July 28, 2024 @ 4:53 pm By Tony Zerucha  |  

Crypto specialist Bitwise Asset Management this week launched Bitwise Ethereum ETF on the New York Stock Exchange. ETHW has a management fee of 0.20%, with the fee set to 0% for the first six months on the first $500 million in assets. The fund invests directly in… Read More

July 28, 2024 @ 4:50 pm By Tony Zerucha  |  

StakeWise, which provides liquid staking for DeFi natives, solo stakers, and institutions on Ethereum and Gnosis Chain, this week released the latest iteration of its liquid staking protocol, StakeWise V3, on Gnosis Chain. The deployment of Stakewise V3 on Gnosis Chain, which comes less than a year after it went… Read More

July 27, 2024 @ 1:09 pm By Tony Zerucha  |  

Bitlayer Labs, a Bitcoin Layer 2 based on the BitVM paradigm, has completed an $11 million Series A funding round. The round is led by Franklin Templeton and ABCDE, who, alongside Framework Ventures, led Bitlayer’s seed round funding. This latest round of investment brings Bitlayer’s total funding to $16 million…. Read More

July 27, 2024 @ 1:05 pm By Tony Zerucha  |  

This week, the British Business Bank disclosed 10 additional companies in which the Future Fund holds an equity interest. That gives them an equity interest in 711 companies with a total investment of £708 million as of June 30. That’s one company less than in… Read More

July 27, 2024 @ 9:43 am By Tony Zerucha  |  

NordPass’s head of product research and development, Sorin Manole, said Mastercard’s recent commitment to reaching full e-commerce tokenization by 2030 in Europe enables better security through the increased use of passkeys. In practice, this means that cardholders can enable passkeys to authenticate e-commerce transactions. “From… Read More

July 21, 2024 @ 11:38 pm By Tony Zerucha  |  

Executives from two Fintech companies believe this week’s system outages could hurt SMEs the most and highlight the need for additional resiliency in an increasingly connected world. The past seven days began with an outage at CHAPS. While it was temporary, it significantly affected European… Read More

July 21, 2024 @ 10:02 pm By Tony Zerucha  |  

april, an AI-powered tax-filing product built to be embedded with financial services providers, this week appointed Raj R. Doshi as its president and chief operating officer. Doshi brings more than 20 years of experience with organizations including Google, TaxAct and Avantax. Doshi’s focus will be… Read More

July 21, 2024 @ 6:49 pm By Tony Zerucha  |  

The co-founder of a cloud platform for global card processing insists that recent payment systems outages are the price the world pays for widely used yet outdated infrastructure. Robert Kraal is the CBDO of Silverflow, which offers a cloud-native solution with a single API for… Read More

July 21, 2024 @ 6:47 pm By Tony Zerucha  |  

Episode Six, a payment processing provider and digital ledger infrastructure, has announced that its cloud-based solution, offering payments-as-a-service, is now available on the Amazon Web Services (AWS) Marketplace. The company operates across 14 AWS availability zones, including regions such as the United States, Europe, Singapore, Australia,… Read More

July 21, 2024 @ 6:35 pm By Tony Zerucha  |  

Raise, a payments provider in the global gift card industry, announced a partnership with Parity Technologies this week to provide the payment rails for the upcoming Polkadot mobile application. Previewed during last week’s Polkadot Decoded conference, Raise’s white-label payments and gift card infrastructure API will allow users to make… Read More

July 21, 2024 @ 2:36 pm By Tony Zerucha  |  

Propy, a real estate tokenization platform, and Parcl, a DeFi protocol built on real estate data, have announced a new strategic partnership. It will enhance the analytics of all on-chain real estate minted on PropyKeys using Parcl’s data integrations. Parcl and Propy revealed that more than $10 billion worth of… Read More

July 21, 2024 @ 2:30 pm By Tony Zerucha  |  

Fraudulent transactions in the first half of 2024 were up more than 73% year over year, and suspected fraudulent transactions increased by more than 84%, according to the 2024 Mid-Year Identity Fraud Review, released this week by AuthenticID, a provider of identity verification and fraud… Read More

July 21, 2024 @ 2:28 pm By Tony Zerucha  |  

Euroclear has acquired a 49% stake in Inversis, a global investment technology solutions provider and outsourced financial services. By the end of 2027, Euroclear will become the full owner of Inversis. The transaction is subject to customary closing conditions and regulatory approvals. Founded in 2001 and… Read More

July 21, 2024 @ 2:23 pm By Tony Zerucha  |  

Chainlink believes its new Chainlink Digital Assets Sandbox (DAS) will accelerate digital asset innovation within financial institutions. The company said Chainlink DAS is designed for financial institutions that want to quickly innovate and experience the potential of generating new revenue opportunities, increasing efficiencies and improving… Read More

July 16, 2024 @ 8:11 am By Tony Zerucha  |  

Decentralized computing platform Chainlink and Starknet, the secure scaling technology bringing Ethereum’s benefits to the world, announced this week that Chainlink Data Feeds, a data solution for DeFi, are now live on Starknet mainnet. Starknet is an ecosystem that helps developers to overcome Ethereum’s scalability limitations while ensuring computational integrity. The… Read More

July 15, 2024 @ 4:46 pm By Tony Zerucha  |  

Mina Foundation, a public benefit corporation servicing zero-knowledge (ZK) blockchain Mina Protocol, has appointed deep-tech lawyer and senior legal executive Daniel Schoenberger as its general counsel, effective immediately. Schoenberger brings more than two decades of legal and policy experience from across Web2 enterprise, Web3, and education. He joins… Read More

July 15, 2024 @ 4:39 pm By Tony Zerucha  |  

SKROL emerged from stealth this week with a $1.2 million pre-seed funding round led by David Rosskamp’s Magnetic Capital, a venture fund that was an early investor in Cassau’s previous startup, Grover. SKROL utilizes artificial intelligence (AI) to assist with acquiring and transforming SMBs, including… Read More

July 15, 2024 @ 7:58 am By Tony Zerucha  |  

This week, Open Payment Technologies launched Kuady, a digital wallet app. Designed to accelerate financial inclusion and transform how merchants and users manage their money, Kuady launched in Peru and Chile – giving global organizations access to these markets with seamless cross-border transactions – with further LatAm countries being… Read More

July 13, 2024 @ 5:16 pm By Tony Zerucha  |  

This week, COCA, a provider of blockchain-powered financial solutions, launched physical debit cards in more than 50 countries. It’s the newest addition to a product line that already includes virtual cards and a non-custodial wallet. COCA said the cards are designed to function without the… Read More

July 13, 2024 @ 12:51 pm By Tony Zerucha  |  

Web3 company Wirex has launched Whale, a Telegram app targeting the attention economy. Through active engagement, Whale users can earn rewards, gain access to exclusive token deals, and achieve industry recognition. Wirex said Whale is designed to transform attention into a valuable currency in the digital… Read More