Fintech Insiders, 3F DMCI Homes Corporate Center 1321 A. Apolinario Street , Makati City 1233 Metro Manila (2024)

04/06/2023

On Thursday, the firm moved a total of 291,000 ETH, worth $553 million, into staking contracts, according to a Dune Analytics chart by 21Shares. A total of 192,000 tokens were deposited into the Celsius staking pool, while 99,000 tokens were staked with Figment, Wan reported. Source link

On Thursday, the firm moved a total of 291,000 ETH, worth $553 million, into staking contracts, according to a Dune Analytics chart by 21Shares. A total of 192,000 tokens were deposited into the Ce…

04/06/2023

SYS Labs has scheduled the Rollux mainnet launch date as June 28, 2023. Rollux is an EVM-compatible Layer-2 scaling platform. The mainnet launch is expected after a successful testnet and positive feedback from the community. SYS Labs has announced the mainnet release of its EVM-L2 scaling platform Rollux will be on June 28, 2023. Rollux is an Optimistic rollup fork and will deliver the key features the…...

SYS Labs has scheduled the Rollux mainnet launch date as June 28, 2023. Rollux is an EVM-compatible Layer-2 scaling platform. The mainnet launch is expected after a successful testnet and positive …

02/06/2023

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount of ETH staked in May does not include withdrawals and is more than twice as big as the second-highest amount registered in February 2022. Monthly amount of staked Ether since November 2020. Source: Dune…...

The number of staked Ether (ETH) in May reached a new all-time high of 2.96 million ETH, approximately 2.46% of the total supply. The amount of ETH staked in May does not include withdrawals and is…

02/06/2023

Coinbase Derivatives Exchange will launch Bitcoin (BTC) and Ethereum (ETH) futures contracts for institutional traders on June 5, according to a June 1 statement. The exchange said its decision to launch these new contracts was influenced by the increasing institutional interest and demand for advanced derivatives products after the success of its nano BTC and ETH contracts....

Coinbase Derivatives Exchange will launch Bitcoin (BTC) and Ethereum (ETH) futures contracts for institutional traders on June 5, according to a June 1 statement. The exchange said its decision to …

01/06/2023

Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border context,” in which 10,000 crypto protocols vie for the lightest possible regulation, added the document, though its findings aren't a formal position of the European Parliament. Source link

Without changes, “we are skeptical that MiCA will have positive short-term effects given the difficulties of enforcing its rules in an opaque cross-border context,” in which 10,000 crypto protocols…

01/06/2023

Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud Aziz and Ahmed Shafik (who previously worked at sunday, Revolut and Koho), Toronto, Ontario-based Vault says its mission is to “revolutionize” the banking experience for Canadian entrepreneurs and SMBs by giving them a place “to manage their money more efficiently and effectively while saving on costly banking fees.”...

Vault, an online banking platform serving small-to-medium sized business (SMBs) in Canada, is launching to the public today after raising $3.7 million in seed funding. Founded in late 2021 by Saud …

01/06/2023

UK challenger bank Tandem has reported its first full year of underlying profit, joining fellow challengers Monzo and Starling on the path to profitability.
The bank booked a 128% uplift in retail deposits from £771m to £1.75bn across over 60,000 customers and reported 381% revenue growth. All told, Tandem generated over £71m worth of income, resulting in a £4.5m underlying operating profit and statutory loss before tax of £12.4 million....

UK challenger bank Tandem has reported its first full year of underlying profit, joining fellow challengers Monzo and Starling on the path to profitability. The bank booked a 128% upli…

01/06/2023

The Tether (USDT) stablecoin has hit a new all-time-high (ATH) market capitalization of over $83 billion as its market dominance continues. The new ATH market cap for USDT comes in a year when other stablecoin issuers struggle to stay afloat due to regulatory woes. The same was pointed out by cryptocurrency exchange Binance’s CEO Changpeng “CZ” Zhao. USDT market cap chart....

The Tether (USDT) stablecoin has hit a new all-time-high (ATH) market capitalization of over $83 billion as its market dominance continues. The new ATH market cap for USDT comes in a year when othe…

01/06/2023

The Swiss-based non-profit said the funding was led by CMCC Global and backed by Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, and NGC. Anoma will use the funds to accelerate development of its third-generation intent-centric blockchain architecture. In recent weeks, Anoma has submitted proposals to airdrop its NAM token to Zcash and Osmosis holders. Anoma Foundation, the Swiss-based non-profit behind L1…...

The Swiss-based non-profit said the funding was led by CMCC Global and backed by Electric Capital, Delphi Digital, Dialectic, KR1, Spartan, and NGC. Anoma will use the funds to accelerate developme…

31/05/2023

The deal is set to boost asset manager Franklin’s growth in retirement sector. Source link

31/05/2023

Air Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed NFTs marketplace. Air Nippon Airways partnered with its subsidiary ANA Neo to develop the platform. Air Nippon Airways is currently expanding into Web3. The largest airline in Japan, Air Nippon Airways (ANA), has today launched an aeronautical-themed non-fungible tokens (NFTs) marketplace with its subsidiary ANA Neo. The NFT marketplace is part of the airline’s ongoing forays in trying to connect airlines with Web3…...

Air Nippon Airways (ANA), the largest airline in Japan, launched an aeronautical-themed NFTs marketplace. Air Nippon Airways partnered with its subsidiary ANA Neo to develop the platform. Air Nippo…

31/05/2023

Standard Chartered, together with the Singapore FinTech Association (SFA) as its knowledge partner, have today published the ‘Deepening Sustainability with DLT’ paper that explores how different stakeholders can work together to improve payment transparency in supply chains.
The paper advances knowledge on complex topics such as Distributed Ledger Technology (DLT) and how it can be used in supply chain payments for corporates, financial institutions and their corresponding ecosystems....

Standard Chartered, together with the Singapore FinTech Association (SFA) as its knowledge partner, have today published the ‘Deepening Sustainability with DLT’ paper that explores how diffe…

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