Crypto lender Nexo obtains U.S. bank charter through acquisition deal
Cryptocurrency lender Nexo on Tuesday introduced it has taken a stake in a federally-regulated U.S. bank, paving the way in which for the corporate to...
Bankrupt crypto lender Voyager to sell assets to Sam Bankman-Fried’s FTX
Clients of beleaguered cryptocurrency lender Voyager Digital could discover some solace within the information that FTX, the bitcoin trade based by billionaire Sam Bankman-Fried, is...
Klarna losses triple after aggressive U.S. expansion and mass layoffs
Klarna on Wednesday reported a dramatic leap in losses within the first half, including to a deluge of adverse information for the "buy now, pay...
Web3 is in ‘chaos,’ metaverses in walled gardens: Randi Zuckerberg
A clean and "complete decentralization" of Web3 is not but a actuality, stated Randi Zuckerberg, referring to a system in which customers relatively than firms...
‘Forget the past three years’
Eugene Zhang, a veteran Silicon Valley investor, recollects the precise second the marketplace for younger startups peaked this 12 months.The firehose of cash from enterprise...
Hackers have stolen $1.4 billion this year using crypto bridges
Crypto buyers have been hit onerous this year by hacks and scams. One purpose is that cybercriminals have discovered a very helpful avenue to achieve...
Apple Card growth, vendors blamed for mishaps in Goldman card business
When it was unveiled in 2019, Apple touted its new credit score card as a gamechanger with unheard-of ranges of simplicity and transparency.Behind the scenes,...
Crypto startup Nomad offers 10% bounty after $190 million hack
Crypto firm Nomad mentioned it is providing hackers a bounty of as much as 10% to retrieve consumer funds after dropping almost $200 million in...
Hackers drain nearly $200 million from crypto startup Nomad
Hackers drained nearly $200 million in cryptocurrency from Nomad, a device that lets customers swap tokens from one blockchain to a different, in one more...
PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players
MX, the startup competing in opposition to Plaid to assist join monetary establishments and fintech players, is naming PayPal govt Jim Magats its new CEO,...