The United States Federal Reserve must go big with a supersized 50-basis-point interest rate cut in September to get ahead of a looming economic storm, advises deVere Group founder and CEO Nigel Green. The warning comes as consumer prices in the US inched up modestly… Read More
Read more in: Politics, Legal & Regulation | Tagged devere group, interest rates, nigel green, us federal reserve
Klarna, the AI-powered global payments network and shopping assistant, has launched two new products tapping into retail banks’ core business: everyday spending and saving. Launched in 12 countries across Europe and the US, this marks “a significant step forward in Klarna’s mission to disrupt retail… Read More
Read more in: Fintech, Global | Tagged ai, klarna, payments, savings, spending
Adyen (ADYEN:AMS), the global payments platform of choice for many of the world’s leading companies, today announced its expansion in India, following the grant of authorization from the Reserve Bank of India to operate as an Online Payment Aggregator in India for domestic and cross-border… Read More
Bitfinex, a digital asset trading platform, has announced a collaboration to explore a strategic integration with Komainu Connect, a regulated digital asset custodian. The integration is expected to “allow institutions and sophisticated investors to leverage Bitfinex’s deep liquidity and advanced trading features while maintaining the… Read More
Read more in: Blockchain & Digital Assets | Tagged bitfinex, digital assets, integration, komainu
In June, a team at CertiK conducting whitehat research discovered a “critical” vulnerability in the Kraken platform. This CertiK team then reportedly “notified the exchange to ensure this important vulnerability was fixed—which was a win for blockchain and Web3 security.” However, in conducting this work,… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged blockchain adoption, certik, kraken, security
Strategy consultants at OC&C have shared a report unveiling a significant opportunity for Embedded Finance for scale SaaS ERP (Enterprise Resource Planning) and payroll providers. Embedded Finance refers to the “integration of financial products into non-financial customer journeys.” The value chain for embedded finance typically… Read More
Read more in: Fintech, Global | Tagged banking, embedded finance, payroll, research, saas
Uppsala Security, a provider of tools and services for crypto AML/CTF, transaction risk management, regulatory compliance, transaction tracking, and cybersecurity, is pleased to announce the rebranding of its flagship platform, Sentinel Protocol, to ChainBounty. Since its launch in 2018, Sentinel Protocol has reportedly been “at… Read More
Read more in: Blockchain & Digital Assets, Asia, Regtech & Legaltech | Tagged aml, Crypto Transactions, regtech, uppsala security
THORChain, an open-source protocol that enables the swap and settlement of cross-chain native crypto assets, and ShapeShift DAO, are pleased to showcase the recent launch of rFOX and Rune Pool as supporters of Rare Evo. ShapeShift DAO was reportedly the first major decentralized exchange (DEX)… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged crypto-assets, open source, shapeshift, thorchain
Metallicus, the developer of The Digital Banking Network, a blockchain-based payments network built to meet regulatory standards globally, is pleased to announce the launch of its flagship consumer app, Metal Pay, in Australia. This expansion marks a significant milestone in Metallicus’ mission “to support the… Read More
Read more in: Blockchain & Digital Assets, Fintech, Global | Tagged australia, blockchain, digital banking, metal pay, metallicus
Perhaps the most anti-crypto official in the Biden Adminstration may emerge as the US Secretary of Treasury if Vice President Kamala Harris is elected President. This is according to multiple reports that SEC Chairman Gary Gensler is being considered for the powerful position. BREAKING:… Read More
Read more in: Politics, Legal & Regulation | Tagged gary gensler, kamala harris, sec
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Perhaps it was a head fake? Recently, it was reported that the Democrat Party was attempting to repair the bridges destroyed by the Biden Administration regarding digital asset innovation and the entrepreneurs in this industry. President Joe Biden has been determinably anti-crypto, thus driving this sector… Read More
Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion, Politics, Legal & Regulation | Tagged democrat, democrat platform, donald trump, elections, kamala harris, perspective, taxes
GAMEE, the “high-engagement” Web3 and mobile gaming platform and subsidiary of Animoca Brands, announced it has received an investment from TON Ventures, the first venture fund of The Open Network (TON). Managed by a DAO with a mandate to invest in projects built on TON,… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged animoca brands, gamee, ton ventures, Web3
Italian Banca Sella now provides Bitcoin (BTC) trading. Established back in 1886, Banca Sella is one of the most well-known banking institutions in Italy. Its mobile banking platform, known as Hype, now also includes a Bitcoin trading service as it operates with more than 1.2… Read More
Read more in: Blockchain & Digital Assets, Global | Tagged banking, bitcoin, btc, italy
Gate Ventures, part of Gate.io, and the Blockchain Center in Abu Dhabi have announced a collaboration on a $100 million fund to support early-stage blockchain firms. The new fund, Falcon Gate Ventures, is on a mission to drive blockchain innovation on a global scale. Abdulla… Read More
Read more in: Blockchain & Digital Assets, Asia | Tagged abu dhabi, Falcon Gate Ventures, gate venturs, gate.io, mena, uae
Platonic has announced the launch of a decentralized tokenization platform. According to a company statement, Platonic offers the “tokenization of a wide range of assets.” Violet Abtahi, founder and CEO of Platonic, said their vision is to provide a fresh take on tokenization and disrupt… Read More
Read more in: Blockchain & Digital Assets | Tagged platonic, tokenization
CoinShares Head of Research James Butterfill has shared some insight into institutional holdings of crypto ETFs – Bitcoin based funds. Butterfill has reviewed all of the all the Bitcoin ETF filing data and looked at prior filings in March to see how positions have changed…. Read More
Read more in: Blockchain & Digital Assets | Tagged bitcoin, coinshares, etfs, ethereum
Legendary investor Carl Icahn has been charged by the Securities and Exchange Commission (SEC) with failure to disclose the use of company’s securities being pledged for personal loans. The SEC states that the outstanding principal amounts of the individual loans ranged from $150 million to… Read More
Read more in: Politics, Legal & Regulation | Tagged carl icahn, enforcement, Icahn Enterprises, sec
Standing as the number one business priority for Nu in 2024, Mexico has proven to be a savvy choice in the company’s international expansion strategy: one year after the launch of Cuenta, the company has already surpassed 8 million customers in the country and $3.3… Read More
Read more in: Fintech, Global | Tagged digital banking, latin america, mexico, nubank
Minnadeooyasan-Hanbai (MOH Nippon) (LSE: MOH)has joined the London Stock Exchange (LSE) via a reverse merger. According to a note from the company, Minnadeooyasan-Hanbai is the first Japanese firm to trade on the main market of the LSE in over 20 years. The company has changed… Read More
Read more in: Investment Platforms and Marketplaces, Asia, Global, Real Estate | Tagged Bowen Fintech, japan, london stock exchange, lse, moh nippon, spac, uk, united kingdom
SCB 10X, the technology investment arm of SCBX Group, has announced their participation in the series A funding round for Ema, a San Francisco-based generative AI company creating Universal AI Employees of the future. The $36M Series A extension investment round, “co-led by Accel and… Read More
Read more in: Global, Artificial Intelligence | Tagged ema, funding round, generative ai, scb 10x, scbx group
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