Everclear, formerly Connext, said it will shut down its foundation, labs, and product entities. The team said the protocol is no longer operating, all remaining user funds have been withdrawn, and options under review include open-sourcing the code and a $50,000 to $200,000 token buyback.
Baanx acquires a stake in Maxwell State Bank for millions of dollars, becoming the third-largest shareholder. The deal aims to enhance cybersecurity and banking access for communities, blending crypto lending with traditional banking.
Baanx, a fintech specializing in crypto lending and secure payments, becomes third-largest shareholder in Maxwell State Bank. The multi-million dollar deal aims to enhance cybersecurity and banking access in the US.
Baanx, a London-based fintech offering crypto lending and payment integration, becomes the third-largest shareholder in Maxwell State Bank through a multi-million-dollar deal. The bank has nearly 80 years of history and $29.6 million in assets. The partnership aims to enhance cybersecurity and expand digital asset banking services in the US.
UK fintech platform Baanx makes a multi-million-dollar deal to become the third-largest shareholder in FDIC-insured Maxwell State Bank, aiming to boost cybersecurity and banking access.
Ripple announces major expansion in Africa, citing over 52% YoY growth in on-chain activity with $205B+ in value. The company is boosting RLUSD stablecoin adoption through partnerships with Chipper Cash, VALR, and Yellow Card, and collaborating with Mercy Corps Ventures on blockchain-based aid delivery in Kenya.
SBI Holdings, Japan's largest financial institution, has extended its XRP-based shareholder reward program to its listed mortgage service subsidiary SBI ARUHI. The move integrates blockchain with traditional banking, potentially increasing XRP demand and adoption across Japan.
Japanese financial giant SBI Holdings has extended its XRP-based shareholder rewards program to include SBI ARUHI, a publicly-listed mortgage company. Investors can now receive XRP tokens as benefits, boosting XRP adoption across Japan and further bridging blockchain with traditional finance.
