Powered by WPeMatico
Category: Financial Technology
Auto Added by WPeMatico
On Monday, crypto proponent Udi Wertheimer shared a story on Twitter explaining how he and the Taproot Wizards helped an artist who created the original 2013 bitcoin wizard meme raise nearly $150,000 in bitcoin. While the minting and sale were successful, Wertheimer explained that bitcoin maximalists and the r/bitcoin moderator Bashco disliked it. Artist Who […]
Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125
In 2023, the leading crypto assets, such as bitcoin and ethereum, have captured decent gains. Bitcoin has increased 17.2% over the last 30 days, and ethereum has risen 9.3% in the same timeframe. However, year-to-date statistics show that bitcoin is down 38.3%, and ethereum has lost 39.3% against the U.S. dollar. The following presents a […]
Powered by WPeMatico
Former FTX Executive Accused of Fueling a Charity Through Discounted FTT Purchase
A former executive of FTX allegedly earned profits for a charity by purchasing discounted FTX tokens, FTT, before they became available to the public at $0.05 per unit, according to a report citing anonymous sources. Ruairi Donnelly, the former chief of staff at FTX, has been accused of donating the tokens to Polaris Ventures, a […]
Powered by WPeMatico
Report: Paypal Puts Stablecoin Plans on Hold as US Regulators Crack Down on Crypto Industry
During the first week of 2023, payment service giant Paypal said it was exploring the launch of a stablecoin. At the time, an executive at Paypal stated that if the company moved forward, it would work closely with financial regulators. However, on Feb. 10, a source noted that Paypal has put the concept on hold […]
Powered by WPeMatico
5,000 miles apart: Thailand and Hungary to jointly explore blockchain tech
The pact between the two nations’ financial technology associations will see cooperation on technology, including blockchain, to power their respective financial industries.
Powered by WPeMatico
Japanese Fintech Firm Kyash Raises $41 Million, Jack Dorsey’s Block Participates in Funding
A Tokyo-based financial technology company called Kyash has raised $41.2 million in a Series D funding round which saw participation from the Block (formerly known as Square). The investment into the Japanese mobile financial app firm is the Block’s first investment in the Asia Pacific region, according to the announcement. Fintech Firm Kyash Gets a […]
Powered by WPeMatico
Blockchain Industry to Surpass $67 Billion by 2027: Fintech Report Names 2021’s Most Influential Blockchain Companies
Financial technology (fintech) has exploded during the last two years and cryptocurrency and blockchain firms have bolstered the billion-dollar industry. A recently published study by Utility Bidder indicates that the industry is predicted to surpass $382 billion by 2027. Moreover, fintech firms that are blockchain-specific are projected to be worth over $67.4 billion by 2027. […]
Powered by WPeMatico
IOTA teams up with Austrian uni for Internet of Things and blockchain research lab
The IOTA Foundation is teaming up with one of Austria’s most prestigious universities to foster research in distributed ledger technologies.
Powered by WPeMatico
Shenzhen’s stock exchange is preparing to launch Blockchain-powered trades
Yam Suffers Technical Outage Following Scam Accusations
Yam Finance uncovered a bug the day after ShapeShift CEO Erik Voorhees called the project a scam.
Powered by WPeMatico