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South African Travel Fintech Turnstay Secures Funding for Regional Expansion from DCG, DFS Lab
18.7.2024
Venture capital firms DFS Lab and Digital Currency Group (DCG) recently invested $300,000 in Turnstay, a South African travel-focused fintech startup. Turnstay aims to simplify payment procedures for international travelers by leveraging a global network of compliant companies. New Investment...
NFTs poised for comeback despite sales drop say execs
18.7.2024
Despite a 45% drop in NFT sales during Q2 2024, Web3 professionals remain optimistic about the future of non-fungible tokens
BlockFi confirms July start for interim crypto distributions
18.7.2024
BlockFi clients are to note that client communications will exclusively occur via official email channels
LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
18.7.2024
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day
State Street eyes blockchain leap with stablecoin, deposit token: Report
17.7.2024
The global asset manager may be on its way to the forefront of settlement technology
OTC Crypto Spot Transaction Volume Surges 95% in H1 2024, Driven by Institutional Interest
17.7.2024
The over-the-counter (OTC) institutional cryptocurrency market saw a dramatic increase in spot transaction volume in the first half of 2024. A recent report by Finery Markets reveals a 95% year-over-year growth, highlighting a significant rise in institutional engagement. Institutional Interest...
CoinDesk 20 Performance Update: Mixed Results with XRP and ICP Leading
17.7.2024
The index rose slightly in overnight trading with half the assets trading higher, including notable gains in XRP and ICP
AI Preparedness Index: South Africa Best Prepared African Country; Nigeria Ranks Outside the Continent’s Top 7
17.7.2024
The latest International Monetary Fund (IMF) Artificial Intelligence Preparedness Index reveals that only seven African countries have preparedness indices of 0.4 or more. South Africa leads the continent with a score of 0.5, while the Republic of South Sudan (0.11) and the Central African Republic...
EU blockchain projects shifted ‘beyond the hype’ to practical applications: Report
17.7.2024
New INATBA report reveals EU blockchain projects have transitioned from hype to practical applications, enhancing various industries and public sector efficiency
EU blockchain projects shifted ‘beyond the hype’ to practical applications: Report
17.7.2024
New INATBA report reveals EU blockchain projects have transitioned from hype to practical applications, enhancing various industries and public sector efficiency
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
Nigerian police arrest crypto star in fraud crackdown
17.7.2024
As investigations proceed, the outcome of this case could set significant precedents for how cryptocurrency-related crimes are handled in Nigeria
UAE Blockchain and AI Startup Sentient Labs Secures $85 Million in Seed Funding
17.7.2024
Sentient Labs, a UAE-headquartered startup, has successfully raised $85 million in seed funding. The funding round was spearheaded by billionaire Peter Thiel’s Founders Fund and Pantera Capital, with additional participation from Framework Ventures. Sentient Labs stands out by merging decentralized...
Palau partners with Soramitsu on blockchain-based bond platform
16.7.2024
The Pacific island nation, with a population of 18,000, is a leader in the implantation of blockchain technology
MoonPay and Christie’s dip into AI-generated art with new ‘Web3 Tools’
16.7.2024
More bridges between Web3 and generative AI are being built as the luxury art auctioneer Christie’s and MoonPay unveil a new art experience at the eighth Art + Tech Summit in a unique gamified event
CoinDesk 20 Performance Update: NEAR and XRP Lead as Index Posts Modest Gain
16.7.2024
Gains by NEAR (7.8%) and XRP (2.2%) buoyed the CoinDesk 20 Index in overnight trading
Proof of funds technology seeks to replace exchanges’ reserves reports
16.7.2024
Data lake provider TRES is introducing a new mechanism to track exchange and custodian reserves, joining Chainlink and other solutions catering to institutional demand
Bitcoin indicators flash ‘greed and FOMO’ as ETF inflows top $300M
16.7.2024
Key Bitcoin sentiment indicators have quickly flipped into “greed” territory amid a sharp uptick in the crypto market and strengthening Bitcoin ETF inflows
Digital Asset Funds Achieve Record $17.8B Inflows in 2024, Reports Coinshares
15.7.2024
Digital asset investment products experienced significant buying activity last week, resulting in inflows of $1.44 billion. This brings the year-to-date total to a record $17.8 billion, far exceeding the 2021 figure of $10.6 billion, according to Coinshares. Record Inflows in Digital Asset Funds...
BlackRock's Larry Fink says he was wrong, calls Bitcoin digital gold
15.7.2024
BlackRock, the world's biggest hedge fund, currently has $10.6 trillion in assets under management and the largest Bitcoin investment fund