January 2, 2023 @ 1:09 pm By Omar Faridi  |  

Charles Guillemet, Ledger’s CTO, looks back at the most “critical” crypto events of 2022 and argues that “the failure of centralized entities has emphasized more than ever the importance of self-custody in ensuring inalienable ownership rights.” Ledger notes in a blog post that 2022 was… Read More

January 2, 2023 @ 1:01 pm By Omar Faridi  |  

With FTX’s former CEO now looking at the possibility of life in prison, the past six months of the ongoing crypto crisis “have left the popularity of digital currency at a new low,” according to an update shared with CI. However, professional exchange CryptoKG is… Read More

January 2, 2023 @ 8:49 am By Omar Faridi  |  

In 2022, several notable federal indictments, sentences, and seizures related to cryptocurrency were “made public in the United States,” the CertiK team noted. To understand the extent and nature of government activity in Web3, CertiK has conducted research and analysis “on the state of federal… Read More

January 2, 2023 @ 8:43 am By Omar Faridi  |  

iKVA (formerly Kvasir), an AI knowledge management company which seeks to enable businesses to make better decisions, has secured 64% (£441,800) of its £680,000 target (at the time of writing) from 178 investors with 8 days left in the firm’s crowdfunding campaign, carried out via… Read More

January 2, 2023 @ 8:40 am By Omar Faridi  |  

Circle has submitted comments to the Financial Stability Board’s (FSB) proposed framework for the international regulation of crypto-asset activities and the regulation and supervision of “Global Stablecoin” Arrangements. Circle appreciates the critical role that the FSB plays in “promoting international financial stability, particularly in developing… Read More

January 1, 2023 @ 6:42 pm By Omar Faridi  |  

The team at Binance is pleased to announce that Binance-Peg BUSD is now “available on TRON.” Along with the BUSD issued by Paxos on the Ethereum blockchain, Binance-Peg BUSD (a wrapped version of BUSD “offered by Binance) extends its supported blockchain networks to include TRON.”… Read More

January 1, 2023 @ 6:05 pm By Omar Faridi  |  

Save, a Fintech company that helps people earn higher yields on their spending and savings, announced that it has “added a new Environmental, Social, and Governance (ESG) portfolio that provides a yield from, amongst other ETFs, the iShares ESG Aware ETFs.” According to Morningstar Direct,… Read More

January 1, 2023 @ 6:00 pm By Omar Faridi  |  

Pacaso, the real estate platform that helps people buy and co-own a luxury second home, released a report “identifying the top ten luxury second home markets across the U.S. in 2022.” To determine the top U.S. markets, Pacaso reportedly “analyzed second home mortgage rate lock… Read More

January 1, 2023 @ 5:13 pm By Omar Faridi  |  

C6 Bank has again expanded the investment options available to its clients. Now, there are reportedly more than 500 funds listed on C6 Invest, the investment platform that is within the bank’s application. Among the options “are fixed income, equity, multimarket, currency and crypto funds,… Read More

January 1, 2023 @ 2:18 pm By JD Alois  |  

Credefi, a provider of decentralized and secured lending portfolios, says it has been approved to brand itself as powered by Experian while stating it is the first blockchain firm to gain this type of partnership. Experian, one of the largest credit reporting firms in the… Read More

January 1, 2023 @ 1:59 pm By Omar Faridi  |  

Halo Investing, the protective investment platform for today, and Ladder, the digital life insurance agency of tomorrow, announce their partnership. Advisors now have access to more life insurance options “with greater term flexibility, potentially saving policyholders up to 40%.” An all-digital architecture and real-time underwriting… Read More

January 1, 2023 @ 1:51 pm By Omar Faridi  |  

N26 recently announced changes to its leadership organization. Effective immediately, N26 co-founder Maximilian Tayenthal will “take over the role of Chief Operating Officer, while retaining his role as Managing Director of N26 Bank AG.” N26 and Jan Kemper have jointly “agreed that he will step… Read More

January 1, 2023 @ 11:30 am By Omar Faridi  |  

Since the beginning of the year, the price of bitcoin has dropped by 64% from $46,311 to $16,851, but the market hasn’t yet reached a bottom. As the global economy enters a recession, the world’s first cryptocurrency could fall to $10,000 in 2023, according to… Read More

January 1, 2023 @ 9:37 am By Omar Faridi  |  

Darwinbox, which claims to be one of the fastest-growing HR technology unicorns, announced the appointment of Panuwat Benrohman (Ben) as the Managing Director and Country Head for Thailand. Panuwat (Ben) is the latest addition to Darwinbox’s growing Regional Leadership team and will be “at the… Read More

December 31, 2022 @ 7:00 pm By Omar Faridi  |  

According to Mastercard SpendingPulseTM, U.S. retail sales excluding automotive “increased 7.6% year-over-year this holiday season, running from November 1 through December 24.” Mastercard SpendingPulse “measures in-store and online retail sales across all forms of payment and is not adjusted for inflation.” Steve Sadove, senior advisor… Read More

December 31, 2022 @ 3:27 pm By Omar Faridi  |  

Israel’s reserve bank recently issued a conditional license for the launch of the nation’s second virtual bank, which is being co-led by Nir Zuk, the American-Israeli founder of the cybersecurity company, Palo Alto Networks, Inc. As first reported by The Times of Israel, Bank of… Read More

December 31, 2022 @ 2:48 pm By Omar Faridi  |  

Bondora notes that they aim to keep their portfolio in “top shape’ and generate continuous positive returns for investors. That’s why they’ve sold yet another batch of old defaulted loans in Estonia. However, the system update after this sale “caused a temporary reporting hitch that… Read More

December 31, 2022 @ 2:47 pm By Omar Faridi  |  

There has never been a “dull moment” in crypto, and this year was no exception, the team at Kraken noted. In 2022, Kraken celebrated 11 years of their mission “to accelerate the adoption of cryptocurrency so that you and the rest of the world can… Read More

December 31, 2022 @ 11:21 am By Omar Faridi  |  

Sezzle Inc. (ASX: SZL), a Buy Now, Pay Later (BNPL) solution in Canada, recently announced the expansion of Sezzle Up, a consumer credit-product, into the Canadian market. For Canadians who are either credit unserved or underserved, “the lack of a credit score and any history… Read More

December 31, 2022 @ 11:20 am By Omar Faridi  |  

China’s securities regulator stated on Friday (December 29, 2022) that online brokerage platforms Futu Holding and UP Fintech Holding have allegedly carried out unlawful securities businesses/transactions, and will now be banned from opening new accounts from mainland China investors. The penalty comes after over a… Read More