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Fintech Connect Unveils Its 2020 Agenda Featuring Speakers From Starling Bank, Tide, Facebook, Pinterest & HSBC

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Agenda for the UK’s largest fintech show includes sessions from more than 100 fintech heavyweights across four virtual conference streams

LONDON, UK—October 15, 2020: FinTech Connect, the trade show that connects the global fintech ecosystem, today revealed the agenda for its 2020 virtual event, which will take place between 30th November and 4th December.

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This year’s line-up includes the CEOs of major European challenger banks like Tide and Starling Bank, the global digital leads at some of the largest financial institutions in the world including Banco Santander and HSBC, and the fintech pioneers within disruptors like Facebook, Pinterest, and JUST EAT. Speaker highlights include:

  • Sarika Sangwan, Global Head of Strategy & Marketing Financial Services, Pinterest
  • Chirag Patel, EVP Global Payments, Banco Santander
  • Anne Boden, CEO, Starling Bank
  • Oliver Prill, CEO, Tide Bank
  • Daniel Mast, Head of L&S Innovation and Tradelens Technology Strategy, A.P. Moller – Maersk
  • William Lovell, Head of Future Technology, Bank of England
  • Sean Ringsted, Chief Digital Officer, Chubb
  • Peter Tilton, SVP Digital, Royal Bank of Canada
  • Paul Cobban, Chief Transformation Officer, DBS
  • Kristy Duncan, CEO, Women in Payments
  • Ben Shipway, Global Head of Product & Technology, FinTech, JUST EAT
  • Ville Sointu, Head of Emerging Technologies, Nordea
  • Ben Arber, Head of Financial Crime Compliance, HSBC
  • Aleksi Grym, Head of Digitalization, Bank of Finland
  • Jacqueline Chilton, VP Payments & Fraud, Ticketmaster

“2020 has been a landmark year for fintech. The pandemic has accelerated the pace of transformation at an unprecedented rate and, at the same time, recent scandals around governance have threatened the reputation of the entire sector. We’re reaching an inflection point in fintech’s maturity and so, as we near the end of this tumultuous year, it’s never been more important for the community to coral together and define its future,” said Laurence Coldicott, FinTech Connect’s Director of Content.

“Entering its sixth year, Fintech Connect’s 2020 virtual edition provides a platform to do just that, uniting colleagues from every timezone without the expense of travel or registration fees,” says Coldicott.

Content sessions will belong to one of four streams, Digital Transformation, PayTech, Blockchain, and RegTech, which will deliver a comprehensive, in-depth examination of the current state and future direction of FinTech across the world.

The 2020 edition of FinTech Connect will be held virtually from November 30 to December 4, and will bring together 8,000+ of the fintech community to share best practices, showcase new products and solutions and shape financial services of the future. Register to attend here or explore sponsorship opportunities for 2020.

Source: https://www.cryptonewsz.com/fintech-connect-unveils-its-2020-agenda-featuring-speakers-from-starling-bank-tide-facebook-pinterest-hsbc/

Blockchain

Bithumb Temporarily Shuts Down Some Offices As Korea Faces Another Possible COVID-19 Outbreak

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South Korea’s largest cryptocurrency exchange Bithumb announced today that it is shutting down its offline offices as Korea struggles with a renewed coronavirus outbreak.

Bithumb Suspending Offline Support

Since the start of November, the country has been recording increased daily cases of COVID-19, with the number tripling in the last nine days. This has raised fears that South Korea has entered a third wave of the pandemic.

As authorities are taking measures to strengthen social distancing to curtail the spread of the virus, Bithumb said in its announcement that it intends to suspend its Seoul offline support service temporarily.

Bithumb noted that the Gangnam center office shutdown will begin on Tuesday, Nov 24, and will remain closed until further notice.

“We ask for your understanding of any inconvenience in using the service, and we will inform you of the normalization time of offline Gangnam Center operation through a separate notice,” the exchange said.

Bithumb Raided

In September, Bithumb was the headline across the crypto space. The exchange’s head office was reportedly raided three times as local authorities searched and confiscated company documents. In one of the raids, they seized dozens of shares in Bithumb Holdings belonging to Bithumb Korea Director Kim Byung-Gun.

The police accused Bithumb of fraud related to the $25.2million BXA token presale conducted by the company. Before the presale, Bithumb promised to list the token for trading after the event but failed to do so, causing investors to suffer massive losses.

Two weeks after the raids, authorities summoned Bithumb’s Chairman Lee Junh-hoon for questioning.

Bithumb For Sale?

Following the raid and probe, another report claimed that the exchange was up for sale with a price tag ranging from $430 million to $604 million. The report revealed that foreign financial investors and domestic private equity funds had shown interest.

However, Bithumb has remained quiet about the sale as well as the police investigation.

