Mobile Financial News

Morgan Stanley has formed a new growth-capital strategy that aims to invest $1bn to back companies that will seek to cut a total of one gigaton worth of carbon-dioxide emissions by 2050 — and the bank is tying the strategy’s performance fees to that goal.

AI-driven ESG ratings firm Truvalue Labs has defended its methodology after awarding collapsed crypto giant FTX a higher score for governance than Exxon Mobil.

By selecting the 'Easy Bank Transfer' option when adding funds to their account, users can authenticate their payment directly from their mobile banking app, confirm their payment, and then be redirected back to Coinbase.Francesco Simoneschi, co-founder and CEO at TrueLayer, says: “Payment methods like cards and manual bank transfer don’t support an efficient fiat to crypto on ramp. That creates a poor user experience and unnecessary operational overheads for exchanges.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

Disclaimer: The text below is a press release that is not part of Cryptonews.com editorial content.

NFTs have revolutionized the crypto market because they have created new ways for holders to generate revenue. It’s a novel idea that has understandably taken the wider world by storm, and more brands and businesses are entering the NFT space.

Litecoin [LTC] had some good news to share with the crypto community as it mentioned that LTC had zero downtime in over 11 years of its existence. This represented the reliability of the blockchain. Moreover, Litecoin also marked its 11th birthday, which in itself was a commendable achievement. 

NFT games have become a hit in the market and the niche appears to be hitting a critical mass after years of being limited to users with a strong interest in crypto. That has changed with games becoming accessible and interesting to non-tech-savvy users.

Gemini has entered the Irish market. The company now provides crypto exchange and custody services to individuals and institutions.

German mobile bank N26 reported Tuesday a sharp rise in annual revenues as usage of its platform grew, however losses also ticked higher after an increase in spending on regulatory compliance. 

Data from the whale tracking platform, WhaleStats stated that a Shiba Inu [SHIB] whale withdrew 1.7 trillion SHIB from the crypto exchange Huobi.

Mobile gaming company Coda Labs recently carried out a user study focusing on the Web3 gaming industry. The study was led by WALR, a leading data creation firm and a member organization of the Market Research Society. 

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Aaron Clauson, co-founder and CTO, explains: "The technical vision behind NoFrixion is to support merchants with today’s payment networks - predominantly cards and bank transfer - while being ready for the networks of the future, which will be based on digital wallets stored on customer's mobile devices."For developers the NoFrixion MoneyMoov API can allow them to incorporate multiple payment options covering cards, open banking - including Sepa and FasterPayments - and Bitcoin Lightning in a single API.Feargal Brady, co-founder and CEO of NoFrixion (pictured), says: “Internet banking promised much which it never fully delivered, and hasn’t evolved with the instant economy. MoneyMoov connects digital payments to ERPs, accounting platforms and core business applications, cutting out internet banking, manual processing and similar inefficiencies.

The Indian Directorate of Enforcement (ED) revealed that it froze the assets of a mobile gaming application called E-nuggets. The ED froze WRX [WazirX] and USDT [Tether] cryptocurrencies that were worth INR 47.64 lakhs. 

MetaMask has launched a beta portfolio dApp that allows users to have an overview of their cryptos and non-fungible token (NFT) in one place. To do so, the app connects their accounts and crypto assets across multiple chains in one interface.

A costly troop mobilization, plunging energy prices and a new round of Western sanctions threaten to bear down on Russia’s already embattled economy and undermine the financial underpinnings of President Vladimir Putin’s war in Ukraine.

Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.

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For its part, CaixaBank will focus on producing a prototype for P2P online payments using the digital euro.