Category: FinTech
China’s Nano Labs Moves to Accumulate BNB, Aims for $1 Billion Reserve
Key Insights: Nano Labs is planning to raise $500 million via convertible notes to acquire up to $1 billion in BNB. This aggressive strategy sets…
Waribei Secures €750,000 to Expand Its Digital Platform
Waribei raises €750,000 to expand its digital platform, improving financial access for SMEs and retailers across West Africa. Waribei, a fintech startup based in Côte…
Bridge Stablecoin Network Founded by Ex-Coinbase, Square Execs Raises $58 Million
Stablecoin network Bridge is taking on traditional payment networks, bagging massive investments and equally massive clients. Bridge, a stablecoin network created by former Coinbase and…
Flexa Launches Components for Fee-Free Crypto Payments at Major Retailers
Flexa Components allows merchants to accept various cryptocurrencies, including USDC, BTC, and ETH. The tool integrates seamlessly with digital wallets, offering instant, fee-free transactions. Flexa,…
FDIC Goes After Crypto-Friendly Institution Cross River Bank
Cross River Bank (CRB) – a crypto-friendly financial institution stationed in New Jersey – has angered the Federal Deposit Insurance Corporation (FDIC). It’s claiming that…
Tech Firms, Millennials Reshape the Future of Cryptocurrency
Bitcoin advocates always look at the bright side despite the negative media hype that makes the crypto look bad. On Tech & the New Generation…
R3 Launches Corda Settler; Selects Ripple’s XRP as Its First Supported Cryptocurrency
R3 – a blockchain solutions developer for businesses – has launched its new Corda Settler application and chosen Ripple’s XRP to be its first supported…
CFTC Introduces Guideline for Smart Contracts
A key component of blockchain technology, smart contracts, have caught the eye of LabCFTC, which have subsequently released a guideline for them. Disruptive technology can…
Abu Dhabi Executes World’s First Sharia-Compliant Bond with Blockchain Technology
Disruptive technology has once again paved the way for a “world first” in the form of the execution of a Sharia-compliant Islamic bond in Abu…
