Tag: finance | BizAndTech Newswire

finance

Brazil’s Central Bank Partners with Chainlink and Microsoft for DREX, a Trade-Focused CBDC
The Central Bank of Brazil is partnering with Chainlink, Microsoft, and others to develop DREX, a new CBDC. DREX will specialize in cross-border trade rather than everyday use, incorporating artificia...

Brazil advances CBDC technology with new cross-chain pilot using Chainlink’s CCIP
The Central Bank of Brazil (BCB) is advancing its central bank digital currency (CBDC) framework initiative by collaborating with Banco Inter, Microsoft Brazil, 7COMm, and Chainlink, according to a No...

Financial Institutions Face Surge in Check Fraud
Banks, credit unions and brokerages are reportedly racing to keep up with a surge in check fraud as tips for committing the crime are being shared on social media platforms. These scams take advantage...

High-Income Shoppers Load Up Their Grocery Carts at Walmart
During the latest conference call with analysts, Walmart’s management observed that that, in a quarter where same-store sales were up 5.3% in the United States, transaction counts and unit volumes w...

A Brief History And Evolution Of DeFi
To understand the transformative impact of decentralized finance (DeFi), it’s important to explore its journey from conceptualization to modern-day innovation. The Pre-Bitcoin Era DeFi’s roots...

AI Tools Streamline Social Media and Small Business Tech
Tech companies are rolling out a wave of artificial intelligence (AI)-powered tools to streamline social media management and customer service, with TikTok’s Symphony Creative Studio and startups li...

Two Solana Ecosystem Altcoins Jump After Crypto Exchange Bithumb Announces Trading Support
Two Solana (SOL)-based altcoins are rallying amid sudden support from the South Korean crypto exchange Bithumb. Bithumb announced spot trading support starting on Tuesday for memecoin PONKE (PONKE) an...

Crypto Veteran Arthur Cheong Bullish on DEX Built on Coinbase-Backed Base Chain
The venture capitalist Arthur Cheong is calling attention to one decentralized exchange (DEX) altcoin he thinks is primed for a bullish trajectory. The DeFiance Capital CEO, citing data from the analy...

Chainlink Collaborates With Microsoft on CBDC Commissioned By Brazil’s Central Bank
Blockchain oracle service provider Chainlink (LINK) is working on a pilot project for Brazil’s proposed central bank digital currency (CBDC) called DREX with Microsoft and other firms in the country...

Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU
The post Paxos Agrees To Acquire Membrane Finance To Expand Its Presence In EU appeared first on Coinpedia Fintech News In the latest development, Paxos, the leading regulated blockchain and tokeni...

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