News - page 176

Blockchain & Crypto

Kraken Agrees to Shut Crypto-Staking to Settle SEC Charges

U.S. SEC targets crypto exchange Kraken over crypto-staking services.

Blockchain & Crypto

Maker DAO Votes to Integrate Chainlink to Help Maintain DAI Stability

MakerDAO integrates blockchain data provider Chainlink’s Automation for price updates, liquidity balancing, and maintaining the stability of Maker’s DAI stablecoin.

Fintech & Ecommerce

Identity Decisioning Fintech Alloy Launches in UK

US fintech Alloy has announced the launch of activities in the British financial services market as part of a project to expand its presence in the EMEA region.

All materials

Mastercard and Network International Unveil Fraud Prevention Tech

Mastercard and digital commerce company Network International have jointly developed a technology using artificial intelligence (AI) to combat fraud in financial transactions in the Middle East and Africa.

Fintech & Ecommerce

Lunar Raises €35 Million

Danish neobank Lunar announced the raising of financing in the amount of 35 million euros.

Fintech & Ecommerce

Ex-Nyse CIO Launches Finance App

Fierce, a financial app founded by former Nyse CIO Rob Cornish, was launched with $10 million in seed funding.

Fintech & Ecommerce

Standard Chartered and Allinpay Enables Instant Cross-Border Payments in Hong Kong

Standard Chartered Bank and Singapore-based Allinpay have made PayNow’s instant cross-border payments feature available to merchants and businesses in Hong Kong.

Blockchain & Crypto

MakerDAO to Launch First Native Liquidity Market Focused on DAI Stablecoin

Proposed ‘Spark Protocol’ will leverage MakerDAO’s DAI stablecoin and its crypto assets for liquidity.

Blockchain & Crypto

Flux Finance Launches Lending Token Collateralized by U.S. Treasury Debt

Flux Finance invests in U.S. government debt-backed yield farming.

Blockchain & Crypto

Umami Finance CEO Dumps Tokens, Triggers 50% Price Drop

Several members of the Umami team have resigned as a result of O’Donnel dumping his UMAMI holdings.

Finance & Economics

Jupiter Offloads Starling Stake

Jupiter Asset Management sold its stake in digital lender Starling Bank.

All materials

Wales Issues Tender for National Mobility App

Transport for Wales (TfW) announced a tender for the development of a national Mobility-as-a-Service (MaaS) mobile application.

Finance & Economics

Bank of London Scores $40 Million Series C Extension

Bank of London, a global startup in the field of clearing and transactional banking services, has raised $40 million as part of a Series C funding expansion.

Finance & Economics

Nine Banks Invest $45 Million in Carbon Credit Transaction Network

The banking group, consisting of nine large financial institutions, has directed investments of $45 million to the development of Carbonplace, a global network of transactions on carbon credits based on DLT, founded by them.

Fintech & Ecommerce

US Treasury Launches Cloud Services Steering Committee

The US Treasury created a steering committee that will deal with the legal and administrative regulation of the functioning of cloud services.

Blockchain & Crypto

Revolut Launches Ethereum and Cardano Staking

Revolut will support staking a selection of tokens, with yields as high as 11.65%.