Digital Transactions Authoritative, insightful and timely information for payments professionals
- Bitcoin, the world’s largest and most well-known digital currency, is ending the year above $28,000, a quadrupling of its value since the start of 2020. Its market capitalization as of Dec. 30 is $536 billion, up from $133 billion at Jan. 2.
- RevoluGroup Canada Inc. has launched the RevoluEX Cryptocurrency Exchange that allows RevoluPAY app users to convert major cryptocurrencies–including BTC, ETH, LINK, XMR, XRP, XLM, DAI, and LTC–directly into fiat money for instant deposit into their RevoluPAY e-wallet.
- Adam Guild, the founder of Profitboss, a startup that automates online ordering and marketing for independent restaurants, is among 24 persons receiving a $100,000 grant from the Thiel Foundation. The foundation awards its grants annually to young entrepreneurs who pursue their startups in lieu of attending college.
- Lemonade, a digital insurance company, announced it has reached 1 million customers some 1,500 days after its launch.
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