Latest Fintech News

Nasdaq report shows $3.1T in illicit funds transferred through global financial systems,  cites no crypto

Nasdaq, has unveiled its 2024 “Global Financial Crime Report.” The comprehensive report does not explicitly address Bitcoin (BTC) or other ...

Ibanera Unveils payment gateway customized for the online gaming sector

Global fintech bank Ibanera has announced plans to launch payment options to suit companies in the E-gaming ...

Ondo Foundation announces token unlock following onchain community vote

Ondo Foundation has officially unveiled the ONDO token ($ONDO) to the public, granting equal access to institutional-grade financial products and services on the ...

Coinbase, SEC row in federal court over crypto regulatory oversight

The U.S. SEC took legal action against Coinbase in June, alleging that the company enabled trading of a minimum of 13 cryptocurrencies, such as Solana, Cardano, and Polygon, that should have been officially registered as ...

A Look at the 11 Spot Bitcoin ETFs Approved by the SEC

After what looked like forever, spot Bitcoin exchange-traded funds (ETFs) were officially cleared for business on Wednesday, January 10, 2023. The approval is just the beginning, showing signs of the U.S. Securities and Exchange Commission (SEC) giving in and accepting the digital currency ...

Spot Bitcoin ETF volume exceeds $1 billion shortly after market opening

Just minutes after the first spot Bitcoin ETF markets opened on Wall Street, the traded fund’s total volume reportedly surpassed the $1b mark, as bitcoin (BTC) continues to trade above ...

BlackRock, Ark lowers spot Bitcoin ETF fees as approval looms

As the crypto market awaits the U.S. Securities and Exchange Commission’s spot Bitcoin ETF statement of approval, BlackRock has lowered its planned spot BTC ETF fees by 0.05%, while ARK 21Shares reduced theirs by ...

Fintech and crypto startups penalties for illicit money transactions hit $5.8b in 2023

Last year, digital payment entities paid a total fine of $5.8b for handling transfers of illicit funds. The amount reportedly exceeds the penalties collected from traditional finance companies, who collectively paid about $835m in ...

Global fintech services provider Ibanera seeks to improve gaming-based financial services

Ibanera, a US-based online fintech company, is launching several applications set to improve gaming-focused financial services. The startup will introduce a ‘portfolio of services to electronic gaming ...

DFINITY launches European subnet on ICP for GDPR-compliant dApps development

Swiss-based non-profit development organization DFINITY Foundation has launched a European subnet on the Internet Computer Blockchain (ICP) to enable the development of general data protection regulation (GDPR)-compliant decentralized applications ...

Sam Bankman-Fried “guilty on 7 charges” as curtains close on trial

Sam Bankman-Fried, the founder of FTX, was found guilty on all seven criminal counts pressed against him. He now now faces a sentencing that could see him get a maximum of 115 years in ...

SEC charges SafeMoon crypto founders with fraud

The Securities and Exchange Commission (SEC) has announced charges against the creators of SafeMoon, a popular cryptocurrency, for their alleged involvement in a fraudulent ...

Crypto vs stocks: Where do the profits lie?

Cryptocurrencies like bitcoin are a highly digitized form of money that can be traded or invested in, while stocks represent shares of ownership in a company. Both have the potential for high returns but also high ...

What are private blockchains, and how do they work?

Private blockchains have emerged as a game-changing innovation and are becoming an essential part of the digital transformation journey for many businesses. In simple terms, these networks are like a big sports club but with an exclusive VIP pass required for entry and ...

How much has blockchain technology evolved?

Blockchain tech has come a long way since Bitcoin first introduced the concept back in 2008. What started as a novel to enable cryptocurrency transactions without a central authority has spawned an entire ...

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Chris Groshong
Bitcoin ATM operators, OTC exchanges, Wallet operators, DeFi platforms
Crypto airdrops are a blend of blockchain innovation and marketing strategy. They are essentially digital assets, often tokens, distributed for free to crypto wallet addresses, creating a sense of receiving a special gift. This strategy is aimed at encouraging adoption, sparking interest, and promoting the token to the world Not all ...

A Look at the 11 Spot Bitcoin ETFs Approved by the SEC

After what looked like forever, spot Bitcoin exchange-traded funds (ETFs) were officially cleared for business on Wednesday, January 10, 2023. The approval is just the beginning, showing signs of the U.S. Securities and Exchange Commission (SEC) giving in and accepting the digital currency ...

Crypto vs stocks: Where do the profits lie?

Cryptocurrencies like bitcoin are a highly digitized form of money that can be traded or invested in, while stocks represent shares of ownership in a company. Both have the potential for high returns but also high ...

What are private blockchains, and how do they work?

Private blockchains have emerged as a game-changing innovation and are becoming an essential part of the digital transformation journey for many businesses. In simple terms, these networks are like a big sports club but with an exclusive VIP pass required for entry and ...

How much has blockchain technology evolved?

Blockchain tech has come a long way since Bitcoin first introduced the concept back in 2008. What started as a novel to enable cryptocurrency transactions without a central authority has spawned an entire ...

How cryptocurrency mixers work

Cryptocurrency mixers, also known as tumblers, offer a way for users to obfuscate the origins of their cryptocurrency holdings, thereby adding an extra layer of privacy to their ...

Crypto hacks saga continues: The history of exploits

Since the dawn of the crypto market in 2011, crypto-related entities have suffered losses amounting to $12.36 billion due to ...

What is dYdX? A look at the unique decentralized crypto trading platform

dYdX is based on the Ethereum layer two system, StarkWare. It also provides lending and borrowing services, making it a comprehensive financial platform in the crypto ...

Stocks 2.0: Why tokenization is better than trading stocks

Tokenization is a process in which the value of an asset, be it real estate, art, or company stocks, is converted into a digital token on a ...

WHAT MAKES NEWS, NEWS

Not everything that occurs in the Fintech industry is newsworthy or warrants an article. As an aspiring journalist, it’s critical you understand what makes a news report, well, ...