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Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
1.8.2024
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period
Jack Dorsey’s Block sees Bitcoin revenue grow 9% to $2.6B
1.8.2024
Block’s Bitcoin revenue exceeded $2.61 billion during the second quarter of 2024, contributing to a total net revenue of $6.16 billion for the period
Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC
27.7.2024
Tecban, a fintech that provides interconnection technology for banks, has launched a tokenization and associated services platform called Nexchain. This platform facilitates the process of placing assets on the blockchain for third parties as part of the Drex pilot. The platform will be launched...
How decentralization could have prevented the global Microsoft meltdown
26.7.2024
The recent Microsoft failure shows how vulnerable centralized systems are
Latvia's economic shift: Minister of Economics on crypto law and blockchain innovations
25.7.2024
Latvia’s Minister of Economics Viktors Valainis shared insights on the country's vision for a tech-driven future and new crypto laws and blockchain initiatives aimed at transforming its economy
Egyptian Fintech Unicorn Secures $157.5 Million In Latest Funding Round
25.7.2024
The Egyptian fintech giant MNT Halan has raised $157.5 million to fund its regional expansion. Mounir Nakhla stated that MNT Halan’s planned international expansion will happen through mergers, acquisitions, and partnerships. MNT Halan Targets Pakistan The Egyptian fintech giant, MNT Halan,...
Why Nigeria’s blockchain success hinges on private sector expertise
25.7.2024
As governments globally, including Nigeria, navigate the complexities of blockchain adoption, insights from industry leaders like YellowCard provide crucial guidance
Revolut secures UK banking license after three-year wait
25.7.2024
Revolut secured a UK banking license after a three-year regulatory process, marking a significant milestone in its expansion and solidifying its position in the home market
Mercury Bank Blocks Fintech Founders From Nigeria, Ukraine, and a Dozen More Countries
24.7.2024
The U.S.-based fintech company, Mercury, will offboard startups whose founders reside in or whose businesses are headquartered in 14 African countries and six non-African states. Mercury CEO Immad Akhund stated that this decision impacts customers whose deposits constitute less than 1% of Mercury’s...
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
Nigeria to train 1,000 youths on AI, blockchain every year
24.7.2024
The Nigerian government has launched an annual training program for 1,000 citizens in AI and blockchain to position Nigeria ahead of global economies and foster innovation
South African Startup Neonomad to Launch Rand-Backed Stablecoin
24.7.2024
Neonomad, the South African hybrid exchange platform, is set to launch Zarcoin, a stablecoin tied to the South African Rand. This innovative stablecoin epitomizes the seamless integration of regulatory safety with decentralized efficiency. Neonomad’s platform will also facilitate multiple...
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
23.7.2024
Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO
iFX EXPO International 2024: The Ultimate Event for FX and Fintech Leaders
22.7.2024
iFX EXPO International 2024 has once again cemented its status as the online trading industry’s supreme stomping ground for pros and leaders from both FX and fintech. The event was a beacon for business collaboration and networking – a haven for growth and development for participants...
Singapore commits $74.3M for quantum and AI in finance
22.7.2024
MAS injects funds to enhance quantum computing and AI in Singapore’s finance sector, supporting local institutions with substantial co-funding
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
Nigerian crypto star out on bail following police detention
20.7.2024
Industry watchers are closely monitoring the case for signs of how Nigerian authorities will handle similar cases, which could impact the country’s growing cryptocurrency sector
HK bank supports nation's regulatory goals with reserve services
19.7.2024
This development aligns with the city’s regulatory goals and represents a forward-thinking approach to integrating traditional banking with cutting-edge financial technologies
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...
Nigeria begins review of its blockchain technology policy
17.7.2024
The steering committee’s work is actively toward Nigeria taking a leadership position in African blockchain development