The governor of the Zimbabwean central bank, John Mangudya, recently said his organization “has developed a roadmap for adoption of CBDC [central bank digital currency] in Zimbabwe.” Mangudya also rev...
Tag: Fintech
After WazirX, Valud is Under ED’s Radar – Decoding The Complete Truth – Coinpedia – Fintech & Cryptocurreny News Media
The Singapore-based crypto-exchange company – Valud has come under the radar of the Enforcement Directorate of India (ED), the anti-money laundering agency of the country. ED in a press release state...
Here’s How Bitcoin, Ethereum, Solana and Sand Price Will Perform In Coming Week – Coinpedia – Fintech & Cryptocurreny News Media
As the markets close off the week on a high note, analyst Justin Bennett is giving his opinion on a number of leading crypto assets. Bennett identified $24,200 as a pivotal “make-or-break” milestone f...
What’s Happening in the Market Ahead of Ethereum Merger? Are Traders and Whales Accumulating ETH? – Coinpedia – Fintech & Cryptocurreny News Media
Many of the leading cryptocurrencies experienced double-digit weekly percentage gains despite the ongoing cryptocurrency bear market. In anticipation of the Ethereum merger, top coins increased. After...
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt – Fintech Bitcoin News
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC...
Sam Bankman-Fried & Justin Sun to Buy Majority of Huobi Global Exchange? – Coinpedia – Fintech & Cryptocurreny News Media
Leon Li, the founder of Huobi Global, is in talks with investors for selling his majority stakes in the crypto-exchange with a valuation of more than $3 billion, as reported by Bloomberg. It is estima...
Blackrock Scores Again: Bitcoin Private Trust Launched For Institutional Investors – Coinpedia – Fintech & Cryptocurreny News Media
BlackRock seems to be doing great, and constantly hitting the nail on the head with its planned moves and impeccable timing. Most recently, BlackRock has rolled out the Bitcoin Private Trust to grant...
This Brazilian Fintech Is Bringing Crypto Trading To 30 million People
Crypto services are spreading worldwide. Most of the growth in this regard has been mostly in the West, but more countries and companies are beginning to follow suit. The latest of this is a Brazilian...
DeFi-focused trading app Structure launches in El Salvador, plans further expansion
A new trading app from Structure.fi is landing in El Salvador as it hopes to expand access to crypto and traditional investing to people worldwide. Structure.Fi aims to remove barriers to investing, S...
Binance and WazirX CEOs Agree To Mitigate Conflict, Investors Experience Relief – Coinpedia – Fintech & Cryptocurreny News Media
Last week, the Enforcement Directorate (ED) commenced an investigation on one of the directors of Zanmai Labs Pvt Ltd and froze Rs. 64.47 Crore worth of bank assets belonging to the company. The situa...
Rivian, Illumina, Toast, and More Stock Market Movers Friday
Text size Rivian, the maker of electric trucks, maintained its production estimates for the full year. Courtesy Rivian Stock futures rose Friday amid more signs that inflation in the U.S. has been coo...
Checkout.com eyes new crypto payments products despite bear market
Checkout.com, the payments outfit that was valued at $40 billion in January, is exploring the launch of two new crypto products — doubling down on the sector even as it languishes in a bear market. Th...
‘Forget the past three years’
Eugene Zhang, founding partner of Silicon Valley VC firm TSVC Spencer Greene, general partner of TSVC Courtesy: TSVC Eugene Zhang, a veteran Silicon Valley investor, recalls the exact moment the marke...
Fintech Giant Reportedly Applied in 2019 – Fintech Bitcoin News
The Nigerian fintech unicorn, Flutterwave, reportedly said it submitted an application for a payment service provider license to the Central Bank of Kenya back in 2019. The fintech also said it has re...
Will Ripple Buy Assets From Bankrupt Crypto Lender – Celsius Network? Know The Truth – Coinpedia – Fintech & Cryptocurreny News Media
A representative for San Francisco-based cryptocurrency company Ripple Labs said on Wednesday that the company might be the ‘potential buyer of the assets of bankrupt cryptocurrency lender Celsius Net...
