News - page 255

Finance & Economics

Crypto.com Cuts Global Workforce 20%

Digital Asset Exchange Company Crypto.com announced its intention to reduce the part of employees.

Blockchain & Crypto

DCG Will Sell Assets From Lucrative Venture Capital Portfolio

In a mad bid to raise money for a looming lawsuit, Digital Currency Group (DCG) considers selling assets in its large venture portfolio.

Countries

Delhi Buses to Get Contactless Ticketing

The Department of Transport of the Government of the Indian District of Delhi announced a tender for the development and implementation of a digital ticket sales system in buses.

Finance & Economics

JPMorgan Chase Sues Founder of Online Portal It Acquired

JPMorgan Chase announced the start of legal proceedings with the founder of the online financial planning college platform.

Finance & Economics

ATM Withdrawals Up First in Decade

Nationwide Building Society has recorded ATM withdrawals climb for the first time in 13 years as UK citizens try to minimize their spending by budgeting with cash

Blockchain & Crypto

Twitter Launches Coins Feature

Twitter announced the launch of the coin feature with Stripe payments.

All materials

Türkiye Expands Contactless Fare Payments to 40 More Provinces

The fare payments system that allows making contactless fare payments without a ticket or local transport pass will soon roll out in 40 more provinces of Türkiye

Blockchain & Crypto

Bitcoin Tops $18,000 as FTX Recovers $5B

Bitcoin surged to its highest price in a month, as traders are inspired by FTX asset recovery and possible inflation curb

Blockchain & Crypto

Avalanche Gains 20% in Hours After Amazon Partnership Announcement

Cryptocurrency Avalanche (AVAX) grew by 20% in just a few hours following Ava Labs joining the AWS Partner Network. In partnership with Amazon, Ava Labs rolled out a new infrastructure feature, making it easier to launch and manage Avalanche nodes.

All materials

FTX Recovers over $5bn of Assets

The collapsed FTX crypto giant is recovering assets worth more than $5 billion.

News

Mastercard and Vesta to Safeguard Transactions

Mastercard established cooperation with the end-to-end transaction guarantee platform for online purchases Vesta.

Finance & Economics

ClearScore Launches B2B Unit

The credit scoring service and the ClearScore marketplace launched a business-to-business division.

All materials

Coinbase Insider Trader Gets Prison Sentence

The brother of a former Coinbase product manager has been sentenced to ten months in prison in the first-ever insider trading case involving cryptocurrency markets.

Finance & Economics

Fidelity Buys Shoobx

Fidelity Investments acquired Shoobx, a provider of automated money management operations and software for financing private companies.

Blockchain & Crypto

Updates On Case Deciding the Future of Crypto

The long-running lawsuit between Ripple and SEC sees interesting updates. Despite not having a set date ruling, the case is receiving increasing attention from multiple parties on both sides. The potential outcome in the event that Ripple loses to SEC may be disastrously damaging to cryptocurrency as a whole. Ripple, a payment protocol using blockchain […]

Fintech & Ecommerce

Axis Bank Partners OPEN for Fully Digital Current Business Account

One of the largest private sector banks in India – Axis Bank – partnered with the digital banking enterprise, OPEN, to provide a fully native digital current account for its business customers