All materials - page 371

Looming Twitter Interest Payment Threatens Elon Musk With Problems
Elon Musk

Looming Twitter Interest Payment Threatens Elon Musk With Problems

The impending interest payment on Twitter is a serious problem for Elon Musk.

Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project
Finance & Economics

Collapsed Crypto Hedge Fund Founders Want $25 Million for New Project

Founders of the now-bankrupt Three Arrows Capital (3AC) are pitching a collaboration to cryptocurrency exchange CoinFLEX.

Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions
Fintech & Ecommerce

Fintech Kwara Raises $3M Seed Extension, Partners Over 4,000 Credit Unions

Kenyan fintech Kwara, which turns analogue credit unions into modern digital banks, has raised a $3 million seed extension, preparing for the enormous expansion

Seoul Government Opens City’s First Metaverse Project
Fintech & Ecommerce

Seoul Government Opens City’s First Metaverse Project

According to Seoul’s mayor, Oh Se-hoon, the new virtual environment will allow residents to access official documents, file complaints, and receive help with filing taxes.

India’s Central Bank Calls for Outright Ban on Crypto
Finance & Economics

India’s Central Bank Calls for Outright Ban on Crypto

The head of India’s Central Bank has called for a blanket ban on cryptocurrency, again.

Tether’s Settlement Volume Flips Visa and Mastercard
Blockchain & Crypto

Tether’s Settlement Volume Flips Visa and Mastercard

According to Coin Metrics, Tether (USDT) handled $18.2 trillion in transactions in 2022, far surpassing established payment processors Visa and Mastercard, who processed $14.1 trillion and $7.7 trillion, respectively.

North Korean Hacker Group Moves $63.5 Million in ETH
Blockchain & Crypto

North Korean Hacker Group Moves $63.5 Million in ETH

Infamous North Korean hacker group Lazarus moved 41,000 ETH, valued at $63.5 million, among over 350 accounts. The Lazarus Group has previously been implicated in Bitcoin theft, amounting to more than $2 billion.

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product
News

Deutsche Bank’s Blue Water Fintech Lab Launches First Commercial Product

Deutsche Bank’s Blue Water Fintech Lab developed a robotic process automation platform for processing and matching data in several banks.

How to Run Your Own Clothing Store
Science & Technology

How to Run Your Own Clothing Store

The retail industry is one of the most lucrative ventures, with a variety of business opportunities available to entrepreneurs. It offers the chance to develop creative concepts and make profits while bringing joy to customers. Running a successful store is not simply about passion and adequate finances. It requires having a clear set of goals […]

Alibaba Sells Stake in Paytm
News

Alibaba Sells Stake in Paytm

Chinese e-commerce giant Alibaba Group has sold a 3.1% stake in Indian digital payments company Paytm.

China’s Official Wallet App Launches Offline Payments
Finance & Economics

China’s Official Wallet App Launches Offline Payments

The Chinese digital yuan app launched a new feature that allows users to make payments from mobile phones offline.

Neobank Kompasbank Raises €12 Million
Countries

Neobank Kompasbank Raises €12 Million

Kompasbank, the youngest bank in Denmark, has attracted new financing for 12 million euros.

US Regulators Fully Control Mechanisms of Securitization of Direct Investments
Countries

US Regulators Fully Control Mechanisms of Securitization of Direct Investments

In the USA, regulators apply the practice of strict control measures to direct investment instruments.

TikTok ByteDance Launches Payments With J.P. Morgan
News

TikTok ByteDance Launches Payments With J.P. Morgan

J.P. Morgan works with TikTok’s parent company ByteDance on payment technology.

Bank of Tanzania Explores Prospects for Implementing CBDC
News

Bank of Tanzania Explores Prospects for Implementing CBDC

The Central Bank of Tanzania will make a final decision on the CBDC after completing a study of the practice of using virtual national money.

BNPL Demand Soars in UK
Fintech & Ecommerce

BNPL Demand Soars in UK

Demand for BNPL (Buy Now Pay Later) solutions rose across all age groups in the UK, as living costs increase