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Source: https://cryptopotato.com/bithumb-temporarily-shuts-down-some-office-as-korea-face-another-possible-covid-19-outbreak/

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IDEX Announces Multi-Chain Solution and Expands to Polkadot and Binance Smart Chain

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The popular decentralized cryptocurrency exchange (DEX), IDEX, has announced a multi-chain solution that is intended to expand its entire infrastructure to additional blockchains, namely, Polkadot and Binance Smart Chain.

IDEX Expands to Binance Smart Chain and Polkadot

In a press release shared with CryptoPotato, IDEX has revealed its multi-chain solution. Called Multiverse, it’s intended to expand the DEX’s infrastructure, including its layer-2 scaling and staking solutions to additional blockchains.

Its first implementation is going to be deployed on Polkadot’s layer 0 and Binance Smart Chain’s layer 1. This will enable the trade of digital assets on each of the platforms. In addition, IDEX token holders will also benefit from staking options starting from November 23rd.

It’s important to note that Polkadot will be used as layer 0. This means that IDEX will use a parachain of Polkadot in order to tap into its ecosystem. An example of this is Moonbeam. Speaking on the matter was IDEX co-founder and CEO Alex Wearn, who said:

In the past year, we’ve seen several new smart contract platforms emerge, each with a unique set of capabilities and assets. As these platforms grow, we’ll see increased demand for trading these assets and a need for non-custodial trading solutions that support these networks.

Attempts of Further Growth

It goes without saying that both Binance Smart Chain and Polkadot have gained serious popularity, offering an alternative to Ethereum’s network, which was troubled with congestion and high fees as the DeFi boom was at its peak.

IDEX hopes to bring its technology to emerging smart contract platforms. Through its Multiverse, the decentralized exchange aims to become a one-stop app for trading crypto assets on a range of different blockchains through a unified and secure platform.

All of its infrastructure, including its layer-2 system, will be further deployed on each layer-1 network. Independent assets will be issued on every new chain to support IDEX’s new layer2 economic model.

With this in mind, the first multi-chain IDEX tokens that are designated for Binance Smart Chain and Polkadot are IDXB and IDXP, respectively.

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Source: https://cryptopotato.com/idex-announces-multi-chain-solution-and-expands-to-polkadot-and-binance-smart-chain/

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Bitcoin price rocket rally to $20,000 unstoppable, here is what to watch out for

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  • Bitcoin bulls are intensional about hitting a new all-time high and holding above $19,000 is very critical.
  • BTC/USD could enter a price discovery period if it penetrates the all-time high barrier near $20,000.

Bitcoin bull rally is still on and seems unstoppable, perhaps until it hits its all-time high. On Tuesday, the flagship cryptocurrency surprised many by lifting off above $19,000. Moreover, BTC has managed to stay above $19,000.

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At writing, BTC is doddering at $19,182 while holding above the month-long ascending parallel channel’s middle boundary. All eyes are fixated on breaking above $20,000, which will allow Bitcoin to enter a price discovery period.

Bitcoin has continued to rally despite technical and on-chain indexes spelling doom. In other words, the price could be rallying due to greed, hope, and euphoria among investors. However, it is essential to be aware that a reversal is usually imminent in such an extended bull cycle.

For now, staying above the channel’s middle boundary is the first step to ensuring Bitcoin continues with the uptrend. On the other hand, the Relative Strength Index appears to be holding above the midline following a rejection from the overbought region. If the index renews the uptrend, the bellwether cryptocurrency may also jumpstart the final leg to $20,000.

BTC/USD 4-hour chart

BTC/USD price chart
BTC/USD price chart by Tradingview

In addition, Bitcoin has been trading above all the three moving averages and especially the 50 SMA in the 4-hour timeframe. In bull markets, holding above the 50 SMA is a critical indicator that Bitcoin is not done with the upside. The gap made by the 50 SMA above both the 100 SMA and 200 SMA also doubles down on the bulls’ presence in the market.

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It is worth mentioning that the mission to hit a new all-time high will be abandoned if Bitcoin slides under the channel’s middle boundary support. The RSI may also drop below the midline, suggesting the bearish pressure is rising. Support is expected at the 50 SMA as well as $18,000. Extended losses will seek an anchor with the 100 SMA at $17,000.

Bitcoin intraday levels

Spot rate: $19,084

Relative change: -92

Percentage change: -0.38

Trend: Bearish

Volatility: Expanding


To keep track of DeFi updates in real time, check out our DeFi news feed Here.

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Author: John Isige




John is a talented writer with over two years of experience actively contributing to the cryptocurrency industry by providing credible, interesting and easy to read the content. His main focus is on cryptocurrency price analysis and industry news coverage. Lets follow him on Twitter at @jjisige

Source: https://coingape.com/bitcoin-price-to-ascend-to-20000-if-these-technical-indexes-remain-intact/

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