Fintech news
In this section you can find a good selection of Fintech News from different sources that may help you to develop your business.
I have selected for you latest financial technology news, fintech news, fin tech news, retail banking news, wholesale banking news, blogs opinion and financial analysis; so that you can be always updated about what is happening today in the Fintech world.
Fintech news
In this section you can find a good selection of Fintech News from different sources that may help you to develop your business.I have selected for you latest financial technology news, fintech news, fin tech news, retail banking news, wholesale banking news, blogs opinion and financial analysis; so that you can be always updated about what is happening today in the Fintech world.
- What is the network effect?by Cointelegraph By Alice Ivey on February 19, 2023
Crypto’s value increases with more users, creating a positive feedback loop due to the network effect.
- Bitcoin’s bullish price action continues to bolster rallies in FIL, OKB, VET and RPLby Cointelegraph By Rakesh Upadhyay on February 19, 2023
BTC’s shallow correction near the $25,000 level could lead to dip buying in FIL, OKB, VET and RPL.
- Zambia tests technology for crypto regulation, says minister Mutatiby Cointelegraph By Ana Paula Pereira on February 19, 2023
The Bank of Zambia and the country's SEC are collaborating on digital infrastructure and a policy framework for crypto.
- What is a crypto launchpad, and how does it work?by Cointelegraph By Marcel Deer on February 19, 2023
Crypto launchpads allow new crypto projects to raise funds while giving investors first access to tokens. Here’s how they work.
- Helium Network sets migration to Solana for Marchby Cointelegraph By Ana Paula Pereira on February 19, 2023
A 24-hour transition period will take place on March 27, in which the Helium blockchain will be halted. Proof-of-Coverage and data transfer activities will remain unaffected.
- Bitcoin continues to 'mirror' 2017 as weekend sees third attack on $25Kby Cointelegraph By William Suberg on February 19, 2023
A fresh burst higher into the weekly close for BTC price comes in tandem with suspicions over the motives of large-volume Bitcoin exchange traders.
- 5 ways to monetize your digital art with NFTsby Cointelegraph By Guneet Kaur on February 19, 2023
Monetizing digital art with NFTs provides proof of ownership, increased value and potential for royalties.
- ‘Privacy has become a taboo,’ says crypto-anarchist project DarkFiby Cointelegraph By Ana Paula Pereira on February 19, 2023
A group of pseudonymous developers from DarkFi spoke with Cointelegraph about how crypto is evolving amid privacy challenges, bad actors and government oversight.
- San Francisco federal bank eyes CBDC system development, reveals job postingby Cointelegraph By Arijit Sarkar on February 19, 2023
Within 24 hours of the job posting, 45 applicants have shown interest in joining the federal government to build an in-house CBDC.
- Yuga Labs accused of IP theft for trademarking BAYC wolf skull logoby Cointelegraph By Arijit Sarkar on February 19, 2023
NFTs were introduced to the world to help solve the illegal use of intellectual property and protect artists — the very thing Yuga Labs has been accused of doing.
- Russia’s Yandex Search Engine Adds Cryptocurrencies to Its Converterby Lubomir Tassev on February 20, 2023
Yandex, the largest Russian search engine, has updated its currency converter, adding cryptocurrencies. The widget now shows the rates of these coins in a number of fiat currencies, with plans to introduce crypto-to-crypto pairs in the future as well. Yandex Integrates Leading Cryptocurrencies Into Its Currency Converter Users of Russia’s leading search engine, Yandex, can
- Chinese Tech Giants Tencent and Bytedance Plan Cuts in Their Metaverse Divisionsby Sergio Goschenko on February 20, 2023
According to reports, Tencent and Bytedance, two Chinese tech giants, are planning to execute a significant number of job cuts in their metaverse divisions. Tencent recognized it is making some staff adjustments, amidst rumors of hundreds of layoffs in its extended reality division, while Bytedance is also planning to cut staff in Pico, its metaverse
- Bank of Russia to Start Testing Digital Ruble With Real Users on April 1by Lubomir Tassev on February 20, 2023
The Central Bank of Russia plans to launch test operations with digital ruble transactions between real customers at the beginning of April. More than a dozen banks will join the upcoming stage of the pilot project, a high-ranking representative of the bank announced to Russian media. Russia’s Monetary Authority to Trial Actual Settlements With Digital
- Southeast Asia’s Largest Bank DBS Sees 80% Increase in Bitcoin Trading Volume on Its Crypto Exchangeby Kevin Helms on February 20, 2023
The largest bank in Southeast Asia, DBS, has revealed that bitcoin trading volume on its cryptocurrency exchange jumped 80% in 2022 while ether trading volume surged 65%. “We believe that the market has decisively shifted its focus towards trust and stability, especially in the wake of multiple scandals that have rocked the industry,” a DBS
