Citi says that another cryptocurrency might be able to usurp Bitcoin from its current high position citing the fact that altcoins have witnessed their market cap grow by almost 4 times in 2020.
Walmart is set to venture into the financial system through a new fintech startup to offer its customers and employees a reliable service.
Top Indian conglomerates and FinTech firms are eyeing a piece into India’s rapidly evolving digital payments industry. These players are applying to join the New Umbrella Entity (NUE) floated by the RBI that will see the rapid transformation in the digital payments space.
Swedish fintech firm Klarna is close to reaching its $1 billion target in a funding round, say sources familiar with the matter.
Despite the substantial gains that HODLC guarantees, the project is not for gambling investors seeking the coveted “lambos on the moon” or anything else pie in the sky, it is for sensible investors who want a secure asset to preserve wealth and hedge against inflation.
Some other services offered by the Fed were also disrupted some of which include, FedLine Advantage, FedLine Command, FedLine Direct, FedLine Web and FedMail.
According to a report by Qatar Financial Centre and Refinitiv, investors stashed $30.4B in global fintech investments in the first 9 months of 2020.
The Chengdu lottery will have around 200,000 participants who will receive from $27 to $37.
Saying that DeFi promises democratization, open access, transparency, predictability, and systemic resilience, Peirce mentioned the risks related to the industry. They include security vulnerabilities, scaling problems, and faux decentralization.
Before now, strategists at JPMorgan compared Bitcoin with gold, viewing BTC as a new digital store for it.
The DeFi Index token consists of wrapped assets – the company’s gold token DGLD (wDGLD), Bitcoin (wBTC), and Ethereum (wETH).
The Sweden-based crypto exchange Safello will leverage Klarna’s open-banking services thereby allowing its 180,000 customer-base to directly purchase crypto from their bank accounts.
Mastercard is a leading force in today’s digital payment ecosystem as the firm helps to drive the development of CBDCs beyond the issuance of prepaid cards.
The Paypolitan IEO will allow Bitforex users to join Paypolitan staking and yield farming programs.
The intermediaries and wallets that will have direct involvement in issuing the digital yuan will be highly regulated, giving an extra level of confidence to users.