February 16, 2024
FinTech IPO Surges 4.6% as Robinhood Leads Earnings Season Rally
Earnings reports moved several components of the FinTech IPO significantly higher — and lower — and took the overall index up 4.6% through the past week. Robinhood shares were up...
February 13, 2024
Robinhood Targets Active Traders, Global Markets for Expansion
Robinhood has its eyes on new products and new markets as it builds for the future. The stock trading and investing app is focused on winning the active trader market, increasing...
February 12, 2024
Bitcoin Reaches $50,000 for First Time in 26 Months
Bitcoin’s comeback continues, as the most popular cryptocurrency’s price reached $50,000 Monday (Feb. 12). It was the first time that bitcoin hit that price since December 2021, marking a recovery...
February 12, 2024
New York AG Triples Alleged Crypto Fraud to $3B
New York Attorney General Letitia James has escalated her lawsuit against Digital Currency Group (DCG) and several other defendants. The lawsuit, initially filed in October, has now been expanded to...
February 12, 2024
NZ Central Bank Head: ‘Stablecoins Are Not Stable’
The head of New Zealand’s central bank is not a fan of stablecoins. Reserve Bank of New Zealand Governor Adrian Orr voiced concerns about the digital currencies during a parliamentary committee...
February 11, 2024
NY AG Alleges $3 Billion Fraud in Updated Crypto Scam...
New York has expanded what had been a $1 billion lawsuit against three cryptocurrency companies. Now, Attorney General Letitia James is alleging that the fraud scheme carried out by Digital Currency Group (DCG), its Genesis...
February 07, 2024
‘Cryptofinance’ Might Be Replacing ‘Cryptocurrency,’ but Bitcoin Is Still Unreliable
Compared to the events of 2023, the cryptocurrency sector in 2024 could be considered relatively boring. U.S. regulators at the start of the year approved bitcoin exchange-traded funds (ETFs), and...
February 05, 2024
Cybera and Chainalysis Partner to Help Organizations Prevent Financial Cybercrime
Cybera, a provider of advanced reporting and prevention tools, has launched a strategic integration with Chainalysis, a blockchain data platform, to equip government agencies and compliance teams with enhanced insights to...
February 04, 2024
Large-Scale Crypto Mining Consumes 2% of US Electricity
How much energy does cryptocurrency mining consume in the U.S.? A recent analysis by the Energy Information Agency (EIA) estimates that large-scale cryptocurrency operations consume more than 2% of the country’s...
