Blockchain
Search documents
SoFi CEO on launch of crypto trading: Blockchain and crypto are a supercycle technology just like AI
Youtube· 2025-11-11 14:12
Core Viewpoint - SoFi is launching cryptocurrency trading on its platform, marking a significant milestone as the first national bank to offer the ability to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, and Solana [1][3]. Company Overview - SoFi aims to be a one-stop shop for all financial services, filling a gap in cryptocurrency offerings that has existed for the past two years due to regulatory restrictions [2][5]. - The company is leveraging a recent interpretive letter from the Office of the Comptroller of the Currency (OCC) that allows banks to offer cryptocurrency services [3]. Product Offering - Initially, SoFi will offer three cryptocurrencies but plans to expand the selection significantly [4]. - Users can fund their crypto investments directly from their SoFi checking and savings accounts, which earn interest and are FDIC insured up to $2 million [6][7]. Competitive Advantage - SoFi differentiates itself from competitors like Coinbase and Robinhood by being a nationally chartered bank, providing a secure infrastructure and a comprehensive suite of financial services [5][8]. - The platform allows for various financial activities, including international payments and self-served wires, in addition to cryptocurrency trading [10]. Market Demand - A survey indicated that 60% of SoFi members expressed interest in investing in cryptocurrency through a regulated entity like a bank [13]. - The company acknowledges the high-risk nature of cryptocurrencies and advises members to approach investments cautiously, suggesting that it should only represent a small portion of their overall portfolio [14]. Future Outlook - SoFi plans to launch its own stablecoin, SoFi USD, in January, which will be backed dollar-for-dollar by reserves held in its Federal Reserve bank account, mitigating liquidity and credit risks [19][20]. - The company is aware of the potential risks associated with stablecoins, particularly those not issued by banks, and emphasizes its commitment to maintaining low risk in its offerings [22][23].
SecureTech Further Reduces Outstanding Shares 11.3%
Globenewswire· 2025-11-11 13:30
Core Insights - SecureTech Innovations, Inc. has announced a significant reduction in its outstanding common shares as part of its 2025 Share Reduction Program [1][2] - The company has canceled an additional 4,000,000 shares, resulting in an 11.3% reduction in total shares, bringing the total to 31,370,414 shares [2] - SecureTech aims to reduce the total number of issued and outstanding shares to below 20 million by the end of 2025, with further reductions anticipated in the current fiscal quarter [3] Company Strategy - J. Scott Sitra, President and CEO, emphasized the success of the Share Reduction Program and the commitment to further reductions before the end of FY2025 [4] - The share reductions are part of a strategy to uplist to NASDAQ in early 2026, guided by Craft Capital Management [4] Company Overview - SecureTech Innovations is a leader in artificial intelligence, industrial 3D printing, cybersecurity, and digital infrastructure solutions [1] - The company is also involved in blockchain and Web3 technologies through its Piranha Blockchain subsidiary, focusing on secure digital asset storage and online privacy [5] - SecureTech is known for its safety device, Top Kontrol, which is designed to prevent theft and carjacking [5]
X @BNB Chain
BNB Chain· 2025-11-11 13:01
BNB Chain now has the full payment stack:✅ Fast, cheap settlement (BSC + opBNB)✅ On-chain FX + cross-border✅ Merchant acceptance✅ Crypto cards✅ AI-native payments✅ Fiat on/off ramps ...
X @Avalanche🔺
Avalanche🔺· 2025-11-11 13:00
Institutions are building their own blockchains to modernize finance. Digital Liquidity Gateway proves this. On Avalanche.Read more: https://t.co/YIIl9ip4av ...
X @BSCN
BSCN· 2025-11-11 12:11
RT BSCN (@BSCNews)📣 BNB Chain News Update: Tuesday November 11th...@BNBChain's Fermi hardfork showcases its impact on testnet, @yzilabs unveils a new hackathon, @JANCTION_Global's $JCT and @AlloraNetwork's $ALLO see Binance Alpha support, and $BLESS, $AIC and $SIREN all see serious price action... Catch up now ⬇️ ...
