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IN1 Launches Unified Financial Management Platform Across 35+ Countries

Warsaw, Poland, and Abu Dhabi, UAE, November 26, 2024 – Fintech startup IN1 has officially launched its innovative platform for unified financial management, available to users in over 35 countries. Notably, the platform aims to simplify the management of both fiat and cryptocurrencies, offering seamless integration across financial services. Accordingly, the launch includes introducing IN1's…

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Binance Introduces BFUSD: Reward-Bearing Margin Asset for Futures Trading

November 26, 2024 – Binance, the global blockchain powerhouse and largest cryptocurrency exchange by trading volume, has unveiled BFUSD, the first reward-bearing margin asset issued by a crypto exchange. Notably, this offering is designed to provide passive returns for users holding BFUSD and enhanced rewards for those actively trading USDⓈ-M Futures while holding the asset.…

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Trust Wallet Integrates Binance Connect for Seamless Crypto Transactions

Trust Wallet, the self-custody Web3 wallet used by over 140 million people worldwide, has announced the integration of Binance Connect, a fiat-to-crypto gateway powered by Binance. Notably, this new partnership is designed to improve access to digital assets by streamlining the process of buying and selling cryptocurrencies directly within the Trust Wallet app. Accordingly, the…

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iDenfy Partners with Portugal Residency Advisors to Enhance Client Onboarding with Advanced Verification Technology

iDenfy, a popular identity verification and compliance solutions platform, has entered into a partnership with Portugal Residency Advisors, a consultancy specializing in relocation and investment services. The collaboration aims to streamline the onboarding process for global clients by integrating advanced identity verification, Near-Field Communication (NFC) technology, and Anti-Money Laundering (AML) screening to enhance security and…

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Robinhood’s Dan Gallagher Passes on Potential SEC Chair Role

Dan Gallagher, Robinhood Markets' Chief Legal Officer (CLO) and former SEC commissioner, has decided not to pursue the role of Chair at the U.S. Securities and Exchange Commission (SEC). Notably, his decision comes amid growing speculation regarding leadership changes following the 2024 presidential election. Robinhood’s Dan Gallagher bows out of race for SEC chair — despite…

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Nine Charged in U.S. Crypto Laundering Tied to Drug Cartels

Federal authorities have charged nine individuals with participating in a cryptocurrency laundering scheme tied to drug cartels, according to the U.S. Department of Justice (DOJ statement). Accordingly, the indictment alleges that the group facilitated the laundering of drug proceeds using digital assets, enabling cartels to move illicit funds across borders. Meanwhile, the charges were announced on…

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COTI and Poolz Launch MomentumX Accelerator to Boost Privacy-Focused Projects

COTI, a Web3 privacy layer, has partnered with decentralized Initial DEX Offering (IDO) platform Poolz to introduce the MomentumX Accelerator. The initiative, announced today, is designed to support projects leveraging COTI’s privacy-focused technology stack and drive innovation within the Decentralized Confidential Computing (DeCC) space. The MomentumX Accelerator will offer resources and funding to startups using…

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DCG Launches Yuma to Drive Development on Decentralized AI Network Bittensor

STAMFORD, Conn. — Digital Currency Group (DCG) announced on November 20, 2024, the launch of Yuma, a subsidiary focused on accelerating the adoption and development of decentralized artificial intelligence (AI) through the Bittensor network. DCG Founder and CEO Barry Silbert will also serve as Yuma’s CEO, overseeing its initiatives to provide capital, infrastructure, and resources…

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BitGo Singapore Launches to Provide Digital Asset Services in APAC

November 21, 2024 - SINGAPORE — BitGo Singapore Pte. Ltd., a subsidiary of BitGo, Inc., has officially launched its operations, offering regulated digital asset custody, trading, settlement, and token management services to clients across the Asia-Pacific (APAC) region. This move follows the company’s acquisition of a Major Payment Institution License from the Monetary Authority of…

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