June 29, 2023 @ 7:26 pm By Omar Faridi  |  

Binance Labs, the venture capital and incubation arm of Binance (which has been sued by US regulators for a wide range of issues), continues to support the growth of the DeFi sector and has participated in a strategic funding round for Maverick Protocol, a DeFi… Read More

June 29, 2023 @ 6:44 pm By Omar Faridi  |  

Recently, The Graph, a protocol for indexing and querying blockchain data, eclipsed one trillion queries. For years, subgraphs on The Graph have “been powering thousands of decentralized applications (dapps) in development and production across the hosted service and Graph Network.” There are over 74,000 subgraphs… Read More

June 29, 2023 @ 6:42 pm By JD Alois  |  

It appears that raising money online runs in the family when it comes to Dalmore Group founder Etan Butler as his son is pursuing an already successful rewards-based campaign. Live now on Kickstarter, Gal Butler has raised over $85,000 on a funding target of just… Read More

June 29, 2023 @ 6:14 pm By Omar Faridi  |  

Backbase, a global Fintech company and creators of a unified Engagement Banking Platform that improves every aspect of the customer and member experience, announced multiple new hires to its Enterprise team in North America. The addition of these skilled professionals shows Backbase’s dedication “to the… Read More

June 29, 2023 @ 5:48 pm By Omar Faridi  |  

Silicon Valley Bank (SVB), a division of First Citizens Bank, announced that it has provided a $50 million warehouse facility to Achieve, the leader in digital personal finance. Achieve provides personal loans “to help with debt and cash flow, home equity lines of credit, as… Read More

June 29, 2023 @ 5:39 pm By Omar Faridi  |  

Schroders announces a tokenized investment vehicle project to explore the capabilities for personalization and simplification of investments that blockchain technology could deliver. Schroders is participating in the Monetary Authority of Singapore’s Project Guardian, a ground-breaking initiative that aims “to develop a responsible and innovative digital… Read More

June 29, 2023 @ 5:35 pm By Omar Faridi  |  

Bitpanda has announced that Bitpanda Pro, their digital asset exchange for institutions and “seasoned” investors, is rebranding and becoming ‘One Trading.’ Founded in 2014 and headquartered in Vienna, Bitpanda is one of the most successful digital asset firms in Europe. After a €30m Series A… Read More

June 29, 2023 @ 3:03 pm By JD Alois  |  

Coinbits is another digital asset platform with a relationship with Prime Trust – now insolvent – that finds that some customers cannot access their crypto. In a series of Tweets, Coinbits shared the news to its followers: This is thread that we would never have… Read More

June 29, 2023 @ 2:56 pm By Omar Faridi  |  

Ledger brings core tech and governance “to help institutions manage crypto trading risk and regulation with custodial trading solutions.” Ledger recently announced that the firm is “entering the institutional trading technology market with the first open network to enable custodial trading via exchange and custodial… Read More

June 29, 2023 @ 2:51 pm By Omar Faridi  |  

Astrix Security, the enterprise’s trusted solution for securing non-human identities, has secured $25 million in Series A funding led by CRV with participation from existing investors Bessemer Venture Partners and F2 Venture Capital. This new investment brings Astrix’s total funding “to almost $40 million.” Fueled… Read More

June 29, 2023 @ 12:24 pm By Omar Faridi  |  

FiVerity, the provider of Anti-Fraud Collaboration solutions, today announced new platform features designed to help the financial industry fight back against fraud. FiVerity also announced it is “opening the network to an initial 200 small and medium-sized financial institutions, providing approved businesses with free access… Read More

June 29, 2023 @ 12:06 pm By JD Alois  |  

Online capital formation platform Issuance, has expanded its Issuance Express platform to include Reg D 506(b) offerings. Issuance already supports Reg CF (Regulation Crowdfunding) and Reg A+ (Regulation A) exempt securities offerings. The Express service is a streamlined process to invest in a private security… Read More

June 29, 2023 @ 11:43 am By JD Alois  |  

The House Financial Services Committee, under the leadership of Republicans, has sent another letter to SEC Chairman Gary Gensler – this time blasting Gensler for ignoring a previous missive. The Chairman of the Committee, Patrick McHenry, the Chairman of the House Judiciary Committee, Jim Jordan,… Read More

June 29, 2023 @ 11:22 am By Omar Faridi  |  

Mastercard (NYSE: MA) announced the launch of the Multi Token Network (MTN), a set of core capabilities designed to make transactions within the blockchain and digital asset ecosystems secure, scalable and interoperable – enabling payment applications and trade more efficiently. A new solution for the… Read More

June 29, 2023 @ 9:52 am By JD Alois  |  

A memorandum of understanding (MoU) has been created and signed by multiple institutions in Lithuania to confirm the “National Fintech Guidelines for 2023-2038.” Lithuania is a hot Fintech market that has punched above its weight for some time now when it comes to innovation in… Read More

June 29, 2023 @ 9:29 am By Omar Faridi  |  

European SMEs are increasingly using cards and making online and  virtual payments, according to research by Qonto, the European business finance  solution for SMEs. Analysis published has looked at “the spending habits of 350,000 SMEs and freelancers.” The  data “shows increased card usage as well… Read More

June 29, 2023 @ 8:49 am By Omar Faridi  |  

Binance, which claims to be the largest crypto exchange that’s being sued by US regulators for a wide range of issues, has now had its European banking partner Paysafe Payment Solutions (NYSE: PSFE) reveal that it will stop offering its embedded wallet solution to the… Read More

June 28, 2023 @ 6:56 pm By JD Alois  |  

Like many other jurisdictions, the European Union has been reviewing the potential to launch a digital Euro, and today, the EU took another step in that direction. As expected, the EU issued a proposal to create a digital Euro which seeks to satisfy the needs… Read More

June 28, 2023 @ 6:34 pm By JD Alois  |  

Once one of the most respected real estate investment platforms in the US, PeerStreet has now filed for bankruptcy. According to a corporate statement, PeerStreet aims to sell substantially all of its assets, including its mortgage loan assets, and tech platform. The company seeks to… Read More

June 28, 2023 @ 5:53 pm By Omar Faridi  |  

AI technology is rapidly evolving and its applications even faster. Ramp says they are dedicated “to pushing the frontiers of AI to help businesses save time and money,” using GPT to deliver price intelligence, expense management, and more. As stated by the company’s management, they… Read More