FinTech
Ethereum co-founder warns against voting only on ‘pro-crypto,’ a day after a16z founders support Trump
Ethereum co-creator Vitalik Buterin on Wednesday cautioned against voting for political candidates based solely on whether they have adopted a “pro-crypto” stance. “The game of politics is much more complicated than just ‘who wins the next election’, and there are a lot of levers that your words and actions affect,” Buterin wrote in a blog […]
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Labour’s gains in London have private equity looking to exit — the country
A view of the Palace of Westminster with Big Ben a day before General Election, in London on July 3, 2024. Nurphoto | Nurphoto | Getty Images LONDON — With the British parliament back from recess, the UK’s Labour Party will start working to push through aggressive changes, including controversial proposals that would force the […]
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Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency […]
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Citigroup is about to report 2nd-quarter earnings
Crucial Points Citigroup was just this week rebuked for failing to handle its regulatory shortfalls, so analysts will be keen to inquire CEO Jane Fraser about her long-running efforts to tackle the concern. Very last year, Fraser announced strategies to simplify the management composition and lower fees at the 3rd-major U.S. bank by assets. But […]
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Banks in Synapse mess make progress toward releasing deposits of stranded fintech customers
Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for stranded customers that could […]
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The German government owns close to $2 billion in bitcoin — and it is really freaking out crypto buyers
Bitcoin has also been underneath advertising strain from the German federal government as very well as collapsed bitcoin trade Mt. Gox. Cfoto | Long term Publishing | Getty Images For months now, Germany’s federal government has been marketing hundreds of tens of millions of dollars truly worth of bitcoin — and it’s been a critical […]
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Mt. Gox commences repaying bitcoin to collectors a 10 years following exchange’s collapse — what it suggests
Thomas Trutschel | Photothek | Getty Illustrations or photos The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into personal bankruptcy a 10 years back, on Friday stated that the firm has started to make payments in bitcoin and in bitcoin hard cash to some of its collectors. The announcement additional that repayments to other […]
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Bitcoin slides to two-month very low as Fed alerts it is not completely ready to cut fees but
A worsening macroeconomic climate and the collapse of business giants such as FTX and Terra have weighed on bitcoin’s price tag this 12 months. STR | Nurphoto via Getty Pictures Bitcoin’s value slumped to all-around $57,000 apiece Thursday, hitting a two-month lower soon after the U.S. Federal Reserve launched minutes from its June meeting indicating […]
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How thousands of Americans got caught in fintech’s false promise and lost access to bank accounts
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun […]
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Crypto agency Circle will get approval to issue stablecoin in EU under bloc’s rigid policies
Launched in 2018 by crypto business Circle, USDC is now the next-most significant stablecoin globally, with much more than $30 billion well worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency business Circle claimed Monday it truly is now registered as an digital income institution, or EMI, in France, granting the agency a vital […]
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