The financial industry is facing unprecedented change driven by technological innovation, cultural change and interaction with governments around the world. Banks and financial institutions will need to focus on being more agile and customer-centric to succeed in the competitive environment. Collaboration with fintech companies is likely to increase further as they offer innovative solutions. Overall, the financial industry is undergoing an exciting transformation process. The interaction of...
Read More »Ripple Price Analysis: Dips Could Be Limited Below $0.4750
Ripple price started a downside correction from the $0.5080 zone against the US dollar. The price is now trading above $0.490 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $0.4960 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase unless there is a close below $0.4750. Ripple price is consolidating near $0.490 against the US Dollar, similar to...
Read More »Innovation, Kultur und Regierungen in der Finanzbranche
Die Finanzbranche steht vor einem beispiellosen Wandel, der durch technologische Innovationen, kulturelle Veränderungen und das Zusammenspiel mit Regierungen auf der ganzen Welt vorangetrieben wird. Banken und Finanzinstitute werden sich darauf konzentrieren müssen, flexibler und kundenorientierter zu sein, um im Wettbewerbsumfeld erfolgreich zu sein. Die Zusammenarbeit mit Fintech-Unternehmen wird wahrscheinlich weiter zunehmen, da sie innovative Lösungen bieten. Insgesamt befindet sich die...
Read More »CoinEx Invites Hackers to Negotiate, Promises Bug Bounty Reward
Cryptocurrency exchange CoinEx, which recently suffered a breach, has called on the hacker to negotiate with the company while also promising a generous bounty reward if they decided to return the stolen assets. The notorious North Korean-sponsored Lazarus Group was identified as the hackers behind the attack on CoinEx. Let’s Dialogue, Says CoinEx to its Hackers In an open letter on Sept. 15, CoinEx stated that the hack incident served as a lesson for the company and made the...
Read More »Meilenstein in Österreich – Direktversicherer Smile lanciert erste Autoversicherung ausserhalb der Schweiz
Versicherung ohne Blabla Mit der heutigen Einführung von smile.car in Österreich sind bei Smile nun für die Kundinnen und Kunden erstmalig auch Direktabschlüsse ausserhalb des Schweizer Heimmarkts möglich. Zusammen mit der bevorstehenden Expansion nach Spanien setzt die Online-Versicherung damit einen wichtigen Pfeiler entlang ihrer Internationalisierungsstrategie. Seit knapp einem Jahr können Kundinnen und Kunden via durchblicker.at die...
Read More »Bitcoin als Gegenentwurf zu Rassismus
Protests in Brussels | Belga/N. Maeterlinck In einer Welt, in der soziale Ungerechtigkeiten und Diskriminierungen weiterhin Bestand haben, werden fortlaufend Mechanismen und Instrumente gesucht, um solche Herausforderungen zu bekämpfen. In der jüngsten Vergangenheit hat sich Bitcoin, die bekannteste Kryptowährung, als ein potenzieller Gegenentwurf zu Rassismus herauskristallisiert. Aber inwiefern kann ein dezentrales, digitales Geldsystem zur...
Read More »Co-Founder of Infamous Ponzi Scheme OneCoin Gets 20 Years Jail Sentence (Report)
Karl Sebastian Greenwood, co-founder of OneCoin and wingman for Ruja Ignatova, also known as “Cryptoqueen,” was sentenced to 20 years imprisonment for his involvement in one of the biggest crypto scam projects. Ignatova, who was included in the Federal Bureau of Investigations (FBI) Ten Most Wanted Fugitives list, is rumored to have been murdered in 2018. 20 Years in Prison for Cryptoqueen’s Wingman According to Bloomberg, Swedish citizen Karl Sebastian Greenwood was...
Read More »Paxos Affirms PYUSD Stability with New Transparency Report
Stablecoin issuer Paxos, in one of the latest developments, released the first transparency but unaudited report for the recently born Paypal USD, or PYUSD stablecoin, affirming the stability and reliability of the assets. This latest report also highlighted that, as the curtains fell in August, the lion’s share – over 90% – of PYUSD was held in Paxos wallet, with another approximately 7% scattered across various exchanges such as Kraken, Gate.io, and Crypto.com. Paxos’...
Read More »Michael Saylor is Clearly not Done Buying Bitcoin
Michael Saylor – the founder and former CEO of MicroStrategy – has announced that his company is looking to garner as much bitcoin as it can in the coming months. Michael Saylor Still Loves BTC Saylor has always been a huge bitcoin bull. He first caught the BTC bug back in August of 2020 and began adding the world’s number one digital currency by market cap to his company’s balance sheet when the currency was trading for around $11,000. From there, it exploded and...
Read More »Europol Hails Blockchain’s Unbeatable Independence and Security, Slams DeFi for Soaring Criminal Activity
In what’s described as a rapidly evolving landscape of financial and economic crimes threatening the internal security of the European Union, Europol has applauded the independence and protection offered by blockchain technology. Europol has also raised concerns over the rising criminal activity within decentralized finance (DeFi). Europol Warns of Rising Criminal Activity in DeFi and NFT Space Europol, the European Union Agency for Law Enforcement Cooperation, recently...
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