July 1, 2021 @ 5:20 pm By Tony Zerucha  |  

While Sweden, the United Kingdom and a few Asian Pacific countries have created roadmaps to a cashless society, most countries will still need to chart their own paths, a report from Global Data finds. The Cashless World – Evolving Payment Environments in Key Asia Pacific… Read More

July 1, 2021 @ 4:11 pm By Tony Zerucha  |  

Cryptocurrency finance service provider Amber Group has raised $100 million in Series B funding from China Renaissance Group, Tiger Brokers, Tiger Global Management, Arena Holdings, Tru Arrow Partners, A&T Capital, Sky9 Capital, DCM Ventures, Gobi Partners, as well as existing investors Pantera Capital, Coinbase Ventures,… Read More

July 1, 2021 @ 4:06 pm By Tony Zerucha  |  

A new partnership between innovative blockchain engineering firm IOHK and decentralized platform Orion promises to bring added utility to cryptocurrency trading. The two companies are joining to integrate IOHK’s Cardano blockchain into Orion’s trading terminal, a move that will allow access to major exchanges from… Read More

July 1, 2021 @ 3:08 pm By Tony Zerucha  |  

China’s recent actions on Bitcoin are going to reverberate across the industry for some time, the CEO of Graph Blockchain believes. Through subsidiary Babbage Mining, a proof of stake miner focused on altcoins, Graph Blockchain exposes its investors to cryptocurrency. The decision crack down on… Read More

July 1, 2021 @ 11:28 am By Tony Zerucha  |  

Latin American cryptocurrency exchange Mercado Bitcoin today completed a $200 million Series B raise from the SoftBank Latin America Fund, Mercado Bitcoin parent company 2TM Group announced. 2TM Group now has a $2.1 billion valuation. The funds are earmarked for product and technology development along with… Read More

June 30, 2021 @ 10:03 pm By Tony Zerucha  |  

Blockchain services company Casper Labs, developer of the Casper Network, is working with His Highness Sheikh Juma bin Maktoum Al Maktoum’s SJM Group of Companies to deploy the Casper Network in the United Arab Emirates. CasperLabs and Lead Ventures will work with government agencies and… Read More

June 30, 2021 @ 8:00 pm By Tony Zerucha  |  

Digital assets firm Nexo has begun to integrate Cardano’s ADA into its full suite of financial services. The process begins with buy and sell services for ADA on the Nexo Exchange, yields of up to eight per cent interest, and the option to borrow against… Read More

June 30, 2021 @ 7:54 pm By Tony Zerucha  |  

Crypto app developer and business software provider Epazz Inc. today pledged to release its StreamPay Blockchain Smart Contract app by the fourth quarter.  The app allows companies to monitor supply chains for fraud by using blockchain technology to trace products from their original components through the… Read More

June 30, 2021 @ 7:17 pm By Tony Zerucha  |  

Purpose Investments today launched the HANetf S&P Global Clean Energy Select HANzero UCITS ETF, a European exchange-traded fund incorporating carbon offsetting. The fund, now trading on the London Stock Exchange and the Deutsche Boerse under the ticker ZERO, is available through Purpose’s partnership with HANetf,… Read More

June 30, 2021 @ 6:53 pm By Tony Zerucha  |  

The Securities and Exchange Commission today charged Californian Matthew J. Skinner and five of his companies for conducting four unregistered and fraudulent real estate offerings between 2015 and 2020. The companies involved are Empire West Equity Inc., Bayside Equity LP, Longacre Estates LP, Freedom Equity… Read More

June 30, 2021 @ 5:29 pm By Tony Zerucha  |  

The past few weeks have seen some interesting geopolitical developments in the cryptocurrency space, GlobalBlock sales trader Alexandra Clark said. Iran could be taking advantage of China’s tough stance on cryptocurrency mining, Clark suggests. They recently have granted permits to 30 crypto mining farms. Should… Read More

June 30, 2021 @ 5:19 pm By Tony Zerucha  |  

One out of every four dollars stored offshore heads to Switzerland, data from AksjeBloggen.com reveals. A total of $2.4 trillion is stored in the country, with Hong Kong in second at $2.1 trillion. Singapore sits in the third spot at $1.2 trillion. The United States,… Read More

June 30, 2021 @ 3:31 pm By Tony Zerucha  |  

Corporate digital payment and credit solutions provider Aliaswire has announced $6 million in new funding. This is the first institutional funding round in its 13-year history and was led by Stage 1 Ventures. The funds are destined for staffing and product development. Stage 1 operating… Read More

June 30, 2021 @ 1:15 pm By Tony Zerucha  |  

Blockchain services and digital asset services company tZERO is working with real estate crowdfunding platform NYCE Group to digitize approximately $18 million of equity interest in NYCE. The process will begin should approvals be given in its upcoming Reg A+ offering. NYCE was founded by… Read More

June 29, 2021 @ 9:53 pm By Tony Zerucha  |  

Digital twin AI platform Cityzenith has joined forces with Rialto Markets’ new ATS. Rialto Markets will serve as deal manager for Cityzenith’s $15 million Regulation A+ raise. According to IBM, digital twins are virtual representations of objects or systems that span its entire lifecycle. Based… Read More

June 29, 2021 @ 9:23 pm By Tony Zerucha  |  

Internet of Things (IoT) communications network provider iWire this week announced a $34 million Series A funding round led by Noor Capital. France’s sovereign fund BPI France participated by offering a long-term equipment purchase option to iWire. That brings the company’s total raise to more… Read More

June 29, 2021 @ 6:07 pm By Tony Zerucha  |  

Digital cross-border remittances are set to increase by 133 billion over the next five years, a new report from Juniper Research reveals. Digital Money Transfer & Remittances: Vendor Strategies, Opportunities and Market Forecasts 2021-2025 Market Research suggests growth will foster competition as players seek to… Read More

June 29, 2021 @ 5:23 pm By Tony Zerucha  |  

African Fintech platform Carbon today announced a five-year partnership with Visa which will see physical and digital credit cards offered to its customers. Visa will provide funding across the term for implementation and marketing support. In 2020 Carbon pivoted from digital lending to digital banking… Read More

June 29, 2021 @ 4:21 pm By Tony Zerucha  |  

Global bank investment strategies are becoming more proactive, data from a Finastra survey suggest. Finastra surveyed 785 professionals from institutions in the US, UK, Singapore, France, Germany, Hong Kong, and the UAE for Financial Services: State of the Nation Survey 2021. In 2021 banks’ top… Read More

June 29, 2021 @ 3:31 pm By Tony Zerucha  |  

Digital assets payment processing company TechX Technologies has completed its acquisition of XPort Digital Limited. TechX has issued just under 5.3 million common shares to XPort shareholders at $0.952 per share for a total $5 million value. XPort offers cryptocurrency-focused businesses fiat-to-crypto onramp solutions with… Read More