News - page 243

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.

News

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%.

Blockchain & Crypto

6 of the biggest trends in cryptocurrency 2023

Cryptocurrency is a rapidly evolving phenomenon that has taken the world by storm. With the rise of Bitcoin and other cryptocurrencies, the world has seen a transformation in the way people view and use money. As we move into 2023, it’s clear that the cryptocurrency trend is not slowing down and is continuing to shape […]

Finance & Economics

Dubai Releases Crypto Regulations for Virtual Asset Services Providers

Dubai mandates licensing for crypto services providers with new regulatory requirements by the VARA.

Fintech & Ecommerce

Partech Raises $262M to Invest in African Tech Companies

The venture capital company Partech has closed its second African fund worth $262 million.

Fintech & Ecommerce

Nepal Introduces in Stores NFC Mobile Payments

Residents of Nepal got the opportunity to make contactless NFC payments by connecting a smartphone to a special reader at a point of sale (POS) without the need for an Internet connection.

Blockchain & Crypto

Ramp Launches Platform for Transferring Digital Assets into Fiat Currency

Crypto infrastructure startup Ramp has launched a platform for transferring digital assets back to fiat currency after receiving permission from regulatory authorities for relevant activities.

Finance & Economics

BNPL Firm Openpay Falls Into Receivership

The Australian operator BNPL Openpay declared bankruptcy a few days after reports of a record quarterly profit.

Finance & Economics

Bank for International Settlements to Step Up Work on Monitoring of Stablecoins

The Bank for International Settlements has published a plan for the development of its network of innovation hubs for 2023, which, among other things, provides for active monitoring of stablecoins on an ongoing basis.