Industry news — Page: 5

Plaid co-founder William Hockey has unveiled his new startup, a Column — an infrastructure bank designed exclusively to assist developers in creating financial products.

As part of Tencent's A/B testing, its e-CNY Wallet allows users to make purchases via QR codes on WeChat using digital currency. The program will allow users to transfer funds, receive payments, and access credit card functions.

Payaut, an automated payment provider for online platforms and marketplaces, has raised €8 million as part of a seed round led by Google's AI-focused venture fund. LocalGlobal and Entrée Capital joined Gradient Ventures in the round for Dutch outfit Payaut.

If you're into cryptocurrencies, a new payment card with Mastercard support has just debuted, allowing you to spend the value of your crypto without really selling it. According to Reuters, the card was produced through a collaboration between Mastercard and Nexo, a digital financial lending firm.

CertiK, a blockchain security company, announced on Thursday that it had raised $88 million in a new funding round, which confirms reports published last week.

Mastercard, the global payments company, has filed 15 new trademark applications linked to crypto, fintech, and metaverse-related technology.

The government of the United Kingdom has announced intentions to create a non-fungible token (NFT) to demonstrate its commitment to a "forward-thinking approach" to cryptocurrency technology and investment.

As part of its efforts to increase the use of Bitcoin as a means of exchange, Kraken has implemented the Lightning Network to allow clients to settle Bitcoin transactions instantly.

In order to introduce Web3 to more than 380 million users around the world, Opera, one of the leading crypto-friendly internet browsers, is integrating eight blockchains.

Deutsche Börse announced today that it is acquiring 100% of Luxembourg-based fund data manager Kenip, expanding its investment management service offerings.

A decentralized and unsecured lending market powered by the DeFi protocol called Teller Finance has been launched in Singapore to assist Singaporean consumers in obtaining funds for various expenses.

Under pressure from Western sanctions, Russia is considering alternative currencies for natural resource transactions.

Sberbank, Russia's largest lender, has been given a licence by the central bank to issue digital assets. The move follows the US sanctions that caused the institution's value to plummet earlier in the month.

Hex Trust, a Hong Kong-based crypto custodian, stated on Tuesday that it has raised tens of millions of dollars of fresh capital to expand its operations into the Middle East and Europe.

Without a problematic clause limiting the use of proof-of-work, the proposed MiCA framework was approved. The European Union's (EU) precedent-setting legal framework for crypto assets has cleared another hurdle on the road to adoption.

Binance, a leading cryptocurrency exchange, signed a Memorandum of Understanding (MoU) with Sim;paul Investimentos, a Brazilian securities brokerage company.

One of the largest cryptocurrency exchange platforms, Coinbase, has begun recruiting customers for Coinbase One, a subscription service that does not charge fees for trading cryptocurrencies.

A clause requiring proof-of-work cryptocurrencies such as Bitcoin to transition to the more environmentally friendly proof-of-stake consensus process is included in a draft of MiCA that will be voted on by parliament on Monday.

According to CoinGecko statistics, a wide surge in the digital asset market, powered by Bitcoin exceeding $45K, has pushed the overall market valuation for crypto beyond $2 trillion. Bitcoin has increased by over 14% in the previous week, while Ether has increased by 12%.

Adshares, a decentralized network that connects Publishers and Advertisers through blockchain, will allow advertisers to create interactive 3D ads for placement in metaverses.

Everdome, the new metaverse, revealed that its DOME coin would be available for trading on Gate.io, one of the world's most popular crypto trading platforms.

Shift4, a supplier of payment technology, announced Tuesday the acquisition of cryptocurrency donation platform The Giving Block.

South Korea's Ministry of Science and ICT announced that the country would invest approximately $186.7 million, or 223.7 billion Korean won, to develop its metaverse ecosystem.

The story will be about the theft of 119,756 (BTC), which was one of the biggest financial crimes of 2016. The documentary will be directed by American filmmaker Chris Smith with Nick Bilton as the co-executive producer.