News (805)
Boson Sampling Could Drastically Reduce PoW Energy Usage: Researchers
- Tuesday, 06 June 2023
- News
- Written by FinTech Brief Staff
Researchers from academic institutions in the U.S. and Australia developed a new proof-of-work scheme that would greatly reduce the energy needed to achieve blockchain consensus. So reports Cointelegraph.
Read more...Crypto Volume Heads South As Exchanges See Multi-year Lows
- Tuesday, 06 June 2023
- News
- Written by FinTech News Brief Staff
Crypto investments hit a 32-month low last month, with exchange volume down more than 27% between April and May. So reports TechCrunch.
Read more...Debt-ceiling Deal Could Spark Crypto Downturn: Experts
- Tuesday, 06 June 2023
- News
- Written by FinTech News Brief Staff
Crypto experts are predicting a downturn after liquidity retightens and the debt ceiling lifts. So reports CoinDesk.
Read more...Fintech CEO: Birmingham 'Swiftly Gaining Momentum' In Tech and Biz Climate
- Tuesday, 06 June 2023
- News
- Written by FinTech News Brief Staff
Allison Fintech Co. is moving its headquarters from Florida to Birmingham, Alabama, in the wake of an Alabama Futures Fund investment into the firm. So reports AL.com.
Read more...Stripe Expands Offerings with New Business Credit Card
- Tuesday, 06 June 2023
- News
- Written by FinTech News Brief Staff
Fintech giant Stripe announced a charge card program designed to make it easier for businesses to get access to credit. So reports TechCrunch.
Read more...Crypto Theft Cases Hinges On Question Of Who Owns Mined Coins
- Friday, 26 May 2023
- News
- Written by FinTech News Brief Staff
Arapahoe County prosecutors charged Mark Shin for allegedly stealing $9 million worth of the ICON cryptocurrency by taking advantage of a software glitch. So reports a Fox affiliate KDVR.
Read more...Digital Banking Still On the Fringe of Mainstream: New Survey
- Friday, 26 May 2023
- News
- Written by FinTech News Brief Staff
A new consumer study indicates about one-quarter of consumers used a digital bank, neobank or fintech with banking services within the last year. So reports PYMNTS.
Read more...Fahrenheit Crypto Consortium To Take Over Defunct Celsius’ Assets
- Friday, 26 May 2023
- News
- Written by FinTech News Brief Staff
The Fahrenheit crypto consortium won a bid to buy insolvent lender Celsius’ assets. So reports Investopedia.
Read more...Wise Shakeup At The Top Sends Waves Through Stock Price
- Friday, 26 May 2023
- News
- Written by FinTech News Brief Staff
Shares of the British fintech Wise dropped after the company announced CFO Matt Briers is leaving and CEO Kristo Kaarman would take an “extended Wise sabbatical” to spend time with his family. So reports CNBC.
Read more...Chinese Chemical Makers Accepting Crypto for Fentanyl Ingredients Raises Eyebrows
- Thursday, 25 May 2023
- News
- Written by FinTech News Brief Staff
Chinese chemical producers have begun accepting cryptocurrencies like Bitcoin and Tether as payment for the ingredients needed to make fentanyl. So reports Wired Magazine.
Read more...

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