Crypto

BitoGroup's Strategic Expansion Doubles Market Reach in Taiwan

Retrieved on: 
Wednesday, April 17, 2024

TAIPEI, April 17, 2024 /PRNewswire/ -- BitoGroup, the leading cryptocurrency market leader in Taiwan, has been driving the development of Bitcoin infrastructure and transactions since 2014, commanding a remarkable 90% market share in the country.

Key Points: 
  • TAIPEI, April 17, 2024 /PRNewswire/ -- BitoGroup, the leading cryptocurrency market leader in Taiwan, has been driving the development of Bitcoin infrastructure and transactions since 2014, commanding a remarkable 90% market share in the country.
  • Taiwan boasts the second-highest density of convenience stores globally, with flourishing loyalty programs forming the cornerstone of daily life.
  • The collaboration between BitoGroup, Circle, and Taiwan FamilyMart is a strategic move to capitalize on the opportunity presented by loyalty points.
  • This initiative garnered international attention, marking a significant milestone in the cryptocurrency market.

Peach Tech and MetaComp Launch PIF Token, a Regulatory Registered Real-World Asset Token Scheme

Retrieved on: 
Wednesday, April 17, 2024

The PIF Token Scheme, registered with the MAS' CISNET, offers a secure and compliant channel for investing in assets like USD deposits, Money Market Funds, and Treasury Bills.

Key Points: 
  • The PIF Token Scheme, registered with the MAS' CISNET, offers a secure and compliant channel for investing in assets like USD deposits, Money Market Funds, and Treasury Bills.
  • The legal and regulatory frameworks governing the PIF Token ensure that it meets stringent standards for safety, compliance, and transparency, making it a true landmark development in the financial sector, boosting investor confidence and enhancing liquidity.
  • Mr David Koh, Co-Founder of Peach Tech, discussed the strategic impact of the collaboration, stating, "The PIF Token is designed to meet the high standards of liquidity and flexibility demanded by modern investors, blending the best of blockchain efficiency with the robust safety protocols of traditional finance."
  • Dr. Bo Bai, Executive Chairman and Co-Founder of MetaComp, highlighted the innovations brought about by the PIF Token, adding, "This token is not just a step towards future-proofing our financial ecosystems, but also a significant advancement towards our belief in being the bridge that links Traditional Finance with Crypto-Finance.

Peach Tech and MetaComp Launch PIF Token, a Regulatory Registered Real-World Asset Token Scheme

Retrieved on: 
Wednesday, April 17, 2024

The PIF Token Scheme, registered with the MAS' CISNET, offers a secure and compliant channel for investing in assets like USD deposits, Money Market Funds, and Treasury Bills.

Key Points: 
  • The PIF Token Scheme, registered with the MAS' CISNET, offers a secure and compliant channel for investing in assets like USD deposits, Money Market Funds, and Treasury Bills.
  • The legal and regulatory frameworks governing the PIF Token ensure that it meets stringent standards for safety, compliance, and transparency, making it a true landmark development in the financial sector, boosting investor confidence and enhancing liquidity.
  • Mr David Koh, Co-Founder of Peach Tech, discussed the strategic impact of the collaboration, stating, "The PIF Token is designed to meet the high standards of liquidity and flexibility demanded by modern investors, blending the best of blockchain efficiency with the robust safety protocols of traditional finance."
  • Dr. Bo Bai, Executive Chairman and Co-Founder of MetaComp, highlighted the innovations brought about by the PIF Token, adding, "This token is not just a step towards future-proofing our financial ecosystems, but also a significant advancement towards our belief in being the bridge that links Traditional Finance with Crypto-Finance.

Bitget to Take Center Stage at Blockchain Life and Token2049 Dubai

Retrieved on: 
Friday, April 12, 2024

VICTORIA, Seychelles, April 12, 2024 /PRNewswire/ -- Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to announce its participation in two prestigious blockchain conferences in Dubai, Blockchain Life and Token2049.

Key Points: 
  • VICTORIA, Seychelles, April 12, 2024 /PRNewswire/ -- Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to announce its participation in two prestigious blockchain conferences in Dubai, Blockchain Life and Token2049.
  • In joining these prestigious events, Bitget aims to actively participate in shaping the future of the blockchain and cryptocurrency industry.
  • By engaging with global attendees, Bitget seeks to contribute to the ongoing dialogue surrounding the adoption and evolution of blockchain technology.
  • "We are thrilled to be a part of Blockchain Life and Token2049 Dubai," said Vugar Usi Zade, COO of Bitget.

Bitget to Take Center Stage at Blockchain Life and Token2049 Dubai

Retrieved on: 
Friday, April 12, 2024

VICTORIA, Seychelles, April 12, 2024 /PRNewswire/ -- Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to announce its participation in two prestigious blockchain conferences in Dubai, Blockchain Life and Token2049.

Key Points: 
  • VICTORIA, Seychelles, April 12, 2024 /PRNewswire/ -- Bitget, the world's leading cryptocurrency exchange and Web3 company, is excited to announce its participation in two prestigious blockchain conferences in Dubai, Blockchain Life and Token2049.
  • In joining these prestigious events, Bitget aims to actively participate in shaping the future of the blockchain and cryptocurrency industry.
  • By engaging with global attendees, Bitget seeks to contribute to the ongoing dialogue surrounding the adoption and evolution of blockchain technology.
  • "We are thrilled to be a part of Blockchain Life and Token2049 Dubai," said Vugar Usi Zade, COO of Bitget.

