Latest DeFi News: Finextra Research

SEC charges Gemini and Genesis with selling unregistered securities

The Securities and Exchange Commission (SEC) has charged digital asset trading firms, Genesis and Gemini, with offering and selling unregistered securities.

13 January 2023

News/crypto

PayPal partners with ConsenSys MetaMask to allow US users to buy Ethereum

Web 3.0 company ConsenSys revealed this week that US MetaMask users will be able to purchase Ethereum from within the app using PayPal.

16 December 2022

News/crypto

Exclusive: Shares begins beta testing for crypto trading across Europe

In conversation with Finextra, Shares CEO and co-founder, Benjamin Chemla, told the publication that the retail social trading platform is extending its services to include crypto trading, with beta testing commencing last week across 11 European countries.

28 November 2022

News/payments

NextGen Nordics 2023 agenda announced

NextGen Nordics will return on 25th April 2023 to Stockholm, Sweden and the timing of this event could not be better placed.

23 November 2022

Company update/crypto

IOG and University of Edinburgh to build standard metric for crypto decentralisation

Input Output Global, Inc. (IOG), one of the builders of Cardano, the leading proof of stake blockchain, has partnered with the University of Edinburgh, one of the most highly rated academic institutions in the United Kingdom, to develop the blockchain industry’s first ‘decentralization index’.

18 November 2022

Company update/crypto

LMAX Group expands tech infrastructure in APAC

LMAX Group, the leading operator of institutional exchanges for trading FX and digital assets, is expanding its global technology infrastructure in Asia Pacific following the launch of a matching engine in the Equinix IBX Data Centre in Singapore (SG1).

18 November 2022

News/crypto

FTX Europe to have licence suspended - Bloomberg

Embattled FTX is facing the suspension of its licence by the Cyprus Securities and Exchange Commission, revoking its ability to continue trading within the European Economic Area.

11 November 2022

News/crypto

Gate.io launches crypto payment product

US-based Gate.io, one of the largest crypto exchanges in operation, is set to branch out into the payments sector.

07 November 2022

Company update/people

Genesis Global names CTO

Genesis Global, the low-code application development platform purpose-built for financial markets organizations, today announced Tej Sidhu as Chief Technology Officer.

07 November 2022

News/crypto

Singapore Fintech Festival 2022: Inside Project Guardian

In a session titled 'Unlocking TradFi with DeFi' at Singapore Fintech Festival 2022, DBS, JP Morgan and SBI Digital Asset Holdings explored how they were able to launch the first industry pilot under MAS’ Project Guardian, exploring potential DeFi applications in wholesale funding markets after completing its first live trades.

02 November 2022

News/crypto

Global banks test DeFi protocols for FX and Government bond transactions

DBS Bank, JPMorgan and SBI Digital Asset Holdings have completed the first pilot transactions on Project Guardian, a Monetary Authority of Singapore-inspired initiative that explores potential decentralised finance (DeFi) applications in wholesale funding markets.

02 November 2022

News/crypto

Money20/20 US: Anchorage launches full-stack crypto offering

Anchorage today unveiled the launch of ‘Build With Anchorage’ at Money20/20 in Las Vegas. A full-stack infrastructure offering that facilitates crypto payment gateways, structured financial products, and crypto investing, the service will enable fintechs, payments firms and banks to design and embed a full crypto product lifecycle via Anchorage APIs.

24 October 2022

News/crypto

Money20/20 US: Regulators missing crypto’s ‘sleeping issue’ – Andreessen Horowitz

Taking the stage for day one session, ‘Rationally Regulating Web3: The opportunity of a lifetime,’ Jai Ramaswamy, chief legal officer, Andreessen Horowitz said regulators are missing a core issue with supervision of Web3.

24 October 2022

Company update/payments

Clowd9 launches cloud-based, decentralised payments platform

CLOWD9, the world’s first cloud native, cloud certified, decentralized, payments processing platform, has launched today, revolutionizing the technology that sits behind global payments transactions

17 October 2022

News/payments

Sibos 2022: Blockchain is still the ‘Holy Grail’ for data – JP Morgan

JP Morgan is celebrating the success of its blockchain application Confirm this week, following announcements that Deutsche Bank and Visa have been brought on board as key partners.

12 October 2022

News/Sibos

Sibos 2022: Uncovering value for banks in the Metaverse

As Sibos edges ever closer, Finextra has reached out to a clutch of the conference’s expert speakers to share their thoughts on leading industry trends and what they expect to take from Sibos 2022.

04 October 2022

Company update/crypto

Cake DeFi launches product for 'conservative' crypto investors

Cake DeFi, the leading and fastest-growing Singapore-based fintech firm, providing easy access to Decentralized Finance (DeFi), has launched its latest product – EARN – allowing users to generate returns via a single-sided liquidity mining service while protecting users against market volatility.

23 September 2022

Company update/crypto

Bitso rolls out QR code payments in Argentina

Bitso, the leading cryptocurrency platform in Latin America, with more than 5 million users, launches its crypto-enabled QR code payments system in Argentina — a first for the region.

23 September 2022

Company update/crypto

Financial data lake for Web3 companies, tres, raises $7.6 million

Tres, which has built the first financial data lake for Web3 companies, today announced that it has raised $7.6 million in a seed round led by boldstart ventures, with participation from F2; Mantis in partnership with The Chainsmokers; New Form; Kenetic; Blockdaemon Ventures and Alchemy.

20 September 2022

Company update/crypto

SEBA Bank to capture institutional demand with Ethereum staking

SEBA Bank, a leading global crypto bank, simplifying access to the digital assets economy through a suite of fully regulated banking services, has today launched Ethereum staking services, an institutional-grade offering enabling clients to earn staking rewards on Ethereum, the second largest cryptocurrency by market cap.

07 September 2022