Exclusive: Binance Moves $346M for Seized Crypto Exchange Bitzlato
LONDON, Jan 24 (Reuters) – Crypto giant Binance processed nearly $346 million in bitcoin for digital currency exchange Bitzlato, whose founder was arrested by U.S. authorities...
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Cryptoverse: Big investors return to bitcoin
Jan 31 (Reuters) – Big investors are dipping their toes back into crypto waters after a bumper month for bitcoin. Investment products for digital assets, often...
How Ant fell into fintech’s middle-income trap
HONG KONG, Feb 9 (Reuters Breakingviews) – It has been almost a decade since the company now known as Ant turned China’s clumsy financial system on...
Tough road ahead for US fintech lenders as default risk rises
Jan 13 (Reuters) – U.S. fintech companies that lend to consumers with impaired credit scores face a tough year as rising defaults and interest rates limit...
Fidelity National agrees to review, director adds after DE Shaw pressure
NEW YORK, Dec 15 (Reuters) – Fidelity National Information Services ( FIS.N ) said on Thursday it will undertake a strategic review and add a new...
Cryptoverse: Boom or Bust? $30k or $5k? Play bitcoin roulette
Dec 13 (Reuters) – Plucky bitcoin has held steady since seeing off the chaos of the FTX collapse, rallying its strength to rally towards the dizzying...
Co-founder of the NFT platform Blockparty charged with fraud
Dec 7 (Reuters) – The former chief technology officer of Blockparty was arrested on Wednesday after U.S. prosecutors alleged he stole more than $1 million in...
Cryptoverse: Forget crypto winter, this is a bitcoin ‘bloodbath’
Dec 6 (Reuters) – “I’m almost bankrupt,” said Jad Fawaz, a crypto trader in Abu Dhabi. “I’m laughing because there’s no point in exerting more depression...
ECB says Bitcoin is artificially backed, should not be legitimized
FRANKFURT, Nov 30 (Reuters) – Bitcoin is being artificially propped up and should not be legitimized by regulators or financial firms as it is heading towards...
US banking regulator warns against crisis risk from fintech proliferation
NEW YORK, Sept 7 (Reuters) – The rise of fintech services and digital banking could spur financial risk and potentially a crisis in the long term,...