News (805)
Tennessee Woman Falls Victim to Crypto-romance Grift, Loses Inheritance
- Monday, 28 February 2022
- News
- Written by FinTech News Brief
A Tennessee woman reported losing $390,000 in an online dating-crypto scam likely based somewhere in Asia. So reports CBS News.
Read more...Major Seed Round for NayaPay to Help Company Service Pakistan’s Underbanked
- Monday, 28 February 2022
- News
- Written by FinTech News Brief
Fintech NayaPay hauled in $13 million to grow its double-sided digital banking operation aimed at serving underbanked businesses and consumers in Pakistan. So reports PYMNTS.
Read more...Pipe Expands Into Entertainment Space with Purely Capital Acquisition
- Monday, 28 February 2022
- News
- Written by FinTech News Brief
Miami-based Pipe, a fintech operating in the recurring-revenue financing space, bought Purely Capital. So reports Crunchbase News.
Read more...Report: Miami Now Fourth Largest Tech Hub in U.S.
- Friday, 18 February 2022
- News
- Written by FinTech News Brief
Investments in Miami-based blockchain startups jumped more than 2,000% last year, according to a new report from Telstra Ventures. So reports Yahoo! Finance.
Read more...U.S. Law Enforcement Creates New Team Targeting Cybercrime
- Friday, 18 February 2022
- News
- Written by FinTech News Brief
Deputy Attorney General Lisa Monaco told virtual attendees of the Munich Cyber Security Conference that the FBI is creating a new team to “bring together investigators with expertise in cryptocurrency, blockchain analysis, and virtual asset seizure.” So reports Business Insider.
Read more...Despite Harsh Critique, Buffett Dives Deeper Into Crypto Space
- Friday, 18 February 2022
- News
- Written by FinTech News Brief
Warren Buffett, who has historically been a very vocal critic of cryptocurrency, bought $1 billion of stock in Nubank, which deals primarily in digital currencies. So reports Fortune.
Read more...Conn. Delegation Heads to Israel to Talk Fintech, Entrepreneurship
- Friday, 18 February 2022
- News
- Written by FinTech News Brief
Connecticut Gov. Ned Lamont said he plans to take a “business and innovation” delegation to Israel. So reports The Times of Israel.
Read more...Stronghold Startup Fund Aims to Support Diversity in Web3 Ecosystem
- Friday, 18 February 2022
- News
- Written by FinTech News Brief
Payments and infrastructure firm Stronghold launched a $100 million fund to support startups working in Web3, fintech and blockchain. So reports Blockworks.
Read more...Financial Services Committee Continues Aggressive Push to Regulate Stablecoin Market
- Friday, 11 February 2022
- News
- Written by FinTech News Brief
The federal government is continuing its quest to discover the most efficient and effective way to integrate stablecoins—digital assets pegged to the value of fiat currencies—into the U.S. and global economy.
Read more...Coinbase to Upgrade Safeguards Amid Alleged 'Rug Pull' Scams
- Friday, 11 February 2022
- News
- Written by FinTech News Brief
Coinbase Global removed its purchasing instructions for several cryptocurrencies after suspicions the tokens may be part of “rug pull” investing scams. So reports Yahoo!.
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