| Mobile Web

Search results for Zerohash

Crypto

Underdog to roll out cryptocurrency deposit feature by year-end

U.S. sports prediction market Underdog plans to introduce a feature by year-end that lets users deposit stablecoins and cryptocurrencies directly into prediction market accounts. The company is working with infrastructure platform Zerohash to enable qualified customers to add funds through the Underdog app outside bank hours, including evenings and weekends. Underdog and Zerohash executives highlighted speed and expanded choices. Some services may be unavailable in New York, and crypto holdings are not covered by FDIC or SIPC protection.

Crypto

Visa expands stablecoin payments network, enabling corporate prefunding and cross-border payouts

Visa has expanded stablecoin prefunding and payout functions on Visa Direct through a partnership with crypto infrastructure provider Zerohash. Eligible Visa Direct customers can preload balances in stablecoins and use them to process cross-border payments. The added feature lets businesses manage liquidity without being tied to bank operating hours, while recipients can be paid directly in stablecoins instead of local currency. Zerohash said the capability is delivered through its infrastructure within the Visa Direct network.

Crypto

Zerohash seeks new funding at higher valuation after Mastercard investment collapses

Mastercard has withdrawn plans to invest in cryptocurrency infrastructure company Zerohash. A recent CoinDesk report said Mastercard’s $1.8 billion acquisition of UK stablecoin infrastructure company BVNK appeared to have influenced the decision. Mastercard had been considering a strategic investment even after Zerohash signaled it would go its own way in January. Zerohash is now pushing a new funding round at a higher valuation than before.