DeFi

203 articles tagged with this keyword

/crypto

Singapore Fintech Festival 2021: MAS global CBDC challenge winners revealed

Concluding Singapore Fintech Festival for another year, the Monetary Authority of Singapore (MAS) has announced the three winners of the global CBDC challenge after five months of competition among more than 300 submissions from over 50 countries.

/crypto

Whitehall Capital now able to hold assets in tokenised form

Whitehall Capital is pleased to announce a new and innovative approach to holding investments within its specialist bridge financing fund, ‘Whitehall Capital Management Limited’ (‘Whitehall’ or ‘the ‘Fund’). Whitehall Capital has struck an agreement with US-based digital asset securities marketplace, Securitize, enabling investors in the specialist Whitehall fund to hold their assets in a tokenized form. Using the Securitize platform, Whitehall investors will now be able to buy and sell units in the Fund, trading their holdings with other investors. Whitehall Capital is the first UK-based company to engage with Securitize in this way.

/payments

Flutterwave acquires digital creator platform Disha

Flutterwave, Africa’s leading payments technology company, has acquired Disha, a platform that enables digital creators to curate, sell digital content, portfolios and receive payments from their audience worldwide. Flutterwave’s acquisition aims to improve the process of digital content creation for Disha users, enabling them to earn value for their creativity using the platform’s new payouts and collections solution. Disha has acquired over 20,000 users organically over 12 months.

/regulation

SEC Commissioner outlines DeFi risk and opportunities

Whether in the news, social media, popular entertainment, and increasingly in people’s portfolios, crypto is now part of the vernacular.[1]

/crypto

Binance legal action sees thousands of claimants join ‘landmark’ proceedings

Thousands of disgruntled Binance customers have registered claims against the trading platform following the outages it faced in May 2021. Earlier this year, Liti Capital announced it is financing the proceedings to be brought in the Hong Kong International Arbitration Centre, with claimants being represented by White & Case LLP.

/crypto

Singapore Fintech Festival 2021: ‘We haven’t even fuelled the DeFi rocket’

During Singapore Fintech Festival’s panel session ‘Decentralised Finance: Redefining the Architecture’, ChainLink co-founder Sergey Nazarov and Celo CEO and co-founder Rene Reinsberg examine the forces currently driving the decentralised finance (DeFi) sector and how financial institutions should be approaching their DeFi and cryptocurrency strategy.

/crypto

Former AliPay UK CEO Rita Liu on how regulators are boosting crypto literacy

Finextra sat down with Mode’s chief commercial officer Rita Liu – also former CEO of AliPay UK, to discuss Mode’s recent partnership with trade association CryptoUK, and how market players and regulators are boosting adoption and education around crypto.

/DeFi

DeFi incubator Dispersion buys DeFi Yield Technologies

Dispersion (AQSE: DEFI), an incubator specialising in decentralised finance ("DeFi"), is pleased to announce the proposed acquisition of the entire share capital not already owned by Dispersion of Defi Yield Technologies Inc. ("DFTI"), a platform for investment into decentralised financial services, for a consideration to be satisfied by the issue of 348,725,646 new ordinary shares in Dispersion.

/crypto

DeFi platform EQIFI launches crypto Mastercard

EQIFI, the decentralized finance (DeFi) platform for lending, borrowing, and investing for ETH, stablecoins, and select fiat currencies, has today announced the launch of its global, secure, crypto Mastercards.

/crypto

DeFi outfit Unstoppable Finance raises $5.2m

Unstoppable Finance today announced its $5.2m Seed round with its mission to bring Decentralized Finance to mainstream investors around the world.

/crypto

Kasikorn Bank tech arm launches DeFi incubator and NFT marketplace

The technology arm of Thailand's Kasikorn Bank. KBTG, has established an incubator and venture builder to create new decentralised finance businesses.

/regulation

Bank of England peers into the opaque world of DeFi

The Bank of England has begun to explore how to manage risks generated by the rapid initial growth of decentralised finance, or ‘DeFi’ applications.

/Sibos

Sibos 2021: Why ‘desirability’ of CBDC is just as important as ‘feasibility’

Following moderator Dr Leda Glyptis of 10x Future Technologies’ introduction surrounding ‘The Future of Money’ with digital currency and tokenisation at the heart, John Egan, CEO of L’Atelier BNP Paribas, stated that a key problem in the conversation around CBDC is that we’ve discussed it from the perspective of what is feasible, rather than what would be technologically desirable.

/Sibos

McKinsey: Firms should prepare for the ‘inevitable changes’ of CBDC

McKinsey’s annual Global Payments Report released on day one of Sibos 2021, outlines a positive, albeit unbalanced, return to growth across the sector after Covid-19, underscoring the action firms should take in anticipation of widespread digital currency adoption.

/crypto

Wirex brings its crypto platform to Vietnam

Wirex, the leading payments firm, has launched its crypto platform in Vietnam and increased the range of revolutionary services across 81 others. Adding to the 130+ countries across the globe already taking advantage of their award-winning services, the London-based company has also expanded its popular X-Accounts feature to countries such as India, Ukraine and Russia.

/crypto

China cracks down on crypto transactions

China’s central bank announced a clampdown on cryptocurrency trading on Friday, calling all digital currency activities illegal, and vowed to crack down on the sector.

/crypto

EToro launches DeFi portfolio

eToro, the global multi-asset investment platform, has today launched a DeFi portfolio, offering investors long-term exposure to key projects in the DeFi ecosystem, enabling them to become part of one of the most innovative developments in finance.

/payments

Money 20/20 EU: Will Europe prevail in the new dawn of payments?

Amsterdam: Finextra is on the ground at Money 20/20 Europe, attending a host of sessions to provide you with key highlights from the most popular sessions throughout the conference.

/crypto

Bybit Launchpad debuts with BIT token listing

Bybit, a popular platform for crypto lovers around the globe, has announced today its token launch site Bybit Launchpad. The first new token to feature on Bybit Launchpad will be $BIT.

/startups

Scallop prepares to launch DeFi-powered banking app

Scallop, the world's first DeFi-powered banking app with integrated DeFi-powered accounts, is formalizing plans for launch in the EU and UK markets in late October 2021, with international expansion plans to follow.