Latest FinTech & Blockchain News
BLAQclouds Launches ApolloCASH on December 20
BLAQclouds, Inc. (OTC: BCDS) announces the full retail launch of ApolloCASH today, a zero-knowledge, single-use liquidity protocol for real-time cross-border remittances using fiat rails like PayPal and Wise. It features atomic settlement, privacy via zk-proofs, and non-custodial architecture to eliminate liquidity fragmentation and counterparty risk.
The protocol supports P2P payments, merchant invoicing, and integrates with platforms like Shopify.
$666 Million Cryptocurrency Token Unlocks in December
December features $666M in token unlocks from December 15-22, including major releases from SUI (20% of supply), DYDX, AVAX, and ZRO, potentially increasing market volatility and liquidity. These events historically trigger price shifts and higher trading volumes, with additional unlocks for ARB, SOL, and RAIN looming.
Investors are advised to prepare strategies amid supply surges.
Kontigo Raises $20M Seed Funding for Stablecoin Neobank
US-based stablecoin neobank Kontigo secures $20M in seed funding from investors like DST Global and Coinbase Ventures to fuel global expansion. The platform offers USDC wallets, stablecoin cards with Bitcoin cashback, international accounts, and tokenized US stocks, achieving $30M annual revenue and $1B payment volume.
Backed by Y Combinator, it targets rapid user growth beyond one million.
Mastercard Advances Blockchain Innovation in Middle East
Mastercard is supporting blockchain developments and innovation in the Middle East region. Related moves include Circle and LianLian Global exploring stablecoin cross-border payments, and Exodus, M0, MoonPay launching a digital dollar for daily use.
Additionally, crypto exchange Hashkey raises $206M in Hong Kong IPO.
CoinDesk 20 Index Jumps 4.6% with All Constituents Higher
The CoinDesk 20 Index rose 4.6%, led by Sui (SUI) up 7% and Solana (SOL) up 6.9%, as all constituents traded higher. This performance update reflects on December 19, signaling broad market strength in top cryptos.
Gains indicate positive momentum amid ongoing sector developments.
Launchpad Cadenza Acquisition Corp Completes $230M IPO
Launchpad Cadenza Acquisition Corp I raises $230M in Nasdaq IPO, targeting mergers in technology and blockchain sectors. The SPAC aims to acquire innovative firms in these high-growth areas.
Completion strengthens capital for potential blockchain deals.
MetaMask Adds Native Bitcoin Support
MetaMask introduces native Bitcoin support, enhancing its wallet capabilities for BTC users. This update bridges Ethereum ecosystem with Bitcoin, improving interoperability.
It positions MetaMask for broader crypto adoption.
US SEC Publishes Crypto Custody Guide
The U.S. SEC releases a guide on crypto custody, providing regulatory clarity for asset custodians. The document outlines compliance standards amid growing institutional interest.
It aids FinTech firms in navigating custody rules.
Pakistan Clears Binance and HTX for Local Crypto Licenses
Pakistan approves Binance and HTX to pursue local cryptocurrency licenses, opening doors for regulated operations. This regulatory greenlight boosts blockchain adoption in the region.
It signals maturing crypto framework in emerging markets.
Coinbase Launches New Initiative
Coinbase announces a new launch, expanding its FinTech and crypto services. Details focus on product enhancements for users and institutions.
The move aligns with competitive blockchain innovations.
Hashkey Raises $206M in Hong Kong IPO
Crypto exchange Hashkey successfully raises USD 206 million through its Hong Kong IPO. The funding bolsters its position in Asian markets amid blockchain growth.
It highlights investor confidence in regulated crypto platforms.