Core Scientific Holding Co said on Wednesday it would go public through a merger with a blank-check company backed by BlackRock Inc (BLK.N), in a deal that values the cryptocurrency miner at $4.3
New Jersey ordered the cryptocurrency platform BlockFi Inc to stop offering interest-bearing accounts that have raised $14.7 billion from investors, the state’s acting attorney general said on Tuesday. A cease and desist
Bitcoin was up 8% at $32,160.16, while ether surged 11.6% to $1,993.36. Tesla’s shares were down 0.8% at $655.30 in extended trading. Musk’s comments at the B Word conference come after Tesla
In this edition of Finsight Spotlight: ChangeMakers, Economic Development Advisor, Richie Santos Diaz hosts Alejo Campos – Regional Director of Crime Stoppers in the Caribbean, Bermuda, and Latin America in an exclusive
The President’s Working Group on Financial Markets plans to discuss stablecoins at a meeting on July 19, the U.S. Treasury Department announced Friday. Treasury Secretary Janet Yellen is convening the working group,
Revolut, the financial superapp with more than 16 million customers worldwide, today announced an $800m series E funding round, valuing the business at $33 billion. The new funding round brings onboard two
Nearly 9 in 10 business leaders (88%) are optimistic about their company’s performance for the next six months, the highest percentage recorded in 11 years of the survey, and up from 56%
Where are we with the bitcoin/cryptocurrency battle – are we winning? The paradigm has shown and proven that bitcoin or crypto can be adopted. Corporates want to use it and people want
What is DeFi? DeFi simply stands for decentralized Finance which is blockchain (use of Ethereum) based. It brings value to assets we own as compared to the ‘IOU’ system used when we
The boundaries and changes in the banking sector Fintech has been the digital challenger to banks. However, examples of boundaries that exist and prevent the experiencing of full benefits of the technological