News - page 291

Blockchain & Crypto

Crypto.com Signs Agreement to Curb Carbon Emissions

To neutralize its direct carbon emissions, Crypto.com has purchased technological carbon dioxide removal from Climeworks. The cryptocurrency exchange aims to advance the case for sustainability of digital finance.

Fintech & Ecommerce

Binance Launches Institutional Trading Platform

Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.

Science & Technology

Merchants Will Spend $28B on Financial Crime Prevention Software in 2027: Report

Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027

Finance & Economics

Microsoft to Expand ChatGPT Access

Microsoft will expand access to ChatGPT amid rumors of OpenAI investments.

Blockchain & Crypto

Thai SEC Introduces Crypto Custody Requirements

The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies

Finance & Economics

Coinflex Founders to Raise $25M for New Claims Trading Exchange

3AC and the founders of the Coinflex cryptocurrency exchange intend to raise $ 25 million for the new exchange.

Finance & Economics

Bank of Japan Toughens Monetary Policy

The Bank of Japan tightened its monetary policy, although it characterized its actions differently.

Blockchain & Crypto

Japanese Regulators Want Crypto Treated Like Banks

Japanese regulators want to change attitude toward cryptocurrencies.

News

Payments Platform Sprinque Raises €6 Million

The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.

Blockchain & Crypto

EU Postpones MiCA Crypto Regulation Vote to April

EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions

Elon Musk

Looming Twitter Interest Payment Threatens Elon Musk With Problems

The impending interest payment on Twitter is a serious problem for Elon Musk.

Blockchain & Crypto

Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project

Founders of the now-bankrupt Three Arrows Capital (3AC) are pitching a collaboration to cryptocurrency exchange CoinFLEX.

Fintech & Ecommerce

Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions

Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion

Blockchain & Crypto

Seoul Government Opens City’s First Metaverse Project

According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.

Altcoin

Tether’s Settlement Volume Flips Visa and Mastercard

According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.

Blockchain & Crypto

North Korean Hacker Group Moves $63.5 Million in ETH

Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.