Fintech

Understanding the landscape of decentralized finance

It is no longer news that decentralized finance provides crypto holders with a myriad of opportunities to earn passive income. While this is a known fact, I believe that it does not tell the whole story. Although DeFi’s narrative has successfully captured the attention of crypto investors, there are not enough educational materials out there …

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Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa

Yellow Card has raised $1.5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. Investors in the new round include Polychain, venture capital firm Andreessen Horowitz, and Celo, …

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Zimbabwe’s Mobile Money on Life Support as Central Bank Tightens Screws: Restrictions to Affect P2P Bitcoin Trading

Zimbabwe’s Mobile Money Operators (MMO) say they will comply with the latest directive by the central bank to shutdown mobile money agents. In addition, the MMOs will also limit mobile money transactions to $50 (Zwl $5,000) per day while users are now restricted to one mobile money account per person. The directive went into effect …

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Dash Nigeria Takes Digital Currency Education Campaign to Regulators and Key Institutions

With sophisticated fraud schemes seemingly overwhelming the African crypto market, there is a growing need for players in the space to help fight this scourge. Some are responding through increased educational campaigns, which they hope will not only turn the tide against scammers but will also attract masses to cryptocurrencies. News.Bitcoin.com has reported in the …

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A new report from Mexico says banks are used to launder money more than crypto

Mexico’s Financial Intelligence Unit recently published the results of its second National Risk Assessment. The report highlighted that the risk of money laundering in the banking sector far surpasses the issues encountered by fintech companies. According to El Economista, the so-called “G7 banking” group – BBVA, Santander, Citibanamex, Banorte, HSBC, Scotiabank, and Inbursa – registers …

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New Demand for Cryptocurrencies: Trading on Bitcoin Cash KYC-Free Exchange With Blind Escrow

Governments are injecting record levels of new money into economies to contain the impact of shutdowns. Restrictions imposed on people in countries all over the world have forced many to look for alternative but safe ways of transacting. This is one reason why blind escrow bitcoin cash trading is increasing: it is not burdening users …

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OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation

Bitcoin Transaction Fees Soar 550% in a Month, BCH, Dash Transactions Much Cheaper The cost of sending a transaction over the Bitcoin network rose sharply over the past month, as the price of the top cryptocurrency climbed higher. According to latest data from Bitinfocharts, the average bitcoin (BTC) transaction fee soared by as … read …

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You Can Now Trade Litecoin on the Ethereum Blockchain With Kyber

The Kyber Network, a decentralized, on-chain cryptocurrency exchange, has just listed the Ethereum-compatible pLTC token — a new cross-chain token developed by pTokens project. Announcing the news to Cointelegraph on Aug. 3, Kyber Network said that pLTC tokens will be accessible through KyberSwap and other decentralized apps, or DApps. They will also be available on …

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Fidelity Digital Assets Quotes Bitcoin Creator Satoshi Nakamoto in Latest Investment Thesis

News.Bitcoin.com Lead Writer Jamie Redman Named One of the Best Crypto Bloggers Lead Writer at News.Bitcoin.com, Jamie Redman has made Redeeem.com’s list of twelve influential go-to crypto bloggers. Redeeem says the list comprises names behind some of the most informative crypto news articles. In its citation, Redeeem says Jamie Redman, who is … read more. …

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Crypto Long & Short: Where Fintech Ends and Crypto Begins

An interesting op-ed by Leah Callon-Butler in CoinDesk this week got me to change my mind about something pretty fundamental. She asked: “Is crypto fintech?” My instinctive answer was “no!” For me, fintech is technology applied to finance, while cryptocurrency is a technology unto itself. That technology is giving rise to a new type of finance. …

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