Avalanche blockchain now accessible to 4.5M users across Wirex payment ecosystem
Users can spend AVAX, in addition to 61 crypto and traditional currencies on Wirex once linked up to a crypto-enabled debit card. Go to Source Powered by WPeMatico
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Rakuten launches NFT marketplace to capitalize on growing adoption in Japan
The explosion of NFT popularity in 2021 is continuing apace in the new year. Go to Source Powered by WPeMatico
Congo Based Startup Jambo Raises $7.5 Million in Seed Funding Round
A Congo-based Web3 app developer, Jambo, recently said it raised $7.5 million in a seed funding round. According to a report, the startup’s successful seed round is the latest by an Africa-based firm that is working towards developing Web3. Startup’s Partnership With Social Media Companies Jambo, the Congo-based developer of a Web3 app, has raised … Read more
Future of finance: US banks partner with crypto custodians
Traditional financial institutions must work hand-in-hand with crypto custodians, sub-custodians and service providers moving forward. Go to Source Powered by WPeMatico
Report: Blockchain and Crypto VC Investments Grew Almost Tenfold During 2021 in Latam
A new report issued by LAVCA, the Association for Private Capital Investment in Latin America, has found that the venture capital (VC) investment in the region has grown immensely compared to the previous year’s numbers. In general, the region registered investments of more than $15 billion, more than three times the amount registered in 2020. … Read more
Flutterwave Raises $250 Million in Series D Funding Round, Startup Now Valued at Over $3 Billion
Fintech startup Flutterwave announced recently that it has raised $250 million from its Series D funding round. The funding round, which attracted international investors, saw the startup’s value rise to over $3 billion. Capital Raised to Fund Flutterwave’s Expansion Plans The Nigerian fintech startup Flutterwave recently announced it raised $250 million in a Series D … Read more
Arab Federation of Capital Markets Partners With UAE to Launch Blockchain Innovation Challenge
United Arab Emirates (UAE)’s Ministry of Economy has joined hands with the Arab Federation of Capital Markets (AFCM) to kickstart a challenge that encourages fintechs to create a know-your-customer (KYC) verification system based on blockchain technology. Trustworthiness of Data on the Blockchain The AFCM has, in conjunction with the UAE’s Ministry of Economy, launched a … Read more
Warren Buffett invests $1B in Bitcoin-friendly neobank, dumps Visa and Mastercard stocks
The “Oracle of Omaha” now has more companies in his portfolio that have direct/indirect exposure to Bitcoin and similar cryptocurrencies. Go to Source Powered by WPeMatico
Innovation and experimentation: Spain’s blockchain sector in 2021
Development of the Spanish blockchain and cryptocurrency industries continued apace in 2021. Go to Source Powered by WPeMatico
Zimbabwe’s Central Bank Exploring CBDC, Reiterates Opposition to Cryptocurrencies
Zimbabwe’s central bank, which has expressed its opposition to cryptocurrencies in the past, announced yesterday it is presently exploring the feasibility of rolling out its own central bank digital currency (CBDC). The bank also said its regulatory sandbox continues to garner interest. CBDC Roadmap The Zimbabwean central bank, the Reserve Bank of Zimbabwe (RBZ), has … Read more