The FTX fiasco continued to lead the news all week. Every day contained new revelations of the staggering mismanagement inside FTX as their downfall continues to reverberate throughout the crypto world. It was a relatively slow news week aside from the FTX news. Here are what I consider to be the top ten fintech news stories of […]
The following is a guest post by Hatu Sheikh, Co-Founder of DAO Maker. Decentralized Autonomous Organizations (DAOs) have been around for a while. Still, they haverecently gained traction as more blockchain-powered projects look to go fully decentralized at all levels. For those unfamiliar, DAOs are blockchain-powered and community-driven organizations with no hierarchy whatsoever. They propose […]
Lawrence Wintermeyer & Peter Renton at Merge, London 2022 Before the FTX blowup there was a serious conversation happening around regulation of the DeFi space. During our Merge event in London last month I interviewed Lawrence Wintermeyer, the Chair of the GBBC Digital Finance (and the former chair of Innovate Finance) on the topic, Paving […]
Is this finally the end of the crypto saga? I can’t say that you read it here first, but I have been consistent within this column in refusing to believe in the crypto currency story. FTX might not actually be the archetypal financial con but a con it most certainly was whether by accident or […]
On Monday, Changpeng Zhao, Founder and CEO of Binance took to Twitter to talk about the failed FTX bailout and what the crypto industry can expect next. Zhao said that crypto could expect a push toward auditing and cleansing the pallet as leveraged exchanges wipe out, with stablecoins leading the way. He said that proof […]
Justin Banon’s vision is for Boson Protocol to be where all of the world’s products and services are listed and searchable, with code-automated commerce and no intermediary hogging fees. Boson is building Web3’s commerce layer Boson Protocol uses NFTs to create a decentralized version of e-commerce where private companies cannot monopolize the environment and profit […]
New York-based online banking company Ampla Technologies recently launched a new extended payment terms solution called Ampla Pay Later. This comes after an acquisition of Upside Financing in the past two weeks that will allow Ampla customers to upload invoices. Jeremy Jonker Ampla investor of Infinity Ventures, Jeremy Jonker, Co-Founder and Managing Partner and Former […]
Swedish Buy Now, Pay Later (BNPL) fintech Klarna has launched a Klarna Creator app for retailers and influencers to collaborate on brand campaigns. Over 500,000 vetted creators can connect directly with brands and retailers via Klarna’s creator platform, where retailers can send products directly to creators they want to partner with. The app can track sales […]
Consumers have felt inflated prices and demonstrated recession-like spending habits in the final half of 2022. According to TransUnion Insights, Q3 2022 saw many consumers turning to unsecured personal loans and credit cards to carve out a little more breathing room. After the “great reset” pandemic, consumer loan balances and delinquencies rose above levels of […]
In the aftermath of FTX’s chaotic demise, other centralized crypto exchanges scrambled to prove their credibility. Binance’s founder and CEO, Changpeng Zhao, has indicated Proof-of-Reserves (PoR) could restore faith in crypto. Trust in the crypto sector is at an all-time low. According to Alternative’s Crypto Fear and Greed Index, the market is in a period […]