Eduardo Morrison Gomez
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Understanding Stablecoins Recent Hype
A stablecoin is a class of cryptocurrency that attempts to offer price stability by being backed by a reserve asset (mainly USD so far). Tether the most relevant stablecoin was launched back in 2014 and was known as RealCoin.
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The Everly Summary (weekly TOP5 news)
Welcome to Everly.eu’s weekly summary. Let’s see the most important news we have covered during the last week in a TOP 5 list!
Robinhood managed to raise another $460m
The stock trading app Robinhood has added $460m to its Series G funding round closing a total of $660 million at an $11.7 billion valuation.
Yandex agrees to Tinkoff bank acquisition for $5.5bn
Yandex is Russia’s biggest tech company and now it is set to buy the challenger bank called Tinkoff for $5.5 billion.
TransferWise reports 70% revenue growth and a 4th straight year of profitability
Annual revenue at TransferWise grew to £302.6 million, the company. These results show a net profit after tax of £21.3 million for fiscal year ending March 2020.
