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ALL FINTECH NEWS

Despite BTC Drop $10k, Top Ethereum DeFi Coins Undergo Strong Bounce

On Tuesday morning, Bitcoin once again dropped under $10,000 and Ethereum pushed lower. After a poor open in legacy markets, including gold, the leading cryptocurrencies …

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At least 3 nations to replace their currency with CBDC by 2030: report

The digital yuan will not unseat the U.S. dollar — at least not right away. Three to five nations worldwide will entirely replace their fiat …

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Security Firms Warn of Potential DeFi Exit Scam After $2.5M in ‘Locked’ Cryptos Moved

Two blockchain security firms have warned that the creators of a DeFi contract on the EOS network may have fled with users’ funds.

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NFL is ‘Dead’ to Eric Trump, But Cowboys are America’s Team Once Again

NFL is ‘Dead’ to Eric Trump, But Cowboys are America’s Team Once Again CCN.com – News & Blazing Op-Eds Eric Trump declared football dead after …

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Bangladesh to get its first blockchain remittance service

Standard Chartered Bank has launched the first remittance service in Bangladesh. The South Asian nation of Bangladesh will soon get its first blockchain remittance system …

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Grab in talks for $300-500m AIA & Prudential investment

Grab, the Singapore-based ride sharing turned “super app”, is in “advanced investment talks” with major insurance firms Prudential and AIA Group, according to Reuters. The …

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TrueMoney partners with Thunes to activate global remittances

Thailand-based fintech firm TrueMoney has signed a partnership with cross-border payments firm Thunes to expand its remittance network. Thunes operates with 100 payments partners globally …

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Alameda Research Co-Leads $1.8M Seed Round for DeFi Protocol Linear Finance

NGC Ventures, Hashed, CMS Holdings, Genesis Block and Kenetic Capital also led the round.

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US Department of Justice mulls changes to bank merger legislation

The US Department of Justice (DOJ) is considering changes to its regulations regarding bank mergers and antitrust guidelines. US merger guidelines haven’t been altered since …

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Court Denies Bitmain $30M in Damages From Co-Founders of Rival Poolin

A court in China has denied an appeal by bitcoin mining giant Bitmain seeking $30 million in damages from the three co-founders of mining pool …

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UK Finance scheme stops £19m of fraud in 2020

The Banking Protocol, an anti-fraud initiative from trade association UK Finance, claims to have stopped more than £19 million of fraud in 2020 so far. …

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Binance Coin (BNB) Above $24 Could Spark A Significant Rally

Binance coin price is up over 5% and it is outperforming bitcoin against the USDT. BNB could rally further to a new monthly high if …

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Chile’s BancoEstado falls victim to ransomware attack

BancoEstado, one of Chile’s largest banks, shut down all its branches on Monday after it fell victim to a ransomware attack at the weekend. Responsible …

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Funding Societies Appoints Ex-GoBear Co-Founder as CFO

P2P financing platform Funding Societies, announced today, key additions to its executive team including former GoBear Co-Founder, Frank Stevenaar as its first Chief Financial Officer. …

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PSP fintech Mollie joins unicorn club with €90m Series B funding round

Mollie, an Amsterdam-based payments service provider (PSP), has landed unicorn status with a €90 million ($100 million) Series B led by Revolut backer TCV. The …

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Banking Technology September issue out now

Tipping point The latest edition of our flagship magazine – Banking Technology – is out now, packed with news, analysis and insights, case studies, research and …

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NFT market’s RARI token sees 100% gain after CoinFund investment

NFT marketplace Rarible has received an undisclosed investment from CoinFund amid a transition to community governance New York-based crypto investment firm CoinFund has made an …

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This Simple Technical Pattern Could Resend Ethereum Above $350

Ethereum is struggling to gain momentum above $340 and $350 against the US Dollar. ETH price could start a strong increase if it clears the …

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A recap of last week’s ‘DeFi Marathon’ hosted by CT China

China looks into DeFi. Cointelegraph China’s DeFi Marathon invited global DeFi projects, venture capitalists, and influential individuals to join a three-day online decentralized finance themed …

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Huawei Developer Conference 2020 to Discuss HarmonyOS, HMS Core 5.0, EMUI 11, Fintech, and More

From September 10 to 12, 2020, Huawei will be hosting its annual developer conference, a multi-day event expected to bring together more than 400 industry …

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US lags behind Russia and China for crypto adoption: Chainalysis

Ukraine beats Russia, China, and more in adoption metrics according to new research from Chainalysis. Recent data published by Chainalysis revealed a surprising first place …

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This European Crypto Exchange Was Just Hacked for $5 Million

In the first crypto exchange hack of this bull market, a European crypto exchange was hacked for around $5 million. Only the exchange’s “hot” wallets …

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Venezuela Blocks Access to Coinbase and Remittance Service MercaDolar

Venezuela has blocked access to Coinbase and MercaDolar, cryptocurrency and fiat remittance platforms respectively, alongside two VPN providers.

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Glassnode report suggests the fair value of SUSHI is just 31 cents

Research into Sushi prices and economics indicate it is still overvalued and unlikely to reach its all-time high again. Research by on-chain analytics provider, Glassnode, …

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NYAG Asks Court for New Order to Make Bitfinex Turn Over Tether Loan Documents

The New York Attorney General’s office wants Tether and Bitfinex to immediately turn over documents detailing a $900 million line of credit.

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Bitcoin Exchange Activity Now Accounts for 20% of All Miner Fees

Centralized exchanges are playing a decreasingly important role within Bitcoin network activity, which is highlighted by the number of fees that stem from transactions taking …

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Most New Customers at Japanese Exchange BitFlyer Are in Their 20s

More than 30% of new customers at bitFlyer, a major Japanese crypto exchange, are in their 20s, the exchange said.

