The digital currency arm of a commission-free brokerage firm, Robinhood Crypto, has been slammed with a fine of $30 million by the New York Department of Financial Services (NYDFS). The sanctions came...
Tag: Unit
Robinhood’s Crypto Trading Unit Fined $30 Million in Landmark Case
The crypto trading unit for Robinhood has been fined $30 million by the New York State Department of Financial Services (DFS) in a landmark case for the regulator. The multi-million dollar fine comes ...
NYDFS slams Robinhood’s crypto unit with $30M fine
The New York State Department of Financial Services (NYDFS) imposed a $30 million fine on the crypto trading unit of Robinhood on Aug. 2. The fine is due to an alleged violation of cybersecurity and a...
UNIT Masters Kicks off 11th Educational Cohort
One of the main problems of web3 is that the education sector lacks a qualitative, all-encompassing approach to all education that is free and taught at scale to onboard new users who possess an in-de...
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...
Moelis & Co. co-founder to head new blockchain advisory unit
New York-based investment banking giant Moelis & Co. has launched a Global Blockchain Group that will provide advisory services to blockchain and crypto firms. The group is being fronted by Moelis...
Itau Unibanco Mulls Offering Crypto Services, Opens Tokenization Unit in Brazil – News Bitcoin News
Itaú Unibanco, one of the largest holding companies in Brazil, has announced it is considering offering cryptocurrency trading services to its customers. The company informed that it will also offer t...
Finder’s Fintech Experts Predict Cardano Will End the Year at $0.63 per Unit – Markets and Prices Bitcoin News
Following the recently published bitcoin price prediction report issued by the product comparison web portal finder.com, the site’s researchers polled 53 financial technology (fintech) specialists in ...
Magic Eden launches venture unit to invest in web3 gaming startups
Magic Eden, the largest non-fungible token (NFT) marketplace on the Solana blockchain, has launched an investment arm to back the web3 gaming sector. Announcing the news in a statement on Tuesday, Mag...
Magic Eden Floats New Venture Unit to Double Down on Web3 Gaming
Solana-backed non-fungible token (NFT) marketplace Magic Eden has announced the establishment of its own venture outfit called Magic Ventures, focusing on bootstrapping Web3.0 gaming protocols. While ...
TikTok’s former gaming unit head to launch blockchain game development tool
Meta0 aims to allow developers to take advantage of the strengths of different blockchains Meta0 will allow transfer of NFTs between different blockchains Fung will seek partnerships with game develop...
The Chinese Unit of Sequoia Capital to Raise $9 Billion for New Funds (Report)
Sequoia Capital’s Chinese subsidiary will reportedly secure $9 billion for four new funds. Those will be distributed towards supporting fintech and cryptocurrency startups in China. According to a cov...
Specialized Investigation Unit For Crypto Crimes Launched by Brazil
52 mins ago | 2 mins read Bitcoin News The unit will alert and educate users about the dangers of using digital assets. Meinberg did not reveal the number of agents in the crypto unit. Traditional int...
Euro Drops to 20-Year Low Against the US Dollar, Tapping $1.028 per Unit — Analyst Says Parity Is Imminent – Economics Bitcoin News
The euro has had a sluggish start to the second half of 2022 as the fiat currency slid to a 20-year low against the U.S. dollar. The drop adds to the fear that the global economy is in a recession and...
Brazil Creates Crypto-Dedicated Investigation Unit – News Bitcoin News
The public prosecution of the Federal District, located in the center-west region of Brazil, has launched its own cryptocurrency investigation unit. The newly formed unit will focus its activities on ...
Disney Ups Their Unscripted Game By Forming New Production Unit To Create And Sustain Series
THE BACHELORETTE – ABC’s “The Bachelorette” stars Gabby Windey and Rachel Recchia. (ABC/Gizelle Hernandez) Announcing a newly formed unit, Walt DisneyDIS Television Alternative, the company has elevat...
General Electric Stock Gains As CEO Culp Takes Over Aviation Unit
Updated at 11:25 am EST General Electric (GE) – Get General Electric Company Report shares moved higher Monday after the it said CEO Larry Culp will take over the leadership role at the industr...
SEC Chairman Is Working On A “Memo Of Understanding” To Unit All Financial Agencies In Supervising Crypto Industry
– Advertisement – SEC Chairman Gary Gensler is all for US financial agencies teaming up to watch the crypto market. For years, there have been concerns about companies operating in the c...
Mars CEO is retiring and will be replaced by head of pet care unit
Grant Reid, president and chief executive officer of Mars Inc., speaks during a Bloomberg Businessweek Debrief event in New York, U.S., on Thursday, Jan. 10, 2019. Alex Flynn | Bloomberg | Getty Image...
Crypto exchange Huobi to close down its Thai unit after regulatory problems
Cryptocurrency exchange Huobi will close down its operation in Thailand after it was delisted as a licensed digital trading platform by local regulatory authorities. According to a statement released...
Huobi Announces Closure of Thai Unit After Regulator Revokes License Huobi Announces Closure of Thai Unit After Regulator Revokes License
Digital assets exchange Huobi will close down its Thailand operations permanently with effect from July 1, 2022. A unit of the Seychelles-based company, Huobi Thailand, ran into trouble with the local...
Huobi Shuts Down Its Crypto Unit – Thai SEC Revoked the License
40 mins ago | 2 mins read Exchange News The Thai Securities and Exchanges Commission (SEC) announced to Shut down Huobi’s crypto services in Thailand. From July 1st 2022, Huobi will permanently close ...