News (805)
Matt Damon’s Crypto Commercial Continues to Get Skewered as 'South Park' Joins in the Bashfest
- Thursday, 03 February 2022
- News
- Written by FinTech News Brief
South Park’s first new episode since 2019 took a shot at Matt Damon’s crypto.com commercial, which has been widely ridiculed in recent weeks. So reports the Hollywood Reporter.
Read more...Wormhole Suffers Near-record Attack Losing $320M in Tokens
- Thursday, 03 February 2022
- News
- Written by FinTech News Brief
Wormhole, a popular bridge between the solana and ethereum blockchains, was ripped off to the tune of $320 million in a recent attack. So reports CNBC.
Read more...Pluto Attracts Eyeballs as it Enters Middle East Corporate Spend Market
- Thursday, 03 February 2022
- News
- Written by FinTech News Brief
Pluto, which aims to help underserved SMBs and other businesses in the Middle East digitize cash spending, closed a $6 million seed round. So reports TechCrunch.
Read more...Federal Reserve Nominee Takes Heat Over Fintech Work
- Thursday, 03 February 2022
- News
- Written by FinTech News Brief
President Joe Biden’s nominee for vice chair of supervision at the Federal Reserve, Sarah Bloom Raskin, was grilled during her confirmation hearing regarding her work as director of Reserve Trust. So reports The Hill.
Read more...Silvergate Capital Buys Facebook’s Stablecoin Tech, Plans to Issue Coin
- Thursday, 27 January 2022
- News
- Written by FinTech News Brief
After intense regulatory scrutiny, Facebook is winding down its ambitious Diem Association cryptocurrency project. So reports The Wall Street Journal.
Read more...SAP Scoops Up Taulia as it Looks to Hop Into the 'Metaverse'
- Thursday, 27 January 2022
- News
- Written by FinTech News Brief
SAP will acquire a majority stake in the U.S. fintech Taulia with the hope of expanding its footprint in the working capital management and supply-chain financing spaces. So reports Reuters.
Read more...Walmart Pushing Hard Into Fintech Arena with Recent Acquisitions
- Thursday, 27 January 2022
- News
- Written by FinTech News Brief
A new fintech created and supported by retail giant Walmart will be acquiring two new companies and rebranding itself as an entity called ONE. So reports CNBC.
Read more...Elon Musk-McDonald’s 'Grimacecoin' Joke Sparks Immediate Slew of New Coins
- Thursday, 27 January 2022
- News
- Written by FinTech News Brief
After Elon Musk joked about eating a McDonald’s Happy Meal on live television if the fast-food chain began accepting Dogecoin, McDonalds quipped it would do so if Tesla began accepting “grimacecoin.” So reports Fortune.
Read more...Walmart Developing Crypto, NFT Lines for Sale: Filing
- Friday, 21 January 2022
- News
- Written by FinTech News Brief
Walmart is getting ready to dive into the digital asset game with a collection of NFTs and its own cryptocurrency. So reports NJ.com.
Read more...M2P Fintech Scores Haul During Second Funding Round in 3 Months
- Friday, 21 January 2022
- News
- Written by FinTech News Brief
On the heels of a funding round closed just three months earlier, Indian payments startup M2P Fintech raised another $56 million. So reports TechCrunch.
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