fintech

Paraguay Eyed as New Bitcoin Mining Destination

Source Node: https://news.bitcoin.com/paraguay-eyed-as-bitcoin-mining-destination/
Time Stamp: November 2, 2021 5:30 AM - Modified On: November 2, 2021 - Published By:
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Paraguay is one of the destinations being considered by various companies for setting up their bitcoin mining operations. Last week, Chinese company Future Fintech announced formal plans to build a bitcoin mining facility in the country, explaining they were determining the best location for the upcoming farm. In June, local media declared that there were eight Chinese economic groups interested in coming to the country. Paraguay Considered for Its Bitcoin Mining Potential Paraguay, an often overlooked country of South America, has recently been in the sights of mining institutions interested

Yolo-Powered Arsenal Innovation Lab Launches Hunt for Tech Startups with £250,000 Prize Pool

Source Node: https://bitcoinprbuzz.com/yolo-powered-arsenal-innovation-lab-launches-hunt-for-tech-startups-with-250000-prize-pool/
Time Stamp: October 25, 2021 6:01 AM - Modified On: October 25, 2021 - Published By:
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Press Release: Arsenal Innovation Lab is offering a £250,000 Investment and prize pool to hunt for new tech start-ups, with application ending on December 10, 2021   21st October 2021, Tallinn, Estonia — Tech startups focused on fan experience can now apply to the Arsenal Innovation Lab powered by Yolo Group. Arsenal Innovation Lab will create new opportunities for Arsenal fans around the world as it searches for a cohort of inventive startups with solutions on the following themes: Bringing Fans Closer to the Club Arsenal Innovation Lab makes it

What is Dragonbite? (BITE)

Source Node: https://www.asiacryptotoday.com/dragonbite/
Time Stamp: October 20, 2021 9:17 AM - Modified On: October 20, 2021 - Published By:
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DragonBite is an open decentralized asset management platform for customers to store and swap all digital assets in one app. Retail customers have always been big fans of loyalty programs, not only to express their approval of a product or a service but also because of the exciting perks that come with them. The problem is, the rules of these programs are often restrictive, and their rewards are too limited resulting in slim benefits for consumers, which they cannot enjoy. Fortunately, blockchain can change all of this.  Table of Contents Background 

Chainlink has high upside potential, but are there true entry points

Source Node: https://ambcrypto.com/chainlink-has-high-upside-potential-but-are-there-true-entry-points/
Time Stamp: October 8, 2021 9:30 PM - Modified On: October 8, 2021 - Published By:
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With Bitcoin leading the market gains showing close to 16.90% weekly price rise, the rest of the market has stayed rather calm. While on the back of Bitcoin gains, the market seems to be witnessing a steady upward movement, most alts have failed to surprise the market. Chainlink, the 15th ranked alt by market cap, has also had a rather stagnant price action.  Nonetheless, while the alt’s long-term prospects looked appealing the market confidence around the alt seemed to be lacking, so where could LINK go from here? Classic case

MassMutual-owned fintech Flourish launches a new service to connect financial advisory clients with bitcoin

Source Node: https://www.theblockcrypto.com/post/119140/massmutual-owned-fintech-flourish-launches-a-new-service-to-connect-financial-advisory-clients-with-bitcoin?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 9:00 AM - Modified On: September 30, 2021 - Published By:
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A fintech company owned by MassMutual is launching a service that lets registered investment advisors (RIAs) and their clients tap into bitcoin investments.Flourish’s new service, dubbed Flourish Crypto, reflects the growing intersection between traditional finance and the digital asset space, and it’s a bet on what the company says is growing demand among financial advisory clients for bitcoin. The offering is being launched in partnership with Paxos, which is supporting the execution and custody side of things. The New York-based startup has inked key relationships with payments and financial services

Crypto treasury management platform Coinshift raises $2.5 million in seed funding

Source Node: https://www.theblockcrypto.com/linked/119114/multisafe-now-coinshift-crypto-treasury-management-funding?utm_source=rss&utm_medium=rss
Time Stamp: September 30, 2021 6:30 AM - Modified On: September 30, 2021 - Published By:
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Crypto treasury management platform MultiSafe has rebranded to Coinshift and announced it has raised $2.5 million in a seed funding round.Investors included Sequoia Capital India, Weekend Fund (founded by Product Hunt founder Ryan Hoover), ConsenSys Mesh, DeFi Alliance, Ethereal Ventures, Fintech Collective, and Gnosis, among others. There was no lead investor in the round. Angel investors, including Fernando Martinelli (co-founder and CEO of Balancer Labs), Sandeep Nailwal (co-founder and COO of Polygon), Ajit Tripathi (head of institutional business at Aave), and Larry Sukernik (formerly of Digital Currency Group), also backed

