A view of the Palace of Westminster with Big Ben a day before General Election, in London on July 3, 2024. Nurphoto | Nurphoto | Getty Images LONDON — With the British parliament back from recess, the UK’s Labour Party will start working to push through aggressive changes, including controversial proposals that would force the […]
Labour’s gains in London have private equity looking to exit — the country Read More »
SAN ANSELMO, CALIFORNIA – JUNE 06: In this photo illustration, the Coinbase logo is displayed on a screen on June 06, 2023 in San Anselmo, California. The Securities And Exchange Commission has filed a lawsuit against cryptocurrency exchange Coinbase for allegedly violating securities laws by acting as an exchange, a broker and a clearing agency
Crypto stocks like Coinbase and Microstrategy soar, mirroring rally in bitcoin Read More »
CEO of Citi, Jane Fraser during the panel on Tech and finance – tailwinds and headwinds at the Global Hong Kong Global Financial Leaders Investment Summit on November 7, 2023 in Hong Kong, China. Vernon Yuen | Nurphoto | Getty Images Citigroup on Friday posted second-quarter results that topped expectations for profit and revenue on
Citigroup tops expectations for profit and revenue on strong Wall Street results Read More »
Oscar Wong | Moment | Getty Images There may be relief for the thousands of Americans whose savings have been locked in frozen fintech accounts for the past two months. Banks involved in the mess caused by the collapse of fintech intermediary Synapse have made progress piecing together account information for stranded customers that could
Bitcoin has also been under selling pressure from the German government as well as collapsed bitcoin exchange Mt. Gox. Cfoto | Future Publishing | Getty Images For weeks now, Germany’s government has been selling hundreds of millions of Dollars worth of bitcoin — and it’s been a key factor behind the cryptocurrency’s intense selloff. Last
Thomas Trutschel | Photothek | Getty Images The trustee for Mt. Gox, the Japanese bitcoin exchange that collapsed into bankruptcy a decade ago, on Friday said that the company has begun to make payments in bitcoin and in bitcoin cash to some of its creditors. The announcement added that repayments to other users of the hacked exchange
A worsening macroeconomic climate and the collapse of industry giants such as FTX and Terra have weighed on bitcoin’s price this year. STR | Nurphoto via Getty Images Bitcoin’s price slumped to around $57,000 apiece Thursday, hitting a two-month low after the U.S. Federal Reserve released minutes from its June meeting indicating the central bank
Bitcoin slides to two-month low as Fed signals it’s not ready to cut rates yet Read More »
Natasha Craft, a 25-year-old FedEx driver from Mishawaka, Indiana. She has been locked out of her Yotta banking account since May 11. Courtesy: Natasha Craft When Natasha Craft first got a Yotta banking account in 2021, she loved using it so much she told her friends to sign up. The app made saving money fun
Launched in 2018 by crypto firm Circle, USDC is now the second-biggest stablecoin globally, with more than $30 billion worth of tokens in circulation. Nurphoto | Getty Images Cryptocurrency firm Circle said Monday it’s now registered as an electronic money institution, or EMI, in France, granting the firm a key license to become a compliant
Crypto firm Circle gets approval to issue stablecoin in EU under bloc’s strict rules Read More »
Omer Taha Cetin | Anadolu | Getty Images A bitcoin exchange that collapsed 10 years ago after being hacked is set to return billions of Dollars’ worth of the token to users — and it has investors worried. In a few days, bankrupt Tokyo-based bitcoin exchange Mt. Gox will begin paying back thousands of users
