Author
1163 posts
Teuta Franjkovic
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Latest Articles
China Dethrones Jack Ma as Richest Person in Country
By Teuta Franjkovic
• 3 mins read
As of Thursday, Nongfu Spring founder Zhong Shanshan had a paper net worth of $57.2 billion, topping Tencent’s Pony Ma and Alibaba founder Jack Ma to become China’s wealthiest man on paper.
TSLA Stock Down 10%, Tesla to Sue U.S. Government for Imposing Tariffs
By Teuta Franjkovic
• 3 mins read
Electric car manufacturer Tesla has filed a lawsuit against U.S. President Donald Trump’s administration, aiming to end what it calls “unlawful” tariffs imposed on certain parts imported from China.
Binance Presents Flamingo Finance that Is Third Project on Its Launchpool
By Teuta Franjkovic
• 4 mins read
Flamingo Finance (FLM) will be the third project on Binance Launchpool. Users will be able to stake their BNB or BUSD tokens into two the pools to farm FLM tokens over 30 days from Sep 27. Binance will then list $FLM on September 28.
JD.com Joins PBOC on Digital Yuan Project
By Teuta Franjkovic
• 3 mins read
JD.com, one of the biggest eCommerce businesses in China, will work with PBOC on the development of the digital currecy project.
Snowflake Goes Public, SNOW Stock Price Jumps 111% in IPO
By Teuta Franjkovic
• 3 mins read
Shares of Snowflake, a cloud data warehousing firm that has the backing of Salesforce and Warren Buffett’s Berkshire Hathaway, more than doubled on their first day of trading in the biggest software IPO ever.
Santander to Divest $400M Fintech Venture Fund
By Teuta Franjkovic
• 3 mins read
Santander is rebranding its venture capital arm Santander InnoVentures as Mouro Capital, and doubling its allocated funds from $200m to $400m as fintech investment hots up. Mouro Capital will manage Santander InnoVentures’ existing investments as well as further deepen Santander’s fintech involvement.
Credit Suisse to Challenge Revolut and N26 with Its Digital Banking App
By Teuta Franjkovic
• 2 mins read
Credit Suisse is to launch a digital banking app to rival the likes of Revolut and N26. The CSX app will feature free online banking tools, including an online debit card and other capabilities such as mortgage applications, investments and pensions.
UBS Postpones Its Digital Settlement Coin Project with Barclays
By Teuta Franjkovic
• 3 mins read
Several major banks are part of the Fnality International project. Fnality is working to create digital versions of five major fiat currencies, including the dollar and yen. The project has been delayed until at least 2021 as it seeks regulatory approvals.
Seoul Conducts Second Raid on Crypto Exchange Bithumb
By Teuta Franjkovic
• 3 mins read
The previous police raid came after Seoul police allegedly directed initial investigations at Bithumb office on September 2.
Austrian Blockpit Acquires Its German Competitor CryptoTax
By Teuta Franjkovic
• 3 mins read
Blockpit, an Austrian compliance expert and developer of software solutions for digital assets, has acquired its biggest competitor, the German startup CryptoTax. Both regtech companies provide tax software for cryptocurrencies.