Health In Tech and AlphaTON Capital to Unveil Blockchain Healthcare Vision at Web Summit Lisbon
Prnewswire· 2025-11-11 12:00
Core Insights - Health In Tech and AlphaTON Capital are collaborating to develop HITChain, a blockchain-enabled insurance claims processing platform aimed at improving the efficiency and transparency of healthcare claims processing [3][4]. - The discussion at the Web Summit will focus on how blockchain technology can facilitate faster payments and enhance trust in healthcare data [2][5]. Company Overview - Health In Tech (Nasdaq: HIT) is an Insurtech platform that leverages third-party AI technology to streamline processes in the healthcare industry through vertical integration and automation [8]. - The company aims to address the inefficiencies in the healthcare claims process, which often involves outdated systems and delayed claims [4][8]. Event Details - The panel discussion titled "Blockchain Rx" will take place on November 12, 2025, at 11:35 AM on Stage 14 of the Web Summit in Lisbon, Portugal [6]. - Key speakers include Tim Johnson, Brittany Kaiser, and Dr. Dustin Plantholt, who will discuss the potential of blockchain in reshaping healthcare administration [2][6].
X @Starknet (BTCFi arc)
Starknet 🐺🐱· 2025-11-11 10:27
RT Brother Lyskey (@Lyskey)Starknet is seriously becoming the endgame of blockchains.Offering everything builders and users need on a single layer.✅ 2500 UOPS capacity✅ 500ms tx latency✅ $0,001 gas fees for most tx✅ Secure by Ethereum✅ Decentralized sequencer architecture✅ Web2-like UX for gaming & consumer apps✅ Staking powered by STRK (75%) & BTC (25%)✅ Native Account Abstraction✅ Flywheel with BitcoinComing:⏳ Privacy⏳ STRK buyback & burn mechanism⏳ New STRK value-driving mechanism⏳ BitVM-powered bridge t ...
Top 15 Fintech Events to Attend in Hong Kong in Q4 2025 until Q3 2026
Fintech Hong Kong· 2025-11-11 01:46
Core Insights - Hong Kong is recognized as a leading fintech hub with over 1,200 fintech companies and a supportive government focused on innovation and technology adoption [1][2] - The government has introduced new initiatives to modernize the financial system, enhance AI adoption, and promote tokenization [2] - A series of significant fintech events are scheduled in Hong Kong, attracting global leaders to discuss opportunities and challenges in the sector [3] Fintech Events in Hong Kong - The AVCJ Private Equity Forum 2025 will take place from November 17-20, 2025, featuring over 3,400 senior professionals and discussions on macroeconomic trends and private equity strategies [5][6] - The NEXX CFO Forum 2025 on November 19 will focus on leveraging AI for enterprise impact and governance, with participation from senior financial executives [9][10] - Insurtech Insights Asia 2025, scheduled for December 3-4, 2025, will connect over 5,000 industry leaders to discuss AI and emerging technologies in insurance [15][16] Upcoming Events in 2026 - The Digital Asset Innovators Summit Asia 2026 on January 22-23 will explore growth opportunities in the digital asset market with over 500 participants [19][20] - The Asian Financial Forum 2026 on January 26-27 will gather more than 3,600 participants to discuss fintech, investment, and economic policy [23][24] - Digital Assets Week on February 4-5 will focus on tokenization and digitalization of financial assets, bridging institutional finance and regulatory bodies [27] Key Themes and Discussions - The Banking Summit Asia on September 22, 2026, will address the evolving landscape of Asian banking amid geopolitical volatility and digital transformation [65][66] - Key themes across various events include AI's role in financial markets, regulatory developments, and strategies for risk management in a multi-asset environment [6][34][66] - The focus on ESG standards and sustainable finance will be prominent in discussions, particularly at the NEXX CFO Forum and other related events [10][12]