Alex Mashinsky, CEO of bankrupt crypto lender Celsius, has outlined a plan to pivot his company’s operations from lending services to custody services. The pitch was reportedly made during an interna...
Tag: Services
Inside Bakkt’s mission to help banks offer crypto services to retail
Episode 86 of Season 4 of The Scoop was recorded live with The Block’s Frank Chaparro and Bakkt Chief Product Officer Dan O’Prey. Listen below, and subscribe to The Scoop on Apple, Spotify...
Fidelity plans to offer Bitcoin services to retail customers
Join Our Telegram channel to stay up to date on breaking news coverage Customers on Fidelity could soon start buying Bitcoin through the brokerage platform supported by the company. If this service is...
Celsius CEO Suggests Pivot to Custodial Services In Move Nobody Asked For
Key Takeaways Celsius CEO Alex Mashinsky wants to rebrand Celsius to “Kelvin,” according to the New York Times. Under the plan, the company would pivot away from lending and offer crypto asset custodi...
SEBA Bank To Include Ethereum Staking In Services
SEBA Bank is a renowned digital currency company that acts as a bridge between conventional currencies and digital currencies, like Ethereum. It’s committed to offering its customers and clients a sec...
Verizon says it’s ‘very challenging being the premium brand’ but that new efforts will pay off
The iPhone 14 arrives during a tough climate for the U.S. wireless market, but a Verizon Communications Inc. VZ, +0.58% executive is upbeat about the efforts her company has taken both before and in r...
GoDaddy Sued by Ethereum Name Service’s Developer and Virgil Griffith Over Sale of Eth.link
The complaint, filed in the U.S. District Court for the District of Arizona, alleges the registration was set to expire on July 26, 2023, but in August GoDaddy falsely announced it had expired on July...
MicroStrategy intends to commence projects on Bitcoin services
Join Our Telegram channel to stay up to date on breaking news coverage Michael Saylor wants MicroStrategy’s non-crypto section to work on Bitcoin services. The executive chairman of MicroStrategy made...
Ethereum Name Service’s spectacular performance sends BAYC packing
After over 9,400 sales on OpenSea in the last seven days, Ethereum Name Service [ENS] domains grabbed the top NFT spot. According to the data shown on the NFT marketplace, ENS domains have had a 202% ...
Singapore’s largest bank DBS to offer crypto services to 300,000 investors
Singapore’s largest bank DBS hinted at plans to open its cryptocurrency and digital asset services to 300,000 high-net-worth clients across Asia, the Financial Times reported. The leading bank receive...
Reducing Access To Home Healthcare Services Will Raise Costs And Worsen Outcomes
Man and house model calculating with calculator getty The Centers for Medicare and Medicaid Services (CMS) recent decision on home healthcare services, if implemented, will increase overall healthcare...
Ford and Rivian Recall Some EVs
Text size Rivian and Ford have recalled some of their EVs including the R1S, R1T and Mustang Mach Es. Courtesy of Rivian Ford Motor and Rivian Automotive recalled some electric vehicles. EV recalls ar...
Bitpanda Adds Commodities Trading to Suite of Services
Diverse crypto trading app, Bitpanda recently announced commodities trading for its users for exposure to oil, natural gas, corn, and wheat. Bitpanda is now offering commodities trading to its approxi...
DXY rips higher as ISM Services gauge rises to 56.9
The dollar index (DXY) continues its march higher after the ISM Services release. In August, the US services sector continued to expand, as reflected by the better-than-expected data. With the US econ...
Netflix Won’t Run Crypto Promotions When it Rolls Out Ad Services (Report)
The American streaming service giant – Netflix – is reportedly looking to launch a new advertising tier. Initially, the feature will be available in Australia and should go live before the year’s end....
Citigroup Joins Industry Effort to Lend to People Without Credit Scores
Citigroup is joining a government-sponsored effort to expand access to credit in underserved communities. The bank is launching two pilot programs early next year under the Office of the Comptroller o...
GameStop, Apple, Kroger, NIO, and Other Stocks for Investors to Watch This Week
Text size U.S. stock and bond markets will be closed on Monday for Labor Day. It’s a quiet week on the earnings calendar once investors return from the long weekend, but a few major economic-data rele...
Credit Suisse to offer onshore wealth management services in China
Switzerland’s second-biggest bank Credit Suisse (NYSE: CS), seems to be moving ahead despite the scandals that have surrounded it, the changes in its management, and the alterations in its global stra...
Babylon Finance Announces Termination Of Services Following A Ruinous Hack
According to a statement made on August 31 by Babylon Finance company’s founder Ramon Recuero, the company will stop offering its services for the DeFi asset management protocol on November 15. Babylo...
Lucid, SoFi, and 3 Other SPAC Stocks Whose Downturns Might Be Ending
Text size Most SPAC-related stocks, including Virgin Galactic, haven’t been soaring in recent months. Courtesy Virgin Galactic Sometimes the best time to look for new investment ideas are when t...
Croatia Osiguranje’s LAQO Launches Ripple (XRP) Payment Option for Its Car Insurance Services
– Advertisement – LAQO has become the first insurance company in Croatia to offer cryptocurrency payment options. Croatia Osiguranje’s LAQO has announced a partnership with fintech compa...
These five stocks in the S&P 500 lost almost half a trillion dollars in value in one day amid widespread wipeout
A decline in gasoline prices couldn’t mask the problem that spooked investors on Sept. 13: Core consumer prices resumed their rapid increase during August. Fear of the Federal Reserve’s ongoing tighte...