Trammell Venture Partners Releases 2nd Annual Bitcoin-Native Startup and VC Ecosystem Research

Retrieved on: 
Thursday, April 11, 2024

AUSTIN, Texas, April 11, 2024 /PRNewswire/ -- Trammell Venture Partners ("TVP"), an Austin-based venture capital firm, today announced the second annual results of its proprietary research on the early growth of the Bitcoin-native startup and venture capital ecosystem.

Key Points: 
  • AUSTIN, Texas, April 11, 2024 /PRNewswire/ -- Trammell Venture Partners ("TVP"), an Austin-based venture capital firm, today announced the second annual results of its proprietary research on the early growth of the Bitcoin-native startup and venture capital ecosystem.
  • This activity ultimately led to a lower total number of venture deals for the second consecutive year across the startup spectrum in 2023.
  • The annual release of TVP's Emerging Bitcoin-Native Venture Capital Landscape Research Brief augments the available research for Bitcoin startups.
  • This research aims to support the institutionalization of venture investment for this emerging growth category within crypto and blockchain venture capital.

Deepcoin Labs Fueling the Blockchain Future at Hong Kong's Leading Web3 Festival 2024

Retrieved on: 
Wednesday, April 10, 2024

SINGAPORE, April 10, 2024 /PRNewswire/ -- Deepcoin Labs, a leading venture capital firm specializing in blockchain, digital assets, and cryptocurrencies, proudly announces its successful participation in the renowned Hong Kong Web3 Festival 2024 .

Key Points: 
  • SINGAPORE, April 10, 2024 /PRNewswire/ -- Deepcoin Labs, a leading venture capital firm specializing in blockchain, digital assets, and cryptocurrencies, proudly announces its successful participation in the renowned Hong Kong Web3 Festival 2024 .
  • As a platinum sponsor of the festival, Deepcoin Labs reaffirms its commitment to driving innovation, fostering collaboration, and propelling the growth of the Web3 ecosystem.
  • Sandy, representing Deepcoin Labs, delivered a captivating speech at the Hong Kong Web3 Festival on the second day of the event, titled Unlocking the Future: Navigating Web3 Investment Trends.
  • As the festival comes to a close, Deepcoin Labs looks forward to furthering its partnerships, exploring new opportunities, and shaping the future of Web3 alongside industry leaders and enthusiasts.

BioCatch Releases Comprehensive Analysis of Banking-Fraud and Financial-Crime Trends in Germany

Retrieved on: 
Wednesday, April 10, 2024

BERLIN and NEW YORK, April 10, 2024 /PRNewswire/ -- In a report released today, BioCatch – the global leader in digital-fraud detection and financial-crime prevention powered by behavioral biometric intelligence – published findings showing Germany suffers less from the purchase scams tormenting the rest of the continent and more from typical impersonation and investment scams. Most often, these attacks come from native German-speakers residing in Eastern Europe, both making these scams appear more legitimate to German victims and contrasting with the English-speaking world, where most attacks originate in Asia. Fraud victims in Germany also received fewer refunds than those scammed elsewhere in Europe.

Key Points: 
  • Fraud victims in Germany also received fewer refunds than those scammed elsewhere in Europe.
  • "If there's good news for German banking customers," BioCatch Director of Global Fraud Intelligence Tom Peacock said, "it's that Germany has some of the best financial regulation in the world.
  • BioCatch also expects the rapid advancements in generative artificial intelligence (GenAI) to impact Germany just as it will the rest of the world.
  • Click here to access BioCatch's full 2024 Digital Banking Fraud Trends in Germany report and learn how to safeguard your financial institution against an ever-expanding array of fraud threats.

BioCatch Releases Comprehensive Analysis of Banking-Fraud and Financial-Crime Trends in Germany

Retrieved on: 
Wednesday, April 10, 2024

BERLIN and NEW YORK, April 10, 2024 /PRNewswire/ -- In a report released today, BioCatch – the global leader in digital-fraud detection and financial-crime prevention powered by behavioral biometric intelligence – published findings showing Germany suffers less from the purchase scams tormenting the rest of the continent and more from typical impersonation and investment scams. Most often, these attacks come from native German-speakers residing in Eastern Europe, both making these scams appear more legitimate to German victims and contrasting with the English-speaking world, where most attacks originate in Asia. Fraud victims in Germany also received fewer refunds than those scammed elsewhere in Europe.

Key Points: 
  • Fraud victims in Germany also received fewer refunds than those scammed elsewhere in Europe.
  • "If there's good news for German banking customers," BioCatch Director of Global Fraud Intelligence Tom Peacock said, "it's that Germany has some of the best financial regulation in the world.
  • BioCatch also expects the rapid advancements in generative artificial intelligence (GenAI) to impact Germany just as it will the rest of the world.
  • Click here to access BioCatch's full 2024 Digital Banking Fraud Trends in Germany report and learn how to safeguard your financial institution against an ever-expanding array of fraud threats.

Feedback on the input provided by the European Parliament as part of its resolution on the ECB’s Annual Report 2022

Retrieved on: 
Thursday, April 18, 2024

Beyond managing related risks, the financial sector can also contribute to the transition toward a net-zero economy.

Key Points: 
  • Beyond managing related risks, the financial sector can also contribute to the transition toward a net-zero economy.
  • Our work aims to enhance data transparency in climate change analysis, while informing monetary policy, financial stability and banking supervision.
  • The indicators we have developed focus on the euro area financial sector and are built from harmonised granular datasets.