Blockchain/Bitcoin
Death, Taxes and Crypto: Lugano Tethers Ambitions to Stablecoin
Fresh from re-landscaping El Salvador’s economy, stablecoin company Tether is now giving the southern Swiss city of Lugano a crypto makeover. Tether is helping El Salvador migrate to bitcoin – and it’s now also backing Lugano’s “European Capital of Crypto” ambitions.
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AlgoTrader Raises $4.5M in Pre-Series B
The Pre-Series B funding is co-led by Credit Suisse Entrepreneur Capital and C3 EOS VC Fund with participation from East Asian venture capital firms SBI Investment and Fenbushi Capital, as well as other renowned investors including Verve Ventures, Quonota Investments,
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US Federal Reserve Releases Discussion Paper on Central Bank Digital Currency
Recent technological advances including blockchain, cloud computing and artificial intelligence (AI) have ushered a wave of new private-sector financial products and services, paving the way for rapid developments in money. While dozens of countries are already in the development and
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Crypto Firm Fireblocks Raises US$550 Million, Now Valued at US$8 Billion
Fireblocks, a US-based platform that allows financial institutions to store, move and issue cryptocurrencies, has raised US$550 million in Series E funding, vaulting its valuation to over US$8 billion. The funding round, co-led by D1 Capital Partners and Spark Capital
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Project Helvetia Successfully Integrates DLT-Backed Wholesale CBDC Into Existing Core Banking Systems
In Switzerland, Phase II of Project Helvetia has been completed, successfully demonstrating that it is possible to integrate a wholesale CBDC (wCBDC) running on a distributed ledger technology (DLT) platforms into existing core banking systems. Kickstarted in 2020, Project Helvetia
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UK’s Crypto Index Series Pockets Seed Funding From coinIX and F10 Investment
German investment company coinIX and F10 Investment, the investment arm of fintech incubator F10, have jointly poured in seed investment into the Crypto Index Series (CIS). CIS is a UK startup that had successfully graduated from the F10 Incubation Programme
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Top 50 Crypto and Blockchain Companies in Switzerland 2022
Crypto Valley reaffirms its standing as the most mature global blockchain hub with a record 2021 valuation of its Top 50 companies at over half a trillion USD ($611.8bn), boasting fourteen Unicorns. The CV VC Top 50 Report shows that Crypto
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Philippines’ UnionBank Picks METACO to Set Up Its Digital Asset Custody Operations
The Union Bank of the Philippines has selected METACO, a provider of security-critical software and infrastructure to the digital asset ecosystem, to implement its digital asset management services. The bank will leverage METACO Harmonize which is its digital asset orchestration
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Swiss ‘Unicorn’ Banking App Reincarnates as Bitcoin Vault
Swiss fintech company Numbrs has blamed jealous banks for killing off its original business model as a third-party provider of financial products. So it has reinvented itself under the banner of the ultimate bank killer – bitcoin. The company, fêted
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TransUnion Taps Spring Labs to Bring Credit Data to Public Blockchain Networks
Blockchain-based data-sharing platform Spring Labs announced that is bringing TransUnion’s identity and credit data on-chain to help accelerate Web 3 and DeFi adoption. The off-chain credit data from TransUnion, a global information and insights company, will be made available on
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