In an ambitious undertaking to provide universal access to cryptocurrency, Sam Altman, the CEO of OpenAI, has rolled out services Worldcoin, a revolutionary crypo project aimed at providing a complete global financial platform. According to Reuters, Altman and co-founder Alex Blania, CEO of Tools for...
Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note, and a $10 million convertible note from Grand Oaks Capital. According to a news release,...
Tether, an asset-backed cryptocurrency stablecoin, has been lending its coins to customers. That’s according to a new report by the Wall Street Journal (WSJ) today (Dec. 1). Tether, which is also known as USDT, is a stablecoin, or a cryptocurrency that, rather than fluctuating in value, is...
Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. That’s according to a report by Reuters Wednesday (Nov. 16), citing court documents. That filing from the liquidators followed the company’s Bahamas subsidiary FTX...
April 28, 2017
Good news emerged from the U.S. venture capital sphere this week: VC funding for FinTech startups in Q1 alone hit $1.2 billion, found a new report from KPMG. Analysts said the industry has seen its highest venture capital activity since Q1 of 2016, fueled by focus on late-stage investment rounds. “The U.S. leads the rest […]
October 27, 2016
January 2018 may be a ways off, but PSD2 is going to change the way banks share customer information and APIs. And while some industry observers think it’s the worst thing...
July 04, 2016
The “R” word. Regulation is one of two words that keep a lot of payments executives up at night (the other being cybercrime) as regulation forces everyone across the ecosystem...
September 07, 2023
JPMorgan Chase is reportedly considering using blockchain technology to create a digital deposit token for faster cross-border payments and settlements, Bloomberg has reported, citing an anonymous source familiar with the matter. Per the Thursday (Sept. 7) report, the U.S. bank has already developed the necessary infrastructure for the innovative payment system, which is now pending approval from […]
July 24, 2023
In an ambitious undertaking to provide universal access to cryptocurrency, Sam Altman, the CEO of OpenAI, has rolled out services Worldcoin, a revolutionary crypo project aimed at providing a complete...
April 24, 2023
Token has raised $30 million in new financing to boost its wearable authentication offering. The funding, announced Monday (April 24), comes in the form of a $20 million secured note,...
November 16, 2022
Liquidators in the Bahamas dealing with the collapse of crypto exchange FTX say they “reject the validity” of the company’s bankruptcy proceedings in the U.S. That’s according to a report by Reuters Wednesday (Nov....
