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News (396)

AMC Adds Ether, Litecoin to List of Approved Cryptos for Ticket Purchasing

Adam Aron of AMC Entertainment Holdings said its theaters will begin accepting cryptocurrency for ticket purchases by the end of the year. So reports Reuters.

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Pagaya-EJF Merger Lands It Among One of the 200+ SPAC Deals This Year

AI fintech Pagaya Technologies will go public after completing a merger with EJF Acquisition. So reports The Wall Street Journal.

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GreenSky Shares Surge On Announcement Goldman Buying Them Out In Q1 2022

Goldman Sachs has agreed to purchase GreenSky in an all-stock transaction expected to close sometime in early 2022. So reports CNBC.

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Varo Thriving on Back of Banking Charter, Series E Round  

Varo Bank, which now has a national banking charter, raised $510 million in a Series E funding round. So reports CNBC.

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NFTs Surge in Late Summer, New Player Enters Focused On Accessibility

Non-fungible tokens (NFTs) have returned to the fintech spotlight after seeing a bit of a lull in recent months as trading surged by orders of magnitude in August. According to recent data from Dune Analytics and provided by MarketWatch, Ethereum-based transactions on OpenSea, the biggest NFT marketplace running, totaled a whopping $3.4 billion last month; this represents a tenfold increase over July, it noted.

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Nasdaq Data to Support DeFiChain Along with Finnhub and Tiingo

The Nasdaq exchange will join Finnhub and Tiingo as companies providing price feeds to DeFiChain. So reports Bloomberg.

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NM Drug Dealer Pleads Guilty for Selling Heroin, Meth for BTC

Gilberto Melgarejo, of New Mexico, has pleaded guilty to selling drugs for Bitcoin on the dark web. So reports The New York Post.

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SEC Prepared to Step In If Coinbase Goes Through with Lend

The Securities and Exchange Commission has threatened to sue Coinbase if it launches its Lend “stablecoin” offering without appropriately classifying it as a regulated security. So reports Vox.

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PayPal to Expand Global Reach with Planned Purchase of Japanese BNPL Fintech  

PayPal Holdings is planning to buy Japanese “buy now, pay later” company Paidy for $2.7 billion. So reports Forbes.

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NFTorah Brings New Technology to a Very Old Text  

A new project called NFTorah aims to use digital currencies to fund the development of non-fungible tokens representing Jewish holy texts. So reports Jewish Insider.

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