Binance users pull more than $1 billion from the exchange after CEO leaves, pleads guilty
Outflows from Binance have amounted to more than $1 billion in the past 24 hours, not including bitcoin, according to…
Plaid taps Adyen executive to lead its European operations
U.S. financial technology firm Plaid has hired former Adyen executive Brian Dammeir as its new head of Europe, the company…
Alphabet-backed GoCardless considers takeovers as CEO expects a barrage of consolidation
GoCardless, the British fintech company backed by Alphabet’s venture capital fund GV, is considering more mergers and acquisitions as it…
Ripple CEO says SEC has lost sight of mission to protect investors
The CEO of blockchain company Ripple has some strong words for the U.S. Securities and Exchange Commission. Brad Garlinghouse told…
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
HSBC on Wednesday announced it will offer custody services for tokenized securities, making the British bank the latest major institution…
Deutsche Bank and UniCredit back $4.5 billion insurance startup Wefox with $55 million in fresh funds
Wefox, the $4.5 billion German insurance technology group, has raised $55 million of fresh funding from Deutsche Bank and UniCredit,…
Block shares surge after earnings beat and increased full-year guidance
Shares of fintech firm Block surged as much as 19% in after-hours trading Thursday, after the company reported third-quarter earnings…
UK confirms plans to regulate crypto industry with formal legislation
The U.K. government on Monday confirmed plans to regulate the cryptocurrency industry, announcing in a consultation paper that it will…
With China playing catchup with the U.S., these 3 charts show the top countries for fintech in 2023
From the U.S. to China, countries around the world are battling it out to lead on financial technology, a heavily…
Sam Bankman-Fried’s lawyers reveal his planned testimony in FTX fraud trial
Lawyers for Sam Bankman-Fried late Wednesday revealed details of his planned testimony if he takes the witness stand at his…
