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FinTech Newscast

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FinTech Newscast

Podcast – Fintech Newscast

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The latest news in FinTech brought to you with insight and wit by our panel of finance and tech pros. We look at all aspects of FinTech developments in payments, capital markets, blockchain, lending and more. We discuss new developments and what they mean for you.
 
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Great conversation with OppFi CEO and Founder Todd Schwartz on a different way to think about personal lending that benefits customers this week on the Fintech Newscast Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on TwitterBy Podcast – Fintech Newscast
 
Great interview to start the new year! We’re glad to have Eytan Bensoussan the CEO and Co-Founder of NorthOne, a fintech focused on providing solutions and insight for small businesses. Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter…
 
What does recent volatility mean for your investments? How does a fintech help with long term investing? We talk with Guido Petrelli the founder and CEO of Merlin about the needs of personal investors and growing a successful fintech this week on the Fintech Newscast https://www.merlininvestor.com Click Subscribe to keep up to date on the world of …
 
Great conversation with Matt Green, co-founder of Sealance on applying cryptology, smart ways to protect privacy and the security impact of quantum computers this week on the Fintech Newscast https://www.sealance.io Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter…
 
How long will fintech valuations be down? What’s in the new regulatory guidance for digital assets? Will you be able to make payments with Twitter? This and more on the Fintech Newscast Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter.…
 
Why you shouldn’t run your company from Excel with a fintech specializing in treasury and risk management. Very interesting talk on simplifying your financials from mounds of data with Bob Stark of Kyriba this week on the Fintech Newscast https://www.kyriba.com/ Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnew…
 
Glad to have Shameek Kundu, Chief Strategy Officer at TruEra back to give us an update on AI regulations, the importance of credit transparency, and some interesting benefits. Everything AI this week on the Fintech Newscast https://truera.com Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fin…
 
Growing a fintech platform, working with merchant partners, and solving pain points with founder and CEO Meidad Sharon of ChargeAfter this week on the Fintech Newscast https://chargeafter.com Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter…
 
The Bitcoin price has made a V-shape recovery from $3,600, following a capitulation-esque fall on March 12. Since then, the crypto market has recovered rapidly, similar to gold in previous crises, cryptocurrencies could perform strongly in the medium to long-term.As CryptoSlate previously reported, gold demonstrated a close correlation with stocks …
 
“Standing on the stones” was the phrase to describe the last resort of the many desperate, hungry, unemployed London workers in the late nineteenth/early twentieth century.Men who had no fixed employment would rock up early in the morning, thronging in masses to await any possible job tickets that were dispensed two or three times a day.150 years l…
 
IOHK has announced that Daedalus 1.0.0 mainnet wallet has finally launched and is now available to every user of Cardano (ADA). The launch of Daedalus comes after 18 months of work and marks the beginning of a series of important launches from IOHK that will bring about Shelley, the blockchain’s staking era. The company has also released the indepe…
 
It’s a whole different story today; since the highs set at the peak of 2018’s bubble, altcoins have fallen off dramatically by dozens and dozens of percent, crushed under the pressure of a dominant Bitcoin that has benefited from a strong first-mover advantage and sell-offs in the altcoin market.But, according to a fund manager and a flurry of fund…
 
Bakkt, the Intercontinental Exchange (ICE) crypto subsidiary, suffered its second high-profile executive exit last week after CEO Mike Blandina stepped down. While the rumored institutionalization of cryptocurrency remains a far-fetched vision, several empty promises and misplaced hypes question Bakkt’s integrity as a company.Third executive in fou…
 
Surely the greatest irony in the blockchain space is that there has never been any agreement on “the best” consensus model. Bitcoin and Ethereum are widely lauded for pioneering the concepts of blockchain and smart contract platforms respectively, but both also come under heavy criticism for their lack of scalability. The scalability challenge is l…
 
Coinbase jumps on the Web3 bandwagon, marijuana becomes legal in New Jersey but which fintechs will bank the dispensaries? All this and more this week on the Fintech Newscast Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter.…
 
