Ukraine’s Tascombank Pilots Stellar-based E-hryvnia
Tascombank, one of the oldest banking institutions in Ukraine, has completed the pilot testing of a digital currency based on the Stellar network. The bank believes that its electronic money…
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Alameda Research liquidators lost $72K during fund consolidation attempt
The loss occurred while Alameda Research’s liquidators were attempting to close a borrow position on Aave but instead removed the extra collateral used for the position.
Chinese Billionaire Jack Ma Agrees to Cede Control of Fintech Giant Ant Group
Chinese billionaire Jack Ma recently agreed to give up control of Ant Group as part of changes to the fintech’s corporate structure, which will supposedly not have an impact on…
Jack Ma surrenders control of fintech giant Ant Group
After founding Ant Group in 2014, Chinese billionaire Jack Ma is now ceding control of the company as part of Ant’s corporate structure changes.
Fintechs Accounted for Over 30% of Tracked Kenyan Tech Startups in 2022 — Study
As of November 2022, Kenyan fintechs accounted for 30.2% or 93 out of the 308 tracked tech startups, a Disrupt Africa study recently found. In addition, the study findings show…
Crypto Exchange Upbit Logo to Appear on Italian Soccer Club Napoli’s Jerseys
Shirts worn by the players of the Italian soccer team Napoli will display the logo of cryptocurrency exchange Upbit. The arrangement is part of a sponsorship deal with Dunamu, the…
Blockchain fintech GammaRey signs $320M merger agreement
GammaRey said it has nearly $800 million in consumer assets.
Mobile Payments Outpacing Debit Cards in Argentina According to Central Bank Reports
Mobile payments are thriving in Argentina, leaving behind other traditional payment methods, including credit and debit cards. According to the central bank’s monthly report on retail payments, this kind of…
Is DeFi back? GMX rallies toward all-time high and LOOKS price gains 30%
GMX and LOOKS price pulled off double-digit rallies in the last week as former BitMEX CEO Arthur Hayes revealed his investment thesis for both projects.
Report: Chipper Cash Valuation Dropped to $1.25 Billion After it Secured Additional Funding From FTX
After Chipper Cash ended 2021 as one of Africa’s most valued fintechs, the FTX-backed startup’s valuation dropped from $2 billion to $1.25 billion after it reportedly received a $35 million…
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