The Fintech files: Kraken’s ‘savage’ layoffs, more trouble for crypto hedge funds
Employees at Kraken have become the latest victims of the crypto winter after the US-based exchange announced 1,100 job cuts. One employee said: “I went to...
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Venture firm Champel Capital leads Intelligent Traffic Control investment, eyes fintech and agritech despite choppy waters for capital deployment
Champel Capital Ltd. said Wednesday it led a $5 million Series A round of venture capital for Israel-based Intelligent Traffic Control (ITC) as the firm continues...
Fintech files: BlockFi bust, former Celsius execs tell all, Tory super crypto donor does it again
Just when you thought crypto couldn’t get any more chaotic, another company has filed for bankruptcy – lender BlockFi. The firm was one of the most...
Non-profit Provenance blockchain supports digital currency efforts by Apollo, Hamilton Lane
Digital transactions conducted with blockchain technology continue to gain momentum with leading financial institutions, even as the crypto/digital currency world reels from bankrupt broker FTX. Proponents...
The Fintech Files: Fidelity cashes in on crypto chaos, Cunliffe calls for regulation, latest FTX bankruptcy
The collapse of Sam Bankman-Fried’s FTX has shattered confidence in the crypto sector and, in the eyes of some, presented it with an existential problem. But...
Bitcoin Falls to Fresh Lows as Genesis Denies Imminent Bankruptcy
Bitcoin briefly fell to a two-year low on Monday after Bloomberg News reported that Genesis, the digital asset brokerage and lender, has told investors it may...
Bitcoin Falls to Fresh Lows as Genesis Denies Imminent Bankruptcy
Bitcoin briefly fell to a two-year low on Monday after Bloomberg News reported that Genesis, the digital asset brokerage and lender, has told investors it may...
FCA boss warns fintech failures sit with bosses
Financial Conduct Authority chief executive Nikhil Rathi has warned that as finance becomes more digital, managers will still be on the hook for mistakes. “From masters...
FCA boss warns fintech failures sit with bosses
Financial Conduct Authority chief executive Nikhil Rathi has warned that as finance becomes more digital, managers will still be on the hook for mistakes. “From masters...
The Fintech Files: FTX fallout, MPs make Binance squirm, and crypto sector full of ‘f****** sociopaths’
It’s been seven days since Sam Bankman-Fried said: “FTX is fine. Assets are fine.” Many things are still unclear, but one thing is certain: FTX was...