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GrtWines is a new online investment platform that focuses solely on collectible wines. At the beginning of the year, GrtWines revealed its inaugural collection, “100 Magnums,” featuring Bordeaux wines. According to GrtWines, this first collection sold out in four days, thus displaying high demand for... Read More
Monad Labs says that it is accelerating the Ethereum Virtual Machine or EVM so that decentralized apps can “eat the world.” The EVM is the standard of web3; over 96% of all capital in DeFi is in EVM apps. In spite of this, EVM-compatible blockchains... Read More
While the number of users benefiting from Open Banking continues to increase worldwide, there is a divergence between the concept of Open Banking and Open Finance – at least according to Salt Edge. Salt Edge is an open banking platform that provides services interested in... Read More
Uphold, the global web3 financial platform, announces bitcoin as the next asset that can be deposited into Vault – an assisted self-custody wallet that strips away the complexities in securing digital assets. Originally, Vault supported XRP, but this addition “transitions Vault into the early stages... Read More
Yesterday, Deputy Secretary of the Treasury Wally Adeyemo testified before the Senate Banking Committee. In prepared testimony, Adeyemo called out digital assets—or crypto—and stated that bad actors are using these assets for nefarious activities. Adeymo said: “As we take steps to cut terrorist groups and... Read More
Lemonade (NYSE: LMND), the digital insurance company powered by AI and social impact, today announced the launch of Homeowners insurance in France in partnership with BNP Paribas Cardif. Millions of occupying homeowners “can now purchase extensive coverage for their home and belongings, featuring the same seamless... Read More
Accenture (NYSE: ACN) has acquired Axis Corporate, a Spanish management and technology business consulting firm specialized in financial services. Axis Corporate enhances Accenture’s strategy and technology offerings “that enable companies in Spain to reinvent their business models, more effectively manage costs and develop new products... Read More
Lloyds Bank is launching Ready-Made Pension in order to make saving for retirement easier. Just two fifths (42%) of the UK population know “how to contribute more into their pension,” according to new research from Lloyds Bank. The same study also found “that of those... Read More
Santander (NYSE: SAN) is announcing the launch of a new national, digital offering in the United States under the Openbank brand in the second half of 2024. Openbank will also be launched in Mexico in the same timeframe. Openbank operates with “a technological platform designed... Read More
Bitcoin experienced a solid rally of 67.0% during the quarter, marking as one of its most impressive first quarters to date, the team at NYDIG noted in a new report. This surge was primarily fueled by “the overwhelming demand for the recently introduced spot bitcoin... Read More