Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
Sam Bankman-Fried Sold $300M Stake in FTX in October 2021 
November 18, 2022  |  Cryptocurrency

When FTX raised $420 million from investors in October 2021, $300 million of that amount reportedly went to the cryptocurrency exchange’s then-CEO Sam Bankman-Fried.  Get...

READ MORE >
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
Elizabeth Holmes Sentenced to 11+ Years in Prison for Defrauding Investors
November 18, 2022  |  Cryptocurrency

Elizabeth Holmes, one of Silicon Valley’s most celebrated and subsequently vilified startup founders, has been sentenced to 135 months, or more than 11 years, in...

READ MORE >
More Restaurant Customers Want and Expect Tableside Payments
More Restaurant Customers Want and Expect Tableside Payments
November 18, 2022  |  ResTech

As technology takes over the restaurant industry, even full-service restaurants (FSRs) are facing increasing consumer expectations of digital efficiency. Get the Full Story Complete the...

READ MORE >
Access Softek Launches Business Banking Solution for Community FIs
Access Softek Launches Business Banking Solution for Community FIs
November 18, 2022  |  Digital Banking

Omnichannel digital banking provider Access Softek has launched a new solution designed to enable community banks and credit unions (CUs) to provide services to businesses...

READ MORE >
Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
Fed Official Neel Kashkari Tweets ‘Entire Notion of Crypto Is Nonsense’
November 18, 2022  |  Cryptocurrency

Federal Reserve Bank of Minneapolis President Neel Kashkari said Friday (Nov. 18) in a tweet that cryptocurrency has no use and is just a device...

READ MORE >
Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
Carvana Lays Off 1,500 Amid Big Tech Staff Reductions
November 18, 2022  |  Personnel

Carvana is making changes to its staff in response to a growing trend of Big Tech and eCommerce businesses reevaluating their revenues, as well as...

READ MORE >
House Committee to Investigate FTX Collapse, Requests Company Documents
House Committee to Investigate FTX Collapse, Requests Company Documents
November 18, 2022  |  Cryptocurrency

Raja Krishnamoorthi, chairman of the House Oversight Committee’s Subcommittee on Economic and Consumer Policy, has requested FTX turn over documents and information as part of...

READ MORE >
BJ’s Sees 43% Digital Growth With Coupon Push
BJ’s Sees 43% Digital Growth With Coupon Push
November 18, 2022  |  eCommerce

BJ’s Wholesale Club is turning to digital coupons to drive engagement in the face of consumers’ rising sensitivity to price. Get the Full Story Complete...

READ MORE >
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
Hong Kong’s Genesis Block Stops Trading and Will Close OTC Portal 
November 18, 2022  |  Cryptocurrency

Hong Kong-based cryptocurrency retail service provider Genesis Block has reportedly ceased trading, asked its customers to withdraw their funds and told them it would close its over-the-counter...

READ MORE >