Technology
Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI
[ad_1] BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was…
Tag: Financial Technology
Finance
PayPal replaces CEO Chriss with HP’s Lores
[ad_1] PayPal is replacing CEO Alex Chriss with Enrique Lores, saying that the pace of change and execution at the company has not met…
Technology
Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud
[ad_1] NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed…
Business
Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys
[ad_1] Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys [ad_2] Source link
Technology
Verizon teams up with AST SpaceMobile to provide cellular service from space
[ad_1] Verizon has signed a deal to provide cellular service from space through AST SpaceMobile beginning next year. Shares of AST SpaceMobile, a space-based…
Boston, Massachusetts Local News
Essex hosting town-wide yard sale
[ad_1] ESSEX — Bargain hunters and yard sale enthusiasts can search Essex for treasures in Essex this weekend. Organizers of a townwide sale —…
Finance
Robinhood joins new band of companies calling the S&P 500 their home
[ad_1] Online broker Robinhood Markets will join the S&P 500 index after riding the popularity of cryptocurrencies to profitability and an all-time high stock…
Minneapolis, Minnesota Local News
SoFi Stock Surges 38% YTD: Q2 ’25 Earnings Preview & Analysis
[ad_1] SoFi Technologies (NASDAQ: SOFI) continues to capture investor attention as the fintech powerhouse prepares to report its second-quarter 2025 earnings on Tuesday, July…
Technology
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
[ad_1] NEW YORK — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size…
Minneapolis, Minnesota Local News
14 Things You Didn’t Know You Can Use Bitcoin For – 2024 Guide – Southwest Journal
[ad_1] Bitcoin has come a long way since its inception, transforming from a digital curiosity into a formidable currency that you can use for…
Humor
Colorado Pastor Claims The Lord Told Him To Defraud Investors In Crypto Scheme
[ad_1] Eligio Regalado, a pastor from Denver, CO and his wife, Kaitlyn Regalado, were charged with a civil complaint that the pair created and…
Breaking News
SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval
[ad_1] The Securities and Exchange Commission on Friday said that a social-media post on X falsely stating that it had approved spot bitcoin exchange-traded…
Breaking News
After Bitcoin ETFs, watch for the next most popular crypto to go the same route
[ad_1] After long-awaited spot bitcoin exchange-traded funds made their debut this week, investors are now weighing the prospects of eventual approval of similar ether…
Business
Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform
[ad_1] Updated Jan. 11, 2024 3:06 pm ET Bitcoin’s trip to Main Street just took a detour. Vanguard said Thursday it won’t offer the…
Breaking News
Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC
[ad_1] On Wednesday, the U.S. Securities and Exchange Commission for the first time greenlighted several exchange-traded funds investing directly in bitcoin. But the 24…
Business
SEC Approves Bitcoin ETFs for Everyday Investors
[ad_1] Updated Jan. 10, 2024 5:56 pm ET The U.S. Securities and Exchange Commission voted Wednesday to allow mainstream investors to buy and sell…
Breaking News
Bitcoin is up 130% this year. Could it extend the rally in December and 2024?
[ad_1] Bitcoin has extended its rally on Friday, rising to the loftiest level since May 2022, pushing its yearly gain up to over 130%,…
Breaking News
Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?
[ad_1] Ever since the collapse of crypto currencies last year, the lawsuits have been flying. But a series of class-action suits targeting celebrity endorsers…
Business
The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
[ad_1] Updated Nov. 28, 2023 12:54 am ET Broadcom Chief Executive Hock Tan shelled out $40,000 to sit at Xi Jinping’s table for the…
Breaking News
Crypto bulls eye $40,000 as bitcoin’s next level as the coin refreshes yearly high
[ad_1] Crypto bulls are eyeing $40,000 as bitcoin’s next level, with the recent rally sending the crypto to a new high for the year,…