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Tag: financial relief

Bitfinex Unveils Zero-Fee P2P Trading in Argentina, Colombia, Venezuela

On October 11, 2023, Bitfinex, a leading digital asset trading platform, disclosed the initiation of a zero-fee trading facility for market takers on its...

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​​BlockFi Mistakenly Reveals Its $1.2B FTX Exposure

The situation at BlockFi could be worse than it appears.What Happened: Bankrupt crypto lender BlockFi mistakenly uploaded unredacted documents, revealing its $1.2 billion exposure...

Bitcoin in 2023: drop to $10k or surge to $250k?

It’s obvious to anyone paying attention that 2022 did not go as well as cryptocurrency holders hoped. More than $2 trillion worth of...

Amir Hemmat: CEO at Welcome Tech Explains How His Firm Assists Hispanic Population with Accessing Financial Services

Immigrants have been neglected by traditional banking and financial institutions. Our financial systems and related practices have been developed for a consumer who...

CBDCs – Preparing for Central Bank Digital Currencies

Sovereign governments may soon become the next group to adopt digital assets. Central Bank Digital Currencies (CBDCs) could become the latest, and perhaps most substantial tool, used to expand their monetary policies.  Dozens of governments have signaled their intent to explore and use CBDCs. Christine…

The post CBDCs – Preparing for Central Bank Digital Currencies appeared first on Kraken Blog.

U.K. Challenger Starling Bank Scores $376 Million in New Funding

In its biggest fundraising to date, U.K.-based challenger bank Starling Bank has secured ($376 million) £270m in funding. The Series D round...

Bitcoin’s Strong 2020 Could Bring A Bumpy 2021

Bitcoin proved its store-of-value narrative in 2020, but its growth could bring increased regulatory scrutiny in 2021.

The post Bitcoin’s Strong 2020 Could Bring A Bumpy 2021 appeared first on Bitcoin Magazine.

Fintech Lenders in Indonesia to Support Government with Disbursing Loans to SMEs as Part of COVID Relief Effort

Asosiasi Fintech Pendanaan Bersama Indonesia (AFPI), which is an association of 156 Fintech lenders, is reportedly planning to work cooperatively with the Indonesian...

U.S. Fintech PayActiv Raises $100 Million Through Series C Funding Round Le By Eldridge

PayActiv, a U.S.-based provider of employment-based holistic financial wellness services, announced on Thursday it secured $100 million through its Series C funding...

Fintech Is Emerging as a “Crucial Means of Support” for MSMEs during COVID-19, According to the First Circle Growth Finance Team

Benedict Carandang and Lee-Anne Tobias from First Circle Growth Finance, a company that offers financing services to qualified SMEs in the Philippines that...

Banks must deploy AI with urgency to save SMEs amid COVID-19

Government-led funding programmes are a vital pillar of support amid the current coronavirus (COVID-19) crisis. However, their effectiveness relies heavily on the ability...

FCA appoints LSE chief Nkihil Rathi as new CEO

The Financial Conduct Authority (FCA) has appointed Nikhil Rathi as its new chief executive officer (CEO) for at least the next five years. Rathi...

Email security challenges and BEC trends during the pandemic

COVID-related attacks increased 436% between the second and third weeks of March 2020, with an average 173% week-over-week increase during the quarter, according...

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