Newsfeeds Archive - Page 73 of 76

2 minute read

Celsius, Core Scientific To Settle Existing Litigation: What Are The Terms?

September 15, 3:02 PM

Crypto mining providers Celsius Mining, the Bitcoin mining subsidiary of Celsius (CRYPTO: CEL), and Core Scientific (OTCMKTS: CORZQ) have reached a speculative $45 million settlement deal for a long-standing legal dispute.

$CEL

2 minute read

Polygon 2.0 To See MATIC Replacement With POL, Proposals Outlined

By Khyathi Dalal

September 15, 11:57 AM

Polygon (CRYPTO: MATIC) proposed three changes for implementing the transition to Polygon 2.0. The changes involve the creation of a new POL token that will replace the current MATIC as the gas and staking tone of the ecosystem.

$MATIC

2 minute read

Paxos Reveals PayPal Stable Coin PYUSD Is Backed By Treasury And Cash Reserves

By Khyathi Dalal

September 15, 9:34 AM

Paxos, the issuer of PayPal Holdings Inc (NASDAQ: PYPL) stablecoin, PYUSD, stated in a transparency report that the PYUSD is supported by cash reserves and U.S. Treasury reverse repurchase agreements.

PYPL

2 minute read

Circle’s USDC Expansion On NEAR Signals Resilient Multi-Blockchain Future

By Khyathi Dalal

September 14, 4:51 PM

FinTech company and issuer of USD Coin (CRYPTO: USDC), Circle introduced the native stablecoin liquidity access on the Layer-1 Blockchain NEAR (CRYPTO: NEAR) protocol ecosystem.

NEAR

2 minute read

Sony Looks East For Blockchain Development, Forms Joint Venture With Startale Labs

By Khyathi Dalal

September 14, 1:29 PM

Sony Group’s (NYSE: SONY) Network Communication department has formed a joint venture with Singapore-based Startale Labs to develop a blockchain that will be an integral part of the global web3 infrastructure.

PYPL

2 minute read

Deutsche Bank Joins Crypto Wave: Partners With Taurus For Digital Asset Custody

By Khyathi Dalal

September 14, 10:40 AM

After Wednesday's news that HSBC reportedly partnered with crypto technology firm Fireblocks to expand into the digital space, another foreign banking giant is also showing interest in the crypto space.

2 minute read

Fintech
News

ING Offloads 85% Stake In Cobase To Alpha Group In Strategic Fintech Deal

By Khyathi Dalal

September 14, 10:07 AM

Global Bank, ING Groep (NYSE: ING) announced the sale of its 85% stake in fintech subsidiary, Cobase to U.K.-listed Alpha Group through the signing of a conditional agreement which is yet to be approved by the Dutch Central Bank.

ING

2 minute read

HSBC Reportedly Partners With Fireblocks Amid US Crypto Regulatory Turmoil

By Khyathi Dalal

September 13, 5:07 PM

London-headquartered banking giant, HSBC Holdings (NYSE: HSBC) has reportedly partnered with crypto custody technology business, Fireblocks to expand into the digital asset space, according to CoinDesk.

1 minute read

Visa To Use Anti-Fraud Measures For Real-Time Payments, Invests In Form3

By Khyathi Dalal

September 13, 3:17 PM

Digital payments behemoth Visa (NYSE: V) invested in London-based payments platform Form3 through a commercial partnership.

2 minute read

Wix Now Offers ‘Tap to Pay’ For Android Customers, Should You Buy The Stock?

By Khyathi Dalal

September 13, 11:34 AM

After providing positive revenue growth targets and analysts continuing to remain bullish on the company’s performance, Wix.com (NASDAQ: WIX) has launched its Tap to Pay service for Android customers now after six months of service to Apple customers. What Happened?

WIX