Category Archive : Austria

Checking in on all things crypto: A state of play at the Tech.eu Summit with Bitpanda, CoinDesk, LAUNCHub and NGRAVE

Less than 12 days to go before the inaugural Tech.eu Summit in Brussels and we can’t wait to see you all there!

Join hundreds of European tech entrepreneurs, investors, corporate leaders, policy makers, academics and journalists – in person or online – on 17 May as we discuss the best way to carve out a path of growth for the #EUtech scene, and define actions to take its startup innovation ecosystems to the next level in a sustainable way.

More information about the Tech.eu Summit, the program, speaker line-up and practicalities can be found here. Didn’t secure your tickets yet? What are you waiting for?

One of the things we have in store for you is a deep dive into all things crypto, which seems to be going to perennially turbulent times.

We’re delighted that this discussion will be led by crypto connoisseur Joon Ian Wong, who’s been reporting on the industry since 2013. He was a reporter at CoinDesk and built its flagship conference, Consensus, which has become the major industry gathering since 2015.

Joining him for the panel discussion will be Irina Scarlat, who leads growth & marketing as Chief Growth Officer at Bitpanda, the $4 billion gorilla from Austria.

Prior to…

Read more at tech.eu

Crypto Market Integrity Coalition Welcomes 13 New Signatories Including Gemini, Robinhood

NEW YORK–(BUSINESS WIRE)–The Crypto Market Integrity Coalition (“CMIC”), an industry-defining pledge initiated by Solidus Labs focused on cultivating safer digital asset markets, is pleased to announce the following new signatories have joined the coalition:

  • Gemini, a platform that allows customers to buy, sell, store, and earn cryptocurrencies like bitcoin, ether, and DeFi tokens. Gemini’s simple, reliable, and secure products are built to unlock the next era of financial, creative & personal freedom. Gemini was founded in 2014 by twin brothers Cameron and Tyler Winklevoss.
  • Robinhood Markets, which is on a mission to democratize finance for all. With Robinhood, people can invest with no account minimums through Robinhood Financial LLC, buy and sell crypto through Robinhood Crypto LLC, and learn about investing through easy-to-understand educational content. Robinhood aims to build the most trusted, lowest cost, and most culturally relevant money app worldwide.
  • Bitpanda makes investing accessible for everyone. Founded in 2014 in Vienna, Austria by Eric Demuth, Paul Klanschek and Christian Trummer, Bitpanda removes the barriers to investing by harnessing…

Read more at www.businesswire.com

Bitpanda: Austria’s first unicorn startup


Read more at www.redbull.com

World Padel Tour adds Bitpanda as premium sponsor

  • Bitpanda joins Cupra and Adeslas in premium sponsor tier
  • WPT facing new competition from QSI-backed Premier Padel

The World Padel Tour (WPT) has added cryptocurrency exchange platform Bitpanda as a premium sponsor.

Specific details around the partnership are scarce, but the WPT said it would work with the Austria-based company to grow the sport of padel worldwide ‘in as many ways as possible’.

The length and financial terms of the deal were not disclosed. The agreement sees Bitpanda join car company Cupra and health insurance firm Adeslas as a premium sponsor. Beer company Estrella Damm, whose parent organisation is the WPT’s main shareholder, is the sole brand in the tour’s top ‘main partner’ tier.

“As the leading platform in digital investing in Europe, Bitpanda searches for partners who too have international pedigree, and World Padel Tour is the best padel competition in the world,” said Paul Klanschek, Bitpanda chief executive.

“It is another step for our commitment to the most important sporting competitions in the world.”

Mario Hernando, World Padel Tour’s…

Read more at www.sportspromedia.com

Austria’s Bitpanda plans to launch crypto derivatives

Bitpanda, the Austrian fintech unicorn, is setting up a new crypto derivatives trading desk.

The crypto firm is currently trying to hire a head of trading for its “Bitpanda Pro” product, which caters to experienced traders and institutions. The role entails setting up a new trading function, first focusing on a spot OTC desk but later expanding into derivative products.

Derivatives, such as futures and options, allow traders to make bets on and hedge the performance of underlying assets, in this case cryptocurrencies.

Former JPMorgan executive Joshua Barraclough, who was hired to lead Bitpanda Pro in late October, told The Block that the company is hiring a team of experienced institutional salespeople to bulk up the outfit’s presence in Europe.

“We have a lot of exciting new features and products lined up,” he said. “As a specialized and professional exchange, Bitpanda Pro’s goal is to offer highly complex financial instruments.”

Bitpanda has never offered derivative products before, according to a spokesperson. The plan is to offer derivatives exclusively to Bitpanda Pro customers. 

Prior to joining Bitpanda, Barraclough was co-head of digital innovation at…

Read more at www.theblockcrypto.com

Bitpanda Pro Hires Former JPMorgan Exec to Lead Growth in Europe

The move from a traditional bank to Bitpanda was a “no-brainer,” Barraclough said in an interview. “As cryptocurrency investments further become part of mainstream financial markets, retail and institutional investors are demanding tools which enable them to pursue traditional investing strategies while navigating trading nuances specific to digital assets,” he said.

Read more at www.coindesk.com

Bitpanda to Offer Its Digital Asset Investing Product to Italian Banks, Fintechs

“All of Bitpanda’s White Label partners, including customers of Fabrick users, can still interact with the front end that they are familiar with, this encompasses the entire user experience, from researching an asset via Bitpanda’s tools, to investing in it, as well as portfolio monitoring and future asset trading,” the statement said.

Read more at www.coindesk.com

Bitpanda’s Success Is Thanks to Timing and Poker

A lot of Bitpanda’s success is thanks to being at the right place at the right time. “Everything played together, and I think this is not something we did special,” Klanschek said. “With all this money flowing into Europe, especially from U.S. venture capital (VC) funds, it’s getting a lot easier to grow.” The company’s latest funding round was led by Valar Ventures, the U.S. VC fund backed by Peter Thiel.

Read more at www.coindesk.com

Cardano Is More Sustainable Than Its Proof of Work Competitors

Cardano (CCC:ADA-USD) has risen in popularity over the past few months. This is evident by its meteoric rise in price starting at the beginning of the year. Cardano had a price of 18 cents at the beginning of the year and is currently still up around 550% year-to-date despite the sell-off.

Cardano (ADA) token with blue and orange digital background.

Source: Stanslavs / Shutterstock

It’s easy to see why Cardano has gathered a lot of enthusiasm within the crypto community. Cardano is the fifth-largest cryptocurrency with a fully diluted…

Read more…

Cardano Is More Sustainable Than Its Proof of Work Competitors

Cardano (CCC:ADA-USD) has risen in popularity over the past few months. This is evident by its meteoric rise in price starting at the beginning of the year. Cardano had a price of 18 cents at the beginning of the year and is currently still up around 550% year-to-date despite the sell-off.

Source: Stanslavs / Shutterstock

It’s easy to see why Cardano has gathered a lot of enthusiasm within the crypto community. Cardano is the fifth-largest cryptocurrency with a fully diluted…

Read more…