The UK’s Advertising Standards Authority (ASA) is investigating Floki Inu cryptocurrency ads which have appeared on the London Underground in recent weeks, according to The Guardian. “While I can’t go into specifics at this time, I can confirm that we are currently investigating Floki Inu,” an ASA spokesperson reportedly said. News of the ASA investigation comes just days after Sian…
Ian Khan is a futurist who expects that blockchain, artificial intelligence and the Internet of Things will merge together to create an entirely new type of world. He’s the inventor of the Future Readiness Score, the author of eight books and the chairperson of the Money 20/20 fintech conference. His first film, Blockchain City, is far from an underground production. The…
European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, and further participated by a venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush. This third funding round represented their highest raise to date, following seed funding of $2,5 million in May 2019 and Series…
In brief Solana’s DeFi scene is growing. Cypher hopes to be the go-to synthetic futures protocol for the network. Sure, perpetual futures are great. But where do you go when you really need that expiratory futures fix on Solana? How about Cypher, the futures protocol that wants to bring a new set of traditional finance opportunities to decentralized finance (DeFi)…
The International Monetary Fund (IMF) has acknowledged that the recently launched Nigerian central bank digital currency (CBDC) is attracting interest from many institutions globally, including central banks. Still, the fund warns that the CBDC carries risks for monetary policy implementation, cyber security, operational resilience, and financial integrity and stability. CBDC Attracting Interest In its latest country focus report authored by…
The North Dakota’s City of Williston continues exploring and adopting the cryptocurrency industry by elevating a crypto automated teller machine (ATM) in its international airport. The city’s administration officially announced the installation of the “government-hosted cryptocurrency kiosk” at the Williston Basin International Airport, allowing passengers and non-travelers to buy and sell 40 digital currencies. The list of supported coins includes…
Today, Maple Finance and Alameda Research launch the first on-chain syndicated loan vehicle in the decentralized finance (DeFi) space. Built by blockchain capital marketplace Maple Finance, the new lending vehicle will be used by quantitative crypto trading firm Alameda Research, (founded in 2017 by FTX’s Sam Bankman-Fried), to lend crypto from a single-borrower lending pool to accredited non-U.S. institutions around…
SevenX Ventures is a community and research-driven blockchain investment firm built alongside entrepreneurs. They invest in blockchain startups and projects shaping the future of open finance and decentralized networks. Their portfolio covers more than 100 projects, including DeFi (DODO, Zerion), NFT (Whale, AlchemyNFT), Polkadot ecosystem (Acala, Litentry), AR ecosystem (Koii, Everpay), Near ecosystem (Aurora, Octopus), Web3.0 (YGG, Mask Network), etc.…
Bitso, a major Latin American cryptocurrency exchange, is collaborating with the USD Coin (USDC) stablecoin operator Circle to launch a new cross-border payment tool between Mexico and the United States. The company announced on Thursday that the integration with payment solutions from Circle aims to provide Mexican people with a new option to send and receive payments to or from…
Crypto.com’s native cryptocurrency CRO hit an all-time high of $0.593 on Nov. 18 after the company won the naming rights to Los Angeles’s Staples Center. The cryptocurrency trading platform announced Tuesday night that it had paid $700 million to the Anschutz Entertainment Group (AEG) to rename Staples Center to Crypto.com for the next twenty years. In doing so, it gained links with the…
