December 28, 2021 @ 7:04 pm By Tony Zerucha  |  

The American Blockchain PAC is urging American legislators to look to the future and not inhibit the transformative power of blockchain technology through heavy-handed regulation. The organization is an independent, non-profit committee that lobbies federal legislators to support blockchain-based and cryptocurrency-based initiatives.. On Dec. 8,… Read More

December 28, 2021 @ 5:55 pm By JD Alois  |  

If you are a criminal that steals from others, accepts bribes, or generates income from other malfeasant activities (like dealing drugs), you put yourself at risk of state/local and federal law enforcement authorities. But if you don’t get caught you are still on the hook… Read More

December 28, 2021 @ 5:10 pm By Omar Faridi  |  

Peer-to-peer lending has become an increasingly popular strategy among online investors. Platforms like Prosper have brought the P2P lending model “into the spotlight,” according to an update from YieldStreet, a multi-asset alternative investment platform that’s focused on reducing friction and offering “previously unattainable” access to alternatives… Read More

December 28, 2021 @ 5:01 pm By Omar Faridi  |  

It was an eventful week for the Java Ecosystem and the Open Source communities: on December 9, 2021, a critical vulnerability was found in the widely-used Java Logging framework Log4j (version 2). The team at payments Fintech Adyen has shared details on some of the… Read More

December 28, 2021 @ 5:00 pm By Tony Zerucha  |  

More than half a billion dollars worth of cryptoassets were stolen from exchanges in the first half of December, compliance firm Elliptic said in a recent blog post. On Dec. 11 and 12, close to $83 million was stolen from AscendEX, a cryptoasset exchange that… Read More

December 28, 2021 @ 1:46 pm By Omar Faridi  |  

Layer 2 scaling solution Nahmii has shared updates regarding users’ ability to withdraw funds from Nahmii to Ethereum via their bridge. As the team reaches the end of a busy year for the Nahmii project, they wanted to share a timely update with the community… Read More

December 28, 2021 @ 1:39 pm By Tony Zerucha  |  

Open banking is a fast emerging trend in the Fintech sector, and several factors will help it to evolve in 2022, Axway’s head of open banking Eyal Sivan said. The upcoming year will be when North America begins its formal adoption of open banking, Sivan… Read More

December 28, 2021 @ 10:37 am By Omar Faridi  |  

Addi, a startup that has experienced steady growth by providing clients in Latin America the chance to use Buy Now, Pay Later (BNPL) services, recently secured $200 million of debt and equity in order to support an expansion in the region. The Bogota-headquartered Fintech confirmed… Read More

December 28, 2021 @ 9:45 am By JD Alois  |  

Once again, the Monetary Authority of Singapore (MAS) is urging the population to give e-hong baos as opposed to physical cash. While telling people the digital version is more environmentally friendly, the digital version should also help limit queuing at banks that can fuel COVID… Read More

December 28, 2021 @ 9:05 am By Omar Faridi  |  

On Thursday, December 9, 2021, a “critical” zero-day exploit was reported in the widely used log4j2 library. The exploit “did not affect the Hedera network,” the platform’s developers claim while noting that “out of an abundance of caution, the Hedera team addressed the issue on… Read More

December 28, 2021 @ 8:58 am By JD Alois  |  

Croatia-based Robo.cash is reporting that it garnered € 42 million of investments in 2021, exceeding the year prior amounts growing by 227%. Robo.cash is a peer-to-peer platform that operates in the European Union and Switzerland. It also operates in parts of Asia. Robo.cash states that… Read More

December 28, 2021 @ 8:12 am By Omar Faridi  |  

The UK’s Nationwide House Price Index reveals that the price of a “typical” home in the country grew by 10% YoY in November, which is a just bit higher than the 9.9% recorded in October 2021 (on a monthly basis, prices surged by 0.9%, up… Read More

December 28, 2021 @ 4:37 am By Omar Faridi  |  

On its face (or at surface level), 2021 may not have seemed like the year cryptocurrency “got serious,” according to an end-of-year update from Mastercard (NYSE: MA). The team at Mastercard noted that this year, we had Elon Musk sending Dogecoin (a virtual currency initially… Read More

December 28, 2021 @ 4:25 am By Omar Faridi  |  

UK’s digital banking platform Starling Bank has provided some end-of-year updates. As we look ahead to 2022, Starling Bank notes that diversity is at “the heart” of their company. They believe that “regardless of who you are, it is your knowledge, skills and experience that matter.”… Read More

December 28, 2021 @ 2:18 am By Omar Faridi  |  

This week, crypto (again) reached “record levels” of investment while industry professionals gathered to predict the key trends for the sector in 2022, the team at Sygnum Bank wrote in a blog post. At the same time, Sygnum has introduced a structured product offering (what… Read More

December 28, 2021 @ 1:05 am By Omar Faridi  |  

Stryve, which is focused on the “future of work” by leveraging automation, has secured 122% (£244,072) of its £200,000 target from 168 investors via Crowdcube with 25 days left in its crowdfunding campaign (at the time of writing). As explained in the update, Stryve’s ‘Talent… Read More

December 27, 2021 @ 11:27 pm By Omar Faridi  |  

Mr Leong Sing Chiong, Deputy MD at the Monetary Authority of Singapore (MAS), noted (during the annual IBF Distinction Evening program) that every year, the financial services industry gathers to “recognize those who have reached the pinnacle of their professions, and those who have contributed significantly… Read More

December 27, 2021 @ 10:37 pm By Omar Faridi  |  

The Irving Fisher Committee or IFC report, shared by the BIS, has summarized the results of a survey carried out on sustainable finance statistics among its members. There were 63 answers, offering extensive information for 28 advanced economies (AEs) and 31 emerging market economies (EMEs)…. Read More

December 27, 2021 @ 9:17 pm By Omar Faridi  |  

The developers of IOTA are announcing the start of IOTA staking. With the release of Firefly 1.3.0, the staking functionality is “fully” integrated and IOTA holders can begin staking their IOTAs “in return for SMR, the native token of the Shimmer network and ASMB, the… Read More

December 27, 2021 @ 8:01 pm By Omar Faridi  |  

Dr. Ben Livshits, CEO at Zilliqa, the high-performance, a high-security blockchain platform, notes in an end-of-year update that in a fast-paced industry, the crypto market lows and highs, and uncertainties around Covid-19 “continued to create a trifecta of challenges for all this year.” But the… Read More