Circle Adds Apple Pay Support
The stablecoin issuer added Apple Pay support outlining benefits for both crypto and traditional businesses
News - page 202
FTX Hacker Has Become the Ethereum Whale
The alleged perpetrator who stole $477 million in various crypto assets from the bankrupt exchange FTX has become the 35th largest ETH holder
American Express Launches TikTok Accelerator for SMEs
The #ShopSmall Accelerator, powered by TikTok and American Express features popular TikTok creators providing insights into customers’ shopping habits
US Banks to Test Digital Assets on Regulated Liability Network
The project will test the feasibility of a programmable digital money design, as well as the viability of the proposed system within existing laws and regulations
Apple Might Pursue ‘3D Mixed Reality’
Apple’s job listings and patent applications hint at a new exciting metaverse experience
Amazon Is Next in Line for Major Layoffs
Thousands of workers would be affected by Amazon layoffs, which is to join the job cuts trend set by other tech companies
Why Turn to Financial Advisors If We Have TikTok? That’s What Gen Z Thinks
Young Brits believe that influencers on the app provide better financial advice than traditional media
Klarna’s Shopping App Now Enriched With Comparison Engine
The BNPL leader includes a convenient price comparison tool in its one-stop shopping app
Exchange Outflows are Reaching Historic Highs as Bitcoin Investors Turn to Self-Custody
Bitcoin outflows into self-custody wallets are nearing record levels as the result of declining confidence in centralized crypto exchanges
Big Tech Rebound: Can It Last?
Technology stocks had their biggest comeback since the start of the global financial crisis last week. Investors wonder if that would last
Fresh Scandals Surround FTX Bankruptcy: Fraud and Hacks are Among Them
Allegedly, Alameda Research misused billions of dollars from FTX customers’ accounts. Besides, over $370 million worth of crypto funds appears to be missing in a possible hack
New CBDC Prototype from BIS Innovation Hub to Combine Cyber Resiliency, Scalability, and Privacy
The new project Tourbillon aims to reconcile trade-offs between the three elements of cyber resiliency, scalability, and privacy
Alibaba’s Cainiao opens in Brazil
Alibaba’s logistics arm is opening its Latin American headquarters in Sao Paulo, Brazil, as China’s retail growth has slowed
JP Morgan to Open a Payments Innovation Lab in Athens
As part of a wider Greek expansion, the Wall Street giant will launch a research and development unit in a new Athens head office
Crypto Market Cap Drops to $850B, Keeps Falling
Severe lack of investor confidence drives the crypto market down, the tendencies hint at further decline
FTX Files for Bankruptcy
FTX founder Sam Bankman-Fried is stepping down as CEO, as his cryptocurrency exchange is applying for Chapter 11 bankruptcy in the US
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