News (805)
El Salvador Taps Koibanx to Help Make National Crypto Adoption A Reality
- Friday, 03 September 2021
- News
- Written by FinTech News Brief Staff
A partnership between Latin crypto company Koibanx and the county of El Salvador is set to help the country formally adopt Bitcoin and cryptocurrency. So reports Yahoo! Finance..
Read more...Jeeves Expense Management Platform Helps Raise $500M from Summer to Summer
- Friday, 03 September 2021
- News
- Written by FinTech News Brief Staff
In just a year, fintech startup Jeeves went from fledgling to full-on heavyweight with its newly minted $500 million valuation. So reports TechCrunch.
Read more...SEC Head Talks Crypto with European Parliament, Touts Transformational Nature
- Friday, 03 September 2021
- News
- Written by FinTech News Brief Staff
U.S. SEC chairman Gary Gensler told the European Parliament he believes financial technology is playing a major role in “globalizing economic flows” and transforming how national markets work. So reports Cointelegraph.
Read more...Kids’ Homemade Mining Rig Built with Gaming Computer Earns $30K Per Month
- Friday, 03 September 2021
- News
- Written by FinTech News Brief Staff
In a spectacular display of ingenuity, teenager Ishaan Thakur and his 9-year-old sister, Aanya, have built a “lucrative” cryptocurrency mining business using a gaming computer, the internet and YouTube videos. So reports CNBC.
Read more...Hive Hires Aydin Kilic As COO to Oversee Data Center Operations
- Sunday, 22 August 2021
- News
- Written by FinTech News Brief Staff
Publicly traded Hive Blockchain has appointed Fortress Blockchain founder Aydin Kilic as chief operations officer and president. So reports Coindesk.
Read more...Cardano Makes Major Moves with ADA Surge, DeFi Plans
- Sunday, 22 August 2021
- News
- Written by FinTech News Brief Staff
ADA, a digital token tied to the Cardano blockchain, became “the third-largest virtual currency in the world” after enjoying a 50% surge to $69 billion over the course of a week. So reports Bloomberg.
Read more...CRED to Offer Member Lending Service at 9% Interest Rate
- Sunday, 22 August 2021
- News
- Written by FinTech News Brief Staff
Indian startup CRED is going to be offering a new peer-to-peer lending service at a 9% annual interest rate. So reports TechCrunch.
Read more...Hollywood Star Powered Aspiration Plans Merger, Massive Valuation
- Sunday, 22 August 2021
- News
- Written by FinTech News Brief Staff
Aspiration Partners, a fintech backed by celebrity stars Leonardo DiCaprio, Orlando Bloom and Robert Downey Jr., is planning a $2.3 billion public merger via a “special purpose acquisition company,” also known as a SPAC. So reports Barron’s.
Read more...Nearly $100M Stolen in hack on Crypto Exchange Liquid
- Sunday, 22 August 2021
- News
- Written by FinTech News Brief Staff
Liquid, a Japanese cryptocurrency exchange, reported a cyberattack led to a theft of $97 million in digital coins. So reports CNBC.
Read more...NYC Turns to Blockchain to Combat Deed Fraud
- Friday, 06 August 2021
- News
- Written by FinTech News Brief Staff
The New York City Department of Finance is planning to use blockchain technology as a means of combating deed fraud with respect to land records. So reports Coindesk.
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