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Latest Results from /crypto

/crypto

Celsius CEO steps down as FTX moves in

Celsius CEO Alex Mashinsky has stepped down amid bankruptcy proceedings and former JPMorgan Chase exec Chris Ferraro has been appointed interim CEO.

/crypto

FTX wins $1.4bn auction for Voyager Digital assets

FTX has won the auction for the assets of bankrupt crypto lender Voyager Digital with a bid worth just over 1.42 billion.

/crypto

Betterment introduces crypto investing portfolios

Digital investment advisor Betterment is teaming up with Gemini to offer crypto investing portfolios to its 730,000 customers.

/crypto

Revolut wins FCA approval for crypto service

Revolut has finally been accepted on the Financial Conduct Authority's registry of crypto asset firms following a protracted authorisation process.

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DBS opens crypto exchange to wealthy clients

DBS is opening up its crypto trading digital exchange DDEX to high net worth clients, enabling well-heeled customers to conduct trades through the Digibank app.

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Nomura invests in Fnality

Nomura has invested in Fnality, the international consortium of global banks focused on building a blockchain-based payment system to support the adoption of tokenised assets and marketplaces.

/crypto

Punks, Apes, & Goblins - hi launches NFT customisable card

Crypto exchange and mobile banking platform hi is offering users the chance to personalise the face of their debit cards with an NFT avatar they verifiably own.

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Canadian crypto exchange Coinsquare to buy rival CoinSmart

Canadian crypto exchange Coinsquare is set to buy rival CoinSmart Financial in a deal worth around C$29 million in cash and shares.

/crypto

UK government launches fraud and money laundering crackdown

The UK government has announced plans to rolled out reforms to protect the economy from fraud and money laundering.

/crypto

JPMorgan chief calls crypto a ‘decentralised Ponzi scheme’

In a testimony to Congress earlier this week, JP Morgan CEO Jamie Dimon compared cryptocurrencies such as Bitcoin to Ponzi schemes.

/crypto

Nedbank enters the metaverse

Nedbank is to become the first African bank to enter the metaverse, buying 144 plots in yet-to-be-built Unbutuland to create a virtual financial services village.

/crypto

Sardine raises $51.5m for fintech fraud platform

Sardine, a behaviour-based fraud and compliance platform for fintechs developed by Coinbase, Revolut and PayPal veterans, has raised $51.5 million in a Series B funding round led by Andreessen Horowitz's growth fund.