Ministry of National Education (France)

Bank Accounts in Crypto Are Now Real: Meet the New BaaS Solution from Mercuryo

Retrieved on: 
Friday, March 10, 2023

Digital asset organisations, such as exchanges, wallet providers, NFT services, DeFi protocols, DAOs, and others can integrate the BaaS solution into their ecosystems and open full-fledged bank accounts.

Key Points: 
  • Digital asset organisations, such as exchanges, wallet providers, NFT services, DeFi protocols, DAOs, and others can integrate the BaaS solution into their ecosystems and open full-fledged bank accounts.
  • Doing so enables their customers to seamlessly store, transfer, spend, and convert fiat to crypto within a single platform.
  • As the first mover in this field, Mercuryo has identified this challenge and moved to provide an effective solution with its new BaaS product .
  • "Mercuryo seeks to become a one-stop-shop for both conventional and crypto-native platforms that seek to seamlessly integrate financial infrastructure for crypto and fiat payments alike.

Øverlay, the first RegDeFi token launchpad on Concordium ready for mass adoption

Retrieved on: 
Wednesday, February 22, 2023

ZUG, Switzerland, Feb. 22, 2023 /PRNewswire/ -- The Beta-test whitelisting of Overlay, the first Regulated Decentralised Finance (RegDeFi) token launchpad on Concordium, has been successful.

Key Points: 
  • ZUG, Switzerland, Feb. 22, 2023 /PRNewswire/ -- The Beta-test whitelisting of Overlay, the first Regulated Decentralised Finance (RegDeFi) token launchpad on Concordium, has been successful.
  • Overlay and Concordium partnered with the goal to help protect users from fraud within a decentralized structure and currently around 300 testers have helped Overlay in getting ready to go live.
  • More are joining every day as testers receive Overlay token $OVL, USDC and CCD in advance.
  • The platform also offers a flexible, performance-based token distribution model that incentivises early adopters and rewards long-term participants.

Øverlay, the first RegDeFi token launchpad on Concordium ready for mass adoption

Retrieved on: 
Wednesday, February 22, 2023

ZUG, Switzerland, Feb. 22, 2023 /PRNewswire/ -- The Beta-test whitelisting of Overlay, the first Regulated Decentralised Finance (RegDeFi) token launchpad on Concordium, has been successful.

Key Points: 
  • ZUG, Switzerland, Feb. 22, 2023 /PRNewswire/ -- The Beta-test whitelisting of Overlay, the first Regulated Decentralised Finance (RegDeFi) token launchpad on Concordium, has been successful.
  • Overlay and Concordium partnered with the goal to help protect users from fraud within a decentralized structure and currently around 300 testers have helped Overlay in getting ready to go live.
  • More are joining every day as testers receive Overlay token $OVL, USDC and CCD in advance.
  • The platform also offers a flexible, performance-based token distribution model that incentivises early adopters and rewards long-term participants.

Banxa and MetaMask Partner to Make it Easier to Access Web3

Retrieved on: 
Tuesday, February 7, 2023

BANXA Holdings Inc. (TSXV:BNXA) (OTCQX:BNXAF) (FSE:AC00) ("Banxa'' or "The Company"), the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask , to simplify on-and-off ramping fiat to crypto.

Key Points: 
  • BANXA Holdings Inc. (TSXV:BNXA) (OTCQX:BNXAF) (FSE:AC00) ("Banxa'' or "The Company"), the leading on-and-off ramp solution for Web3, today announced an integration with ConsenSys’ leading self-custody Web3 wallet, MetaMask , to simplify on-and-off ramping fiat to crypto.
  • In addition, MetaMask users in the Netherlands, Australia, South Africa, and Turkey gain new access to Banxa’s crypto on-ramps through local banking infrastructure.
  • Simplified Onboarding: Banxa joins a number of existing solutions that make it easy for users, especially crypto novices, to access and store funds on MetaMask.
  • “MetaMask is one of the most reputable and trusted wallets in the space,” said Holger Arians, CEO of Banxa.

Elwood Technologies Unveils Enhanced Risk Management Capabilities

Retrieved on: 
Tuesday, February 14, 2023

LONDON, Feb. 14, 2023 /PRNewswire/ -- Elwood Technologies ("Elwood" or "the Company"), a platform providing institutional access to digital asset markets, extends its product offering with advanced Risk Management tools, providing clients the functionality to perform Live Position and Exposure tracking, Scenario Analysis, and Collateral Monitoring. These features have been made available to Elwood's institutional client base via their Portfolio Management System (PMS).

