Industry news — Page: 6

HolyWally, a white-label virtual wallet platform that seamlessly connects with financial institutions, fintech businesses, and shops, has obtained US$1.4 million in a funding round headed by M-DAQ, a top Singapore fintech corporation.

Bitcoin mining and NFT minting have become increasingly popular in recent years, and Intel has taken advantage of this trend by releasing a new chip for blockchain applications on February 11.

Anthony Welch, a British housing investor, attempts to attract crypto investors to a regulatory-free island in Vanuatu's archipelago, renamed after Bitcoin founder Satoshi Nakamoto.

A 555-carat diamond with mysterious origins estimated to be 1 billion years old has been sold for $4.5 million in cryptocurrency at a Sotheby's auction.

The European Commission (EC) has announced that a bill for a digital euro will be proposed in 2023.

Binance, the world's biggest crypto trading platform by trading activity, is investing $200 million in Forbes, the 104-year-old journal and internet media organisation.

Italian car brand Alfa Romeo will incorporate NFT, which has recently become popular in digital art, into its new Tonale SUV, the company announced Tuesday at a car launch.

According to Nikkei, Mitsubishi UFJ Trust is planning to launch a stablecoin as a form of payment to facilitate quick settlement of securities transactions.

According to the initiative's chief executive officer, Howard Wu, Aleo intends to develop a GitHub-like firm. Aleo's team has also developed its own scripting language, Leo, to make it easier for programmers to construct decentralized and secured apps.

On Tuesday, representatives from Alphabet, the parent company of Google and YouTube, said they were exploring the possibility of introducing blockchain technology into the company's popular services.

Sam Bankman-Fried, the CEO of crypto exchange FTX, has announced the acquisition of Japanese crypto business Liquid Group and its subsidiaries by his company.

According to a new study, the yearly transaction volume on the Bitcoin network exceeded that of some well-known card networks in 2021, including American Express (AmEx) and Discover.

Susquehanna's digital assets division has signed on as a market maker to TP ICAP's Digital Asset Platform, slated to launch later this year.

Qubit Finance, a decentralized finance (DeFi) service, was the latest target of a high-value crime on Thursday, with hackers taking about $80 million in cryptocurrencies.

The SEC granted the Boston Security Token Exchange regulatory permission this week.

According to a press statement issued Monday, Blockchain Founders Fund secured $75 million for its BFF II fund from various investors, including NEO Global Capital, AppWorks, and Sebastien Borget, chief operating officer of The Sandbox, a video game and metaverse software.

On Thursday, Deutsche Bank surprised market forecasts by reporting a profit for the fourth quarter of 2021, thanks to higher investment bank income.

Match-Trade Technologies, a trading technology supplier, announced the appointment of Michael Nichols as the company's new Head of Sales on Tuesday. He will work in Match-Trade's brand-new Cyprus office.

The Bank of Ann Arbor has finalized the sale and opening of its new Birmingham location.

During the afternoon of Jan. 23, hackers targeted several notable crypto YouTuber accounts. Unauthorized videos with messages asking users to transfer money to the hacker's wallet were posted on the accounts.

The Graph, a company that compares itself to Google but focuses on indexing information from blockchains, has secured $50 million in a round headed by Tiger Global Management.

Singapore's central bank tightened its monetary policy settings on Tuesday, as global supply limits and strong economic demand raise inflationary pressures throughout the region.

According to Bank of America, the United States will finally go forward with creating its own central bank digital currency (CBDC).

Hubble Protocol, a decentralized finance (DeFi) project, has acquired $10 million in investment in advance of its mainnet debut later this month. Hubble plans to utilize the funds to grow its personnel and extend its DeFi project services.