Sling Money Announced its Launch in the U.S.
November 18, 20246 min
The app connects Americans to a global network offering fast, easy, fee-free international stablecoin-based payments.
Transfero Chooses Wormhole as Exclusive Interoperability Provider
November 15, 20245 min
Transfero, a leading fintech company specializing in stablecoins for emerging markets currencies, has selected Wormhole as its exclusive interoperability provider. Wormhole, the global leader in cross-blockchain interoperability, will power Transfero’s growing suite of stablecoins across multiple blockchains using its state-of-the-art NTT (Native Token Transfer) framework. Based in Brazil, Transfero has emerged as a major force in the global stablecoin ecosystem. Its flagship stablecoin, BRZ, is the largest non-USD stablecoin globally, with over $200 million in monthly trading volume and more than 1 million...
DeFi Technologies Announces Launch of SolFi Technologies
November 14, 20248 min
DeFi Technologies launches SolFi Technologies, a spinout company, focused on providing investors with direct exposure to the Solana blockchain ecosystem through proprietary trading, validator node operations, and ecosystem investments. Optimizing Solana Yield: SolFi Technologies uses proprietary algorithms and innovative financing strategies to acquire, hold, and stake Solana (SOL). By staking Solana with DeFi Technologies’ validator and proprietary Maximum Extractable Value (MEV) engine (battle-tested with over C$508 million (US$365 million) in staked Solana), SolFi Technologies aims to generate consistent cash flow at higher yields than third-party staking providers, which can then...
MAXEX Welcomes Daniel Wallace as Chief Operating Officer
November 13, 20245 min
Mortgage and technology veteran Daniel Wallace joins MAXEX to spearhead new technology and strategic initiatives, diversify revenues and accelerate company growth
Binance Labs Invests in Brevis to Boost Off-Chain Computation Tools
November 13, 20244 min
Binance Labs has invested in Brevis, a ZK-coprocessor platform that unlocks new use cases for apps by allowing verifiable, trust-free computations on historical on-chain data. Brevis’ flagship product, the ZK-coprocessor, empowers smart contracts to trustlessly access and run arbitrary computations on historical on-chain data, such as transactions, events, and states, enabling a wide range of use cases from user engagement and retention features to dynamic optimizations for DeFi dApps, intent automation and many more. Using...
VentureX launches its new AI-powered blockchain investment platform
November 12, 20247 min
VentureX, a venture capital firm established in 2023, is reshaping cryptocurrency investment in Europe through the launch of its new AI-powered blockchain investment platform. Leveraging cutting-edge technology, VentureX supports emerging blockchain projects to drive digital finance into new realms of opportunity. The Vision Behind VentureX Founding Philosophy: Embracing the Future VentureX’s mission is rooted in the principle of “exploring the unknown” in the world of blockchain technology and cryptocurrency. Focused on high-impact investments, VentureX backs projects...
Pharos Closes $8 Mn Seed Round Led By Lightspeed Faction and Hack VC
November 11, 20245 min
The funding round is announced alongside a partnership with ZAN to jointly explore hardware acceleration, infrastructure technologies, and more
Ping An Leads Fortune Fintech Innovator Asia list, 1st in Insurtech
November 8, 20248 min
Ping An Insurance (Group) Company of China, Ltd. ranked #1 in insurtech in Fortune’s first-ever Fintech Innovators Asia list. “Ping An is one of China’s largest insurers, with about 240 million retail consumers across the country. Ping An’s ‘Smart Verification’ and ‘Smart Fast Claim’ services now make its enrolment and claims processing more efficient. AI-driven tools are also reducing diagnostic times in rural areas,” Fortune said. Fortune’s Fintech Innovators Asia 2024 showcases the leading companies shaping the future of fintech in Asia. More...
Cytonic Secures $8.3 Mn Seed Funding to Solve Blockchain Compatibility
November 7, 20246 min
Cytonic, the world’s first multi-virtual-machine blockchain, announced it has raised $8.3 million in a seed funding round co-led by Lattice and Lemniscap, with participation from IOBC, Nomura, Lyrik, Public Works, Arthur Hayes and other notable investors. Developed by MultiVM Labs, Cytonic is a decentralized execution layer that tackles one of the blockchain industry’s most pressing challenges: compatibility. As fragmentation across multiple chains continues to grow, developers and users face increasing barriers that limit the full potential of blockchain...
Nium and Partior announced partnership
November 6, 20245 min
Nium becomes first fintech to join the blockchain-based network, enabling faster cross-border payments, added market reach, and greater transaction transparency