Global

September 29, 2020 @ 2:58 pm By Omar Faridi  |  

1inch.exchange, a decentralized or non-custodial crypto exchange (DEX) aggregator, notes that they’re always working on making improvements to the overall security of their service. The 1inch team confirmed that they’ve teamed up with Hacken, an established provider of cybersecurity solutions. The 1inch team stated: “We… Read More

September 29, 2020 @ 1:38 pm By JD Alois  |  

The Gibraltar Stock Exchange has announced the listing of 3iQ’s The Bitcoin Fund, debuting one of the world’s first regulated and exchange-traded Bitcoin funds on a European regulated exchange. 3iQ is a Canada based investment fund manager. The company has previously received approval from the… Read More

September 29, 2020 @ 1:00 pm By Omar Faridi  |  

Binance Launchpool, which is managed by Binance, the world’s largest digital asset exchange, has introduced the Venus Protocol (XVS), which is described as an algorithmic money market system developed “to bring a complete decentralized finance-based lending and credit system” onto Binance Smart Chain (a blockchain… Read More

September 29, 2020 @ 12:26 pm By Samantha Hurst  |  

Waves.Exchange, a global cryptocurrency exchange, announced on Tuesday the launch of Decentralized Forex (DeFo) a new trading model powered by stablecoins. The platform will support seven currency-pegged digital assets at launch, which are USDN, EURN, JPYN, CNYN, RUBN, UAHN, and NGNN. Waves.Exchange also revealed all… Read More

September 29, 2020 @ 11:29 am By JD Alois  |  

The Depository Trust & Clearing Corporation (DTCC) is looking towards the future of digital securities as the industry advances from physical certificates to digital assets. The DTCC touches about all security transactions. In 2019, DTCC’s subsidiaries processed securities transactions valued at more than U.S. $2.15… Read More

September 29, 2020 @ 11:06 am By JD Alois  |  

Deposit Solutions, a Germany based Fintech unicorn, has announced its launch in the US market. According to a release, its consumer savings portal SaveBetter connects American banks digitally with savers, targeting the $16 trillion U.S. deposit market. Prominent US entrepreneur and investor Peter Thiel is… Read More

September 29, 2020 @ 10:45 am By Samantha Hurst  |  

  U.S.-based cryptocurrency exchange PayBito recently announced it has experienced a record 300% surge in Crypto traders visiting the platform in the past three months. PayBito reported that while improving its crypto portfolio, it has been widely expanding its operations in various locations. Lately, the… Read More

September 29, 2020 @ 9:51 am By JD Alois  |  

Global consulting group EY has announced the launch of “EY OpsChain Network Procurement solution.” The Ethereum based platform is said to allow companies to privately run end to end procurement activities. The beta version is free to use. The blockchain platform seeks to convert procurement… Read More

September 29, 2020 @ 9:00 am By JD Alois  |  

Kadena has embraced the decentralized finance (DeFi) movement with a decentralized exchange (DEX) called Kadenaswap, according to a note from the company. Kadenaswap will utilize Kadena’s scalable blockchain that is said to currently top out at 480,000 transactions per second thus addressing a nagging scalability… Read More

September 29, 2020 @ 8:53 am By Omar Faridi  |  

Egypt’s Banque Misr, which is the nation’s second-largest commercial bank, is reportedly planning to launch an all-digital or digital-only bank during the third quarter of 2021. Akef El Maghraby, the Vice Chairman of Banque Misr, confirmed that the digital banking platform would go live next… Read More

September 29, 2020 @ 7:51 am By Omar Faridi  |  

Open Banking solutions are increasingly being adopted globally and also in the United Kingdom, where user numbers have doubled to around 2 million during the past 6 months. The Open Banking Implementation Entity (OBIE), an organization established by the UK’s Competition and Markets Authority (CMA)… Read More

September 29, 2020 @ 7:46 am By Omar Faridi  |  

Airwallex, an Australia-based Fintech company, has reportedly extended an existing $250 million investment round by $40 million (appr. AUD 57 million). Scott Farquhar, the co-founder at Atlassian, has joined the funding round through his firm, Skip Capital. Airwallex has managed to secure substantial investments so… Read More

September 28, 2020 @ 10:10 pm By JD Alois  |  

Seeking to fund digital infrastructure and deep tech startups, Crowdcube is partnering with Episode 1, investors in Zoopla, Shazam, and carwow, according to a release. The £100 million fund will invest in the next generation of infrastructure and deep tech startups in the digital sector…. Read More

September 28, 2020 @ 10:00 pm By JD Alois  |  

A Discussion with Franck Guiader of Gide 255 Last week, the European Commission adopted a Digital Finance Package along with legislative proposals on cryptoassets (digital assets). The move had been widely telegraphed by the Commission and, in fact, a draft of the crypto regulation was leaked… Read More

September 28, 2020 @ 9:49 pm By Omar Faridi  |  

Crypto exchange OKCoin confirms that they recently listed Uniswap’s UNI governance token and are now planning to list cUSDC and cUSDT tokens from Compound, which is another major algorithmic money market developed on Ethereum (ETH). As explained by the OKCoin team, UNI is the governance… Read More

September 28, 2020 @ 2:58 pm By Omar Faridi  |  

Claire Gillespie, Digital Technology Skills Manager at Skills Development Scotland, recently explained that apprenticeships or training programs can really help the Fintech sector with making a recovery and also substantial progress after the pandemic has passed (even though it’s still not clear if/when this will… Read More

September 28, 2020 @ 2:36 pm By JD Alois  |  

LendIt Fintech has announced the winners of its annual awards competition recognizing innovators from the financial services sector. This is the 4th annual LendIt Fintech Industry Awards with this years’ event, starting tomorrow, being virtual in nature due to COVID. LendIt reported that there were… Read More

September 28, 2020 @ 11:53 am By Omar Faridi  |  

Chainalysis, a leading blockchain analysis firm, has revealed that it will establish two new offices in Singapore and Tokyo. The company stated that it remains focused on fully supporting local crypto and blockchain companies. It’s also helping government agencies and traditional financial institutions with monitoring… Read More

September 28, 2020 @ 11:47 am By JD Alois  |  

Younited Credit Germany, an expansion by France based Younited Credit, reports having originated over €10 million in loans since launch in February of 2020. Younited Credit is a European online credit platform, certified by the French authority in charge of financial stability and customer protection (ACPR)…. Read More

September 28, 2020 @ 10:16 am By Omar Faridi  |  

The developers of the Ocean Protocol, which allows software engineers to build marketplaces and other apps to privately and securely publish, exchange, and consume data, confirmed (on September 28) that on September 27, 2020, the Ocean Protocol Foundation had initiated a hard fork or backward-incompatible… Read More