#Max Levchin’s Affirm surges in Nasdaq debut

#Max Levchin’s Affirm surges in Nasdaq debut

“#Max Levchin’s Affirm surges in Nasdaq debut” Shares of lending startup Affirm Holdings, founded by PayPal’s co-founder Max Levchin, soared in their debut on Wednesday, giving the company a market capitalization of over $22 billion. Affirm’s shares opened at $90.90 on the Nasdaq, 85.5 percent higher than their upwardly revised initial public offering (IPO) price…

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# Top 10 crypto and blockchain stories of 2020

# Top 10 crypto and blockchain stories of 2020

“# Top 10 crypto and blockchain stories of 2020 ” The COVID-19 pandemic dominated the news in 2020, affecting myriad sectors — health, economics, social justice, politics and trade, as well as the cryptocurrency and blockchain industry. As country after country locked down to halt the virus’s spread, governments seized upon stimulus payments to preserve…

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# 12 of the biggest enterprise blockchain players of 2020

# 12 of the biggest enterprise blockchain players of 2020

“# 12 of the biggest enterprise blockchain players of 2020 ” Enterprise blockchain started gaining traction in 2017 shortly after Bitcoin had reached its all-time high of nearly $20,000. Since then, enterprise blockchain has mainly been defined by private blockchain networks used by businesses for things such as supply chain management.  The enterprise blockchain space…

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# PayPal crypto partner Paxos closes 2M funding round

# PayPal crypto partner Paxos closes $142M funding round

“# PayPal crypto partner Paxos closes $142M funding round ” United States-bases stablecoin operator Paxos has raised $142 million in fresh funding from investors including PayPal and Mithril Capital. The stablecoin issuer announced the news on Thursday. U.S. investment firm Declaration Partners, backed by billionaire David M. Rubenstein, led the funding round with other participants…

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