Crypto banking firm BVNK snares $40m

BVNK, a banking and payments platform targeting firms that are seeking crypto integration, has raised $40m in a Series A funding round.

Instagram to trial NFTs

Social networking giant Instagram is set to trial the use of non-fungible tokens (NFT) on its platform for some US users.

Crypto platform Xangle lands $17m in Series B haul

Xangle, a crypto data and research platform, has scored $17m in a Series B investment round led by KB Investment, Shinhan Capital, Premier Partners and IMM.

SEC to expand crypto, cyber enforcement unit with new appointments

The Securities and Exchange Commission has allocated 20 new positions to the unit focused on protecting investors in crypto markets and from cyber-related threats.

Central African Republic joins El Savador in making Bitcoin legal tender

The Central African Republic has become the second country globally to adopt Bitcoin as an official currency following El Salvador’s introduction last year.

Crypto firm Januar closes largest ever Danish seed round

Januar, a company building a crypto gate for European firms, has raised €6m in a seed funding round that is the largest in Danish history.

How is cryptocurrency changing money laundering?

The cryptocurrency market is booming. With new technologies and new products launching on the market, the industry is seemingly going from strength to strength. With new technologies, however, come new challenges. How is the industry changing money laundering?

21Shares, ETF Securities link to launch Australia’s first spot bitcoin ETF

21Shares has partnered with exchange-traded fund provider ETF Securities to introduce Australia’s first spot bitcoin ETF.

Nexo unveils first card backed by crypto credit line

Nexo has launched the Nexo Card, a first-of-its-kind crypto-backed Mastercard card through a partnership with Mastercard and DiPocket.

EU targets crypto in new wave of Russia sanctions

The European Union will target crypto wallets and currencies of Russia in another round of sanctions against the country.

News Stories

HUB Cyber Security signs new deal with European corporation

Israel-based HUB Cyber Security has signed a long-term framework agreement with an unnamed European corporation to provide confidential compute hardware solutions.

What companies need to know about the future of work

With changing working arrangements and new technological innovations, the future of work is fast arriving.

The role of AI and machine learning in the customer experience

The insurance industry has paid lip service to AI and machine learning for some time. However, adoption has been underwhelming. As firms come under intense pressure to meet changing customer demands, could this instigate more rapid AI adoption?

Parametrix Insurance teams up with IMA for cloud downtime insurance

Parametrix Insurance, a provider of parametric cloud downtime insurance, has partnered with IMA Financial Group (IMA), a North American insurance brokerage firm specialising in risk management, insurance, wholesale brokerage and wealth management.

Skyline, Howden, and Munich Re in parametric insurance alliance

Parametric InsurTech Skyline Partners has partnered with Howden and global reinsurer Munich Re to develop a parametric insurance solution designed to protect farmers in Jamaica from extreme weather events.

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