Rob Antoniades the co-founder and general partner of Information Venture Partners gives us a look behind the venture capital curtain and what he looks for in an emerging fintech this week on the Fintech Newscast Click Subscribe to keep up to date on the world of fintech! Reach us at info@fintechnewscast.com or at @fintechnewscast on Twitter…
 
Major cryptocurrency payment service provider BitPay has added support for the Lightning Network (LN), Bitcoin’s (BTC) Layer-2 scalability solution, granting users access to a faster and cheaper method of transacting their BTC.In an announcement shared with CryptoSlate today, BitPay co-founder Tony Gallippi noted:“BitPay’s integration with the Ligh…
 
Continued global unrest may be crucial in a sell-off affecting both stocks and crypto. Several factors at play are causing uncertainty in the markets, which has been a driving factor in pullbacks since 2020. Investors historically move away from risk-on assets such as tech and crypto whenever the road forward is unclear.Today, Bloomberg is reportin…
 
Bitcoin miner Marathon Digital Holdings plans to relocate its coal-powered Hardin mining facility in the US state of Montana to a more sustainable location. This is part of its efforts to reduce its carbon footprint by using non-carbon emitting sources of energy for its operations.Marathon Digital eyes sustainable energy sourcesAccording to the CEO…
 
Sky Mavis, the company behind blockchain-based game Axie Infinity, has successfully closed a new $150 million funding round led by crypto exchange Binance, according to a press release shared with CryptoSlate today.Always have, always will be there for our Labs family member! @SkyMavisHQ @AxieInfinity 🙌🫂 Looking forward to our LONG way ahead togeth…
 
Despite dipping below $41,000, Anthony Scaramuucci, the founder of SkyBridge Capital, a 17-year-old “alternative assets” investment firm, still believes the price of Bitcoin will hit $500,000 per coin.In a recent interview with Financial Review, he described why this has caused his firm to pivot into digital assets in 2021. SkyBridge now offers a d…
 
Lightning Labs, the company behind the Lightning Network, has developed a new protocol that can help introduce more use cases to the Bitcoin network, the company’s CTO Olaoluwa Osuntokun announced April 5, noting that he designed the protocol, dubbed Taro.According to Osuntokun, Taro’s integration will enable the issuance of assets and collectibles…
 
The Aventador is coming to the end of its production run as Lamborghini electrifies its entire line-up. But intent to go out with a bang, the Italian supercar builder is selling the last ever Aventador LP 780-4 Ultimae Coupé as a 1/1 NFT to be auctioned at Sotheby’s.Aventador NFT is Lamborghini’s last hurrah for petrol powerThe Lamborghini drop wil…
 
Texas-based Vantage Bank announced plans to offer employees a savings plan where a portion of each paycheck can be saved in Bitcoin. Commenting on this new program, Vantage Bank’s chief of human resources Eric Thompson said:“During this ‘Great Resignation,’ attracting and retaining top talent has been especially challenging. Focusing on our employe…
 
This week, UK Chancellor Rishi Sunak tweeted about payment regulation reform recognizing crypto stablecoins as a valid payment in the UK.In the same post, Sunak also linked a gov.uk page detailing other steps the government is taking to turn the UK into a “cryptoasset technology hub.” This includes:Legislating for a financial sandbox called “Crypto…
 
Filings in 2022 indicate that one thing about the metaverse is that it will be well fed and well dressed. Companies with a combined market cap of around $1.1 trillion have filed for trademarks related to metaverse and NFTs this year alone. If you include Meta in this discussion, the figure rises to almost $2 trillion. In addition, 1967 NFT-related …
 
Popular blockchain detective Zachbxt has revealed details about a possible rug pull that occurred on the Bored Bunny NFT collection, leading to the loss of around $20.7 million.According to Zachbxt, the project is a clear rug pull. His investigations reveal that the team behind it has been involved in other shady NFT projects in the past.But the pa…
 
It seems that the more intense the chaos, the deeper the changes emerge from it. In the present post-Covid-19 chaos of supply disruptions, 40-year high inflation rates, and a war in Europe—we seem to be on the brink of a major monetary pivot. To understand its implications and how digital assets fit into it, we first must revisit the previous reset…
 
