Singapore Tells Crypto Platforms to Keep Client Money in Trust
In Singapore, local authorities intend to require cryptocurrency exchanges to implement the practice of storing client assets in trust management as part of their activities.
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Levit Raises $46 Million
Seoul-based e-commerce company Levit, the operator of the Alwayz shopping app, announced the raising of investment funds for $46 million following the results of the Series B financing round.
Authentic Brands Group Gains $500 Million Investment to Support Expansion
Authentic Brands Group received an initial investment of $500 million from the joint stock company General Atlantic.
Citigroup Reportedly Reviews Deal With Metaco to Develop Digital Asset Custody
The media reported that the American financial conglomerate Citigroup is currently reviewing the concept of its partnership with the Swiss custodian of digital assets Metaco.
Netherlands to Restrict Chip Equipment Exports
The Netherlands reported on the decision to restrict the export of certain equipment that is necessary for the production of semiconductors, to China.
AI Video Startup Runway Raises $141 Million
The company Runway AI, which produces software for artificial intelligence, with which you can create short videos based on a minimal verbal request, announced the raising of investment funds in the amount of $141 million.
Inflection AI Raises $1.3 Billion
The startup Inflection AI, which is currently working on creating a chatbot called Pi, reported that it managed to raise investment funds in the amount of $1.3 billion.
Leveraging Low Deposit Casinos for Great Wins
Stereotypes are inherent to any sphere of human life, and gambling isn’t an exception. It’s thought that low stakes can’t bring gamblers significant payouts. Perhaps it was so on the rise of online gambling.
TikTok Dangles Zero Seller Fees Ahead of US Marketplace Debut
The TikTok video application, which is part of the ByteDance ownership structure, has begun positioning itself as a free trading platform within the framework of seminars and meetings with Chinese manufacturers and exporters.
Bidenomics: Blame Crypto for it All
As part of his presidential tenure and subsequent campaign for re-election, US President Joe Biden is committed to targeting the cryptocurrency industry and its traders. In yet another speech, Biden stated his determination to alter the existing tax system by eliminating ‘loopholes’ that “help wealthy crypto traders”. Aforementioned loopholes, however, don’t seem to be real. […]
Apple Eyes Historic $3 Trillion Valuation Amid Big Tech Surge
Apple is approaching a historically important moment in its existence, which will be a record indicator of the company’s market value.
Why Hire a Personal Injury Lawyer?
Knowing what to do next is challenging if you’ve sustained injuries due to the negligence of another individual, company, or driver. After sustaining injuries, you might be battling rapidly increasing medical expenses, wage and time losses, mental and physical pain and suffering, and an extended recovery period.
‘Customer Experience Above All’ Says Yuriy Batkhin, Mastercard’s VP for BD in Ukraine and Moldova
Ukraine is actively transitioning to digital payments, leaving cash in the past. This process and the role that Mastercard—one of the trendsetters in payment innovations—plays in it are discussed below. Despite the full-scale war in Ukraine, innovative technological solutions are being intensively implemented in the payment sector, and Ukrainians are increasingly refusing cash and using […]
Mastercard Empowers Consumers to Unsubscribe From Unwanted Services
A new joint solution by Mastercard and Subaio offers a simple, secure way to identify unwanted recurring payments and unsubscribe from them via banks’ trusted apps and online servicing
US Patent and Trademark Office Notifies Filers of Years-Long Data Leak
In the United States, a federal government agency that issues patents and trademarks has confirmed information that this organization inadvertently disclosed the personal addresses of about 61 thousand applicants.
Exploring the Role of Crypto Wallets in the Future of Financial Transactions
In recent times, the world has experienced a significant shift in the financial landscape with the emergence of cryptocurrencies. Central to this new financial paradigm is the crypto wallet, an essential tool for managing, storing, and transacting digital currencies.
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