ECB Accelerates Blockchain Efforts
The European Central Bank (ECB) is expanding its efforts to enable banks and financial institutions to use blockchain-based systems for transactions with central bank money.
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Blockaid Raises $50 Million
Blockaid raised $50 million in a Series B funding round.
DeFi Platform MANTRA Secures VASP License in UAE
MANTRA Finance can now legally function as a Virtual Asset Exchange and offer Broker-Dealer, Management, and Investment Services in the UAE.
Web3 Exec Says Current Chain Abstraction Methods Fragment Crypto
Industry executives and competing companies continue to try to grapple with abstracting away from the complexities of blockchain for the end user.
Apollo Starts Tokenized Private Credit Fund
Private equity company Apollo Global Management, in partnership with Securitize, has launched a tokenized private credit fund.
Enel Group and Algorand Partner on Innovative Blockchain Solar Panel Tokenization
From now on, individuals can acquire digital tokens to own a share of Enel Group’s solar farms, benefiting from solar energy production without installing panels on their own property.
Fintech Market Breakthroughs 2024: A Year in Review
2024 was a challenging year for many fintech companies but it also brought a lot of encouraging results for the industry. Today, we’ll talk about the most notable fintech innovations of this year that are ushering in new opportunities for customers and businesses alike.
Australian Fintech Faces Contraction, Blockchain Hit Hardest
Despite global interest in cryptocurrency, Australia has seen the closure of several blockchain and crypto startups, amid the overall decline of fintech innovation in the country.
Is Web 3.0 Already Impacting Payments?
Everyone talks about Web 3.0 and how the next evolution of the internet gives users control over their data and assets. It may seem that the third iteration of the world wide web is already in full swing. Is it, though? Let’s take a closer look at the payments industry to discover any traces of […]
Goldman Sachs to Spin Out Digital Asset Platform
Goldman Sachs plans to spin out its digital asset platform in a move aligned with its strategy to scale back direct involvement in retail cryptocurrencies and support blockchain-based ventures.
Coinbase Wallet to Roll Out Tap-to-Pay Crypto Solution
Coinbase Wallet Tap-to-Pay is expected to provide a crypto-friendly alternative to Cash App, Venmo, PayPal and other fast payment firms.
Jack Dorsey’s Block to Focus More on Bitcoin Mining
Block (former Square), led by Jack Dorsey, is ramping up investments to expand its reach in small business services and bitcoin mining tools.
How Cross-Border Payment Inefficiencies Hinder Business Growth
Companies that export goods and services across borders are statistically outperforming companies that limit their business operations to domestic territories. However, cross-border payments are still not handled in the most effective way. Therefore, businesses dealing with international trade often suffer from payment inefficiencies. To what extent are they able to hinder business growth?
Uniswap Launches Layer 2 Blockchain
Uniswap’s new layer-2 blockchain is called Unichain and is part of the Optimism Superchain, a network of interoperable layer-2 scaling solutions.
Crypto Betting Platforms: The New Trend Among Sports Enthusiasts
It is quite interesting to see how certain industries advance, and when it comes to the online sports betting industry, I think they are leading the pack. Why? Well, just take a look at the online sports betting industry a decade ago. There were quite a few legit betting websites that were limited to only […]
Sony Develops Its Own Blockchain
Soneium blockchain by Sony will be potentially able to interact with Web3 games, NFT marketplaces, and entertainment-related services in compatible apps.
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