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Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN Profit for Q4, Binance Finds 500 ‘Incorrectly Classed’ Aussie Users
24.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: US Fed Denies Custodia Bank’s Membership Request, Dapper Labs Lays Off 20% of Staff, Block Reports $1.66BN...
Swiss Crypto Company Taurus Raises $65 Million From Credit Suisse, Other Banks
16.2.2023
Digital asset infrastructure provider Taurus has secured millions of U.S. dollars in investment from major banking institutions. The successful funding round comes in the aftermath of negative developments in the crypto space, indicating that large players from traditional finance remain engaged...
Digital Asset Provider Raises $65M in Series B Led by Credit Suisse
14.2.2023
The company said the funds will be used to expand Taurus' new offices in Europe, the UAE, and later in the Americas and Southeast Asia
Digital Asset Infrastructure Provider Taurus Raises $65M From Credit Suisse, Deutsche Bank
14.2.2023
The Swiss firm plans to use the funds to make new hires and expand into across Europe and the UAE
NFT Marketplace Magic Eden Partners With MoonPay to Offer Credit Card Payments
14.2.2023
MoonPay has a similar partnership in place with NFT marketplace LooksRare
Original Metroid Prime Dev Calls Remaster Credit Snub ‘Shameful’
13.2.2023
Metroid Prime Remastered has been out for less than a week, and players are praising how well the Nintendo Switch version holds up to the original. There’s a major difference, though: The developers who worked on Metroid Prime for the GameCube have had their names left off the credits screen....
Bit2Me and Mastercard launch debit card with crypto cashback
10.2.2023
The new debit card builds on technology already in place in the existing Bit2Me crypto card, but this time, card holders are eligible for up to 9% crypto cashback
Moonpay and Looksrare Partner to Bring Convenient NFT Purchasing to the Masses
10.2.2023
On Thursday, the fiat-to-crypto onramp business Moonpay announced a multi-year partnership with the non-fungible token (NFT) marketplace Looksrare. According to the deal, Looksrare will allow marketplace users to buy and sell crypto assets through Moonpay’s services. Moonpay and Looksrare...
DeFi securitization of real-world assets poses credit risks, opportunities: S&P
8.2.2023
Decentralized finance protocols could attract institutional interest if they get securitization right, according to S&P Global Ratings
Binance and Mastercard Launch Crypto Prepaid Card in Brazil as Part of Latam Expansion
1.2.2023
Leading crypto exchange Binance and credit card giant Mastercard have partnered to launch a prepaid crypto-linked card in Brazil as part of Binance’s expansion plans in Latam. The Binance card features 8% cashback for eligible purchases and supports on-the-fly conversion of...
Credit cards can bridge Web2 to Web3, says music industry exec
30.1.2023
As decentralized finance continues to become more mainstream, traditional financial tools can serve as a bridge from Web2 to Web3 for those who still remain skeptical
Stablecoins and CBDCs might play 'meaningful role' in payments — Visa CEO
25.1.2023
Visa began working on a blockchain interoperability project in Sept. 2021 to support CBDC and stablecoin adoption but few updates have been made since
Forspoken Fails To Credit Localizers, Quality Assurance Testers
24.1.2023
Forspoken, the newest action-adventure romp from developer Luminous Productions, caught flack online after failing to fully list its localization and quality assurance teams.Read more
Coinbase cut costs and bolstered rep, but profits remain challenged: Analysts
23.1.2023
Analysts from Moody’s and JPMorgan hailed the exchange for its strong reputation but said it wouldn't be enough to solve its profitability woes
Kenyan Fintech Kwara Raises $3 Million in Seed Extension
22.1.2023
A Kenyan fintech that digitizes credit unions, Kwara, is reported to have raised $3 million via a seed extension round that was backed by DOB Equity, Globivest, and Willard Ahdritz. The latest round brings to $7 million the amount of capital that the fintech has now raised via this funding round....
Binance's SWIFT banking partner set to ban USD transfers below $100K
22.1.2023
Binance stressed that credit and debit card payments will continue to be accepted and that non-USD bank transfers would still be processed through the SWIFT payment system
C+Charge Crypto is Transforming EV Charging With Carbon Credit Rewards, $341K Raised – Buy in Presale Now
20.1.2023
The electric vehicle revolution is going into overdrive, with major automakers committing to electrifying their entire vehicle lineups over the coming years. From sedans to SUVs, minivans to pickup trucks and sports cars, the shift towards electric vehicles is now evident.
With advancements...
Fish Play Pokémon Scarlet And Violet, Accidentally Commit Credit Card Fraud
20.1.2023
A YouTuber created an alternative Nintendo Switch controller for their pet fish, which allows them to play video games on livestream. That fish managed to spend real money on some digital purchases while trying to beat a gym leader in Pokémon Scarlet and Violet (h/t: GamesRadar). And all of this...
Brazil’s Second-Largest Private Bank Launches First Tokenized Credit Note
16.1.2023
Bradesco carried out the operation as part of a regulatory sandbox promoted by the South American country's central bank
Bradesco, One of Brazil’s Largest Banks, Launches Tokenized Credit Notes in Blockchain Pilot
16.1.2023
Bradesco, one of the largest banks in Brazil and the third biggest in all of Latam, has entered the cryptocurrency world by issuing its first tokenized credit notes. The operation, carried out in partnership with Bolsa OTC, tokenized almost $2 million in bank credit notes, which were also...