groundbreaking - FinTecBuzz

Tether Invests $18.75M in XREX to Boost Financial Inclusion

PRNewswireJune 5, 20245 min

Tether, the largest company in the digital asset industry, has announced a strategic investment of $18.75M in XREX Group, a fully regulated, blockchain-enabled financial institution. This collaboration aims to drive innovation in the digital asset industry, facilitate USDT-based cross-border payments in emerging markets, and innovate regulatory technology. With Tether’s funding, XREX will facilitate compliant, USDT-based cross-border B2B payments in emerging markets, revolutionizing financial transactions by offering businesses greater ease, efficiency, and potentially lower costs. Additionally, XREX will work with the Unitas...

Crypto Currencies

HTX Ventures Invests in Babylon to Advance Trustless Bitcoin Staking

PRNewswireJune 4, 20243 min

HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in Babylon, a Bitcoin staking protocol. This investment underlines HTX Ventures’ commitment to fostering innovation and supporting groundbreaking technologies in the blockchain and cryptocurrency sectors. Babylon builds infrastructure that allows proof-of-stake systems to obtain staking capital from Bitcoin. The platform uses modular design and slashing functionality to let stake-base systems, such as blockchains, Layer 2s, DA layers and oracles, and incorporates Bitcoin as a staking and restaking asset. “HTX Ventures is excited...

Payments

IXOPAY Appoints Brady Harris as CEO to Drive Global Payments Growth

GlobeNewswireJune 3, 20244 min

Following the IXOPAY and TokenEx merger, new leadership strengthens the company’s market position and serves the evolving needs of customers

Insurance

Majesco to Showcase GenAI and Next-Gen Solutions at Insurtech Insights

BusinessWireMay 29, 20245 min

Majesco, a global leader of cloud insurance solutions for insurance business transformation, announced their participation as a Gold sponsor at the upcoming 2024 Insurtech Insights conference held from June 5th – June 6th in New York. Insurtech Insights is the largest global network of insurance leaders with over 500,000 subscribers and marketing leading events in London, New York and Hong Kong. “We are honored to welcome Majesco as Gold Sponsor to Insurtech Insights USA. Majesco is truly...

Crypto Currencies

Launch of OkayCoin: Latest Innovation in Crypto Staking Services

GlobeNewswireMay 28, 20244 min

OkayCoin, a new startup in the cryptocurrency services sector, proudly announces the launch of its innovative Crypto Staking platform. This groundbreaking service is poised to transform the landscape of cryptocurrency staking, offering enhanced rewards, top-tier security, and an exceptionally user-friendly experience for all users. OkayCoin extends the accessibility of cryptocurrency staking to a wider audience, allowing users to engage with blockchain technology effortlessly. This platform supports a variety of cryptocurrencies and stablecoins, including Bitcoin, Ethereum, USDC,...

Crypto Currencies

Bybit Web3 to host Aperture Finance IDO

PRNewswireMay 24, 20244 min

Bybit Web3, the Web3 division of Bybit – one of the top three global crypto exchanges by trading volume, announced an upcoming Initial DEX Offering (IDO) for Aperture Finance ($APTR) on its Web3 platform. “Bybit Web3 is thrilled to be partnering with Aperture Finance to bring their innovative IDO to our platform,” said Emily Bao, Bybit Web3 Evangelist. “Aperture Finance’s AI-powered solutions have the potential to revolutionize DeFi by simplifying complex transactions and making Web3 finance more...

Payments

Flutterwave Earns Prestigious Spot on CNBC’s 2024 Disruptor 50 List

PRNewswireMay 15, 20246 min

Flutterwave, Africa’s leading payment technology company, has earned a spot on the prestigious 12th annual CNBC Disruptor 50 list alongside companies like OpenAI, Stripe, Monzo. This recognition underscores its innovation and expansion, achieved amidst challenging market conditions and economic downturns. The CNBC Disruptor 50 list is renowned for spotlighting private enterprises that shake up traditional industries and chase substantial opportunities. Criteria such as scalability, user growth and use of breakthrough technologies are key factors in the selection process, making...

Blockchain

DappCon Unveils 2024 Agenda and Speaker Lineup

PRNewswireMay 10, 20246 min

As the cornerstone event of the Berlin Blockchain Week, DappCon 2024 is set to feature an array of prominent speakers from across the Ethereum ecosystem

Blockchain

HTX announced collaboration with Astar Network

PRNewswireMay 9, 20245 min

The leading digital assets exchange HTX has collaborated with Astar Network, a blockchain that aims to become Polkadot’s “smart contract hub” and serves as a parachain for Polkadot, in support of its newly launched “TGE Catalyst Grant. This initiative marks a significant step forward in fostering innovation within the blockchain ecosystem, particularly through the Astar zkEVM platform. The TGE Catalyst Grant is designed to empower emerging projects preparing for their Token Generation Events (TGE) on...

Platforms

Rocket Companies hires Shawn Malhotra as Chief Technology Officer

PRNewswireMay 7, 20244 min

Malhotra is a proven technology leader with decades of experience in engineering, product development and AI strategy for tech and media companies, including Thomson Reuters, Intel and Qualcomm

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