Markets

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...

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, 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...

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...

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, 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 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 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....

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 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...

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, 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...

ICM.com, a UK-based global financial service provider that offers access to a variety of trading products, made another step on the road to expansion. This time, the company managed to obtain its second United Arab Emirates (UAE) license, which will...

US President Donald Trump recently rolled out a new dollar-pegged stablecoin tied to his crypto venture, World Liberty Financial. Known as World Liberty Financial USD (USD1), the new cryptocurrency went live rather quietly in early March, featuring a total supply...

JPMorgan was recently found to be by far the most prepared financial institution when it comes to tackling both threats and opportunities for banks presented by new advancements regarding the development of quantum computing. These findings came from a recent...