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Ripple Partners With Onafriq to Enable Faster Cross Border Payments to Africa
14.11.2023
Ripple and the Africa-focused payment fintech startup Onafriq recently said they are collaborating to enable crypto-based cross-border payments between Africa and the Gulf Cooperation Council (GCC), the U.K., and Australia. Using Ripple’s platform helps Onafriq achieve its goal of making...
Tokenized Cash Fintech Fnality Raises $95M Led by Goldman and BNP Paribas
14.11.2023
DTCC, Euroclear, Nomura and WisdomTree also participated in the Series B funding round
Cboe Digital to Launch Bitcoin and Ether Margin Futures in 2024; Aims to Bolster Liquidity
13.11.2023
Cboe Digital has announced plans to offer margin futures trading for bitcoin (BTC) and ethereum (ETH) starting January 11, 2024. The initiative, which features a platform integrating spot and futures trading, has garnered backing from a slew of fintech and crypto firms. Cboe says the service...
FTX Bankruptcy Team Sues Crypto Exchange Bybit for $1 Billion – What’s Going On?
12.11.2023
Source: Adobe / Ascannio FTX’s bankruptcy advisers have filed a lawsuit against crypto exchange Bybit Fintech and its two affiliated companies. The lawsuit aims to recover approximately $953 million worth of cash and digital assets that were withdrawn from Sam Bankman-Fried‘s...
SEC Chair Indicates FTX Revival, FTT Rallies
9.11.2023
U.S. Securities and Exchange Commission Chair Gary Gensler indicated a potential reboot of FTX during DC Fintech Week on Wednesday, prompting FTX’s digital token, FTT, to rally. Gensler’s comments were made when referring to the bid for FTX by former president of the New York Stock Exchange...
SEC’s Gensler hints he’s open to a FTX reboot under proper leadership: Report
9.11.2023
“If Tom or anybody else wanted to be in this field, I would say, ‘Do it within the law,’” SEC Chair Gary Gensler iterated
Ripple Collaborates to Power Payments Corridors Between Africa and Rest of the World
8.11.2023
Source: Adobe Crypto payments giant Ripple has partnered with fintech Onafriq for cross-border payments between Africa and the rest of the world. The deal would facilitate crypto-enabled cross-border payments between 27 African countries and markets including the UK, Australia, and the Gulf....
Cathie Wood’s Ark Invest Continues to Sell Grayscale Bitcoin Trust Holdings, Buys Block’s Shares
7.11.2023
  Ark Invest, led by Cathie Wood, has adjusted its portfolio by buying shares in Jack Dorsey’s Block Inc and selling portions of its Grayscale Bitcoin Trust holdings. Ark’s purchase, involving its flagship ARK Innovation ETF, ARK Next Generation Internet ETF, and Ark Fintech...
XRP Price Pumps 16%, Eyes Test of Yearly Highs Near $1.0 as Crypto Community Discusses Potential 99.9% Victory for Ripple Versus SEC
6.11.2023
The US Security and Exchange Commission (SEC)’s losing streak in its ongoing lawsuit versus US fintech company and the creator of the XRP cryptocurrency Ripple Labs continued last week. That’s according to a tweet by Ripple Labs’ Chief Legal Officer Stuart Alderoty, who said last...
Jack Dorsey’s Block Reports Strong Q3 Earnings; Profits from Bitcoin Holdings Surge
3.11.2023
Block, the Bitcoin-focused fintech company led by Jack Dorsey, reported robust financial results for the third quarter of 2023, surpassing analyst expectations and marking a profitable period. The firm recorded $5.62 billion in revenue for Q3 2023, a notable achievement driven by strong growth...
Individual creators will ultimately shape the metaverse: Sandbox founders
3.11.2023
As the firm moves to open up The Sandbox Map, co-founder Sebastian Borget said he believes individual creators and brands will ultimately drive what the metaverse of the future will offer
TradFi gets crypto boost: Renegade joins Cointelegraph Accelerator
2.11.2023
Cointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program
Tokenized Future: Hong Kong’s Regulatory Shifts Towards Digital Assets
2.11.2023
Hong Kong is mapping out clear guidelines for tokenization and digital assets. The city aims to achieve a mix of innovation and consumer protection for both the developers and the users. This initiative, as part of a broader push, is steered towards placing Hong Kong at the center of fintech...
JPEX scandal won’t hurt Hong Kong crypto vision: Financial Secretary
2.11.2023
Christopher Hui took the stage at Fintech Week and outlined a list of regulatory moves Hong Kong authorities are looking to implement following the JPEX scandal
XRP Price Prediction as XRP Jumps 7% and Whale Moves $17 Million in Assets – What’s Going On?
31.10.2023
XRP (XRP), the cryptocurrency that powers the XRP Ledger launched by US fintech firm Ripple Labs back in 2011, has jumped nearly 8% in the past seven days, with more than 3.5% of these gains coming in the last 24 hours after XRP hit $0.60 for the first time since mid-August on Tuesday. XRP...
Nigerian Fintech Startup Vella Finance Drops Crypto-Related Services
31.10.2023
The Nigerian fintech Vella Finance recently informed users and subscribers that it would stop offering crypto related services starting on Oct. 30. According to co-founder Tolu Adedayo, offering crypto and banking services at the same time is not feasible, hence the decision to drop the former....
Kraken Appoints Fintech Entrepreneur Bivu Das as New UK Managing Director
27.10.2023
Kraken appoints Bivu Das, an ex-Starling Bank executive, as a UK corporate representative to drive business expansion in the strengthening UK regulatory environment. On October 27, the prominent cryptocurrency exchange Kraken announced that Bivu Das, a fintech entrepreneur and former Starling Bank...
Fintech, DeFi, GameFi, and more: Web3 startups kick off Cointelegraph Accelerator second cohort
27.10.2023
Sixteen startups selected from over 1000 applications will present their projects to a global audience
USDC Issuer Circle Collaborates with Taiwanese Firms to Bring Loyalty Points to Crypto Services
26.10.2023
Global fintech firm Circle, which issues dollar-pegged USDC stablecoin, will soon offer loyalty points to stablecoin conversion service in Taiwan. Circle has collaborated with two Taiwanese firms – crypto exchange BitoGroup and convenience store chain Taiwan FamilyMart – to launch...
China Aiming for International Digital Yuan Expansion – e-CNY Going Global?
26.10.2023
There are clear signs China wants to take the digital yuan, its CBDC, into the global arena – with CIPS and BRI integrations in the pipelines. Per Alpha Factory (via EastMoney), fintech firms such as MOG Digitech Holdings are making headway in the CBDC sector, and are eyeing global uses...