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Tag: finance

Posted on 20/10/2022

The crypto dream is not dead. We hope the delusions are

Crypto is an interesting technology that can do some things better–but it won't transform our economy, writes Index Ventures partner Danny Rimer.

Posted on 20/10/2022

Connecting crypto wallets is scary. Plaid wants to change that.

Plaid is trying to bring more safety and security to the chaotic world of crypto wallets, drawing on its expertise connecting fintech apps to banks.

Posted on 20/10/2022

Financial services giant Plaid makes first foray into crypto

Plaid, the financial services decacorn, has announced the launch of its first crypto-native product, Wallet Onboard. Similar to Plaid Link, which allows users to connect financial accounts to apps, ...

Posted on 20/10/2022

JPMorgan Hires Former Exec From Celsius Despite Crypto Company’s Implosion

The move, first reported by Bloomberg, comes after Celsius halted all withdrawals for users in June and filed for bankruptcy in July. Celsius owes users $4.7 billion and there are serious questions ...

Posted on 20/10/2022

Japanese yen falls to more than 30-year low against dollar

The Japanese yen on Thursday weakened to its lowest point since August 1990 against the U.S. dollar to 150, sparking lawmakers to call for fiscal action.

Posted on 20/10/2022

Japan eases token vetting process to expand crypto offerings: report

Japan’s Virtual and Crypto assets Exchange Association (JVCEA), the self-regulatory body that oversees local crypto exchanges, will allow platforms to list cryptocurrencies without an existing lengthy ...

Posted on 20/10/2022

Europe’s $9 billion digital bank N26 launches crypto trading service amid bear market

N26 Crypto will let users buy and sell 100 tokens including bitcoin and ether. The feature is first launching in Austria. N26 plans to expand it to other markets in the next six months. An N26 ...

Posted on 20/10/2022

N26 adds crypto trading with new Bitpanda integration

Challenger bank N26 is launching a new trading feature in its app — N26 Crypto. Users will be able to easily trade crypto assets using money in their N26 account. Behind the scenes, N26 is partnering ...

Posted on 20/10/2022

German Online Bank N26 to Launch Crypto Trading in Austria

German online bank N26 said on Thursday it would begin allowing some customers in Austria to trade cryptocurrencies, in its first foray into the asset class. N26 said it would expand the service to ...

Posted on 20/10/2022

South African financial regulator: crypto platforms must be licensed in 2023

Cryptocurrency financial companies in South Africa will need to apply for a licence between June 1 and November 20, 2023, in order to operate legally, the country's financial conduct regulator said on ...

Posted on 20/10/2022

Japan’s Nikkei cuts losses after report of China reviewing shorter quarantine

Japan's Nikkei share average cut losses in volatile afternoon trade on Thursday after a report said China was mulling an easing of COVID-19 rules for visitors. The index rose as high as 27,092.55 with ...

Posted on 20/10/2022

Japan shares lower at close of trade; Nikkei 225 down 0.92%

Japan equities were lower at the close on Thursday, as losses in the Gas & Water, Mining and Finance & Investment sectors propelled shares lower. At the close in Tokyo, the Nikkei 225 lost 0.92%. The ...

Posted on 20/10/2022

Billionaire Bankman-Fried Tries to Fix Crypto’s Hacking Problem

Crypto billionaire Sam Bankman-Fried has outlined a framework for limiting the impact of the hacks and exploits plaguing the industry, including capping the maximum bounty for attackers at $5 million.

Posted on 20/10/2022

Bitcoin Is A Safety Net When Fiat Currencies Collapse

While fiat currencies around the world are collapsing, bitcoin is a safe alternative that is extremely liquid for those who need to exchange for cash.

Posted on 20/10/2022

Why law enforcement struggles to throttle crypto scams

Under the headline "Scammers in Paris", an online sleuth known as ZachXBT published a blog in August detailing how a pair of youngsters stole cryptoassets worth millions.

Posted on 20/10/2022

The IPO Market Is on Track for Its Worst Performance in 30 Years

Move over crypto, meme stocks, and SPACs — the IPO market is also in the tank. The third quarter of 2022 was the worst one for initial public offerings in more than a decade, according to a new ...

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