The world is marching on toward the mass adoption of cryptocurrencies. This is evident in almost every metric one can look at when analyzing the crypto market, even in volatile times and during sharp downturns.Venture capital investments in crypto have surpassed $30 billion, with more than $10.5 billion invested in the last quarter of 2021 alone. A…
 
Francis Suarez, Miami’s mayor, believes the city’s success as an upcoming tech hub is partially due to adopting crypto. He said this during an interview with Maria Bartiromo of Mornings with Maria on Monday.According to Suarez, crypto is part of Miami’s transitional brand from a city that was great to visit or retire to what Financial Times refers …
 
The US Department of Justice had announced that it had secured the biggest cryptocurrency forfeiture after a South Florida resident forfeited $34 million worth of cryptocurrency tied to illegal dark web activities.Federal prosecutors in the Southern District of Florida filed the civil forfeiture complaint and were successful.US gets biggest crypto …
 
The U.S. Senator from Wyoming, Cynthia Lummis, recently championed Bitcoin as a future currency in an interview. The interview started with the question, “Is Bitcoin a currency or commodity?” Senator Lummis quickly and confidently responded:“I own [Bitcoin], a commodity. I believe it will be currency someday, but at this point of its existence, it’…
 
Binance CEO Changpeng Zhao, commonly referred to as CZ, believes Russia cannot use cryptocurrencies to circumvent western sanctions. He said this during a recent interview with Richard Quest, the host of CNN’s Quest Means Business. According to him, crypto is too traceable, a trait that makes it unsuitable for dodging sanctions.Zhao pointed out tha…
 
Popular on-chain sleuth, Zachxbt, has revealed information about another rug pull in the non-fungible token scene. In a Twitter thread, he exposed how French influencer and reality TV star Laurent Correira allegedly played a major role in the Billionaire Dogs Project.Billionaire Dog NFT rug pullThe project launched in December 2021 with promotions …
 
When LooksRare started operating in January, it came with the promise of challenging OpenSea’s dominance in the NFT space. But three months down the line, it seemed to have developed a reputation for wash trading.According to CryptoSlam and cited by Bloomberg, about $18 billion or 95% of trading volume on the platform is wash trading.Wash trading i…
 
Premier League football club Liverpool is reeling after its six-day Sotheby’s auction ended on Monday, having sold just 9,721 out of an available 171,072 NFTs.The LFC Heroes Club Collection is described as cartoon avatar depictions of the Liverpool squad. Token holders are granted “access to a range of ongoing benefits.”“Holders have access to a me…
 
Elon Musk bought a 9.2% stake in Twitter for $2.9 billion, making him the platform’s biggest shareholder.Recently, the Tesla CEO had slammed Twitter on the grounds of it “failing to adhere to free speech principles.” As a response to the problem, Musk teased the possibility of starting his own social media platform or even buying Twitter. However, …
 
Seven out of 10 crypto investors own a hardware wallet, out of which, 54% keep their backup phrases on paper, while 50% of these investors keep their full backup in one place, according to a survey by Ngrave.NGrave‘s 2022 Crypto Security Self-Audit report reveals that 50% of hardware wallet owners’ keys would be compromised if someone were to find …
 
A pseudonymous user, known as “s27,” today lost roughly $570,000 worth of non-fungible tokens (NFTs) after exchanging his Bored Ape Yacht Club (BAYC) #1584 and two Mutant Ape Yacht Club (MAYC) tokens for fraudulent NFTs deceptively disguised as genuine.The exchange was first spotted by crypto enthusiast Quit thanks to his Discord server configured …
 
Germany’s Central Office for Combating Cybercrime (ZIT) and the Federal Criminal Police Office (BKA) have successfully seized the server infrastructure of the world’s largest illegal darknet marketplace Hydra.Per a press release published by the BKA today, the law enforcement agencies have also confiscated approximately €23 million worth of Bitcoin…
 
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