Finance and Business News

African cross-border payments company, Chipper Cash, has completed its Series C extension funding round. The round saw the company raise $150 million and attain a market valuation of over $2 billion. This comes on the heels of its initial Series C funding where the company raised $100 million in a funding round led by SVB. […]

$98 Million Investment The MXC Foundation has taken the IoT world by the horns with a lucrative investment, ensuring their data network becomes the largest free LPWAN data network on the planet. The MXProtocol, which is the critical mechanism aiming to ease the complexities of IoT devices to be connected to the network in order […]

Bank of America has included 23 additional stocks to its equities crypto research list that might experience growth in market value from exposure to cryptocurrencies. The new list includes firms ranging from social media corporations to payment providers, depicting the increasing reach of digital assets. The new firms are MasterCard, Hewlett-Packard Enterprise, Infosys, Oracle, Tesla, […]

Ghana may have just started working on making its upcoming central bank digital currency (CBDC), to possess offline capabilities. This is definitely in order to ensure an even wider use for the digital currency across all of the Ghanaian society. During the Ghana Economic Forum on Monday October 18, head of fintech and innovation at […]

In response to Gary Gensler, SEC’s chair’s Friday announcement, the dollar value of the open interest of the Chicago Mercantile Exchange (CME) Group experienced a significant boost. According to insights obtained from Bybt, the dollar value of open interest (OI) was $3.64 billion by the end of Friday. Compared to the earlier in the month, […]

Russian President Vladimir Putin has said that U.S. dollar-denominated settlements are fast decreasing and countries are scaling down their dollar reserves. The president made these claims in an interview with CNBC this week, following the Russian Energy Forum that took place in Moscow on Wednesday. Putin in his remarks, was largely critical of Washington’s international […]

Australia and New Zealand Banking Group (ANZ) has settled with an Aussie bitcoiner simply identified as Allan Flynn. The settlement is coming about 3 years later after the complainant was debanked just because of his kind of occupation — a Digital Currency Exchange (DCE). Meanwhile, Flynn who is a Canberra resident had first reached out […]

Crypto enthusiasts have been thrown into a frenzy ever since SEC tweeted and now they’re anticipating that the regulator could approve one bitcoin futures ETF at the very least, as early as next week. The Investor Education office of the U.S. Securities and Exchange Commission (SEC) caused a serious stir among bitcoin fans after posting […]

Giant payments firm, Stripe, has indicated that it’s building a new crypto team from tweets made by its representative on Tuesday. The payments processor was among the first to support Bitcoin remittances in 2015 before quitting the support three years later. From the company’s statements then, rising operating costs were one of the significant deterring […]

Swiss based financial institution SEBA Bank has launched a program via which, its customers will start earning interests on their crypto savings. In an announcement made by SEBA Bank earlier today, the institution says investors could now use its Ether (ETH) and Bitcoin (BTC) lending services to generate interests as part of its SEBA Earn […]

According to an integration announcement made by Bitpay on Tuesday, merchants of Wix, the Israeli software company, can now accept 12 different cryptocurrencies. In the announcement, Atlanta-based crypto payments company, Bitpay said that Wix has now enabled its Software as a service (SaaS) e-commerce product to support crypto-asset payments. So now, wix merchants can be […]

London-based financial services platform, BVNK, has launched its digital asset platform. By so doing, it intends to eliminate the hurdles that keep fast-growth financial services providers and businesses from maximizing the benefits of cryptocurrencies. The platform aims to set new global standards for digital asset financial services from its European headquarters. The new business model […]

The central bank of Georgia is ready to take its own digital currency project a step further than most. While the monetary authority is getting set to launch its CBDC as early as next year, it also plans to use the blockchain-based version of the national fiat, the Georgian lari, in retails. Georgia to Introduce […]

Dapper Labs Partners With Chainalysis Dapper Labs, one of the foremost companies in the NFT industry, has partnered with blockchain intelligence company, Chainalysis, to improve its security in the NFT business. The NFT-based firm will be using the insights of Chainalysis to have a clearer understanding of each and every one of its users’ transactions. […]

The Mexican Stock Exchange is considering listing Crypto Futures on its derivatives exchange, according to its CEO. The CEO, Jose-Oriol Bosch, revealed this during an official YouTube interview published on Monday by the exchange. Referring to the 90s, Bosch said, “I understand that financial authorities want to be careful and prevent us from having a […]

Indian-based cryptocurrency staking aggregator, Stader Labs, has completed a $4 million financing round. The round was led by Pantera Capitals and featured angel investors including Coinbase Ventures, True Ventures, Hypershare, TerraForm Labs, and the Solana Foundation. Currently, the firm is beta-testing a staking platform that only supports the staking of Terra’s native token, LUNA. With […]

Some US bureaucrats are suggesting the minting of a Trillion-Dollar platinum coin in order to magically boost the treasury with cash. This comes in an effort to help the situation, as U.S continue facing a serious debt crisis and the debt ceiling putting the country on the brink of default. But while many questions are […]

A leading trading platform, Robinhood, has announced its launch of 24/7 customer service support for users of the platform. Users of the app will now enjoy access to a live customer service representative round-the-clock. The company believes the 24/7 customer service support line will improve the platform’s reliability and accessibility. It would also position the […]