Several crypto platforms like Blockchain.com, Crypto.com, and LocalBitcoins have reportedly banned Russian users from using their services, citing the new European Union sanctions. Media reports said that Blockchain.com gave its Russian users until Oct. 27 to withdraw all of their funds, after which their accounts would be blocked. The crypto company said that its decision…
Leading cryptocurrency exchange, Blockchain.com is aiming to go public via an Initial Public Offering (IPO) potentially before the end of 2022, Bloomberg News reported, citing people familiar with the matter. Blockchain.com’s growth The exchange is currently in the process of interviewing banks for its IPO, which could be delayed to 2023 depending on progress, sources…
Led by venture capital firm Lightspeed Venture Partners with major participation from Baillie Gifford & Co, wallet provider and exchange Blockchain.com raised new funding that values the company at about $14 billion, more than doubling its worth in a sign that cryptocurrency firms continue to attract capital and investments, regardless of the turbulent venture capital…