Fintech Crypto

South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.

In conversation with Gadgets 360, Catherine Chen, Head of VIP & Institutional at Binance, highlighted that crypto asset volatility continues to make investors hesitant to explore the asset class. Chen emphasized that the primary challenge for exchanges in gaining investor trust—across all levels—lies in continuous research to precisely identify...

The fintech sector in India reached an important milestone with the launch of UPI payments in April 2016. As the fintech sector matures, Web3 technologies like cryptocurrencies and blockchain have also started to make small but notable strides in recent years.

Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.

Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.

Andrew Bayly has expressed concerns that New Zealand’s ‘wait and see’ approach on Web3 and digital assets is snubbing its growth in fintech, gaming, blockchain, and other related sectors.

CoinDCX has announced a partnership with US-based fintech firm Mesh. With this, the exchange could be attempting to have app visitors spend more time on the platform.

Social networking platform Reddit and Jack Dorsey’s fintech firm Block are two names that have recently disclosed information related to their BTC holdings and investments, which yielded profits for both.

On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...

A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...

Meta said it is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral. "We're winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses," the social media firm's fintech head...

Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.

Raghuram Rajan, the former governor of the RBI said that digital assets like cryptocurrencies have had their “comeuppance,” but the underlying technology remains an enticing next-gen fintech tool that could be experimented with. The economist suggested crypto players against advertising digital assets as an ‘inflation-resistant’ alternative...

Argo Blockchain is under several debts. Amid the ongoing crypto slump, the company has officially sold off its Texas-based mining facility to Galaxy Digital Holdings, a crypto-focussed fintech firm. The company will be using the funds from this sale to initiate and complete the repayments of the pending loans.

The Bank of England (BoE) is now looking for industry players to submit design ideas of a ‘proof-of-work' digital wallet, that would safeguard CBDC holdings. The central bank has asked fintech players to submit proposal ideas by December 23. The submissions that are selected will be given five months to prepare a working wallet for the British fi...

South Korean police have arrested 215 people on suspicion of stealing 320 billion won ($228.4 million) in the biggest cryptocurrency investment scam in the country.

In conversation with Gadgets 360, Catherine Chen, Head of VIP & Institutional at Binance, highlighted that crypto asset volatility continues to make investors hesitant to explore the asset class. Chen emphasized that the primary challenge for exchanges in gaining investor trust—across all levels—lies in continuous research to precisely identify...

The fintech sector in India reached an important milestone with the launch of UPI payments in April 2016. As the fintech sector matures, Web3 technologies like cryptocurrencies and blockchain have also started to make small but notable strides in recent years.

Indian fintech firms have hailed the Basel Committee of Banking Supervision's (BCBS) crypto rules, and called the decision progressive and driven towards bringing more transparency to the relationship between cryptocurrencies and banks on an international level.

Authorities in the US have reportedly identified compliance violations from Jack Dorsey’s Block firm. Among other allegations, the probing officers have alleged that Block had been processing multiple crypto transactions even from nations that are part of the US’ sanctions list.

Andrew Bayly has expressed concerns that New Zealand’s ‘wait and see’ approach on Web3 and digital assets is snubbing its growth in fintech, gaming, blockchain, and other related sectors.

CoinDCX has announced a partnership with US-based fintech firm Mesh. With this, the exchange could be attempting to have app visitors spend more time on the platform.

Social networking platform Reddit and Jack Dorsey’s fintech firm Block are two names that have recently disclosed information related to their BTC holdings and investments, which yielded profits for both.

On the World Fintech Day, Web3 insiders from India have highlighted that blockchain is the next big refreshment to global financial systems. Meanwhile, the speed at which countries adopt blockchain and integrate it with their financial systems, has been called the metric that would change the game for nations looking to lead the Web3 revolution set...

A Ripple survey has claimed that sticthing blockchain into the existing financial sector could save around $10 billion (roughly Rs. 82,252 crore) in the next seven years leading up to 2030. Out of the total respondents, 97 percent have expressed confidence that the blockchain technology has the potential of improving online payment services, especi...

Meta said it is cutting off support for digital collectibles or non-fungible tokens (NFTs) on its platforms less than a year after rolling it out, as the crypto market continues to spiral. "We're winding down digital collectibles (NFTs) for now to focus on other ways to support creators, people, and businesses," the social media firm's fintech head...

Huang Yiping, the former advisor to the People’s Bank of China (PBOC), has voiced concerns that China is losing next-gen fintech opportunities, that other parts of the world are already experimenting with. In Yiping’s opinion, opportunities in exploring the ‘very valuable’ blockchain technology.

Raghuram Rajan, the former governor of the RBI said that digital assets like cryptocurrencies have had their “comeuppance,” but the underlying technology remains an enticing next-gen fintech tool that could be experimented with. The economist suggested crypto players against advertising digital assets as an ‘inflation-resistant’ alternative...

Argo Blockchain is under several debts. Amid the ongoing crypto slump, the company has officially sold off its Texas-based mining facility to Galaxy Digital Holdings, a crypto-focussed fintech firm. The company will be using the funds from this sale to initiate and complete the repayments of the pending loans.

The Bank of England (BoE) is now looking for industry players to submit design ideas of a ‘proof-of-work' digital wallet, that would safeguard CBDC holdings. The central bank has asked fintech players to submit proposal ideas by December 23. The submissions that are selected will be given five months to prepare a working wallet for the British fi...