NYDIG, a crypto financial services firm, announced on Tuesday that it raised $1 billion in a funding round led by WestCap, valuing the Morgan Stanley-backed Bitcoin company at more than $7 billion. According to Reuters, growth equity firm WestCap led the round with other backers like Bessemer Venture Partners, FinTech Collective, Affirm, Fiserv, MassMutual, New…

The industry that once focused solely on Bitcoin is rapidly evolving. Developers are striving to find decentralized blockchain products that are both scalable and secure, writes Merav Ozair, Ph.D., a leading Blockchain Expert and a FinTech professor at New Jersey’s Rutgers Business School. When Bitcoin was introduced by the Satoshi white paper in 2008, it…

The story of the Squid cryptocurrency scam has once again drawn attention to the issue of so-called “meme” cryptocurrencies. What are they – a malevolent outgrowth compromising the entire cryptocurrency industry or an incomprehensible phenomenon at the intersection of technology and sociology that deserves to be studied? Feels like 25-30% of all news on cryptocurrency…