Tag: FinTech
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From Facebook Feud to Crypto Clash: Winklevoss Twins’ Lawsuit Sheds Light on Industry Challenges
The Winklevoss twins, Tyler and Cameron, have had eventful lives since their high-profile legal battle with Mark Zuckerberg over the origins of Facebook in...
Global Stocks Slide as US Private Payrolls Surge, Prompting Concerns of Prolonged Higher Interest Rates
On Thursday, MSCI's global index of stocks experienced a decline, while Treasury yields rose following a surge in U.S. private payrolls. The unexpected increase...
Digital Currency Group Faces Deadline in Genesis Restructuring Battle with Gemini
Digital Currency Group (DCG) is facing a tight deadline to reach a deal to restructure its bankrupt crypto lending unit, Genesis, as Gemini, its...
Walmart enters the risky Mexican market via fintech
With the Cashi digital wallet, American retail giant Walmart (WMT.N) hopes to dominate Mexico's fintech market.However, critics believe that effort is fraught with dangers because...
Bankman-Fried asserts that FTX US is solvent as FTX crucial info
In a statement to creditors on Tuesday, the bankrupt cryptocurrency exchange FTX stated that attacks had resulted in the theft of around $415 million...