Featured Articles
Trump Administration-Based Uncertainty Causes Accenture Branch To Lose Sales
Accenture’s branch, Accenture Federal Services, reported that it had lost sales in the 2024 fiscal year, blaming the uncertainty from the Trump administration as the main reason. Julie Sweet, who works as the CEO and chair of Accenture, commented on...
Trump/Musk’s Buyout Program Attracts 500 SEC Staff Members, Causing The Agency To Lose 10% of Workforce
The US Securities and Exchange Commission (SEC) found itself in a situation where it might lose 10% of its staff, after around 500 employees decided to accept the $50,000 buyout offer introduced by Trump and Musk. The alleged departure of...
Australian Government Reveals A New Crypto Framework Before Federal Election
Australian government recently decided to introduce a new regulatory framework for digital assets that will regulate crypto exchanges under the current financial services law. The government, led by the center-left Labor Party, introduced its proposal only weeks before the next...
The US Appeals Court Decides The Capital One Hacker’s Sentence Was Too Lenient
The US appeals court recently decided to overrule the sentence given to the Capital One hacker, who was responsible for a massive data breach back in 2019. According to the court, the original sentence was too light. Paige Thompson, the...
Israeli Financial Regulator Shuts Down An Unlicensed Crypto Exchange, Imposes A $460k Fine
The Israeli financial regulator recently ordered a shutdown of a crypto exchange known as Bitin, claiming that it operated without a license. The platform’s operator was also hit with a financial sanction of $460,000, or around 1.7 million shekels. The...
DoorDash Teams Up With Klarna To Offer BNPL To Customers
DoorDash, a popular on-demand food delivery service that lets users order food and drinks from restaurants in their area, recently teamed up with Klarna, a major Buy Now, Pay Later service provider. The partnership will allow DoorDash’s customers to pay...
SEC Decides That Crypto Mining Does Not Constitute A Securities Offering
The US Securities and Exchange Commission (SEC) just made another major decision regarding the crypto industry when it decided that cryptocurrency mining does not constitute a securities offering. The regulator released its statement yesterday, March 20, bringing yet another layer...
Solana’s Meme Coin Launchpad Pumpfun Rolled Out Its Own DEX — PumpSwap
Pumpfun, a leading meme coin launchpad based on Solana’s network, recently surprised crypto industry participants by rolling out its native new decentralized exchange. Known as PumpSwap, its DEX’s launch represents a strategic move aimed at streamlining the trading experience for...
LTP Acquired Spanish TCB To Start Offering MiCA-Compliant Crypto Services
LTP, a prime brokerage company based in Hong Kong, recently made a major push into the European digital asset market. To enter Europe, the company acquired a Spanish firm called Turing Capital Brokerage, or TCB. With TCB being a licensed...
MoonPay Secured $200 Million Revolving Credit Line With Galaxy
MoonPay recently made headlines with one of the largest deals in the entire crypto industry by securing a $200 million revolving credit line from Galaxy. Dubbed one of the largest deals of its kind in the crypto sector, the agreement...
Deutsche Bank Announces New Branch Closures Affecting 2,000 Employees
Deutsche Bank is the latest bank in a long line to announce multiple branch closures scheduled for this year. Banks around the world have been shutting down thousands of branches as banking started evolving and moving into the digital realm....
UK Bank Lloyds To Put Its Leadership Team Through A New AI Training Program
Lloyds Banking Group recently surprised everyone by creating an AI training program for its leadership team, calling in edtech Cambridge Spark to help with this task. The bank’s idea is to create and run an AI training program for its...
Westpac Introduces “Panic Button” As A New Way To Combat Scams
Westpac recently came up with a new solution in hopes of disrupting scammers who continue targeting consumers. The new solution is called SafeBlock, and it operates as a panic button that users can trigger to block their accounts and cards...
Swiss National Bank Survey Reveals Citizens Prefer Debit Cards To Cash At The POS
Recent data from a survey conducted by the Swiss National Bank revealed that in Switzerland, debit cards have finally overtaken cash as a preferred method of payment among consumers. The survey questioned over 2,000 adults from the country, and many...
Leverate Integrates TradingView’s Charting Tools To Strengthen Trading Solutions
Leverate, a software-as-a-service provider for foreign exchange brokers, recently teamed up with TradingView to integrate its charting tools into its ecosystem. The collaboration’s goal is to provide Leverate’s clients with the ability to offer important visual analysis capabilities to their...