90 / 110 Relevant items tagged with #Finance

Posts

Num Finance Raises $1.5M, Will Expand Stablecoins in Latin America, Middle East

[May 23, 2023 10:12 AM] Decentralized finance protocol Num Finance will offer stablecoins in Brazilian real, Colombian peso, Mexican peso and Bahrain dinar within the next month and develop tokenized money market funds.

Multicoin Leads $2.3M FastLane VC Deal, Continuing Its Bet on MEV Infrastructure

[May 23, 2023 8:00 AM] The crypto-focused investment firm has now backed three projects centered around maximal extractable value (MEV), a way for validators to earn extra money from traders.

Crypto Wallet Provider Ledger Delays Key-Recovery Service After Uproar

[May 23, 2023 8:00 AM] After criticism from the crypto community, the firm pledged to open-source the Ledger Recover code before releasing the controversial update.

LabDAO Raises $3.6M to Decentralize Drug Discovery

[May 23, 2023 7:30 AM] The project also launched its new PLEX client that eases the burden of resource-intensive computations for scientific data.

EU Spokesperson: Russian Banks Will Not Be Reconnected to SWIFT Anytime Soon

[May 23, 2023 5:30 AM] The European Union (EU) has no intention of allowing Russian banks to be reconnected to the Society for Worldwide Interbank Financial Telecommunications (SWIFT) banking system anytime soon. Peter Stano, spokesperson for external affairs of the EU…

Crossover Markets Teams With Credit Network Hidden Road to Enable Crypto Trading

[May 23, 2023 1:00 AM] The aim of the collaboration is to avoid conflicts of interest by decoupling trade execution from custody and brokerage.

Crypto Exchange OKX Targets France as Regional Hub With Plan to Hire 100 People

[May 23, 2023 12:00 AM] OKX has applied for a Digital Asset Service Provider license to join dozens of companies that have already won approval.

FTX CEO's Legal Billings Continue to Hint at '2.0 Reboot'

[May 22, 2023 11:02 PM] John Ray III billed just over 6.5 hours in his last cycle reviewing and working on what appears to be FTX 2.0 materials

Dash Blockchain Halts, Binance Pool Suspends Mining Rewards

[May 22, 2023 11:36 AM] The oldest privacy coin halted after a failed hard fork, the blockchain reportedly split in two

Seeking Grants Deal with Osmosis, Privacy Blockchain Namada Proposes Airdrop

[May 22, 2023 10:30 AM] Ahead of its mainnet launch Namada’s builders are trying to ink an array of tech and token partnerships.

Bitcoin Pizza Day Turns Sour as Meme Coin Shysters Profit Over $200K in Rug Pulls

[May 22, 2023 9:24 AM] The 13th anniversary of the first bitcoin transaction has taken a nefarious turn with meme coin issuers profiting over $200,000 from pizza-related rug pulls.

Web3 App Development Platform Sort Raises $3.5M to Further Product Growth

[May 22, 2023 9:00 AM] Sort allows developers to incorporate smart contracts into apps

EOS Network Participants Should Consider Legal Action Against Block.one: EOS Foundation CEO

[May 22, 2023 6:25 AM] EOS Network Foundation's founder said the other option is a hard fork to exclude EOS tokens held by B1.

SWIFT Data Shows Despite De-Dollarization Push, US Dollar Is Still the King of International Settlements

[May 22, 2023 5:30 AM] The share of the U.S. dollar usage for international payments has risen to 42.71% in April, despite the push of some countries towards de-dollarization. The dollar remains the most used currency in international settlements, with the euro taking…

Crypto Trading Platform Hotbit Terminates CEX Operations

[May 22, 2023 4:49 AM] Hotbit users have until 04:00 UTC on June 21 to withdraw their assets from the platform.

Russia ‘Actively’ Working on SWIFT Alternatives, Foreign Ministry Official Says

[May 22, 2023 3:30 AM] The Russian Federation is collaborating with partners to link payment systems alternative to the interbank messaging system SWIFT, a representative of the country’s Ministry of Foreign Affairs announced. The work is part of the de-dollarization of…

DEX Mangrove Launches on Polygon Testnet, Plans to Go Live on Mainnet in June

[May 22, 2023 1:00 AM] Wintermute and Cumberland-backed Mangrove plans a mainnet launch of its programmable order book DEX in early June.

Gemini Says Genesis Parent DCG Missed $630 Million Payment

[May 21, 2023 11:44 PM] Gemini says it is working with Genesis, DCG, and creditors to provide forbearance to DCG in order to avoid a default.

Vega Token Rallies Ahead of Protocol Possibly Going Live Monday

[May 19, 2023 11:01 AM] The platform is awaiting an expected approval from the community, says Vega’s co-founder.

Ripple Appoints Market Research Firm Nielsen's CFO Jenson to Board

[May 19, 2023 10:00 AM] Jenson has held leadership positions at Amazon, Delta Airlines, NBC, Electronic Arts, and Nielsen.

Banks Not Getting Anticipated Benefits From Rate Hikes, ECB Executive Admits

[May 19, 2023 5:30 AM] Eurozone banks are profitable but the benefits from higher interest rates may be smaller than expected, according to the deputy head of the single currency area’s monetary authority. The official noted that while most of the tightening has been…

Digital Asset Firm HashKey Group Looks to Raise up to $200M at $1B Valuation: Bloomberg

[May 19, 2023 3:16 AM] The firm is looking to capitalize on Hong Kong's re-emergence as a potential crypto hub as the city has looked to formulate a clear regulatory structure for digital assets.

Digital Ruble Law Likely to Be Passed in June According to Russian Official

[May 18, 2023 11:30 PM] The digital ruble law project, which was already discussed and approved in its first reading, could be passed in June, according to Anatoly Aksakov, chairman of the Duma’s Financial Markets Committee. The Bank of Russia is currently waiting for the…

Coinbase Officially Opens Subscription Service; Expands Reach Outside U.S.

[May 18, 2023 12:53 PM] The new service is expanding access to the U.K., Germany and Ireland.

Climate Finance Firm Solid World Opens Forward Carbon Liquidity Pools With Polygon

[May 18, 2023 10:02 AM] The pool will enable the purchase of mangrove-based carbon credits.

Hector Network Fight Centers on Efficacy of DAO Governance

[May 18, 2023 9:36 AM]

Expect Ripple Deal to Set Off Crypto Custodian M&A, Says Advisory Firm

[May 18, 2023 9:25 AM] Ripple purchased custodian Metaco for $250 million, and regulatory and market conditions could lead to further deals, says Architect Partners

ZK Startup Lagrange Labs Raises $4M to Build Secure DeFi Interoperability

[May 18, 2023 8:00 AM] The raise was led by investment firm 1kx and included contributions from Maven11, Lattice Fund, CMT Digital, Daedalus Angels.

Borderless Capital Leads Wormhole-Powered $50M Cross-Chain Fund

[May 18, 2023 6:00 AM] Among the other investors are Jump Crypto, Arrington Capital, the Solana Foundation and Aptos Labs.

Ledger Continues to Defend Recovery System, Says It's Always 'Technically' Possible to Extract Users' Keys

[May 18, 2023 5:44 AM] "Technically speaking it is and always has been possible to write firmware that facilitates key extraction. You have always trusted Ledger not to deploy such firmware whether you knew it or not," Ledger said on Twitter.