Latest News – Page 396

Big Tech Companies Push Back Against Regulatory Oversight of Digital Wallets

A US lobby group advocating for the interests of Big Tech companies has criticized proposals from the Consumer Financial Protection Bureau (CFPB) aimed at regulating...

SEC X Account Breached to Disseminate Fake Bitcoin News

The US Securities and Exchange Commission has confirmed that its X account was hacked and used to post false information regarding the approval for the...

Divided Views on SEC’s Approval of Bitcoin Spot ETFs

In a landmark judgement, the US Securities and Exchange Commission has approved 11 bitcoin spot ETFs, paving the way for mass adoption of digital assets....

Zone, a Blockchain Payment Network, Secures $8.5 Million in Funding

African blockchain payment network Zone has secured $8.5 million in a successful seed funding round, which was oversubscribed and led by VC firms Flourish Ventures...

Swiss Fintech Rivero Secures $7 Million in Funding

Swiss payment technology firm Rivero has successfully raised $7 million in Series A funding to expand into new markets and enhance its product development and...

Morgan Stanley Makes Investment in 3forge

Morgan Stanley has made a strategic investment in 3Forge, a company that provides code platforms for creating essential applications within the financial services sector. 3Forge...

UK Has 3 Million ‘Frankenstein Identities,’ Posing Multi-Billion Pound Risk

The UK is facing a significant threat from nearly three million "Frankenstein" identities—fraudulent profiles created by criminals using a mix of real and fabricated personal...

Banked Acquires Australian A2A Payments Company Waave

London-based account-to-account payments provider Banked has expanded into the Australian market by acquiring local player Waave, though the financial details of the deal remain undisclosed....

Monzo Mafia: A Startup’s Quest to Revolutionize Coding

The Monzo mafia is back at it, with former co-founder Jonas Templestein and ex-VP of architecture Oliver Beattie seeking funding for a new startup focused...

Future Fintech CEO Shanchun Huang Faces Fraud Charges from the SEC

The Securities and Exchange Commission (SEC) has charged Future Fintech CEO Shanchun Huang with fraud for not disclosing his ownership and transactions involving Future Fintech...