OpenAI Faces Class-Action Lawsuit: Reason Unveiled
The lawsuit against OpenAI, the maker of the popular chatbot ChatGPT, was filed in the United States District Court for the Northern District of California by Clarkson Law Firm on June 28
Nina Bobro
Bitfinex Expands Its P2P Platform in South America
Crypto exchange Bitfinex has launched a peer-to-peer (P2P) trading platform in Venezuela, Argentina and Colombia
AWS Launches AI Startup Accelerator in China
Amazon Web Services (AWS), the cloud computing arm of the e-commerce giant, has first launched a startup accelerator for AI firms in the Chinese market
CaixaBank Launches Virtual Account FX Service
The new FXWallets service by CaixaBank provides business customers with virtual accounts to send and receive international payments in multiple currencies
Sony Invests in Web3 in New Collaboration
Sony Network Communications and Japanese Web3 company Startale Labs revealed a new business collaboration and a solid investment in developing a global infrastructure to support Web3 adoption
Finastra Completes FedNow Certification
Finastra has become one of the first vendors in the financial services industry to complete the process of testing and certification for the FedNow – Federal Reserve’s new instant payments service to launch this July
Bitcoin Lightning Payment Operator Launches Remittance From Philippines to US
Pouch.ph, the lightning payment operator in the Philippines, introduced the “Send Globally” feature to facilitate instant, low-cost, and safe money transfers to bank accounts in the United States
HSBC Enables Bitcoin and Ethereum ETF Trading
Effective June 26, HSBC, one of Hong Kong’s largest banking institutions has allowed its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange
TreasurySpring Investment Platform Raises $29M for Expansion
London startup TreasurySpring focuses on businesses with extra cash in their reserves willing to make their money work on an investment platform
Travel Tech UTU Raises $33M to Promote Tax-Free Shopping
Part of Series B funding was used by utu to acquire CardsPal, a Singapore-based fintech that offers deals and promotions nearby to users
ETF Excitement Drives Bitcoin to a Year’s High
A week of gains inspired by BlackRock’s plans to create a Bitcoin exchange-traded fund (ETF) and SEC’s approval of the first leveraged Bitcoin futures ETF helped Bitcoin surpass the $31K mark
ChatGPT Has a New Use Case on Hedera Blockchain
The integration between ChatGPT and the Hedera network simplifies asset monitoring and management for blockchain users
Binance Launches in Kazakhstan
Binance Kazakhstan is licensed by the Astana International Financial Center (AIFC) Financial Services Authority (AFSA)
Robinhood to Buy Credit Card Startup
A zero-fee, stainless steel credit card with rewards on every purchase, and an intuitive mobile app experience will enhance Robinhood’s product offering and deepen its relationship with existing customers.
IMF Warns Against Crypto Ban, Calls for Better Regulation
“While a few countries have completely banned crypto assets given their risks, this approach may not be effective in the long run,” says the organization.
Nubank Introduces Innovative Life Insurance Program
Nubank customers can now give individual life insurance policies as gifts
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