September 18, 2023 @ 7:05 pm By JD Alois  |  

Emerging from stealth mode, Bastion says it has raised $25 million in seed funding. The company was founded by Andreessen Horowitz (a16z) alums and, of course, a16z Crypto led the funding round that also received the backing of Autograph, Laser Digital Ventures, Not Boring Capital,… Read More

September 18, 2023 @ 6:18 pm By Omar Faridi  |  

Movement Labs announced that it has raised $3.4 million in pre-seed funding from a group of industry participants, which will enable Movement Labs to grow the adoption and development of Move, a smart contract development language “with embedded safeguards protecting against attack vectors like reentrancy… Read More

September 18, 2023 @ 12:11 pm By JD Alois  |  

Tether CTO Paolo Ardoino says they are currently testing Bitcoin mining. Revealed in a Tweet, the Bitcoin Mining Platform Moria, is said to “facilitate seamless communication among components within the BTC mining ecosystem, enabling interactions through efficient, secure, and resilient methods that are resistant to… Read More

September 18, 2023 @ 12:00 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is announcing the launch of the Coinbase Prime Web3 Wallet. As a digital asset management service provider, Coinbase developed institutional capabilities for their clients. They claim to have always kept security and utility top of mind, and today marks another step in that… Read More

September 18, 2023 @ 11:52 am By Omar Faridi  |  

The unstable financial markets in the United States during the past few years have people keeping a wary eye on their retirement accounts and, increasingly, they are doing so via mobile apps, the team at J.D. Power notes. According to the J.D. Power 2023 U.S…. Read More

September 18, 2023 @ 11:37 am By Omar Faridi  |  

HighRadius, the provider of Autonomous Finance Software for Order to Cash, Treasury, and Record to Report, launched FreedaGPT – Generative AI for the Office of the CFO. FreedaGPT is the next generation of Freeda – HighRadius’ AI-enabled digital assistant “for Order to Cash, Treasury, and… Read More

September 18, 2023 @ 11:25 am By Omar Faridi  |  

Republic, the operator of the largest investment crowdfunding platforms in the world, has made investing in new opportunities more seamless and accessible. Republic, which gives you power to invest in the future you believe in by taking positions in startups, real estate, crypto and video… Read More

September 18, 2023 @ 11:14 am By Omar Faridi  |  

Darewise Entertainment, a subsidiary of Animoca Brands and the force behind the Life Beyond Gaming Metaverse, announced an engagement with Horizen Labs for technical token, development, and consulting services. Horizen Labs, which previously “provided smart contracting and token strategy advice relating to the launch of… Read More

September 18, 2023 @ 11:12 am By Michael Wong  |  

Institutional investors are increasingly valuing the significance of digital assets in their diversified investment portfolios, according to new research from London-based regulated digital assets hedge fund Nickel Digital Asset Management. The research highlights a growing consensus on the incorporation of digital assets to ensure diversification…. Read More

September 18, 2023 @ 11:06 am By Omar Faridi  |  

Finli, a digital back office platform for small businesses, announced its integration with Q2’s Digital Banking Platform, via the Q2 Partner Accelerator Program. Q2 Holdings, Inc. (NYSE: QTWO) is a provider of digital transformation solutions for banking and lending. This integration means “that Finli’s platform… Read More

September 18, 2023 @ 9:35 am By Omar Faridi  |  

Trade Ledger announces it will launch a new solution integrating Microsoft Azure OpenAI Service designed exclusively for Business Owners, CFOs and Financial Directors in small and medium-sized businesses (SMBs). SMBs often don’t have the resources or in-house expertise “to access and understand information to optimize… Read More

September 18, 2023 @ 9:29 am By JD Alois  |  

Grayscale says it has abandoned the rights to Ethereum Proof of Work (ETHPoW) tokens as it simply does not make sense. Ethereum migrated away from Proof of Work to Proof of Stake in a major transition for the second most popular crypto token. Ethereum Merge… Read More

September 18, 2023 @ 8:45 am By Omar Faridi  |  

The scams deluge that flourished during the COVID-19 pandemic and proliferates yet today has heightened the public’s fraud anxiety. Rampant fraud is also “reshaping individuals’ expectations about organizations’ obligations to protect them – and the compromises they are willing to make to enhance security” –… Read More

September 18, 2023 @ 8:40 am By JD Alois  |  

Mark Cuban, a noted entrepreneur and shark, had his crypto wallet hacked, according to multiple reports.  Cuban is said to have lost around $870,000 in value when the crooks pilfered his funds. Apparently, the damage could have been worse, but Cuban prevented a greater loss… Read More

September 18, 2023 @ 8:32 am By Omar Faridi  |  

Justt, a firm focused on smart chargeback automation, announced it has joined Forter‘s Partner Program to help automate and streamline chargeback management at scale within a single platform. Chargebacks are a growing and costly challenge “for merchants with friendly fraud and service chargebacks increasing exponentially… Read More

September 18, 2023 @ 8:22 am By Tony Zerucha  |  

FV Bank, the U.S. licensed global digital bank that offers a vertically integrated suite of traditional and digital asset banking and custody services, this week appointed Jennifer Yaris Rodríguez as its senior trust officer. The move is effective immediately. As senior trust officer, Rodriguez will… Read More

September 18, 2023 @ 8:17 am By Omar Faridi  |  

Citi Securities Services announced that it has become the first digital custodian participant of BondbloX Bond Exchange (BBX), the fractional bond exchange using the latest in distributed ledger technology. BBX was launched in 2020 to simplify bond investing by “allowing investors to track and trade… Read More

September 18, 2023 @ 7:34 am By Omar Faridi  |  

Boston Consulting Group (BCG), a management consulting firm, announced a new partnership with Doconomy, a provider in climate technology, aimed at supporting financial institutions in the development of their sustainability agendas. Doconomy has developed “an ecosystem of financial tools to enable users to make environmentally… Read More

September 18, 2023 @ 7:22 am By Omar Faridi  |  

RAM Holdings Berhad, the holding company of the largest credit rating agency in Malaysia and Southeast Asia, has entered into a partnership with MVGX Tech and Carbon Rating Malaysia Sdn Bhd (CRM) to strengthen RAM’s ESG rating capabilities. MVGX is a carbon Software-as-a-Service (SaaS) company and… Read More

September 17, 2023 @ 11:49 pm By Omar Faridi  |  

Trade Republic expands its offering: from now on, customers can invest in 500 liquid government and corporate bonds on a daily basis to secure high interest rates over the long term. Christian Hecker, co-founder of Trade Republic, said: “Especially in the current environment, bonds are… Read More