Fun

News Feed - 2023-11-02 07:11:00

Cointelegraph Accelerator14 hours agoTradFi gets crypto boost: Renegade joins Cointelegraph AcceleratorCointelegraph Accelerator welcomes Web3-friendly fintech platform Renegade to its program.1160 Total views5 Total sharesListen to article 0:00СT AcceleratorJoin us on social networksAs the crypto industry continues to grow, it becomes increasingly intertwined with traditional finance (TradFi) to the benefit of end users. TradFi is notoriously slow, inefficient and expensive. International wire transfers, which take days and double-digit dollar fees in most cases, are a perfect embodiment of the current state of traditional finance.


By comparison, decentralized finance (DeFi) has the potential to provide similar services, including fund transfers, payments and storage, much quicker and at lower costs. However, the majority of financial technology (fintech) applications offered by TradFi services win the users in terms of user experience and simplicity, leaving the unnecessarily complex and obscure DeFi apps with limited adoption.


Mainstream users require a friendly experience and easy-to-use applications to dip their toes in decentralized waters before becoming full-fledged crypto users. Similarly, DeFi users need a bridge to utilize their crypto funds in their everyday lives. They seek a fintech solution that is free from the complexity, logginess and expensiveness of traditional finance services.


Renegade, a Web3-ready financial services platform, aims to bridge TradFi features with crypto and DeFi by providing users with a clean, easy-to-use interface through its mobile apps developed for iOS and Android.


On top of a standard TradFi experience, which includes payment solutions, an IBAN account and personal finance management, Renegade adds Web3 functions, including a non-custodial and custodial wallet, fiat on-ramp through a Visa debit card, and crypto exchange — bringing the DeFi and TradFi spaces together.Integration with crypto exchanges and wallets


Key crypto industry players such as crypto exchanges and wallet providers integrate with the Renegade platform to offer their solutions in a more TradFi-friendly environment. As more partners join the Renegade platform, users will be able to use a diverse range of direct, in-app conversions and enhanced liquidity options.


On the fintech side, the company is building RenegadePay and preparing a Renegade Visa debit card. Both will give users the ability to spend crypto in everyday shopping. Renegade users will also get a Swedish IBAN number thanks to a partnership with EMI Intergiro, opening up a range of traditional banking services and also a very attractive spending rewards programme.




Renegade provides users with a Visa debit card, which can be used for crypto payments. Source: Renegade


Talking about the vision of the company, Renegade CEO Daniel A. Strele-Ramonis explained that the team aims to dissolve the barriers between fiat and crypto, offering everyone the tools to harness the full spectrum of financial opportunities. “As the future unfolds, we aspire to lead this fusion, ensuring that financial empowerment is accessible, intuitive, and without compromise,” he added.Renegade joins Cointelegraph Accelerator


Renegade has joined Cointelegraph Accelerator as a participant to benefit from the media reach and marketing opportunities provided by the program. Cointelegraph Accelerator selected Renegade given the user experience the project is developing for both TradFi and DeFi users.


The platform aims to integrate with major payment services, including Apple Pay and Google Pay, by the end of the year. When its mobile app is launched, Renegade can serve the TradFi needs of DeFi users while providing access to crypto and Web3 for the fintech market, effectively bridging the two worlds.# Blockchain# Banking# Finance# Fintech# Applications# DeFi# Cointelegraph AcceleratorAdd reactionAdd reactionRead moreWSJ debacle fueled US lawmakers’ ill-informed crusade against crypto3 things we might see from crypto as 2023 winds to an endLatest from Web3 gaming: Gaming Demo Day with Cointelegraph Accelerator, Animoca Brands, BGA, Metaera, Cipholio and The Sandbox

News Feed

Tristan Greene3 hours agoNIST establishes AI Safety Institute Consortium in response to Biden executive orderDocumentation from NIST states the consortium will adopt a “broad human-centered focus” with “specific po
BTC price eyes $58K CME gap as analysis flags 2 Bitcoin death crosses
William Suberg9 hours agoBTC price eyes $58K CME gap as analysis flags 2 Bitcoin death crossesBitcoin faces issues with liquidity despite an admirable comeback from six-month lows — can BTC price upside last?4682 Total
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether Transaction
Speculation Rife as User Pays a Second $2.6 Million Fee in Ether TransactionHistory repeated itself on Thursday, after the Ethereum blockchain processed another transfer with fees o
Price analysis 6/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAX
Rakesh Upadhyay7 hours agoPrice analysis 6/19: BTC, ETH, BNB, SOL, XRP, DOGE, TON, ADA, SHIB, AVAXBitcoin is struggling to bounce off $64,500, increasing the possibility of a deeper correction to $60,000.3850 Total views
Etherscan ads behind massive phishing campaign
Arijit Sarkar1 hour agoEtherscan ads behind massive phishing campaignThe wallet drainer scam involves luring users into fake websites, prompting them to link their crypto wallets and eventually draining all funds.496 Tot
Bitcoin Decline Continues: Is $86,800 The Level To Watch?
Este artículo también está disponible en español. On-chain data shows the Realized Price of the Bitcoin short-term holders lies at $86,800 right now, making the level one
Bitcoin bottomed at $56K? BTC price chart hints at breakout within days
Zoltan Vardai7 hours agoBitcoin bottomed at $56K? BTC price chart hints at breakout within daysAdding to the bullish technical formation, Bitcoin"s distribution "danger zone" has officially ended, according to popular an
Derek Andersen5 hours agoHouse Financial Services Comm. witnesses air multiple anti-CBDC argumentsThe digital assets subcommittee heard from five witnesses on a U.S. CBDC, most of whom had little good to say about it.964
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread
Former President of FTX US Shares His Experience and Relationship With CEO Sam Bankman-Fried in Detailed Twitter Thread The former president of FTX US, Brett Harrison, published a
Blast launches Ethereum L2 mainnet unlocking $2.3B in staked crypto
Jesse Coghlan8 hours agoBlast launches Ethereum L2 mainnet unlocking $2.3B in staked cryptoThe around 180,000 Blast users have initially withdrawn $400 million from the network after its mainnet launch unlocked billions
Paraguayan Senate Approves Cryptocurrency Bill
Paraguayan Senate Approves Cryptocurrency Bill The Paraguayan Senate has approved a bill that seeks to regulate cryptocurrencies and their operations in the country. The bill, whic
Solana DeFi Momentum Soars With $5.7 Billion Locked In Q3
Este artículo también está disponible en español. Solana continues to prove that it’s one of the top blockchains for this cycle. After its rally, which gained 35% over