August 20, 2024 @ 8:38 am By Omar Faridi  |  

WSPN (Worldwide Stablecoin Payment Network), a provider of next-generation stablecoin infrastructure, has raised $30 million in seed funding round. This investment round was led by Folius Ventures and Foresight Venture, with participation “from prominent investors including Hash Global, Generative Ventures, RedPoint Capital, and a consortium… Read More

August 20, 2024 @ 6:32 am By Omar Faridi  |  

SwissFortress announced the launch of the Fortress Coin (FC), supporting and maintaining the global Send-to-Name (StN) system, creating a more user-friendly and secure way to navigate the decentralized web. 0.4% of all crypto users claimed their domain “using Unstoppable Domains over the last few years.”… Read More

August 20, 2024 @ 6:30 am By Omar Faridi  |  

Ledger announced that Revolut, one of the world’s leading fintech solutions for digital payments, will join Ledger Live as a buy provider. This collaboration aims to further our mission of complete self-custody “for people’s financial assets and make buying crypto easier and more accessible than… Read More

August 20, 2024 @ 6:27 am By Omar Faridi  |  

Bitwise Asset Management announced the acquisition of ETC Group, a London-based crypto ETP issuer with over $1 billion in assets under management. The news marks Bitwise’s expansion into Europe and “adds nine European-listed crypto ETPs to Bitwise’s broad suite of ETPs, hedge fund solutions, and separately… Read More

August 20, 2024 @ 6:26 am By Omar Faridi  |  

Tether Operations Limited, which claims to be among the largest companies in the digital assets industry, announced that they will be launching U.S. dollar-pegged Tether tokens (USD₮) on the Aptos Network. This integration is part of Tether’s broader strategy “to make digital currency more accessible… Read More

August 19, 2024 @ 11:32 pm By Omar Faridi  |  

Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More

August 19, 2024 @ 10:30 pm By Omar Faridi  |  

Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More

August 19, 2024 @ 10:29 pm By Omar Faridi  |  

Bitfinex, a digital asset trading platform, has announced a collaboration to explore a strategic integration with Komainu Connect, a regulated digital asset custodian. The integration is expected to “allow institutions and sophisticated investors to leverage Bitfinex’s deep liquidity and advanced trading features while maintaining the… Read More

August 19, 2024 @ 10:27 pm By Omar Faridi  |  

In June, a team at CertiK conducting whitehat research discovered a “critical” vulnerability in the Kraken platform. This CertiK team then reportedly “notified the exchange to ensure this important vulnerability was fixed—which was a win for blockchain and Web3 security.” However, in conducting this work,… Read More

August 19, 2024 @ 10:27 pm By Omar Faridi  |  

Strategy consultants at OC&C have shared a report unveiling a significant opportunity for Embedded Finance for scale SaaS ERP (Enterprise Resource Planning) and payroll providers. Embedded Finance refers to the “integration of financial products into non-financial customer journeys.” The value chain for embedded finance typically… Read More

August 19, 2024 @ 7:22 pm By Omar Faridi  |  

Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, is pleased to announce the rebranding of its flagship platform, Sentinel Protocol, to ChainBounty. Since its launch in 2018, Sentinel Protocol has reportedly been “at… Read More

August 19, 2024 @ 4:07 pm By Omar Faridi  |  

THORChain, an open-source protocol that enables the swap and settlement of cross-chain native crypto assets, and ShapeShift DAO, are pleased to showcase the recent launch of rFOX and Rune Pool as supporters of Rare Evo. ShapeShift DAO was reportedly the first major decentralized exchange (DEX)… Read More

August 19, 2024 @ 4:06 pm By Omar Faridi  |  

Metallicus, the developer of The Digital Banking Network, a blockchain-based payments network built to meet regulatory standards globally, is pleased to announce the launch of its flagship consumer app, Metal Pay, in Australia. This expansion marks a significant milestone in Metallicus’ mission “to support the… Read More

August 19, 2024 @ 2:26 pm By Omar Faridi  |  

GAMEE, the “high-engagement” Web3 and mobile gaming platform and subsidiary of Animoca Brands, announced it has received an investment from TON Ventures, the first venture fund of The Open Network (TON). Managed by a DAO with a mandate to invest in projects built on TON,… Read More

August 19, 2024 @ 12:06 pm By Omar Faridi  |  

Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More

August 19, 2024 @ 9:49 am By Omar Faridi  |  

Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More

August 19, 2024 @ 8:16 am By Omar Faridi  |  

SCB 10X, the technology investment arm of SCBX Group, has announced their participation in the series A funding round for Ema, a San Francisco-based generative AI company creating Universal AI Employees of the future. The $36M Series A extension investment round, “co-led by Accel and… Read More

August 19, 2024 @ 7:17 am By Omar Faridi  |  

Preqin, the global firm focused on alternatives data and insights, recently released its Investor Outlook H2 2024 report. Their Investor Outlook report series occurs on a biannual basis and is based on surveys conducted in-house. Alternative investors’ responses provide exclusive insight “into their current sentiment… Read More

August 19, 2024 @ 7:14 am By Omar Faridi  |  

Digital assets firm Gemini has shared a detailed analyst note, addressing the following: When Will The Pain Subside? Examining Signals After the Crypto Sell-Off? In Gemini’s previous analyst note, “Where Are We in The Crypto Cycle?” the crypto firm looked at how macro indicators could… Read More

August 19, 2024 @ 7:12 am By Omar Faridi  |  

FIS (NYSE: FIS), a global firm focused on financial technology, announced that it is unlocking the Neural Payments solution to its clients, expanding the availability of peer-to-peer (P2P) payments by leveraging the company’s global scale and NYCE debit rails to bring this capability to a… Read More