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DeFi goes boom as top tokens crash by 50% in one week

The recent crypto market crash has wreaked havoc on DeFi tokens, with with 95% of DeFi assets posting a seven-day loss The decentralized finance (DeFi) …

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Crypto meetups are dangerous to health and wealth, South Koreans warned

The warning is not just because of the coronavirus pandemic. The government of South Korea has issued warnings to the public to avoid real life …

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“Weak Hands” Have Been Shaken Out On The Bitcoin Crash To $10,000

Bitcoin price this past week collapsed from the 2020 high of over $12,400 to under $10,000. More than seven distinct drops to below $10,000 have …

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Brave browser adds new tricks to protect crypto users from phishing attacks

The privacy-based browser is adding anti-phishing solutions from PhishFort. According to a Sept. 8 tweet from Brave, the privacy-based browser has incorporated open source solutions …

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The PRIIPs EU stalemate: the story so far

The packaged retail investment and insurance products (PRIIPs) regulation is a piece of EU legislation with troubled origins. As a market worth roughly €10 trillion, …

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Bitcoin Needs to Bounce Here Or It May Not Be a “Proper Bull Market”

Bitcoin has resumed its descent to the downside as legacy markets have opened in the red once again. The leading cryptocurrency has been flirting with …

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McDonald’s Needs a Role Model – Instead They Got Travis Scott

McDonald’s Needs a Role Model – Instead They Got Travis Scott CCN.com – News & Blazing Op-Eds McDonald’s collaboration with Travis Scott and his shady …

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No, a quantum computer won’t instantly reward you with 69,000 Bitcoins … yet

The latest quantum computer may not help unlock lost Bitcoin — at least, not yet. A Bitcoin wallet with nearly $700 million is up for …

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Cristiano Ronaldo Is Becoming the GOAT as Lionel Messi Gets Distracted

Cristiano Ronaldo Is Becoming the GOAT as Lionel Messi Gets Distracted CCN.com – News & Blazing Op-Eds Cristiano Ronaldo scored his 100th and 101st international …

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Arca to Gnosis: Show Us a Turnaround Plan or Give Investors’ Money Back

In addition to wads of cash and the aura of respectability, institutions are bringing Wall Street’s activist investing strategies to crypto markets.

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Ethereum Remains in Bears’ Control Until it “Powers Above” Key Level

Ethereum has seen a sharp rebound from its recent lows today, with bulls and bears remaining engaged in a heated battle for control over its …

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Bitcoin Just Surged $300 in Two Minutes, Liquidating Millions

Wow. In the span of two minutes, Bitcoin (BTC) spiked $300 from the $9,920 to slightly above $10,200. The leading cryptocurrency proceeded to drop by …

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Is ‘The Kissing Booth’ Star Jacob Elordi the Next Hollywood Playboy? 

Is ‘The Kissing Booth’ Star Jacob Elordi the Next Hollywood Playboy?  CCN.com – News & Blazing Op-Eds “The Kissing Booth” star Jacob Elordi might be …

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DeAndre Hopkins’ Historic Contract Proves Bill O’Brien Was Right

DeAndre Hopkins’ Historic Contract Proves Bill O’Brien Was Right CCN.com – News & Blazing Op-Eds DeAndre Hopkins’ historic contract extension with the Arizona Cardinals proves …

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Dave Portnoy shrugs off $700K stock loss, weeks after crying over $25k Bitcoin dump

Davey Day Trader is down almost $1 million in stocks today. Dave Portnoy, Barstool Sports’ founder, admitted he lost $700,000 trading stocks on Sept. 8, …

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‘Struggling’ Bitcoin sets a new all-time hashrate record, breaking the 150 TH/s plateau for the first time

“In Bitcoin we trust”, say miners unfazed by the market. Bitcoin’s price decreased by $2,000 in the past few days, yet the network’s hashrate has …

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Interest in Colin Kaepernick Was ‘Fake’ – Just like His Madden 21 Rating

Interest in Colin Kaepernick Was ‘Fake’ – Just like His Madden 21 Rating CCN.com – News & Blazing Op-Eds Colin Kaepernick is a glorious activist, …

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Chainlink is “Replicating” Its Previous Bullish Cycle, But It May Still Plunge Lower

Chainlink, like many major altcoins, has witnessed incredibly mixed price action in recent weeks. The cryptocurrency’s general trend has been largely dependent on that of …

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Crypto Investors Have Ignored Three Straight 51% Attacks on ETC

Three 51% attacks on the Ethereum Classic network have not yet made a significant impact on the price of its cryptocurrency.

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LedgerX exchange launches physically settled Bitcoin mini futures

Regulated Bitcoin futures exchange LedgerX has launched physically-settled BTC futures contracts. LedgerX, a regulated futures exchange in the U.S., has introduced physically-settled Bitcoin (BTC) futures …

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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher

Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. …

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Morgan Stanley exec says this demographic prefers Bitcoin over gold

“Millennials are buying more of the Bitcoins and the cryptocurrencies,” says Ruchir Sharma. According to a Morgan Stanley executive, the young and adventurous usually go …

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Creator leaves SushiSwap in hot water as multisig revival is on the menu

SushiSwap’s community will take charge of the platform once it completes its migration to a multisignature contract from Uniswap. The high-risk environment around the decentralized …

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Dow Plunges 450 Points As Trump Talks Full “Decoupling” With China

Dow Plunges 450 Points As Trump Talks Full “Decoupling” With China CCN.com – News & Blazing Op-Eds The Dow Jones plunged on Tuesday as Donald …

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