Moroccan Capital Markets Regulator Launches Fintech Portal – Regulation Bitcoin News
The Moroccan Capital Market Authority (AMMC), the capital markets regulatory body in Morocco, announced recently that it has launched a fintech portal on its website. The new portal has been created i...
German fintech Nuri files for insolvency amid market downturn
German fintech firm Nuri, formerly known as Bitwala, filed for insolvency at a Berlin court on Tuesday. The company filed for insolvency to “stay ahead of a lasting strain on the liquidity of [the] ...
Here Is Why Ethereum Price Will See A Downfall Soon – Coinpedia – Fintech & Cryptocurreny News Media
A well-known analyst at CryptoQuant reveals that, judging by the total number of long positions held by ETHUSD on the Bitfinex crypto exchange, the current Ethereum price will turn out to be a bearish...
Hackers have stolen $1.4 billion this year using crypto bridges
Mining the Worlds Second-most-valuable Cryptocurrency at Evobits I.T SRL An engineer inspects Sapphire Technology Ltd. AMD graphics processing units (GPU) at the Evobits crypto farm in Cluj-Napoca, Ro...
Fintech Firm DTC Awarded License by MAS to Offer Crypto Payments for Merchants – crypto.news
Singapore’s financial regulator MAS has approved Digital Treasures Center’s (DTC) proposal to provide cryptocurrency payment services to merchants around the country. Digital Treasure Center Gets the ...
Ripple vs SEC: One-Liner Reply by the SEC Amuses the Defense Lawyer – Coinpedia – Fintech & Cryptocurreny News Media
The Securities and Exchange Commission has replied to a request from Ripple and individual defendants to serve subpoenas to two non-parties in order to verify seven videos of public statements made by...
Apple Card growth, vendors blamed for mishaps in Goldman card business
Apple CEO Tim Cook introduces Apple Card during a launch event at Apple headquarters on Monday, March 25, 2019, in Cupertino, California. Noah Berger | AFP | Getty Images When it was unveiled in 2019,...
Blockchain in Fintech Sector Expected to Hit $31.4B by 2030
Blockchain in the fintech market is anticipated to reach $31.4 billion by 2030, given that the penetration of this cutting-edge technology in the financial industry has boosted app-based operations. T...
Here’s Why It’s a Crucial Week For Crypto Market, What Bitcoin (BTC) Traders Can Expect? – Coinpedia – Fintech & Cryptocurreny News Media
Bitcoin bulls are trying hard to set their foot above the $24,000, although on the other hand financial analyst Justin Bennett said that this week’s release of inflation data will be the biggest test ...
Coinbase Deal with BlackRock Could Lead To An Explosion In The Bitcoin Price, Claims Analyst – Coinpedia – Fintech & Cryptocurreny News Media
Popular crypto Analyst, anonymously known as InvestAnswers, took to his Youtube Channel to break down the possibility of a Bitcoin explosion to $773,000 with the recent partnership between Coinbase an...
After Crypto Market Crash, Bitcoin Holders Are Focusing on US Stock Market – Coinpedia – Fintech & Cryptocurreny News Media
With the ongoing “crypto winter”, digital investors are skeptical about the market and have gone back to focusing on the mood of the US stock market to ascertain if the worst might be over. The stock...
Where is Tether Holding Their Money? Here is the Answer! – Coinpedia – Fintech & Cryptocurreny News Media
After the Terra collapse, traders and investors worldwide are concerned about the security of their money in stablecoin products like Tether, which suffered significantly with millions of outflows. Bl...
Binance Has “Control” Over WazirX , Says Nischal Shetty – Coinpedia – Fintech & Cryptocurreny News Media
Nischal Shetty founder of WazirX said that Binance – the world’s largest crypto exchange – owns stakes in his company. This came after the chief executive of Binance, Changpeng Zhao said that the comp...
How Solana is bridging the gap between web3 and the physical world
Episode 72 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro and Solana Labs Co-Founder and COO, Raj Gokal. Listen below, and subscribe to The Scoop on Apple, Spotif...
Bitcoin pulls down Block, Inc. net revenues by 6%
Block Inc. reported a 6% decrease in its second-quarter 2022 net revenues compared with last year, driven by a decline in bitcoin revenues. The company’s total net revenue in the second quarter...