Managers of Wealth Fintech

Web3 Blockchain XPLA Approves Proposal to Support Holders Tied to FTX

A total 19.6 million $XPLA will be transferred to the reserve wallet, which is then used to bail out affected investors.

Russia’s Biggest Bank Set To Launch Its DeFi Platform By May

Sberbank is Russia’s largest bank and the third largest bank in Europe, with its assets under management in 2021 fixed at $559 billion.

Bitcoin Is Slipping Back. Why This Week Could Be a Big Test.

While Bitcoin remains around just a third of its late-2021 high, it is now firmly above the two-year lows of the bear market, around $15,500, seen late last year.

Membrane Finance rolls out EU-regulated crypto stablecoin

EUROe transforms a fiat Euro into a 1:1 pegged digital currency transactable on Ethereum

Enterprise AI Is Moving Beyond Data Science And Into Every Decision

A significant shift has taken place over the past few years in the way enterprises are deploying AI.

Crypto Lessons From 2022 The Industry Should Avoid in 2023

On January 1st 2023, the market capitalisation of the entire crypto industry stood at US$829 billion, nearly two-thirds (64.1%) less than the US$2.3 trillion market cap that started off 2022.

82% of millionaires seek advice on crypto as Bitcoin soars

The price drops came as investors reduced their exposure to risk-on assets, including stocks and crypto, due to heightened concerns about inflation and slower economic growth.

Japan Securities Clearing Corporations implements blockchain for settlement of rubber futures

Going forward, the delivery method will migrate to an on-line exchange of a token recording the delivery order information using blockchain technology.

UK Treasury is on the hunt for a head of central bank digital currency

The newest member of the payments and fintech team will set the “strategic direction” for work on a possible CBDC.

AI company raises £1.5m to roll out social housing platform

The latest round will enable Pivigo to create new jobs, boost its sales and marketing, and roll out the product to more social landlords.

Mastering the AI advantage: how DBS transformed into a digital leader

DBS recorded a record third quarter and 9M performance amidst the most challenging of circumstances reports Douglas Blakey

In Vietnam, One in Five Own Crypto

The crypto news website attributed that to the fact that there are no crypto taxes in Vietnam and given a wide swath of the population remains unbanked, having limited access to financial services.

Moody's preps stablecoin scoring system

Tether, which has $67 billion of dollar-pegged stablecoins in circulation, was fined by US authorities in 2021 for lying about its reserves

Finma Listed as FTX Creditor

Lawyers for insolvent crypto exchange FTX have filed the full list of creditors with the US Bankruptcy Court in Delaware.

HMRC’s open banking payments via Ecospend hits £10.5bn

With £123m via HMRC’s mobile app alone.

Finma doesn’t know why it is listed as an FTX creditor

A spokesperson for the Swiss regulator says it has no outstanding invoices in the crypto exchange’s name.

OneSpan snaps up Aussie blockchain tech provider, ProvenDB

ProvenDB has been at the forefront of developing secure storage, leveraging blockchain technology that adds a layer of security to prevent data tampering or alteration of documents.

Virtual assets outlook: Hong Kong expected to develop a thriving fintech ecosystem over the coming year

Leading companies in the world of virtual assets and Web3 set an optimistic mood for the industry

Bitcoin Suisse reshuffles management and reduces staff

The company shake-up is aimed at promoting sustainable growth.

How artificial intelligence is changing the face of banking

AI is gaining traction across many different industries and its use in finance is now transforming the banking system, offering better and more targeted products and services to customers

Bitcoin, Blockchain & AI