Key Points: 
  • Elwood Technologies CEO, James Stickland, commented on today's news: "Elwood understands that financial institutions expect a digital asset product that upholds the standards set by traditional asset classes.
  • With a suite of enhanced risk management tools now being added to our PMS, the Elwood platform enables institutions to invest in digital assets with the same confidence that they've had trading traditional assets for decades."
  • The advanced Risk Management Technology already deployed across select institutional Elwood clients provides significant new functionality within the PMS, offering clients the tools to perform Live Position and Exposure tracking, Advanced Risk Analytics, Reporting and Collateral Monitoring.
  • Stickland continued, "Risk Management is a critical tool to combat issues arising from overexposure in the market.

DeFiYield 2022 Annual Crypto Scam Report: Almost $50B Lost

Retrieved on: 
Wednesday, January 18, 2023

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20230117006201/en/
    According to DeFiYield’s REKT database , the world’s largest crypto scam database, $48.9b was lost, over 500% increase from 2021.
  • Here are the 5 biggest crypto losses of 2022:
    Terra Luna ecosystem one of the largest crypto projects to collabs began in May 2022.
  • In 2022, greatest losses in Crypto were in CeFi and Stablecoins, with a staggering loss of over $41b.
  • DEFIYIELD is dedicated to helping investors navigate this complex and constantly evolving space, with tools that keep you safe and informed.

Liquid Meta Reports Q2 2023 Financial Results

Retrieved on: 
Friday, January 13, 2023

TORONTO, Jan. 13, 2023 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTCQB: LIQQF) a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced its financial results for the three-months ending November 30, 2022.

Key Points: 
  • TORONTO, Jan. 13, 2023 /PRNewswire/ - Liquid Meta Capital Holdings Ltd. ("Liquid Meta" or the "Company") (NEO: LIQD) (FRANKFURT: N5F) (OTCQB: LIQQF) a decentralized finance infrastructure and technology company focused on bridging the gap between traditional and decentralized finance, today announced its financial results for the three-months ending November 30, 2022.
  • Liquid Meta had $4.9 M in total deposits on the FTX platform at the time of the 'bank-run'.
  • Liquid Meta is exploring all options to have any of its funds returned as part of the FTX bankruptcy process and will update investors on any developments.
  • This technology is designed to make on-chain operations simpler, safer, and more efficient for traditional financial institutions to access Web3.

The "2022 Web3 Asia Summit-Kuala Lumpur" Sponsored by DCOREUM Ended Highly Successful

Retrieved on: 
Monday, December 26, 2022

As the diamond sponsor of the summit, DCOREUM, together with its ecosystem partners, participate summit and play an important roles.

Key Points: 
  • As the diamond sponsor of the summit, DCOREUM, together with its ecosystem partners, participate summit and play an important roles.
  • DCOREUM, as the diamond sponsor of "2022 Web3 Asia Summit · Kuala Lumpur", Dato Sri Eddie Chong, one of its core ecosystem, presented on the "Evolution and application of DAO".
  • DCOREUM will help in all aspects to ensure success of the "2022 Web3 Asia Summit Kuala Lumpur".
  • And it is committed to opening the door of Web3 to all users, opening the decentralized economy ecosystem based on Web3, and creating more new opportunities in the era of Web3 Fintech.

Immunefi Reports $3.9B of Funds Lost in Crypto in 2022

Retrieved on: 
Friday, January 6, 2023

Singapore, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Immunefi , the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses in 2022 Report .

Key Points: 
  • Singapore, Jan. 06, 2023 (GLOBE NEWSWIRE) -- Immunefi , the leading bug bounty and security services platform for web3, protecting over $60 billion in user funds, published its Crypto Losses in 2022 Report .
  • The crypto industry lost $3,948,856,037 in 2022.
  • In 2022, DeFi continued to be the main target of successful exploits at 80.5% as compared to CeFi at 19.5% of the total losses.
  • The two most targeted chains in 2022 were BNB Chain and Ethereum, representing more than half of the chain attacks in 2022, at 63.3%.

OKX Ventures and Neptune Mutual Launch First OKX Cover Pool

Retrieved on: 
Thursday, December 22, 2022

VICTORIA, Seychelles, Dec. 21, 2022 (GLOBE NEWSWIRE) -- OKX Ventures, the venture arm of world-leading cryptocurrency platform OKX, and crypto hedging protocol Neptune Mutual today announced a partnership to deliver OKX’s first-ever cover pool.

Key Points: 
  • VICTORIA, Seychelles, Dec. 21, 2022 (GLOBE NEWSWIRE) -- OKX Ventures, the venture arm of world-leading cryptocurrency platform OKX, and crypto hedging protocol Neptune Mutual today announced a partnership to deliver OKX’s first-ever cover pool.
  • OKX users will also have the opportunity to be an LP for the cover pool and earn cover fee incomes.
  • Neptune Mutual’s parametric cover models are user friendly for cover purchasers, given the hassle-free payout process upon incident resolution.
  • The integration of Neptune Mutual’s cover pool solution into the OKX ecosystem will offer a new way to hedge against risk, appealing to investors and traders seeking advanced protection.