News (808)
Crypto Guru Who Admitted Helping N. Korea Beat Sanctions Sent to Prison
- Friday, 22 April 2022
- News
- Written by FinTech News Brief
Virgil Griffith, a cryptocurrency expert and “well-known” hacker, was given a five-plus year prison sentence after allegedly aiding North Korea in evading U.S. sanctions. So reports the Journal Record.
Read more...'Flash Loan' Used to Take Over Majority Stake in Beanstalk Farms, $182M Stolen As Result
- Friday, 22 April 2022
- News
- Written by FinTech News Brief
Decentralized Finance project Beanstalk Farms was ripped off for $182 million in an attack on the project’s “majority vote governance system.” So reports The Verge.
Read more...Treasury Department Sanctions Lazarus Group Over $615M Crypto Hack
- Friday, 22 April 2022
- News
- Written by FinTech News Brief
U.S. officials have fingered the North Korean hacking collective Lazarus Group in a massive $615 million crypto heist. So reports the CNBC.
Read more...NFT of Jack Dorsey’s First Tweet Up for Sale, and It’s Not Going Well for the Owner
- Thursday, 14 April 2022
- News
- Written by FinTech News Brief
Sina Estavi, the crypto entrepreneur who bought an NFT of Jack Dorsey’s first tweet, is having difficulty selling the digital asset. So reports Yahoo! Finance.
Read more...Cowboys First NFL Team to Land Long-term Crypto Sponsorship
- Thursday, 14 April 2022
- News
- Written by FinTech News Brief
The NFL’s Dallas Cowboys agreed to a deal with Blockchain.com and, as such, the crypto platform will officially become a sponsor of the team. So reports ESPN.
Read more...IMF Report: Fintech Lenders Pushing Their Narrative Onto Legacy Banks
- Thursday, 14 April 2022
- News
- Written by FinTech News Brief
A new International Monetary Fund report warns aggressive-growth fintech mortgage companies like Rocket and loanDepot could push traditional banks out of their comfort zone. So reports MarketWatch.
Read more...ImaliPay Closes Seed Round as Africa’s Gig Economy Keeps Growing
- Thursday, 14 April 2022
- News
- Written by FinTech News Brief
ImaliPay, a Nigerian fintech startup, closed a $3 million seed round. The company focuses on providing financial services to underserved gig workers. So reports PYMNTS.
Read more...Nium Launches New 'Crypto Accept' Platform to Enhance Online Shopping Experience
- Friday, 08 April 2022
- News
- Written by FinTech News Brief
Singapore-based company Nium announced new plans to allow businesses to begin accepting cryptocurrency as payment. So reports Cointelegraph.
Read more...Meta Plans to Launch NFTs, Non-blockchain 'Zuck Bucks': Sources
- Friday, 08 April 2022
- News
- Written by FinTech News Brief
Meta Platforms is working on preliminary plans to launch its own virtual token in the metaverse, but does not anticipate it to be blockchain-based. So reports CoinDesk.
Read more...'Fintech: Down But Not Out,' Finds New MoffettNathanson Report
- Friday, 08 April 2022
- News
- Written by FinTech News Brief
Fintechs Affirm and Toast saw a massive drop in stock value after MoffettNathanson analysts expressed systemic concerns with the companies’ growth. So reports CNBC.
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