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Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval

Caitlin Long's Avanti Crypto Bank Raises $5 Million Funding Round, Inches Closer to Banking Charter Approval

Avanti Financial Group, the crypto-focused bank, led by the Caitlin Long University of Wyoming Alumna, has taken another important step towards becoming a chartered crypto bank in the country. Caitlin Long is the founder and CEO of Avanti bank. The crypto bank has raised an angel round worth $5 million from several popular investors in cryptocurrency. The University of Wyoming Foundation led the funding round with partnerships from Malex Enterprises, Lemniscap, Antony Pompliano, Morgan Creek Digital, Blockchain Capital, Madison Paige Ventures, Gary Gigot, Digital Currency Group, Susan B. Anthony, and many others.

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

Caitlin Long's Avanti Becomes the Second Crypto Bank in the US, Open for Commercial Clients in Early 2021

The Avanti Financial Group has recently become the second cryptocurrency company to get a banking license in the United States.

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa Unveils Innovative Web3 Loyalty Program with SmartMedia Technologies

Visa teams up with SmartMedia Technologies to launch a pioneering Web3 Loyalty Engagement Solution, revolutionizing customer loyalty with gamified, immersive experiences and digital wallets.

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative

Ex-Binance CEO Zhao Unveils Education-Driven Crypto Initiative

Zhao, Binance's former CEO, reveals a new education-centric blockchain project, excluding token offerings, with details to follow.

Worldcoin Launches Advanced Identity Verification in Singapore

Worldcoin Launches Advanced Identity Verification in Singapore

Worldcoin expands to Singapore with World ID verification, following a temporary pause in India due to high demand and regulatory scrutiny.

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

Arizona State University Offers Blockchain Technology, Enhancing Student’s Academic Journey

Arizona State University (ASU) is going a notch by deploying a blockchain-based technical stack enterprise infrastructure for its students.

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Binance Rewards Crypto Literacy with Bitcoin NFTs Knowledge Contest

Binance introduces a Word of the Day game focusing on Bitcoin NFTs, offering 500,000 Binance Points to participants during the Bitcoin Halving celebration.

How Can Blockchain Technology End Labour Market Woes?

How Can Blockchain Technology End Labour Market Woes?

In its usual bid to take over the technology ecosystem, blockchain technology can be instrumental in the fight against unemployment through a creative aggregation of data for easy verification. This is revealed in a research report published on June 8 and sponsored by the American Council on Education.

Global Supply Chain Financing: A New Era of Resilience and Diversification

Global Supply Chain Financing: A New Era of Resilience and Diversification

Citi's 2024 report on supply chain financing highlights a shift towards resilience and diversification in global trade, emphasizing technological innovations and the adoption of the China Plus One strategy.

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs

Exclusive: Blockpass COO, on the Significance of the FATF Travel Rule to VASPs

Personal identity is a fundamental human right according to Article 8 of the United Nation’s Convention on the Rights of the Child. Identity is crucial to a functioning society and economy, however, there are 1.1 billion people in the world that do not have proof of identity and 45% of them are among the poorest 20% around the world. For enterprises, customer data protection can be proven costly as 2.8 billion consumer data records were exposed at an estimated cost of more than $654 million in 2018.

US Fed denies Custodia Bank membership over crypto concerns

US Fed denies Custodia Bank membership over crypto concerns

The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities. The bank is also prohibited from running crypto-related services if accepted as a member.

Wakweli and Polygon Partner for NFT Authentication

Wakweli and Polygon Partner for NFT Authentication

Web3 protocol Wakweli has partnered with layer-2 scaling platform Polygon to offer certification of authenticity for NFTs. The partnership will allow all digital assets on Polygon to be compatible with Wakweli's certification system, enhancing the security of the digital ecosystem. Wakweli's testnet will be available in April, with alpha testing with Polygon's mainnet set to begin in Q2 2023.

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