Startup Finturi has secured $2.2 million to let businesses secure loans against invoices with blockchain and AI. Dutch blockchain startup Finturi has secured 2 million euro ($2.2 million) to enable businesses to secure loans against invoices via blockchain tech, the company tweeted on March 12. Founded in September 2018, Finturi aims to help businesses finance […]
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The crypto market cap has not been making new lows recently, which is the first indication of a bottom formation. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when […]
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Decentralized Autonomous Organization MakerDao will raise the DAI stability fee by 2% to 3.5%, according to the results of a recent vote. Users of blockchain organization MakerDao (Maker) have voted to raise the so-called stability fee for Maker’s Dai (DAI) stablecoin to 3.5 percent, according to the results of a recent poll, completed on March […]
Continue ReadingThe plans, which would continue a practice begun in February, aim to shore up the exchange rate of USD-pegged Dai. Decentralized Autonomous Organization (DAO) MakerDao (Maker) will let users vote on whether or not to raise a fee used within its Dai (DAI) stablecoin, the organization confirmed in a blog post on Mar. 4. Dai, […]
Continue ReadingDebate has been raging on whether cryptocurrencies with a fixed supply are good or bad. Do they increase prices and demand, or stymy spending? So is crypto actually a currency? This is open to interpretation. While some crypto startups have sought to ensure that their tokens can be used to buy something specific — whether […]
Continue Readingsponsored A crypto lender that offers consumers an instant credit line says it has processed more than $300 million in seven months, making a net profit of $3 million. A crypto lender offering instant loans in more than 45 fiat currencies says it has amassed more than 170,000 users — with $300 million processed over […]
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Fintech startup Figure, which was founded by SoFi founder Mike Cagney, has reportedly raised $65 million from major venture capital funds. A blockchain-based home equity loan platform, Figure, has raised $65 million from various major financial and venture capital firms, tech news site TechCrunch reports on Feb. 27. The firm, which was founded by SoFi […]
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The Bank of Lithuania has updated its position on cryptocurrencies and ICOs, but left its underlying principles unchanged. The Bank of Lithuania has updated its position on virtual assets and initial coin offerings (ICOs), according to an announcement published on Feb. 14. The Bank of Lithuania initially issued a document detailing its position towards ICOs […]
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Two blockchain-related bills have been passed in the U.S. state of Wyoming. Two blockchain-related bills — on tokenization and issues with compliance — have been passed in the United States state of Wyoming on Feb. 19, according to the official website of the state legislature. As Cointelegraph reported, the bill on tokenization, House Bill 185, […]
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Banco Bilbao Vizcaya Argentaria has announced the use of blockchain technology for the bank’s first such issuance of a green bond. Spain’s second largest bank, Banco Bilbao Vizcaya Argentaria (BBVA), has announced the launch of the first blockchain-backed platform for structured green bonds. The news was announced in a press release published on Feb. 19. […]
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