Markets

OKX has placed a hold on its crypto mining pool and similar services. New users won't be able to sign up starting from January 26, 2024. Following a declaration made by the crypto exchange, current users can still access their...

Fintech startup Brex has laid off 282 members of its workforce.  This is around 20% of its employees. The company said it had to make this hard decision, considering the harsh market realities it is facing. Brex which used to...

BaFin, the German financial watchdog, is paying attention to the dangers of outsourcing IT services, especially cybersecurity. The company is concerned that this could be a massive problem for the financial sector. In the latest report, BaFin discussed seven main...

DailyPay has provided 293 job opportunities with a significant investment of £24 million for individuals in Belfast, Northern Ireland. DailyPay, a well-known player in Pay-as-you-go technology, allows employees to manage and decide when to receive their earnings. Northern Ireland is the first...

Citi has launched a helpful tool named Citi Shop to assist people in finding great deals. It's a free tool that works on computers and is designed for Citi's credit card holders in the U.S. When users install Citi Shop...

Global FinTech provider Objectway has announced the acquisition of Canadian-based digital wealth solutions provider  Nest Wealth. The company specializes in Software-as-a-service, which assists businesses with their software requirements. Following this special deal, Objectway will expand its presence in North America....

The Office of the Communications Authority (OFCA), the telecom overseer in Hong Kong, plans to introduce the SMS Sender Registration. This move is meant to tackle fake messages and scams by making it easier for people to confirm who is...

Qatar-based fintech startup KARTY has successfully concluded a significant seed funding round. Over $2 million (7.3M Qatari Riyals) was raised from the latest funding. This remarkable achievement, raised by a diverse group of local investors, marks a pivotal milestone in...

NAB has collaborated with Microsoft to help small companies protect themselves from cyber-attacks. The two companies want to halt the rising danger of online attacks on small businesses. Together, they're introducing a cyber assessment tool, a device that can check...

As a part of a mysterious game, an unnamed person surprisingly airdropped 21,000 digital inscriptions. This has further sparked the latest mystery around Bitcoin Ordinals. One of the messages inscribed in the inscription reads, “The RSICs are designed for the...

British retail banking giant Sainsbury's announced that it will shut down its banking sector. Instead, it intends to provide financial products through other companies. This decision is part of a strategy to focus more on its main business of marketing goods in...

Kashable, a financial technology platform that provides employees with credit through company payrolls, has secured $25.6 million in a Series B Funding round. The lending platform announced that the money obtained from the Series B funding will help the firm...

Donald Trump spoke at a gathering in New Hampshire. During the rally, he made several promises, and one of them was about the digital version of the U.S. dollar, the central bank digital currency (CBDC). The digital dollar will give...

TSB has warned customers to avoid purchasing goods on the Facebook marketplace after discovering that over 34% of the tested advert posts are scams. TSB’s team members recently tested 100 Facebook market-related adverts on their feed. These include adverts on watches, air...

HTX, a crypto exchange previously known as Huobi Global, and its decentralized autonomous organization (DAO), successfully bounced back from a Distributed Denial-of-Service (DDoS) attack. The DDoS attack caused a brief suspension of services for both HTX and its decentralized autonomous...