News - page 223

Fintech & Ecommerce

Mexico and Peru to Develop Real-Time Payments

Currently, in Latin American countries, a significant part of non-bank households does not demonstrate either the desire or any readiness to switch to real-time payment in their actions related to handling finances, but experts believe that in the near future in some parts of this region, the corresponding service will be scaled.

Blockchain & Crypto

Ethscriptions Launch as Alternative to Bitcoin Ordinals

Ethscriptions are an innovation analogous to Bitcoin-derived Ordinal inscriptions but leveraging the power of the Ethereum blockchain

Fintech & Ecommerce

Plaid Launches Tool for Cash Flow Underwriting

Plaid has introduced a new solution called Plaid Link, which will facilitate consumers’ access to real-time data on the movement of money.

Blockchain & Crypto

BIS and Bank of England Complete CBDC Project

The pilot project of using the central bank’s digital currency (CBDC), in which the Bank of England (BoE) and the Bank for International Settlements (BIS) participated, has been completed.

Society & Lifestyle

Reddit CEO Lashes Out on Protests

Reddit CEO Steve Huffman continues to defend the idea of expediency and justification of changes in the Application Programming Interface (API) access policy amid protests against this decision.

Blockchain & Crypto

Binance Exits Netherlands

Binance Holdings announced that it had decided to leave the Netherlands after unsuccessful attempts to pass the registration procedure with the financial authorities of this country.

Fintech & Ecommerce

Alibaba to Bring Tmall eCommerce Site to Europe

Michael Evans, president of Alibaba Group, announced the intention of the Chinese e-commerce giant to launch its Tmall website in Europe.

Fintech & Ecommerce

Backbase Acquires Digital Wealth Platform Nucoro

Backbase, a global provider of banking software, has acquired London-based firm Nucoro.

Fintech & Ecommerce

Blackbird.AI Raises $20 Million to Fight Market Manipulation

Blackbird.AI, a company specializing in the analysis of narratives and risks with the help of artificial intelligence, announced that it managed to raise investment funds in the amount of $20 million following the results of the Series B funding round.

Blockchain & Crypto

Colombia’s Central Bank Chooses Ripple for CBDC Pilot

The pilot project will show whether Ripple’s new end-to-end CBDC platform could help boost Colombia’s high-value payment system

Blockchain & Crypto

BlackRock Applies for Spot Bitcoin ETF

The largest investment company globally is eyeing the first crypto spot ETF in the United States

Blockchain & Crypto

New York Bans CoinEx Crypto Exchange

Local regulator banned Hong Kong-based CoinEx from operating in New York and seized over $1.7 million worth of the crypto exchange’s funds

Finance & Economics

Gaming Startup Wargraphs Sells for $54 Million

Wargraphs, a startup that consists of one person and is developing a popular companion app for League of Legends called Porofessor, was sold for $54 million.

Finance & Economics

TikTok to Invest Billions of Dollars in Southeast Asia

TikTok, an application for short videos, which is part of the ownership structure of the Chinese company ByteDance, on Thursday, June 15, announced its intention to invest billions of dollars in Southeast Asia over the next few years.

Society & Lifestyle

Twitter Faces $250 Million Lawsuit by Major Music Publishers

A coalition of music publishers, which includes Universal Music Corp., BMG, Warner Chapell, and Sony Music Publishing, is suing Twitter over claims against the social network over copyright violations.

Science & Technology

Siemens to Invest €2 Billion to Boost High-Tech Plants

Siemens AG will direct investments in the amount of €2 billion to expand high-tech production.