As many crypto firms announce layoffs, UK’s largest unicorn Revolut is adding to its crypto division. The firm will boost its crypto staff by 20% by hiring across its European, American, and British o...
Tag: Fintech
Fintech Firm Revolut Unfazed By Bear Market, Hires 20% More Crypto Talent
Fintech company Revolut continues its cryptocurrency campaign with intentions to boost its digital currency team by 20%, undeterred by the bear market’s continuous fragility. Across the next six month...
Crypto startup Nomad offers 10% bounty after $190 million hack
Over $2 billion has been stolen from cross-chain bridges so far this year, according to crypto analysis firm Chainalysis Jakub Porzycki | Nurphoto via Getty Images Crypto company Nomad said it’s...
Block’s Earnings Beat Estimates but the Stock Drops. Here’s Why.
Text size Jack Dorsey co-founded Block and remains its chair but is no longer CEO. Joe Raedle/Getty Images Block said Thursday that Bitcoin revenue at its Cash App unit dropped 34% in the second quart...
Banks in Portugal are Closing Accounts of Cryptocurrency Exchanges – Coinpedia – Fintech & Cryptocurreny News Media
In Portugal, a crypto-friendly country, some of the top banks have closed accounts of cryptocurrency exchanges operating within the country. Last week, the account of a Lisbon-based crypto trading pl...
Galoy, a fintech firm, raises $4 million
The broadening scope of fintech has attracted various big companies to this domain. The latest in this regard is banking platform Galoy which has planned to launch Bitcoin-backed synthetic dollar on t...
Ethereum Price Analysis: What’s Ahead for the ETH Price in the Next 24 hours? – Coinpedia – Fintech & Cryptocurreny News Media
Ethereum displays the possibility of a long squeeze as the asset appears to have pushed for an early rebound. Earlier, the asset failed to hold the upper resistance above $1700 which indicated the exh...
These Altcoins May be the Best Bet Before the Ethereum Merge! – Coinpedia – Fintech & Cryptocurreny News Media
The crypto space is all set for the upcoming Ethereum transition from PoW to PoS and in the due course, the prices of some altcoins are expected to take a large shift. No doubt, ETH price is expected ...
Fintech Firm Galoy Raises $4 Million, Startup Introduces Bitcoin-Backed Synthetic Dollar Product – Bitcoin News
On Wednesday, Galoy, the firm behind El Salvador’s Bitcoin Beach Wallet, announced that the company raised $4 million in funding in an investment round led by Hivemind Ventures. On the same day, the s...
The FOMO May Put an End to the Ethereum Rally Soon! What Next For ETH Price? – Coinpedia – Fintech & Cryptocurreny News Media
Following yesterday’s increase, the market is experiencing a slight correction, and the majority of coins are trading in the red. After Bitcoin’s (BTC) decline, Ethereum (ETH), has dropped 1 percent i...
Coinbase CEO Aims to Become the “Amazon” of Cryptocurrencies – Coinpedia – Fintech & Cryptocurreny News Media
In an interview with Lex Fridman, Coinbase CEO Brian Armstrong revealed his various strategies and upcoming projects. As per Brian, the first step to listing an altcoin is to determine whether that a...
Hackers drain nearly $200 million from crypto startup Nomad
Billions of dollars of value have been wiped off the cryptocurrency market in recent months. Companies in the industry are feeling the pain. Lending and trading firms are facing a liquidity crisis and...
John Deaton Says Michael Saylor’s Analysis of What Constitutes a Security Is ‘Deeply Flawed’ – Coinpedia – Fintech & Cryptocurreny News Media
Members in the cryptocurrency world are still reacting to the statements made by MicroStrategy CEO Michael Saylor on a recent podcast. The latest person to react is lawyer John Deaton, who is defendin...
Analyst Reveals Best Assets To Stack During The Recession – Coinpedia – Fintech & Cryptocurreny News Media
Peter Berezin, the Chief Global Strategist of BCA Research, has unveiled the recession-proof assets that can protect the interests of the investors during the recession. Berezin is a crypto critic who...
Talos co-founders believe crypto will bounce back stronger than ever
Episode 71 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro, and Talos Co-Founders Ethan Feldman and Anton Katz. Listen below, and subscribe to The Scoop on Apple, ...
5 Key Trends In The Fintech Industry
– Advertisement – Fintech is a rapidly growing industry. It offers both, new solutions to customers and technology for financial institutions. What exactly is fintech? What are the key tre...
Cardano’s Most Anticipated Vasil Hardfork Delayed Again Without a Release Date – Coinpedia – Fintech & Cryptocurreny News Media
The most awaited Cardano hard fork, Vasil, appears to be having more difficulties yet. Kevin Hammond, IOG’s Technical Manager, suggested during the most recent Cardano 360 event that there might be a ...
A crypto fund that just raised $450 million offers bull case for web3
Episode 70 of Season 4 of The Scoop was recorded remotely with The Block’s Frank Chaparro, and Variant Co-Founders Jesse Walden and Spencer Noon. Listen below, and subscribe to The Scoop on Appl...
Chinese Billionaire Jack Ma To Cede Control Of Fintech Giant Ant Group: WSJ
Jack Ma takes part in the “Valuing What Matters” Plenary Session during the third day of the Clinton Global Initiative’s 10th Annual Meeting at the Sheraton New York Hotel & Towe...
SOL Price Analysis: Is It the Right Time To Accumulate Solana? – Coinpedia – Fintech & Cryptocurreny News Media
The start of July month wasn’t that favorable across the crypto market. While Bitcoin price lost its $23,000 level, Ethereum gave up on the $1,500 mark. The same was followed by Solana after the curre...
Jack Ma to give up control of fintech giant Ant Group: WSJ
China’s billionaire tech boss Jack Ma plans to cede control of Ant Group, the fintech powerhouse closely affiliated with Alibaba, the e-commerce giant he founded, The Wall Street Journal reporte...
More Trouble For Algorithmic Stablecoin – IMF Director – Coinpedia – Fintech & Cryptocurreny News Media
The director of monetary and capital markets of the International Monetary Fund (IMF), Tobias Adrian, believes that uncollateralized and algorithmically-stablecoins might experience further sell-offs ...
PayPal veteran Jim Magats is named CEO of MX, the startup that connects banks and fintech players
Jim Magats, former PayPal executive who is being named CEO of the startup MX Photo: Tom Cook MX, the startup competing against Plaid to help connect financial institutions and fintech players, is nami...
JPMorgan hires scientist Charles Lim to head quantum computing unit
Dr. Charles Lim, Global Head of Quantum Communications and Cryptography, JP Morgan Chase Courtesy: JP Morgan Chase JPMorgan Chase has hired a Singapore-based quantum computing expert to be the bank...
MicroStrategy In Trouble: Bitcoin Holdings Cause Unrealized Loss of $1 Billion – Coinpedia – Fintech & Cryptocurreny News Media
Recently, in June 2022, microstrategy microstrategy Tech & Design (Software) Followers : 0 View profile , the data analytics firm and one of the largest Bitcoin holding organizations in the world,...
Ripple vs. SEC: Court Rejects SEC’s Latest Appeal – Coinpedia – Fintech & Cryptocurreny News Media
Nowadays, the crypto space wakes up daily to new updates and developments, whether positive or negative. Today, we are presented with an update to the long-running lawsuit, Ripple vs. SEC. Case Backgr...
Commentary on Robinhood’s Q2’22 Earnings
August 4, 2022, 11:45AM EDT • 6 min read Quick Take Vlad Tenev, Robinhood Co-founder & CEO, affirms no desire to sell the business Announced ~23% headcount reduction amidst declining share price a...