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Binance-Backed DeFi Credit Union Platform Secures Partners, Funding Before Launch

Xend Finance, a Nigeria-based decentralized finance (DeFi) platform for credit unions and cooperatives, has secured new partners and funding as it prepares for its bid to bring high-interest savings opportunities to Africa.Set to launch its mainnet in March, the firm announced Tuesday that it has partnered with software service provider

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Western Union Makes Takeover Offer for MoneyGram

[sociallocker id="55298"] Western Union might be purchasing cross-border payments company MoneyGram.According to a June 1 article on Bloomberg, the payments giant recently made a takeover offer for MoneyGram. If successful, this would combine the two of the biggest money-transfer companies in the United States. Ups and downs during pandemicLockdowns and shelter-in-place

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Facebook Faces European Union Antitrust Probe over Libra Cryptocurrency

According to Bloomberg, the EU’s antitrust regulators have started investigating the Facebook’s Libra cryptocurrency project.Earlier in August, EU authorities sent out questionnaires to the groups involved with the Libra project, stating that the Commission is investigating whether the new digital currency project would unfairly shut out rivals. The questionnaire is

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