Banks should abandon their blockchain fantasies
In the wake of the crypto meltdown last year, most of the industry chatter has shifted to discussions of the blockchain technology that underpins bitcoin and...
Tagged: technology
Bitcoin 2023 rally gathers steam as cryptocurrency tops $23,000
Bitcoin had a tough 2022. Now, investors are eyeing 2023 with caution when it comes to cryptocurrencies. Thomas Trutschel | Photothek | Getty Images Bitcoin continued...
Genesis bankruptcy settlement is a sign of warming in crypto winter
Failed crypto lender Genesis Global Holdco and its major creditors have reached an agreement to resolve its bankruptcy case. For investors owed money by Genesis, that...
Binance crypto exchange will suspend US dollar transfers
Binance will suspend US dollar withdrawals and deposits for international customers starting February 8, the company said. In January, Binance banking partner Signature Bank raised the...
FinTech prevails in Texas “True Lender” Challenge – Fin Tech
7 February 2023 Sheppard Mullin Richter and Hampton To print this article, all you need to do is register or log in to Mondaq.com. On...
Britcoin is ‘likely’, plus face UN anti-crypto influencers
If you thought crypto would be less hectic in 2023, you were wrong. First, the Treasury Department published a major consultation on how it would regulate...
Fintech partner’s predatory puppy loan gets TAB Bank low CRA rating
In what could be a shot in the arm for banks partnering with fintechs that provide high-cost consumer loans, the Federal Deposit Insurance Corp. downgraded the...
Crypto Crowd Plunges into AI, Possible Sign of a Bubble
Investors have worked themselves into a frenzy over opportunities in artificial intelligence. You can see the froth reaching peak levels because crypto bros are piling in...
Bitcoin’s Rally is over, for now. Expect a drift lower before volatility next week.
Bitcoin and other cryptocurrencies fell back on Thursday, another sign of slowing momentum in the digital asset rally that has started in 2023. Cryptos look vulnerable...
Green fintech echo opens up services for companies and banks
London-based green fintech Echo is gearing up for a year of sustained growth. Today, the company revealed a number of unique product updates, and for the...