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Bitcoin price heads above $23.5K after highest EU inflation in history
18.8.2022
Inflation surprises keep coming, while the European central bank refuses to rule out even higher numbers in future
Meta Launches Horizon Worlds Metaverse App in Spain and France
18.8.2022
Meta, the social network company, has expanded the services of its flagship metaverse app, Horizon Worlds, to Spain and France. This move is part of the expansion plan of Meta to offer these services to more countries in Europe this year. While the app was available as an invite-only service...
British Fintech Revolut Granted Crypto License in Cyprus
18.8.2022
U.K.-based digital bank Revolut has been authorized by Cyprus to provide cryptocurrency services to millions of customers on the Old Continent. The fintech firm says the regulatory approval will allow it to establish a European crypto hub in the island nation. Revolut to Expand Crypto Services...
European Central Bank addresses guidance on licensing of digital assets
17.8.2022
Specifically, the ECB will consider crypto firms’ business models, internal governance, and “fit and proper” assessments which apply to licensing other companies
Český startup Oddin.gg poskytuje kurzy sázení na esporty, získal přes sto milionů
17.8.2022
Český startup Oddin.gg v rámci series A získal investici 4,5 milionu dolarů, tedy přes sto milionů korun. Jde o další z rostoucího množství investic do profesionálního hraní videoher. Oddin.gg poskytuje sázkovým kancelářím data a kurzy ohledně esportových zápasů. Spolupracuje například s Betway...
․bit Raises $13M to Build Cross-Chain Decentralized Identity Protocol
15.8.2022
bit (did.id) has raised $13 million to build a cross-chain decentralized identity protocol. The Series A round, completed one year after the startup’s launch, was from CMB International, HashKey Capital, QingSong Fund, GSR Ventures, GGV Capital, and SNZ. .bit’s open-source blockchain protocol will...
Leading European Tire Retreader Vaculug to Accept Crypto Payments
15.8.2022
Vaculug, a British company that brands itself as Europe’s largest independent tire retreader, will now accept cryptocurrencies for its products and services. Its management says the business must move with the times and offer customers more options than pounds and pence. Vaculug to Take...
EU Parliament’s Rapporteur on MiCA Crypto Law Stefan Berger Sells Pair of Slides as NFT
15.8.2022
“Freedom in a wallet” is how Member of European Parliament Stefan Berger describes the non-fungible token (NFT) he is now selling on Opensea. The NFT represents a pair of ‘Bergoletten’ slides. Shoes symbolize the first step in every development, says Berger who invested...
US Venture Capital Firm Leads New Investment in Nigerian Startup Teamapt
14.8.2022
The United States-based venture capital (VC) firm, QED Investors, recently led an investment round that raised more than $50 million for the Nigerian fintech Teamapt. The investment, as well as the VC firm’s hiring of personnel tasked with spearheading its investments in Africa, seem...
Built to fall? As the CBDC sun rises, stablecoins may catch a shadow
12.8.2022
Will central banks allow stablecoins to survive? Maybe as a financial instrument for the unbanked or they will be able to peacefully co-exist?
EU Official Says Europe’s MiCA Bill Would Prevent ‘Schemes’ Like Terra From Happening
10.8.2022
SEOUL, South Korea – A European Union official told attendees at the Korea Blockchain Week conference in Seoul on Tuesday that the Terra collapse would have been impossible under the regulatory requirements laid out in the EU’s Markets in Crypto Assets (MiCA) bill
Native Payment Infrastructure, Airswift, Raises $2M in Pre-Seed Funding Led by CE Innovation Capital
8.8.2022
PRESS RELEASE. Vancouver, August 8, 2022 – Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding round led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around...
The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000
8.8.2022
This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during...
Dvě mouchy jednou ranou. Biotechnologický startup vyrábí protein do krmiv z oxidu uhličitého
7.8.2022
Pomocí fermentace plynu se mění CO₂ z průmyslových emisí do jednobuněčného proteinu použitelného v krmivech
Soaring Inflation Puts Central Banks on a Difficult Journey
5.8.2022
Tobias Adrian is the Financial Counsellor and Director, and Christopher Erceg and Fabio Natalucci are Deputy Directors at the International Monetary Fund (IMF)'s Monetary and Capital Markets Department.__________...
Read More: Soaring Inflation Puts Central Banks on a Difficult Journey
Global Professionals Increasingly Interested In Bitcoin & Crypto Payments - Report
5.8.2022
The ongoing market downturn has not discouraged professionals from taking payment in cryptoassets, as indicated by the latest report released by global payroll specialist Deel.
In the first half of 2022, crypto payments represented 5% of wages collected by cross-border professionals, up from...
Binance Card users now have access to XRP, SHIB and AVAX
5.8.2022
Binance Card owners now have access to 14 supported cryptocurrencies, including XRP, AVAX and SHIB, among others
Portuguese Banks Close Accounts of Crypto Exchanges, Media Reveals
5.8.2022
Major Portuguese banks have started closing or refusing to open accounts for cryptocurrency platforms such as exchanges, according to media reports. The move threatens to tarnish the country’s image as one of Europe’s most crypto-friendly destinations, a haven for bitcoin enthusiasts....
CBDC Could Be ‘Holy Grail’ of Cross-Border Payments, ECB Says, Sees Bitcoin as Less Credible
4.8.2022
Several solutions can potentially improve cross-border payments significantly and central bank digital currency (CBDC) could be the “holy grail,” according to the European Central Bank (ECB). In a new report, the eurozone’s monetary authority also claims stablecoins, among...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product
3.8.2022
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the startup launched a new product called Stablesats, a stablecoin concept that leverages...