U.S. withdraws new charges in Sam Bankman-Fried case, punts them to 2024
Federal prosecutors asked a judge on Thursday to remove five charges against alleged crypto fraudster Sam Bankman-Fried, including bribery of…
$5 billion fintech Zepz looks to take on rivals like PayPal with digital wallet, M&A plans
LONDON — Zepz, the owner of money transfer firms WorldRemit and Sendwave, is on the hunt for mergers and acquisitions…
Nvidia-backed platform that turns text into A.I.-generated avatars boosts valuation to $1 billion
Synthesia, a digital media platform that lets users create artificial intelligence-generated videos, has raked in $90 million from investors —…
Big banks are talking up generative A.I. — but the risks mean they’re not diving in headfirst
AMSTERDAM, Netherlands — Major banks and fintech companies claim to be piling into generative artificial intelligence as the hype surrounding the…
Andreessen Horowitz to open first office outside the U.S. in London in bet UK will become crypto hub
LONDON — Andreessen Horowitz is opening its first office outside of the U.S. in London, the venture capital firm announced…
Here’s what’s hot — and what’s not — in fintech right now
AMSTERDAM, Netherlands — At last year’s Money 20/20 — Europe’s marquee event for the financial technology industry — investors and…
Banks are cutting off Binance’s access to U.S. banking system, exchange says
Binance.US customers will no longer be able to use U.S. dollars to buy crypto on the platform as early as June…
Biden and UK’s Sunak sign ‘Atlantic Declaration,’ pledging agreements on A.I. and critical minerals
Despite a U.S.-U.K. trade deal remaining very much elusive, British Prime Minister Rishi Sunak and President Joe Biden signed a…
The family office for Mark Zuckerberg and Jack Dorsey backs French rival to Microsoft Excel
French business planning software startup Pigment has raised $88 million in a funding round led by ICONIQ, the private investment…
Citadel’s Ken Griffin says the A.I. community is making a mistake by creating so much hype
Ken Griffin, founder and CEO of Citadel, believes the hype around artificial intelligence could be overblown at this early stage.…