Revolut to Reportedly Launch Own Cryptocurrency Token

Source Node: https://cryptopotato.com/revolut-to-reportedly-launch-own-cryptocurrency-token/
Time Stamp: September 28, 2021 8:03 AM - Modified On: September 28, 2021 - Published By:
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According to a recent report, Revolut seeks approval from UK’s securities regulator to launch its exchange token. Should the initiative be greenlighted, it will start from Europe and other non-US-based locations. Citing people familiar with the matter, CoinDesk reported earlier that Revolut – a leading fintech firm – wants to release its cryptocurrency token. One of the sources indicated that users would be able to utilize the coin similarly to Wirex and Nexo. However, such a development would be possible only if the initiative received regulatory approval from the UK

This crypto ad exec tells us how the industry will evolve and why transparency is so important

Source Node: https://cryptoslate.com/this-crypto-ad-exec-tells-us-how-the-industry-will-evolve-and-why-transparency-is-so-important/
Time Stamp: September 28, 2021 6:00 AM - Modified On: September 28, 2021 - Published By:
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CryptoSlate recently had the opportunity to chat with Milo McCloud, the co-founder of Paradox Group, a well-known crypto advertising firm that works with some of the biggest names in blockchain.What is the professional background of the Paradox founders and what is their previous experience in crypto?I am a blockchain, fintech, and cryptocurrency specialist focusing on growth opportunities for companies in these sectors.Prior to co-founding Paradox Group, I worked in investment sales and marketing, as well as having represented Great Britain in Alpine Skiing as an international athlete.My co-founder, Paul Burnham,

Chipper Cash Extends Peer-to-Peer Money Transfer Service to South Africa

Source Node: https://news.bitcoin.com/chipper-cash-extends-peer-to-peer-money-transfer-service-to-south-africa/
Time Stamp: September 27, 2021 6:30 AM - Modified On: September 27, 2021 - Published By:
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Chipper Cash, an African fintech start-up, has extended its peer-to-peer instant money service to South Africa. In addition to being able to use the remittance service, South African users will be able to buy, sell, and transfer cryptocurrencies like bitcoin, ethereum, and the USDC stablecoin. South Africa Ripe for Disruption and Innovation According to a report that quotes the start-up’s VP for strategy and partnerships in Africa, Pardon Mujakachi, Chipper Cash has made the foray into South Africa because it believes the country “is ripe for disruption and innovation in

COTI to Issue New Stablecoin on Cardano Network

Source Node: https://beincrypto.com/coti-stablecoin-cardano-network/
Time Stamp: September 27, 2021 4:40 AM - Modified On: September 27, 2021 - Published By:
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COTI introduced a new algorithmic stablecoin called Djed for Cardano this weekend in an effort to expand decentralized finance (DeFi) on the network.Sponsored Sponsored The Djed stablecoin was announced at a Cardano Summit in Wyoming on Sept 26 by IOHK founder Charles Hoskinson. The enterprise-grade fintech platform COTI will be the official issuer of Djed which will use the new Cardano smart contracts to ensure price stability, the announcement added.Sponsored Sponsored Djed will be entering an already crowded stablecoin market that is dominated by Tether and USD Coin, however, its

Fintech Firm Centbee Graduates From South African Regulatory Sandbox

Source Node: https://news.bitcoin.com/fintech-firm-centbee-graduates-from-south-african-regulatory-sandbox/
Time Stamp: September 24, 2021 8:00 AM - Modified On: September 24, 2021 - Published By:
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Fintech firm Centbee recently announced it has successfully completed the testing of its cross-border remittance application, Minit Money. The testing of the application was carried out within the framework of the South African Intergovernmental Fintech Working Group (IFWG)’s regulatory sandbox. Using Crypto to Enable Faster and Cheaper Remittances In a statement, the fintech firm claims its Minit Money application has demonstrated an ability to “enable foreigners living in South Africa to send money home across Africa to bank accounts or mobile money wallets at a competitively low cost.” Meanwhile, in