FTX Reports $415M in Hacked Crypto
The bankrupt FTX crypto exchange reported in a report to creditors that about $ 415 million in cryptocurrency was stolen as a result of hacks.
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Peel Hunt Analysts Optimistic About Fintech Prospects
Analysts of the Peel Hunt investment bank are convinced that the financial technology industry will actively develop.
Bank Silvergate Posts $1BN Loss
Silvergate Bank, which is focused on activities in the field of cryptocurrencies, reported a loss of $ 1 billion in the fourth quarter of 2022.
UK Inflation Falls for Second Consecutive Month
In the UK, a decrease in the inflation rate has been recorded for the second month in a row.
Blockstream Jade Hardware Wallet Gets Updated
Jade wallet from Blockstream is now compatible with most of the popular wallet apps and platforms, with the newly-released features of camera activation and QR code support
New Technologies to Secure Authorized Payments, Zelle Scams
Authorized payments are one of the favorite targets for fraudsters, according to Aite-Novarica Group, they account for two out of five cases of fraud and losses for financial institutions.
First UAE Fintech to Launch India UPI Payment Integration
Last week, India decided to open its Unified Payments Interface (UPI) payment gateway for NRIS (non-resident Indians).
Crypto.com Signs Agreement to Curb Carbon Emissions
To neutralize its direct carbon emissions, Crypto.com has purchased technological carbon dioxide removal from Climeworks. The cryptocurrency exchange aims to advance the case for sustainability of digital finance.
Binance Launches Institutional Trading Platform
Almost a year after the service was officially rolled out, Binance finally launched its institutional trading collateral custody platform.
Merchants Will Spend $28B on Financial Crime Prevention Software in 2027: Report
Juniper Research estimates that global spending on financial crime prevention software tools will rise from $22.1 billion in 2023 to over $28.7 billion by 2027
Microsoft to Expand ChatGPT Access
Microsoft will expand access to ChatGPT amid rumors of OpenAI investments.
Thai SEC Introduces Crypto Custody Requirements
The Securities and Exchange Commission (SEC) of Thailand wants to protect Thai crypto investors with the new rules obliging virtual asset service providers to improve their risk management policies
Bank of Japan Toughens Monetary Policy
The Bank of Japan tightened its monetary policy, although it characterized its actions differently.
Japanese Regulators Want Crypto Treated Like Banks
Japanese regulators want to change attitude toward cryptocurrencies.
Payments Platform Sprinque Raises €6 Million
The Dutch B2B payment platform Sprinque has attracted initial financing in the amount of 6 million euros.
EU Postpones MiCA Crypto Regulation Vote to April
EU lawmakers have re-scheduled their vote on landmark crypto regulation bill MiCA to April 2023. Its key provisions cover transparency, disclosure, authorisation and supervision of crypto transactions
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