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This Week in Fintech ending 21 August 2020

This weekly summary from our 8 experts, brings you insights based on their experience as investors, entrepreneurs & executives. To continue receiving This Week...

Tether Could Be Enabling Capital Flight From China, Says Chainalysis

Cryptocurrencies — and Tether (USDT) in particular — could be playing a key role in recent capital flight from China, according to a...

Major EOS Block Explorer Bloks.io Acquired by Metal

Blockchain-based payment platform Metal has acquired the multifunctional EOSIO platform, Bloks.io.The binding letter for the acquisition was signed earlier this week, Metal representatives...

Litecoin, Monero, Synthetix Price Analysis: 21 August

Bitcoin, the world’s premier cryptocurrency, despite its most recent failure to sustain a breach of the $12k level, was continuing to consolidate and...

Mutual Fund SIP Returns Rise as Inflows Dip

Mutual fund SIP equity schemes have started to improve as the inflows in the equity mutual funds have hit record-dip. Mutual fund investors...

Mark Mobius’s Gold Warning Hints at Massive Bitcoin Correction

As Bitcoin struggles to find upside traction above $12,000, its traditional rival gold is also showing similar...

Alt Lending Week Ending 21st August

Here is our pick of the 3 most important Alt Lending news stories during the week: 1. Yield Starved Investors start to Rummage in...

DeFi Meets CryptoKitties: Axie Infinity to Introduce Governance Token

DeFi is converging with non-fungible tokens (NFTs), with the Ethereum-powered game Axie Infinity seeing a spike in users ahead of the expected launch...

Crypto lender BlockFi raises $50M Series C funding to provide digital asset-backed loans to crypto investors

We wrote about BlockFi back in August 2019 ago after the crypto lending startup launched in California expanding its lending footprint to 44...

Grayscale: Bitcoin Market ‘Looks Like 2016, Before Historic Bull Run’

A new report by crypto fund manager Grayscale Investments argues that the current Bitcoin (BTC) market structure “parallels that of early 2016 before...

UK Financial Watchdog Grants Licenses to Archax and Gemini

The UK’s Financial Conduct Authority has granted operational licenses to two cryptocurrency exchanges operating in the country: digital security exchange Archax and the...

For the 2nd Consecutive Year, Parsonex Enterprises Appears on the Inc….

“Moving up over 1500 spots on the Inc 5000s ranking of fastest growing companies list is a huge accomplishment," said CEO...

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