Bitfinex Launches P2P Trading Platform in Three Latin American Countries

The company plans to launch a mobile version later in the year with additional features to improve user experience. Digital asset exchange Bitfinex has launched a new peer-to-peer (P2P) trading platform in Venezuela, Argentina, and Colombia. The platform, called BitfinexP2P, will allow users in these countries to buy and sell Bitcoin (BTC), Ether (ETH), Tether tokens (USDT and EURT), and Tether Gold (XAUT) directly without paying intermediaries. Paolo Ardoino, CTO of Bitfinex, expressed his delight at the launch of the P2P marketplace. He espoused the company’s belief in the transformative…

Bitfinex launches P2P trading platform in Venezuela, Argentina and Colombia

Digital asset exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia. In a June 27 announcement, the crypto exchange said it had started the “Bitfinex P2P” platform allowing users in the South American nations to buy and sell Bitcoin (BTC), Ether (ETH), Tether (USDT), Tether’s euro-pegged stablecoin EURT and Tether Gold (XAUT). Bitfinex chief technology officer Paolo Ardoino suggested the expansion into the three countries was part of the firm’s efforts to promote digital asset-related financial services in Latin America. Something BIG is happening! #BitfinexP2P…

WhatsApp Business Announces 200M Active Users and Launches Personalized Customer Messages 

WhatsApp Business is introducing new paid features as it announces its monthly active users are now more than 200 million. Meta Platforms-owned WhatsApp Business, a version of the instant messaging app built for small businesses, now has over 200 million users. According to Meta CEO Mark Zuckerberg, this is a 4x jump from three years ago. In 2020, 2 years after its launch, WhatsApp Business announced a monthly active user (MAU) count of 50 million. Meta is now touting the advantages of business messaging as the company records a decrease in…

Etherscan launches AI-powered Code Reader: Finance Redefined

Welcome to Finance Redefined, your weekly dose of essential decentralized finance (DeFi) insights — a newsletter crafted to bring you the most significant developments from the past week. The past week in DeFi was filled with artificial intelligence (AI)-centered developments on Etherscan, Polygon’s latest security update and on-chain sleuth ZachXBT’s ongoing lawsuit supported by multiple crypto personalities. Etherscan launched an AI-powered code reader to retrieve and interpret the source code of specific contracts, while the Polygon co-founder proposed a zero-knowledge Ethereum Virtual Machine (zkEVM) upgrade to improve the protocol’s security.…

Alphabet’s Google Cloud Launches Anti-Money Laundering AI afterSuccessful Test with HSBC

The Google Cloud Anti-Money Laundering AI focuses on retail and commercial banking to accelerate risk detection. The rule-based transaction monitoring used by financial institutions to identify money laundering is about to be disrupted by Alphabet Inc’s (NASDAQ: GOOGL) Google Cloud Anti Money Laundering AI. After a successful trial period with London-based HSBC Holdings Plc (NYSE: HSBC), the American tech giant is ready to roll out the AI-focused anti-money laundering program. According to the company, the Anti Money Laundering AI was designed to meet model governance requirements in the banking industry.…

Casa launches multi-signature Ethereum self-custody vault

Since its inception in 2016, Casa promoted multi-signature self-custody of BTC in the industry with its flagship Bitcoin vault allowing users to store the cryptocurrency using up to five keys for more distributed security. Casa’s service originally catered to Bitcoin ‘whales’ that were willing to spend $10,000 a year on custody, before opening its service to a broader base of Bitcoin users. The company has now added an Ethereum vault to its platform, with ETH holders also able to use up to five keys to secure their holdings. According to…

Winklevoss twins’ Gemini launches Ethereum staking in the UK

Winklevoss twins’ cryptocurrency exchange Gemini continues to actively expand its services across the world, debuting Ethereum staking in the United Kingdom. On June 23, Gemini officially announced the expansion of Gemini Staking Pro in the United Kingdom. The service allows institutions and high-net-worth individuals to become Ethereum validators by locking up at least 32 Ether (ETH), worth around $60,000 at the time of writing. Provided by Gemini Trust Company, the institutional ETH staking program is immediately available on the Gemini web interface, the firm noted. At launch, Gemini Staking Pro…

Google launches ‘Anti Money Laundering AI’ after successful HSBC trial

Google Cloud recently announced the launch of its “Anti Money Laundering AI” (AMLAI) service after a successful trial with London-based financial services group HSBC. AMLAI uses machine learning to create risk profiles, monitor transactions and analyze data. Per a blog post from Google Cloud: “AI transaction monitoring replaces the manually defined, rules-based approach and harnesses the power of financial institutions’ own data to train advanced machine learning (ML) models to provide a comprehensive view of risk scores.” In practice, Google Cloud claims its trial partner, HSBC, saw an increase of…

Polygon Labs Launches Copilot AI Assistant with Help from OpenAI’s ChatGPT

Polygon has joined Solana and Etherscan and launched an AI assistant, Copilot, that integrates ChatGPT and offers users varying functions. Ethereum scaling platform Polygon has joined the artificial intelligence (AI) race and launched an AI assistant called Polygon Copilot. The Copilot’s interface integrates GPT 4 from OpenAI to offer users an easy way to interact with the product using easy language. An official release states that Polygon Copilot helps to level the playing field for new and experienced users. Polygon also advertises Copilot’s usefulness for a wide array of users: “Trained on the extensive documentation…