Fintech Firms Suspend IPOs and Lose Valuations amid Economic Downturns
With the rising inflation and interest rate hikes causing the economic downturns, fintech firms are struggling to survive.
Breaking news coverage from cryptocurrency world about key figures, exchanges, startups, investment, applications, regulation and more.
With the rising inflation and interest rate hikes causing the economic downturns, fintech firms are struggling to survive.
Top Twitter executives plan to organize a shareholder vote no later than August for opinions on the Musk acquisition deal.
Moonbeam and Arrington have been working together since the onset of the former, back in January 2022.
Decentralized crypto custodian Entropy is working to democratize the way user funds are held by challenging some of the existing centralized crypto custodians like Coinbase.
With this success, Ethereum developers will now gear to implement The Merge upgrade ahead this year in August 2022. The developers are still working on some minor bugs and will monitor the Ropsten network performance over the next few weeks.
About 400 employees are bound to lose their jobs as Microsoft concludes its operations in Russia.
Volkswagen wants to ramp up its electric vehicle and battery efforts in the US starting with the newly-unveiled Chattanooga plant.
The new criteria for issuing USD-backed stablecoins call for redeemability, reserves, and attestations.
Upbit and other South Korean crypto exchanges are choosing to shed off LTC in hopes of staying compliant and avoiding troubles with the regulatory agencies.
Chainlink token LINK hit a record high of $8.86 after four consecutive weeks as the network looks to launch its v0.1 staking service in H2.
Before the official launch of the crypto trading marketplace, Citadel Securities expects more wealth managers and other industry leaders to join the moving train.
Boden said companies offering cryptocurrency services still have a very long way to go when it comes to implementing Anti-Money Laundering (AML) checks.
Creators can come from anywhere around the globe to join Adim. Initially, the web3 entertainment startup will select 100 creators from all applicants. The chosen creators will join McElhenney and TV writer Keyonna Taylor in a virtual writer’s room.
Grayscale is confident more investors will embrace the product if it is presented as a spot Bitcoin ETF.
MoonPay is constantly in relationships with celebrities. Many top personalities like Justin Bieber, Paris Hilton, Bruce Willis, and American actor Matthew McConaughey contributed to the company’s latest round in April.