News - page 208

Finance & Economics

German crypto bank Nuri shuts down 

Nuri management requested its 500,000 customers to withdraw funds before mid-December

Science & Technology

Intel Eyes Much Lower Valuation in Self-Driving Mobileye Unit IPO

The tech giant expects a target valuation of under $20 billion, down from the previously announced $50 billion

Finance & Economics

Walmart CTO believes crypto will be a ‘major’ payments disruptor

Walmart CTO Suresh Kumar suggested that crypto will become an important payment means as Metaverse and social media are becoming a major marketing option

STOP RUSSIA!

SpaceX to continue funding Starlink in Ukraine

After a series of controversial tweets, SpaceX CEO Elon Musk confirmed that SpaceX will not seek funding from Pentagon to provide Starlink internet to Ukraine

Blockchain & Crypto

Mastercard enables crypto trading for banks

Mastercard partners with Paxos to enable payment institutions provide crypto trading to their customers

Finance & Economics

UK Markets Get an Upheaval in Anticipation of the New Tax Plans from New Chancellor 

Britain’s pound and government bonds rose as Jeremy Hunt, the UK new Chancellor of the Exchequer rushes with the measures to “support fiscal sustainability”

Blockchain & Crypto

Binance launches lending for crypto miners

The new lending project will provide crypto miners with access to a $500 million loan fund 

Finance & Economics

India boosts financial inclusion with 75 digital banking units in rural areas 

75 new digital banking units in Indian villages and small towns aim to bring financial services and literacy to more citizens

Blockchain & Crypto

Ukrainian art museum to preserve cultural heritage via NFT auction

The Kharkiv Art Museum launched an NFT collection on Binance to raise funds for preserving art pieces and national cultural heritage

Finance & Economics

Liz Truss fires finance minister in a reversal of proposed policies

British Prime Minister Liz Truss is taking a U-turn on previously proposed policies which sank the pound instead of fighting inflation, with the new finance minister 

Blockchain & Crypto

New Twitter bot aims to determine a ‘fair price’ on NFTs 

The CoinShares’ algorithmic bot focuses on aggregating different data sets from OpenSea to determine the allegedly “fair price” of an NFT

Fintech & Ecommerce

Mediobanca Enhances BNPL Operations with New Acquisitions

Compass, the Mediobanca Group’s consumer credit arm, has completed two acquisitions in the Buy Now Pay Later (BNPL) segment

News

Canada’s real-time payments system is on hold

The launch of Canada’s Real-Time Rail (RTR) payments system is postponed to an undetermined date

Finance & Economics

Apple Card Gets Savings Account from Goldman Sachs

 Apple has cooperated with Goldman Sachs to add a high-yield savings account feature to its credit card

Blockchain & Crypto

Bitcoin miners seek profitability through consolidation: Crusoe acquires peer mining firm

Crusoe Energy Systems has just acquired the operating assets of Great American Mining, as bitcoin mining consolidation goes on

Blockchain & Crypto

You can now pay taxes in crypto in Rio de Janeiro

Brazilian city will allow taxpayers to make crypto payments through third-party service providers