Search Results for: cryptocurrency markets

Cryptocurrency News

CrypTo Investors Lost $3.5 Billion To Scammers In 2022, Privacy Affairs Study Reveals

Fintech News Desk
by Fintech News Desk0
Global cryptocurrency markets are reeling after the infamous FTX implosion burned an estimated $2 billion hole in investors’ pockets. But a new survey reveals that nearly DOUBLE that amount has been lost to scams and ‘rug-pulls’ across 2022. Cybersecurity and data privacy specialists from Privacy Affairs, in their round-up of Cryptocurrency Scams of 2022, cited......
Blockchain Digital News

Sei Partners With Graviton Concentrating Focus On The Burgeoning Indian Blockchain Market

Fintech News Desk
by Fintech News Desk0
Sei, the fastest Layer 1 blockchain purpose-built to give traders an unfair advantage, announced it has partnered with Graviton Accelerator, a web3 accelerator program focused on boosting the web3 ecosystem in India. In these turbulent times, Sei is doubling down on growth markets to bolster the developer ecosystem. Sei’s concentration......
Cryptocurrency DeFi News

XT.COM Lists GGCM In Its MAIN+Defi Zone

Fintech News Desk
by Fintech News Desk0
XT.COM, the world’s first socially infused trading platform, is thrilled to announce the listing of GGCM on its platform in the Main Zone. Both GGCM/BUSD and GGCM/BNB trading pairs will be open for trading from 2022-11-21 07:00 (UTC). GGCM is a TRC-20 token on the TRON Chain with a total supply of 500,000,000,000 (500 billion). GGCM aims......
Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times
Featured Fintech News

Finance in Africa 2022: Navigating the Financial Landscape in Turbulent Times

Sudipto Ghosh
by Sudipto Ghosh0
The financial landscape is changing at a rapid pace. Compared to the current fleet of modern technology companies focused on emerging capabilities in SaaS and Cloud computing, banking sector has weathered the pandemic well. In modern context of fintech-as-a-service, financial landscape is showing the resilience against competition and market expansion......
KOR Financial & CoinRegTech Deliver SaaS to Crypto Trade Reporting
Cryptocurrency News

KOR Financial & CoinRegTech Deliver SaaS to Crypto Trade Reporting

Fintech News Desk
by Fintech News Desk0
Cryptocurrency market under regulatory pressure for timely and comprehensive reporting. KOR Financial, a CFTC registered Swap Data Repository (“SDR”) and trade reporting service provider announces its partnership with CoinRegTech, a leading provider of regulatory technology to the digital asset and cryptocurrency marketplace. Their common goal is to deliver an industry-defining......
Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for June 2022
Blockchain News

Sphere 3D Corp. Provides Bitcoin Production and Mining Updates for June 2022

Fintech News Desk
by Fintech News Desk0
The Company produced 12.19 Bitcoin during the month Total Bitcoin holdings grew to 49.23 coins Operations achieved 128 BTC/EH efficiency Sphere 3D Corp. dedicated to becoming the leading carbon-neutral Bitcoin mining company operating at an industrial scale, provides results of its Bitcoin mining operation as of June 30, 2022. Latest......
BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility
Cryptocurrency News

BlockFi Signs a Landmark Term Sheet with FTX to Provide a $250 Million Credit Facility

Fintech News Desk
by Fintech News Desk0
Credit facility bolsters BlockFi’s balance sheet and underscores long-term stability BlockFi, a global crypto financial services company, announced that the company signed a term sheet with FTX to secure a $250 million USD revolving line of credit providing BlockFi with access to further capital. The proceeds of the credit facility are......
Bitfarms Executes Strategic Actions Increasing Financial Flexibility
Cryptocurrency Finance News

Bitfarms Executes Strategic Actions Increasing Financial Flexibility

Fintech News Desk
by Fintech News Desk0
Enters New Equipment Financing Agreement with NYDIG for US$37 Million Bitfarms Ltd., a global Bitcoin self-mining company, entered into an equipment financing agreement, with initial funding of US$37 million, with NYDIG ABL LLC (NYDIG). In addition, the Company reduced its US$100 million Bitcoin (BTC)-backed credit facility with Galaxy Digital LLC......
Digital Asset Management Platform Rooba Finance Raises $1.3 Million in Seed Round
Cryptocurrency Digital Asset Management Featured News

Digital Asset Management Platform Rooba Finance Raises $1.3 Million in Seed Round

Sudipto Ghosh
by Sudipto Ghosh0
Rooba Finance is a platform that enables businesses and institutions to support trade and custody digital assets securely Institutional Crypto & Digital Asset Management Platform Rooba Finance has raised $1.3 Million in a Seed round led by Inflection Point Ventures. It also saw participation from LetsVenture, Endurance Capital, KubeVC and......
Huobi Global Unveils Blockchain Ecosystem Investment Arm Ivy Blocks to Spur Industry Development
DeFi Investments News

Huobi Global Unveils Blockchain Ecosystem Investment Arm Ivy Blocks to Spur Industry Development

Fintech News Desk
by Fintech News Desk0
Huobi Global, one of the world’s leading digital asset exchanges, announced the launch of Ivy Blocks, a new and exciting DeFi and web 3.0 blockchain ecosystem investment arm. Ivy Blocks will focus on identifying and investing in promising blockchain projects to help unlock their growth potential, serving to boost innovation......
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