Tag: finance

Crypto Exchange FTX Partners With AZA Finance ‘to Expand the Adoption of Web3 and Digital Currencies in Africa’ – Emerging Markets Bitcoin News

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Sam Bankman-Fried’s FTX is partnering with AZA Finance to expand the use of digital currencies and Web3 in Africa. Through this arrangement, the two companies will also work to “onboard African NFTs and artists onto the FTX NFT marketplace.” Bolstering Adoption of Web3 and Crypto in Africa Hong Kong-based cryptocurrency exchange FTX recently announced the start of a partnership with AZA Finance, whose objective is to “expand the adoption of Web3 and digital currencies throughout Africa.” This also includes non-fungible tokens (NFTs). A statement released by AZA Finance said the…

Luno Launches Venture Fund to Invest in Over 200 Crypto and Fintech Startups per Year – Finance Bitcoin News

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Luno cryptocurrency exchange recently announced the launch of an investment arm, Luno Expeditions, whose objective is to invest in fintech, crypto, and Web3 startups globally. The investment arm will target digital assets and later-stage companies starting from Series A upwards. Funding Over 200 Startups per Year One of Africa’s pioneering cryptocurrency exchanges, Luno, recently announced the launch of an early-stage investment arm whose objective is to back fintech, crypto, and Web3 startups. Known as Luno Expeditions, the investment arm is expected to fund somewhere between 200 to 300 startups each…

Bank of Russia Allows Sberbank to Issue Digital Financial Assets – Finance Bitcoin News

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Sberbank, Russia’s largest bank, has been authorized by the country’s monetary policy regulator to issue digital financial assets. The move comes amid tightening Western sanctions over the war in Ukraine, including limiting Moscow’s access to the global financial market. Sberbank Added to Central Bank’s Register of Crypto Asset Issuers The Central Bank of Russia (CBR) has added Sberbank, the country’s leading banking institution, to its register of information system operators permitted to issue digital financial assets (DFAs). The term is used to describe various types of cryptocurrencies in the country’s…

Bitcoin rebounds 12% in a week, sell now or hodl? Gareth Soloway's key price levels to watch

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Gareth Soloway, chief market strategist of InTheMoneyStocks.com provides an update on Bitcoin, gold, stocks, and oil with David Lin, anchor for Kitco News, in light of recent developments in Eastern Europe. 0:00 – Bitcoin 10:00 – Monetary policy 14:18 – Stocks 16:50 – Oil 19:32 – Gold 22:47 – When to sell Bitcoin? #Bitcoin #gold #stocks __________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with…

HSBC enters The Sandbox to offer educational finance games

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HSBC, one of the largest European banks, with total assets of $2.4 trillion, announced its intention to buy a virtual plot of LAND within The Sandbox for an undisclosed amount. The new partners will develop opportunities for users to engage with sports, esports and gaming enthusiasts, according to the statement by The Sandbox. Delighted to announce we’ve partnered with @HSBC, one of the world’s largest international banking & financial services providers! Bringing a host of opportunities to engage with global financial services & sports communities in The Sandbox Metaverse.https://t.co/GmQ3lrVmnB — The…

The cryptocurrency craze: Bitcoin, blockchain technology and the future of DeFi | The Business

▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Kathryn Robinson presents a special from The Business looking at the cryptocurrency craze: what is it and where is it headed? Plus blockchain technology, the future of DeFi and whether the benefits outweigh the risk. Subscribe: Read more here: ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab. Watch more ABC News content ad-free on iview: For more from ABC…

Agave and Hundred Finance DeFi protocols exploited for $11M

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A hacker has made off with approximately $11 million in Wrapped ETH, Wrapped BTC, Chainlink, USDC, Gnosis, and Wrapped XDAI after using a “re-entrancy” attack on DeFi lending protocol applications Agave and Hundred Finance. The attack comes within 24 hours of news breaking of the Deus Finance exploit, where hackers stole over $3 million in Dai and Ethereum from the lending contract platform. Agave’s token, AGVE, dropped by 20 per cent following the attack, according to data from CoinGecko. Hundred Finances’ token HND fell 3.5 per cent after it announced…