Might Keep Interest Rates Unchanged This Year

The probability of the U.S. Federal Reserve keeping interest rates unchanged this year is increasing, according to betti... Read Summary

Apr 19, 6:03 am

Unchained Crypto

Stablecoin Issuer Tether Expands Into Sustainable Mining, Emerging Technologies, Education, and Financial Services

Tether, the company behind USDT stablecoin, has announced its expansion into different divisions including Tether Power... Read Summary

Apr 18, 10:46 pm

Decrypt

Don't Look for a Spike in the Price of BTC After the Bitcoin Halving, Says JP Morgan

According to JP Morgan analysts, the upcoming Bitcoin halving event has already been priced in and is unlikely to result... Read Summary

Apr 18, 7:54 pm

Decrypt

Shark Cat Meme Coin Clawed Into Legal Tussle With Owner of Nala

The escalating feud between a cat owner and a crypto community inspired by her cat is testing the relationship between p... Read Summary

Apr 18, 7:01 pm

Decrypt

Experts Are Divided on How Bitcoin Price Volatility Will Play Out After the Halving

As the next Bitcoin halving approaches, experts have differing predictions on the post-halving price movements. On-chain... Read Summary

AD