News with the tag "River Financial"

Not a bank itself, River has teamed up with Lead Bank, a member of the FDIC, meaning users' deposits are protected up to the value of $250,000.

Trusted US Bitcoin exchange River now offers a bitcoin yield on dollars through its Bitcoin Interest on Cash feature — a great addition to the platform for Bitcoin enthusiasts and normies alike.

Data from Glassnode, an on-chain data analytics and intelligence platform, reveals that BTC has more holders now than ever before. The asset’s illiquid supply has steadily increased for months, according to Glassnode. On the other hand, short-term holder supply and exchange balances have been declin...

River launched a transparency tool proving it holds over $800 million worth of Bitcoin in full reserve custody. The U.S. exchange aims to rebuild trust after failures like FTX with its new River Proof of Reserves.

Alexander Leishman — founder, CEO and CTO of River — believes in designing every facet of River so as to prioritize the security of customer funds and to create a more dynamic financial platform.

Revolutionary new report shows Lightning Network growth of over 1200% since August 2021. New applications continually enter the market.

As history has shown, incumbent powers can control the narratives around their inherently-inferior solutions.

The company says the funding will be used to expand its suite of Bitcoin services and strengthen its position in the market.