News - page 256

Blockchain & Crypto

Hackers Steal Around $200 Million From Crypto Lender Euler Finance

On Monday, March 13, the blockchain monitoring company PeckShield published a message on Twitter addressed to the crypto-lending platform Euler Finance, calling for attention to a series of suspicious financial transactions.

Fintech & Ecommerce

Dubai’s Astra Tech Forms Partnership With Mastercard

Fintech company Astra Tech, which is based in Dubai, announced that as a result of a partnership with Mastercard, it managed to expand its payment ecosystem.

Finance & Economics

FDIC Plans to Try Again to Sell Silicon Valley Bank

Another attempt to sell the Silicon Valley bank may be made in the near future.

Finance & Economics

Apexx Global Scores $25 Million Series B

The investment management platform Apexx Global announced the receipt of additional financing in the amount of $25 million.

Finance & Economics

Bloomberg Agrees Broadway Acquisition

Bloomberg has agreed to acquire Broadway Technology, a vendor front-office technology provider.

Blockchain & Crypto

Circle Finds New Banking Partner After SVB Failure

The stablecoin issuer Circle, affected by the recent closures of crypto-friendly SVB and Signature Bank, has found a new banking partner recognised for its services to Visa and Coinbase

Science & Technology

Meta Winds Down NFT Service

Meta is terminating its short-lived NFT support service across its social media platforms, Facebook and Instagram

Fintech & Ecommerce

Experian to Pilot Credit-Building Service

Experian will pilot a new service for “credit invisibles”– people with little to no credit history – to get better access to mainstream financial services and start their credit-building journey

Reports

Australian Taxation Office Implements Crypto Monitoring

The Australian Taxation Office is taking measures to monitor crypto transactions and ensure tax law compliance when it comes to digital assets with the help of a new data-matching tool

News

US Department of Agriculture to put State Benefits on Mobile Phones in Five States

The U.S. Department of Agriculture (USDA) will provide citizens eligible for financial support under the Supplemental Nutrition Assistance Program (SNAP) in Illinois, Louisiana, Massachusetts, Missouri, and Oklahoma with the opportunity to receive benefits and make payments via NFC or QR code for relevant purchases on a mobile device.

Finance & Economics

Bank of Egypt Ups Withdrawal Limits for Instant Payments

The Central Bank of Egypt has decided to increase the amount of money that can be withdrawn through payment service providers.

Finance & Economics

F5 and Visa Partner to Reduce Login Friction

F5 announced the beginning of cooperation with Visa in order to provide sellers with a simpler login algorithm for customers.

Fintech & Ecommerce

Numeral Launches in UK to Help Fintechs Access EU Markets

The French platform for aggregating banking transactions and automating payments, Numeral, has announced the start of work in the UK financial market.

Finance & Economics

Binance to Convert Recovery Funds From BUSD to ‘Native Crypto’

Reacting to the sudden collapse of the most crypto-friendly US banks, Binance CEO and co-founder Changpeng (CZ) Zhao reconsidered the firm’s recovery funds, aiming to change them into native crypto

Finance & Economics

Regulators Close Crypto-Focused Signature Bank

In the US, regulators have decided to close the New York-based Signature Bank, which is one of the largest lenders in the crypto industry.

Blockchain & Crypto

Nissan Tries New Sales Avenues With Four Web3 Trademarks

Nissan enhanced its Web3 efforts with four new related trademarks filed in the US, while its Japan unit is currently experimenting with auto sales in the metaverse