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FinTech

Caroline Ellison seeks to duck prison sentence for role in FTX collapse

Caroline Ellison seeks to duck prison sentence for role in FTX collapse

Caroline Ellison, former chief executive officer of Alameda Research LLC, arrives to court in New York, US, on Thursday, Oct. 12, 2023. Bloomberg | Bloomberg | Getty Images Lawyers for Caroline Ellison, the star witness in the prosecution of FTX founder Sam Bankman-Fried, are recommending no prison time for their client’s role in the implosion […]

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Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Coinbase-backed lobby urges ABC to ask about crypto in Trump-Harris debate

Stand With Crypto’s bus tour through five battleground states kicked off last week in Phoenix and Las Vegas. Logan Dobson/Stand With Crypto Alliance A big purple bus adorned with “AMERICA ❤️ CRYPTO” started making its way across five swing states last week, on a mission to get out the vote ahead of the presidential election.

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Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX

Thoma Bravo founder vows to ‘never touch’ crypto again after disastrous bet on FTX

A little over three years ago, private equity investor Orlando Bravo called FTX the “most cutting-edge, sophisticated cryptocurrency exchange in the world,” as his buyout firm helped lead a $900 million investment in the company at a valuation of $18 billion. Bravo now tells CNBC that he and his firm, Thoma Bravo, are permanently out

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Visa debuts a new product designed to protect consumers making bank transfers

Visa debuts a new product designed to protect consumers making bank transfers

Nurphoto | Nurphoto | Getty Images Visa said it plans to launch a dedicated service for bank transfers, skipping credit cards and the traditional direct debit process. Visa, which alongside Mastercard is one of the world’s largest card networks, said Thursday it plans to launch a dedicated service for account-to-account (A2A) payments in Europe next

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Bitcoin ETFs saw heaviest outflows in four months on Tuesday as crypto prices plunged

Bitcoin ETFs saw heaviest outflows in four months on Tuesday as crypto prices plunged

CFOTO | Future Publishing | Getty Images Spot bitcoin exchange-traded funds had their worst day in over four months on Tuesday as investors pulled some of their money alongside a broader market selloff. More than $287 million was withdrawn from the 11 U.S.-listed ETFs, the biggest day for outflows since May 1, according to Farside

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Robinhood lets Brits lend shares for extra income in bid to grow international footprint

Robinhood lets Brits lend shares for extra income in bid to grow international footprint

In this photo illustration, the Robinhood Markets Inc. website is shown on a computer on June 06, 2024 in Chicago, Illinois.  Scott Olson | Getty Images Online brokerage platform Robinhood on Wednesday launched a share lending program in the U.K. that would allow consumers there to Earn passive income on stocks they own, in the

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Affirm shares surge 16% after better-than-expected results, strong guidance

Affirm shares surge 16% after better-than-expected results, strong guidance

Jaque Silva | Lightrocket | Getty Images Affirm shares jumped as much as 16% in after hours trading on Wednesday, after the provider of buy now, pay later loans reported better-than-expected fiscal fourth-quarter results. Here’s how the company did, compared to analysts’ consensus estimates from LSEG. Loss per share: 14 cents adjusted vs. 51 cents expected

Affirm shares surge 16% after better-than-expected results, strong guidance Read More »

How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of 0 million

How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million

Former President Donald Trump’s photograph is seen on a digital display outside of the venue ahead of his afternoon keynote speech on the final day of the Bitcoin 2024 conference at Music City Center July 27, 2024 in Nashville, Tennessee.  Jon Cherry | Getty Images News | Getty Images NASHVILLE, Tenn. — A block away

How Trump was ‘orange-pilled’ by three bitcoiners in Puerto Rico and the promise of $100 million Read More »

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