Crypto Winter Wipes Out 72,000 Bitcoin Millionaires in 2022

2022-12-05

Despite a global venture capital (VC) pullback, shrinking valuations and public market turmoil, Germany’s blockchain VC funding market remained stable this year, with companies in the space securing a total of US$218 million across 20 deals year-to-date (YTD), just US$37 million short of 2021’s US$255 million, a new report by CV VC, a Swiss VC and private equity firm specialized in cryptocurrency and blockchain solutions, shows.

2022-11-24

Austrian crypto platform Bitpanda has received a full operating license from the German Federal Financial Supervisory Authority or BaFin for the custody and proprietary trading of crypto assets.
Bitpanda claims to be the first European retail investment platform to obtain the license which was introduced by BaFin in 2020, allowing it to actively market and offer services in the German market.
Founded in 2014, Bitpanda now has nearly four million investors on its platform.

2022-10-26

German neobank N26 has launched its cryptocurrency product in Austria to enable customers to buy and sell 194 cryptocurrencies in their app.
The N26 Crypto feature will be made available progressively to eligible customers in Austria over the coming weeks, as well as in other key markets over the next six months.
The launch addresses strong local demand, where internal research showed that 40% of N26 users are either actively trading, or have expressed interest in investing in cryptocurrencies.

N26 Crypto is offered in partnership with Austrian cryptocurrency platform Bitpanda, which manages the execution of trades and custody of coins.
N26 Metal customers will be able to make transactions with a 1% transaction fee applied for trading Bitcoin and 2% for all other available

2022-10-24

Wealth managers around the world are still reluctant to invest in cryptocurrency on behalf of their clients amid concerns over the lack of regulation, the lack of education as well as high volatility, a new study by American asset management company Mercer found.

2022-10-20

Swiss Bitcoin investment app Relai has partnered with global payments provider Checkout.com to enable its users to buy the cryptocurrency via Visa, Mastercard and Apple Pay in real time through its self-custodial wallet.
The partnership with Checkout.com is expected to allow users to have constant access to instant liquidity while also ensuring that they have full say over what happens to their assets.
Founded in 2020, Relai currently serves over 40 countries in Europe, has over 100,000 app downloads, 30,000 active users, and CHF 6 million in monthly volume.

The startup last raised a CHF 2.5 million Series A round in mid-2021 and recently made the TOP 100 Swiss Startup Awards 2022.
Checkout.com is a London-based payments solutions provider with a US$40 billion valuation. The company

2022-09-05

SDX Web3 Services, the newly launched business unit from SIX Digital Exchange, is now live with its non-custodial Ethereum staking service.

2022-08-08

CME Group, the world’s leading derivatives marketplace, announced it plans to further expand its cryptocurrency derivatives offering with the introduction of Bitcoin Euro and Ether Euro futures on August 29, pending regulatory review.

2022-08-02

JAROWA is a Swiss digital marketplace and transaction platform for insurance companies, property managers, and leasing companies to manage their trusted service providers and digital orders more efficiently. JAROWA has successfully closed its Series A funding round, led by Eos Venture Partners, a strategic venture capital fund focused on InsurTech. The proceeds will be used to further expand JAROWA’s offering throughout Europe.