finance Archives - Page 124 of 295

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

May 18, 2020cashtechnews

Top Chinese digital bank WeBank is partnering with OpenNodes to drive blockchain innovation among Singaporean universities. China’s top digital bank, WeBank, has partnered with OpenNodes, a distributed ledger technology (DLT) platform by Singapore’s Infocomm Media Development Authority. Through the new partnership, WeBank will provide the FISCO BCOS blockchain platform to Singaporean academics to innovate and […]

Non-Custodial Bitcoin to Ethereum Bridge Shut Down After Two Days

May 18, 2020cashtechnews

The team behind tBTC, a decentralized Bitcoin-to-Ethereum bridge, pulled the plug on the system after a yet-undisclosed bug was discovered by software developers. The team behind the tBTC project, an effort to bring Bitcoin (BTC) over to Ethereum (ETH) through decentralized custodians, shut down the bridge just two days after launching it. The decision was […]

Andreessen Horowitz Report: Crypto Not as Chaotic as it Appears

May 18, 2020cashtechnews

Top venture capital firm Andreessen Horowitz looked at four key metrics for three cycles of cryptocurrency showing consistent growth. Venture capital firm Andreessen Horowitz thinks the past growth of social media, developers, prices, and startups among cryptocurrencies could mean a crypto cycle favorable to investors in the future. The United States-based company released a report […]

Bitwala Teams Up With Celsius to Offer Interest to Hodlers

May 17, 2020cashtechnews

Blockchain banking app, Bitwala, has integrated with DeFi app Celsius to offer interest to Bitcoin hodlers. German blockchain banking firm Bitwala has partnered with pioneering decentralized finance, or DeFi, platform Celsius to offer annual interest on Bitcoin (BTC) holdings of up to 4%. Funds deposited from customers who opt to use Bitwala’s Bitcoin Interest Account […]

German Bank Partners With Singapore Fintech Consortium on Blockchain

May 17, 2020cashtechnews

German bank WEG has partnered with Anquan Capital to explore DLT applications in the banking and financial services industries. Ten31, the FinTech arm of Germany’s WEG Bank, has partnered with Singaporean technology incubator, Anquan Capital. While the entities have yet to detail the specific projects they’ll work together on, a press release announced that the […]

DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

May 16, 2020cashtechnews

Despite heavy losses in VC funding across the crypto sector at large, DeFi lending firms saw a more than 50% increase in fundraising during April. A report published by venture capital research firm, Ana.vc, has revealed a 57% decline in crypto funding from VCs over the month of April. Despite the decline in overall investment, […]

Qiwi Co-Founder Reissues $17M TON Investment as Loan to Telegram

May 16, 2020cashtechnews

Qiwi co-founder Sergey Solonin has confirmed that he is taking the option to reissue his $17 million investment in Telegram’s TON as a loan, repayable at 110% next April, over an immediate 72% refund. Sergey Solonin, co-founder of the Qiwi group, and TON investor to the tune of $17 million has decided to reissue his […]

How Cross-Chain Composability is the Future of Decentralized Finance

May 15, 2020cashtechnews

Decentralized finance faces a liquidity issue, but there are multiple solutions in the works that hope to tap into Bitcoin’s massive market cap. Decentralized Finance, or DeFi, has been making strides in providing tools for users to take control of their own money and truly be their own bank. However, the assets that power this […]

Debate Over Digital Privacy Amid Pandemic Remains ‘Archaic,’ Says Algorand Founder

May 15, 2020cashtechnews

Cointelegraph interviewed Alogrand founder and Turing Award recipient Professor Silvio Micali to discuss blockchain-based solutions to contact-tracing amid the coronavirus crisis. With some countries beginning to lift lockdown restrictions amid the coronavirus pandemic, many are focusing attention on the technological tools that can help public authorities to comply with the World Health Organization’s guidance for […]

Why Privacy Is the Main Issue in the Time of the COVID-19 Pandemic

May 15, 2020cashtechnews

Losing privacy may be a big concern in the response to the COVID-19 pandemic, but a new class of technology is positioning us well for a more anonymous future. Before the COVID-19 pandemic, privacy was already at a premium. Now, we’re facing a further dive into the uncharted territory of pervasive privacy intrusions. Targeted advertising […]

Tag: finance

China’s Top Digital Bank to Foster DLT Innovation in Singapore’s Universities

Non-Custodial Bitcoin to Ethereum Bridge Shut Down After Two Days

Bitwala Teams Up With Celsius to Offer Interest to Hodlers

German Bank Partners With Singapore Fintech Consortium on Blockchain

DeFi Lending Attracts VC Backing Despite Sharp Drop in Crypto Fundraising

Qiwi Co-Founder Reissues $17M TON Investment as Loan to Telegram

How Cross-Chain Composability is the Future of Decentralized Finance

Debate Over Digital Privacy Amid Pandemic Remains ‘Archaic,’ Says Algorand Founder

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