Tag Archives: Finance

[PRESS RELEASE – Washington, United States, April 18th, 2024] Aptos Ascend, powered by Microsoft Azure OpenAI and implemented in consultation with Boston Consulting Group, to enable regulatory-compliant digital asset management at scale for financial institutions with global reach. Aptos Labs today announced a collaboration with Microsoft, Brevan Howard, and SK …

[PRESS RELEASE – Dubai, United Arab Emirates, April 17th, 2024] Klickl International, a forward-thinking provider of financial infrastructure based in Abu Dhabi, is pleased to announce its recent accomplishment of securing the Financial Services Permission (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market. This …

[PRESS RELEASE – Bankstown, Australia, April 15th, 2024] Xuirin Finance has recently presented its DeFi card, an innovative solution designed to merge the functionalities of traditional debit and credit cards with the decentralized financial services provided by DeFi. The introduction of this card aims to facilitate daily transactions using cryptocurrencies, …

Pac Finance, a lending app on Blast, has had its users report a $24 million liquidation on April 11 due to a sudden change in parameters by the developer wallet. Mass liquidations are common for leveraged traders who borrow crypto, but they often occur due to fluctuations in the market, …

In a recent Bloomberg report, it was revealed that the US Treasury Department is urging lawmakers to grant it additional enforcement powers in its fight against foreign providers of cryptocurrency services. The primary objective behind this request is to safeguard national security interests. Growing Hurdles In Tracing Illicit Crypto Transactions …

BlackRock, one of the largest asset managers globally, has witnessed notable success with its newly launched tokenized money-market fund, BUIDL. The fund, which records shared ownership on the Ethereum (ETH) blockchain, has attracted over $160 million in just one week since its debut.  BlackRock’s BUIDL Fund According to a Bloomberg …

Ondo Finance (ONDO), a decentralized finance (DeFi) protocol focused on tokenizing US treasuries, has witnessed a meteoric rise in its native token’s price over the past week. According to CoinMarketCap, although ONDO was only able to muster a meager 1.3% increase in the last day – yet pushing its value …

Frax Finance, a decentralized finance (DeFi) protocol, recently unveiled its Singularity Roadmap. It aims to propel the total value locked (TVL) of its layer 2 blockchain, Fraxtal, to $100 billion by the end of 2026. This notable surge would represent a 760,000% increase from the current TVL levels, which stand …

The finance sector is undergoing a significant transformation, influenced by evolving consumer behaviors, technological advancements, and regulatory changes. In this context, SEO (Search Engine Optimization) presents both challenges and opportunities for financial institutions aiming to capture the attention of online audiences. Drawing on the expertise of Rank Architect Mark Huntley, …

In the ever-evolving landscape of technology and finance, blockchain innovations, particularly in the realm of Bitcoin casinos, are emerging as influential contributors to the future of the industry. As the world witnesses a growing acceptance of cryptocurrencies and blockchain technology, the fusion of these elements with online casinos is reshaping …

In the ever-evolving landscape of financial innovation, the recent approval of Bitcoin ETFs stands as a watershed moment, not just for digital asset enthusiasts, but for the broader financial markets and the political arena. As we edge closer to the 2024 elections, it’s becoming increasingly clear that bitcoin is set …

[PRESS RELEASE – Toronto, Canada, January 24th, 2024] Oversubscribed Round With Top Blockchain VCs Included Robot Ventures, Big Brain Capital & Veris Ventures Synonym Finance, a cross-chain lending platform, today announced its oversubscribed seed round funding round totalling $1.5 million. The raise was led by Borderless Capital, a leading Web3-native …