- Binance US Refutes Reports Comparing It to Fraudulent Crypto Exchangesby Kevin Helms on February 20, 2023
Binance US has refuted reports that draw parallels between it and “fraudulent exchanges that have gone bankrupt.” The U.S.-based crypto trading platform stressed that “only Binance.US employees” have access to its bank accounts, denying the allegation that global crypto exchange Binance has “secret access.” Clarifications by Binance US Binance US, a U.S.-based cryptocurrency trading platform
- Nearly 3 Billion BUSD Stablecoins Have Been Removed From the Market in 6 Daysby Jamie Redman on February 19, 2023
Six days ago, a few hours before the blockchain infrastructure platform Paxos announced it would no longer mint BUSD stablecoins, $2.86 billion worth of BUSD were redeemed. Currently, Binance is the most active exchange trading BUSD tokens, and the stablecoin still commands roughly 10.7% of the crypto economy’s $67.71 billion in global trade volume over
- Democrats to Return 2.2% of $45.2 Million Donation Made by FTX’s Co-Founder Sam Bankman-Friedby Jamie Redman on February 19, 2023
After the disgraced co-founder of FTX, Sam Bankman-Fried (SBF), donated $5.2 million to Joe Biden’s campaign in 2020 and more than $40 million to Democrats leading up to the U.S. midterm election cycle, three major Democratic organizations plan to return 2.2% of the funds, or $1 million, to the now-defunct crypto exchange. Of the total
- FTX Warns Community of Phony ‘Debt Tokens’ and Scams Claiming to Be Affiliated With the Bankrupt Exchangeby Jamie Redman on February 19, 2023
On Friday, debtors who control the official FTX Twitter account warned the community to “be on alert for scams from entities claiming to be affiliated with FTX.” They also noted that neither FTX debtors nor any entity related to the company has issued any IOU crypto assets or “debt tokens.” The alert comes as a
- Bitcoin Continues to Record Blocks Above the 3.75 MB Range as Ordinal Inscriptions Near 150,000by Jamie Redman on February 19, 2023
As Ordinal inscriptions approach the 150,000 mark, blocks larger than 3 MB have become commonplace, with many blocks near the 4 MB range. Meanwhile, after the average transaction fee on-chain rose 122% higher at the beginning of February 2023, the average fee has remained the same over the last few weeks and is currently coasting
- Metaverse, AI, and Liquid Staking Tokens Lead Year-to-Date Crypto Asset Gains Among Top 125by Jamie Redman on February 19, 2023
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
- Asia’s Best Managed Companies 2023 – cast your vote!by FinanceAsia Editors on February 14, 2023
Participate in our poll to win three months of free access to FinanceAsia content.
- Finance Asia – Achievement Awards 2022: Asia’s best finance houses revealedby FinanceAsia on December 15, 2022
Read on to find out the winners of our House Awards - Asia.
- Finance Asia – Achievement Awards 2022: Asia’s best regional deals revealedby FinanceAsia on December 15, 2022
Read on to find out the winners of our Regional Deal Awards – Asia Pacific.
- Finance Asia – Achievement Awards 2022: Asia’s best deals revealedby FinanceAsia on December 15, 2022
Read on to find out the winners of our Deal Awards - Asia.
- Temasek-backed venture debt fund tokenises on ADDXby Ella Arwyn Jones on December 13, 2022
The fund offers exposure to Southeast Asia-headquartered start-ups via the digital exchange, with commitments starting from $20,000.
- How RGE embraced SLLs to build a cleaner, greener worldby RGE on December 12, 2022
Singapore-based conglomerate RGE has won two awards at the Corporate Treasurer Awards 2022 for leveraging Sustainability Linked Loans (SLLs) to crystalise the group’s ESG-related targets.
- How structural growth and stable funding anchor Indian and Indonesian financiers' resilienceby Fitch Ratings on November 29, 2022
India’s domestically-driven economy and Indonesia’s commodity-led exports should provide some resilience despite a more challenging operating environment characterised by higher global inflation, rising interest rates and liquidity tightening. Elaine Koh, senior director for Asia-Pacific non-bank financial institutions at Fitch Ratings discusses the prospects for India and Indonesia’s finance and leasing sector in the current economic environment.
- Capital Group appoints fixed income headby Ella Arwyn Jones on November 15, 2022
Scott Steele takes on a newly created role serving Asian and European clients, from London.
- Indonesia’s start-up scene: The land of plentyby Liza Tan on November 1, 2022
Indonesia is the largest economy in Southeast Asia and home to tech success stories like GoTo and Bukalapak, but thanks to the market’s size and scale, we are only at the very beginning of its start-up story.
- JP Morgan appoints Southeast Asian ECM leaderby Ella Arwyn Jones on October 25, 2022
Sophie Qian will relocate from New York to Singapore later this year.
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