JPMorgan is developing a ChatGPT-like A.I. service that gives investment advice
JPMorgan Chase is developing a ChatGPT-like software service that leans on a disruptive form of artificial intelligence to select investments…
Fintech firm Klarna halves net loss in first quarter as it races toward profitability
Klarna, the Swedish buy now, pay later fintech company, halved its net loss in the first quarter, recording a significant…
Stablecoin giant Tether to mine bitcoin in Uruguay using renewable energy
Cryptocurrency giant Tether is setting up a bitcoin mining operation in Uruguay using renewable energy, as the company looks to…
British digital bank Monzo hits monthly profitability for the first time after spike in lending
Monzo on Wednesday said it hit profitability for the first time this year, in a major milestone for one of…
Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec
Vijay Ayyar, a senior executive at cryptocurrency exchange Luno and one of its earliest employees, is leaving the company. Ayyar,…
Fintech giants Klarna and Block slam ‘outdated’ UK buy now, pay later regulation proposals
The U.K.’s plan to regulate the buy now, pay later industry is “outdated” and will lead to worse consumer outcomes,…
No ‘immediate path forward’: CFTC is talking to Binance after launching legal action, official says
A Commodity Futures Trading Commission official said Tuesday that she hopes to find a “path forward” in the regulator’s legal…
Coinbase sues SEC after months of silence from federal regulator
Crypto exchange Coinbase filed suit against the Securities and Exchange Commission on Monday, asking that the regulator be forced to…
Crypto winter is over — and bitcoin could hit $100,000 by the end of 2024, Standard Chartered says
Bitcoin’s value could jump to as much as $100,000 by the end of 2024, Standard Chartered said in a note…
‘Utterly irresponsible’: SVB failure was caused by a banking — not tech — crisis, top VC says
LONDON — The collapse of Silicon Valley Bank was the result of a crisis in banking rather than technology, according…
