Finscanner Weekly News #6 and Report

Welcome to our Weekly Digest!

Here you can find all our news and updates that have taken place over the past few days.

As you know, last week, the Finscanner team returned from Rome Blockchain Week. It was the first public appearance of our company after 3 months of development behind the curtains.

Finscanner platform was welcomed by all attendees as an extremely useful tool for individuals & corporates that deal with crypto. We were able to get a lot of valuable feedback that we could consider using in the future development of our platform. Also, our team was able to land some partnerships with other participants of the conference, such as kanga.exchange and conio.com. Apart from that, we were approached by investors willing to invest in our project to accelerate growth & expansion again solidifying the usefulness & potential of the Finscanner marketplace. Lastly, after a multitude of questions & suggestions — our Finscanner may have its own token built soon to be used as a utility for transactions on the platform. Still to be clarified, but stay tuned not to miss it!

All and all, a great week with great people. We are grateful for the opportunity to be there and are looking forward to other public appearances in fintech & crypto conferences globally.

Find down below other crypto and finance news that has happened on the market during this period.

Quick crypto weekly news:

• Total crypto market cap drops by 6.7%, but futures data finds a silver lining \ Cointelegraph
• Bitcoin hits 6-week lows in hours as 24-hour crypto liquidations near $650M \ Cointelegraph
• Bitcoin exchanges see large deposits despite BTC reserves hitting 3-year lows \ Cointelegraph
• Binance CEO counters Elon Musk for bringing up Dogecoin issues \ Cointelegraph
• Japanese megabanks join consortium launching a yen-based digital currency \ Cointelegraph
• More than 1 million ETH has been burned following EIP-1559 \ The Block
• Morgan Stanley increased exposure to Bitcoin, held $300M in Grayscale shares \ Cointelegraph
• Bitcoin overtakes PayPal on value transferred, sets sights on Mastercard: Report \ Investing.com
• Vitalik Buterin proposes calldata limit per block to lower ETH gas costs \ Cointelegraph

Other notable crypto-related events include:

• Adidas Originals announces partnership with Coinbase \ The Block
• US Navy to pilot blockchain-based project to improve medical supply lines \ Cointelegraph
• Citi Group appoints head of digital assets in crypto hiring spree \ Cointelegraph
• Valued at $9B, Pokemon Go creator to build metaverse with fresh funding \ Cointelegraph
• Twitter to support previewing Solana NFTs through Audius \ Yahoo Finance
• Ardana and Near Join Forces to Build a Cross-chain Bridge \ CoinDesk
• Exodus wallet integrates with SportX to enable esports betting with crypto \ Cointelegraph
• Regal Partners with Flexa to Enable Digital Currency Payments for Movies \ PR Newswire
• Australia’s Rest Super retirement fund to invest in crypto for its 1.8M members \ Cointelegraph
• DappRadar Pivots Business Model to DApp Store with Native Token \ The Bharat Express News
• Mercado Libre will feature crypto investments in Brazil \ Latin America Business Stories | LABS
• Fintonia launches bitcoin funds in Singapore \ Fund Selector Asia

Finance weekly news

• American unions call for halt to Amazon buyout of Hollywood studio MGM \ The Economic Times
• Fighting Gas Prices, US to Release 50 Million Barrels of Oil \ U.S. News & World Report
• JP Morgan becomes world’s most systemic bank \ The Economic Times
• EU countries agree on common stance on new rules for US tech giants \ Reuters
• China’s industrial profits growth accelerates in October \ The Hindu
• Musk Passes Tesla Sale Halfway Point With $9.9 Billion Sold \ Yahoo Finance
• Fighting Gas Prices, US to Release 50 Million Barrels of Oil \ U.S. News & World Report

We hope you found this digest valuable and informative.