August 28, 2023 @ 8:27 am By Omar Faridi  |  

An engineer at Alameda Research recently claimed via social media that he had his “entire life savings” stolen from him by his former boss: Sam Bankman-Fried. Now, after months of recuperation from the “craziness” of the FTX collapse, he’s ready to tell his story. He… Read More

August 28, 2023 @ 8:22 am By Omar Faridi  |  

Haven1, an EVM-compatible layer 1 blockchain network, has announced a strategic alliance with the team at Coinbag, an institutional-grade asset management solution. The alliance will bring the founding members and the highly-skilled team of developers from Coinbag over to Haven1, “bolstering the network’s development in… Read More

August 28, 2023 @ 8:21 am By Omar Faridi  |  

A total of 808 venture capital (VC) funding deals “worth $8 billion were announced in the UK during January to July 2023,” according to a recent update shared by GlobalData. Both VC funding deals volume and value “witnessed considerable year-on-year (YoY) decline of 28.4% and… Read More

August 28, 2023 @ 8:18 am By Omar Faridi  |  

Brazil will require an estimated $200 billion (BRL 1 trillion) investment to reach its 2030 climate goals, according to a new study released by the World Economic Forum. That’s over $100 Billion USD more “in climate transition investments than the country is currently on track… Read More

August 27, 2023 @ 10:31 pm By Omar Faridi  |  

Emmanuel Georges, Banking Circle’s Head of France, recently explained how the payments bank is “powering the payments propositions of businesses around the world.” Emmanuel explained that Banking Circle is a payments bank “meeting the global banking and payments needs of Payments businesses, Banks and corporates”… Read More

August 27, 2023 @ 9:57 pm By Omar Faridi  |  

Anytype – the peer-to-peer web builder designed to “restore our digital freedoms and put the power of our digital lives back in our hands” – is announcing it has raised a $13.4 million round led by Balderton Capital. Inflection and Square One also “participated, as… Read More

August 27, 2023 @ 8:38 pm By Omar Faridi  |  

Num Finance, the issuer of local stablecoins in Latin America, has launched its newest stablecoin, nCOP. Designed to be pegged to the Colombian Peso, nCOP is now “live on the Polygon network, Num Finance’s primary blockchain partner.” This launch represents a major expansion of the… Read More

August 27, 2023 @ 7:48 pm By Omar Faridi  |  

British Business Investments announces a new £20m Tier 2 capital facility for Cambridge & Counties Bank Limited. Funds raised from the facility will enable Cambridge & Counties Bank “to increase its volume of competitive lending to smaller businesses over and above levels it might have… Read More

August 27, 2023 @ 4:42 pm By Omar Faridi  |  

Binance, which is being sued by US regulators for a wide range of issues, is pleased have collaborated with Taiwan’s New Taipei District Prosecutors Office on “a workshop focused on combating cybercrime within the virtual assets space.” Conducted on August 24, the workshop is part… Read More

August 27, 2023 @ 4:41 pm By Omar Faridi  |  

The expansion to this new Coinbase-incubated blockchain is set to offer 1inch users access to deeper liquidity, lower transaction costs and higher speeds. Continuing its expansion across the DeFi space, the 1inch Network is glad to share that the 1inch Aggregation Protocol and the 1inch… Read More

August 27, 2023 @ 4:40 pm By Omar Faridi  |  

Bitso —which claims to be the leading financial services company powered by crypto in Latin America with 7 million users and 1,500 institutional clients— announced the appointment of Robert Dennis Harrop as the new Chief Technology Officer (CTO), a British specialist who has worked at… Read More

August 27, 2023 @ 4:38 pm By Omar Faridi  |  

Elusiv, a privacy protocol building Web3’s universal encryption layer for a secure decentralized world, has launched the first Private Token Swaps on Solana. Now available via the Elusiv Web App, the Private Token Swap functionality “allows users to exchange assets without disclosing private information about… Read More

August 27, 2023 @ 2:13 pm By Omar Faridi  |  

Silicon Valley Bank (SVB), a division of First Citizens Bank, announced Martin Murrell has been named Head of Global Payments and Milton Santiago was named Head of Global Digital Solutions. The new leaders will further SVB’s commitment “to innovative products, client solutions and exceptional client… Read More

August 27, 2023 @ 1:28 pm By Michael Wong  |  

Publicly traded banking and financial institution Alliance Bank Malaysia Berhad has announced its partnership with software house and IT services provider Comarch to launch a digital wealth platform. The Comarch Wealth Management system will allow the bank’s customers to view their financial information, including their… Read More

August 27, 2023 @ 10:23 am By Omar Faridi  |  

Global assurance partner, LRQA, has announced the appointment of Ian Spaulding as its new Chief Executive Officer (CEO), “effective from 1 September 2023.” Current CEO, Paul Butcher, has decided “to step down and will support the organization in an advisory capacity to the board.” LRQA’s… Read More

August 27, 2023 @ 7:03 am By Omar Faridi  |  

TradeStation Securities, Inc., a self-clearing online brokerage for trading stocks, ETFs, options and futures, has announced its integration with Unusual Whales, an option flow platform and information service. This collaboration makes TradeStation “the first major U.S. multi-asset class broker dealer integrated into the Unusual Whales… Read More

August 26, 2023 @ 11:42 pm By Omar Faridi  |  

11 early-stage startups from 7 countries (3 from Switzerland, 3 from Germany) have been selected for the upcoming Tenity Incubation Program starting “on August 28th, 2023, in Switzerland” Selected startups reportedly receive “an initial CHF50k investment from the Tenity Incubation Fund II.” The fund will… Read More

August 26, 2023 @ 9:40 pm By Omar Faridi  |  

Socotra, the provider of modern, cloud-based technology for insurers worldwide, announced today that Sonny Patel has joined the company in the role of Chief Product and Technology Officer. She will be responsible for “leading the company’s Product and Engineering teams alongside Product Architect Matt Hamilton,… Read More

August 26, 2023 @ 8:46 pm By Michael Wong  |  

American Fintech SaaS company Irys Insurtech Inc has announced raising $3.5 million in a Seed funding round anchored by Markd, a venture capital investor focused on Insurtech innovations. The funding round, which also saw participation from insurtech firms such as Brokertech Ventures, Revtech Labs, Cofounders… Read More

August 26, 2023 @ 7:39 pm By Omar Faridi  |  

Maybank introduced the myimpact credit card, in efforts “to empower its customers towards making better sustainable life choices which will impact the next generation.” The credit card, which is “made from bio-sourced polylactic acid, features a ground-breaking initiative deemed first-of-its-kind in the country, provides mechanisms… Read More