With the Government’s consultation on a UK central bank digital currency (CBDC) or digital pound closing today, new research released today by Trezor, the original bitcoin and crypto hardware wallet company, reveals widespread alarm among the UK public about its potential for abuse:
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Hong Kong-based OneDegree, a leader in digital asset insurance and generative AI-enabled InsurTech solutions, has successfully garnered a significant amount of funding in their recent investment round.
Innovative FinTech startup, Mia-FinTech, has partnered with leading passwordless authentication platform, Futurae, to give their customers access to advanced authentication and authorisation services for digital identity management.
LHV Bank, a leading provider of banking services to global fintechs and SME lending solutions to UK businesses, announces the appointment of Rachelle Frewer as its incoming Chief Financial Officer. Subject to regulatory approval, Rachelle will start her position on 2 January 2024 and will also join the Board of Directors of LHV Bank.
Nokod Security, a company developing security for low-code / no-code custom applications and Robotic Process Automation (RPA), announced its $8 million seed round, which will be used to establish a presence in the United States market, as well as to expand the R&D teams and support novel research
Recent headlines have unsettled investors, banks, their customers, and regulators. The sudden collapse of storied banks with sometimes long histories exposed the fragility of financial institutions and how rapidly the contagion of panic can spread throughout the system. The notions of any bank being “too small for regulation” or “too big to fail” have been proven wrong. Recent events stand as a reminder of how vulnerable the banking sector can be when economic turmoil and events drive rapid changes in market conditions.
AlloyX, a decentralized finance (DeFi) protocol that aggregates tokenized credit, announced today the launch of a liquid real-world asset (RWA) vault product after closing a $2 million pre-seed funding round1 led by Hack VC, with investments from Circle Ventures, Digital Currency Group, Stratos, Lecca Ventures, MH Ventures, very early Ventures, Archblock, dao5, and Credix Finance.















