Fnality, a UK-based blockchain-powered wholesale payments firm, has raised £77.7 million in its second funding round, supported by major financial institutions such as Goldman Sachs, BNP Paribas, and others. The funding round comes as Fnality awaits regulatory approval from the Bank of England to commence its operations. Goldman Sachs and BNP Paribas Lead Funding Round […]
Tag: STO
2024 Outlook: Transformative Trends in Financial Firms
As we embark on 2024, financial firms are confronted with the imperative to invest in technology and associated controls. This commitment holds true even in the face of performance challenges and margin pressures. The risk of falling short on client expectations and internal efficiency goals looms large for those hesitant to embrace strategic technological advancements. […]
Top 10 Crypto YouTube Channels to Get Informed
There are many reasons to learn about the top 10 crypto YouTube channels. These platforms provide valuable insight into the market’s past, present, and future. You can find in-depth write-ups and technical analyses to improve your ROIs alongside educational content to strengthen your understanding of blockchain. Whatever way you slice it, the best crypto YouTube […]
Stablecoins: A balancing act of trust in the crypto domain.
In the ever-evolving realm of cryptocurrency, stability is often perceived as an illusion, and trust becomes a pivotal yet delicate element. Stablecoins, designed to maintain value parity with traditional fiat currencies, emerge as a unique trust exercise in the volatile landscape of digital assets. However, recent events, including the experiences of Luna, Celsius, and FTX, […]
Celsius Network Obtains US Bankruptcy Court Approval for Restructuring
Celsius Network has secured the approval of the US bankruptcy court to restructure its business. In the plan, the company has promised to return crypto assets to customers and outlined a new vision for moving forward. This marks an important phase for the crypto lender, which filed for bankruptcy protection last year. According to a […]
Justin Sun’s Poloniex Loses over $100M in Hot Wallet Hack
Cryptocurrency exchange Poloniex has fallen victim to a massive hot wallet hack, resulting in an estimated loss of a staggering $114 million. The exploit, flagged by blockchain security firms PeckShield and Cyvers, has prompted Poloniex to disable its wallet for maintenance. At around 10:55 UTC on November 10, 2023, blockchain security firms PeckShield and Cyvers […]
Top 10 Fiat Onramps You Need to Know
There are multiple reasons why a trader would want to be aware of the top 10 fiat onramps today. These systems are often the first way in which people enter the market as they are the primary method used to convert traditional currency into digital assets directly. As such, every crypto user should have knowledge […]
PayPal Gains FCA Crypto Approval as BoE Pushes Stablecoin Regulation
At the end of October, PayPal gained official approval from the Financial Conduct Authority (FCA) in the UK, to offer certain crypto services. At first glance, this looks like a positive development if you happen to think crypto adoption is a positive thing. However, on looking at the details of the FCA’s position, it becomes […]
Supply Chain Disruption: A Tokenized Approach
In an era of relentless global disruptions, the call for resilient supply chains echoes louder than ever. This exploration delves into the transformative potential of blockchain on the supply chain network. We navigate the landscape of disruptions and propose nuanced tokenization strategies, fostering a holistic approach to optimizing and navigating complex supply chain operations. Understanding […]
SEC chair hints at FTX comeback, while Memeinator presales enter stage 6
SEC has suggested FTX revival if it follows the rules. Memeinator has caught the attention of investors with its meme promise. Memeinator will deliver a 132% ROI in its presale. The controversial FTX exchange, which collapsed in late 2022, could be on its way to resurgence. SEC Chair Gary Gensler hinted at a possible reboot […]
