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Tag: Financial Technology

Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

February 26, 2026February 27, 2026 · Technology

BANGKOK — Shares in the financial technology company Block soared more than 20% in premarket trading Friday after its CEO announced it was laying off more than 4,000…

Read more Fintech company Block lays off 4,000 of its 10,000 staff, citing gains from AI

PayPal replaces CEO Chriss with HP’s Lores

February 3, 2026February 3, 2026 · Finance

PayPal is replacing CEO Alex Chriss with Enrique Lores, saying that the pace of change and execution at the company has not met board expectations over the past…

Read more PayPal replaces CEO Chriss with HP’s Lores

Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud

December 12, 2025December 12, 2025 · Technology

NEW YORK (AP) — Onetime cryptocurrency mogul Do Kwon was sentenced Thursday to 15 years in prison after a $40 billion crash revealed his crypto ecosystem to be…

Read more Crypto mogul Do Kwon sentenced to 15 years in prison for $40 billion stablecoin fraud

Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys

November 12, 2025November 13, 2025 · Business

Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys Source link

Read more Bessent Says ‘Tenfold’ Growth in Stablecoins Will Lift Demand for Treasurys

Verizon teams up with AST SpaceMobile to provide cellular service from space

October 8, 2025October 8, 2025 · Technology

Verizon has signed a deal to provide cellular service from space through AST SpaceMobile beginning next year. Shares of AST SpaceMobile, a space-based cellular broadband network, soared more…

Read more Verizon teams up with AST SpaceMobile to provide cellular service from space

Essex hosting town-wide yard sale

September 10, 2025September 10, 2025 · Boston, Massachusetts Local News

ESSEX — Bargain hunters and yard sale enthusiasts can search Essex for treasures in Essex this weekend. Organizers of a townwide sale — from 8 a.m. to 4…

Read more Essex hosting town-wide yard sale

Robinhood joins new band of companies calling the S&P 500 their home

September 8, 2025September 8, 2025 · Finance

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 price. The company is set…

Read more Robinhood joins new band of companies calling the S&P 500 their home

SoFi Stock Surges 38% YTD: Q2 ’25 Earnings Preview & Analysis

July 29, 2025August 19, 2025 · Minneapolis, Minnesota Local News

SoFi Technologies (NASDAQ: SOFI) continues to capture investor attention as the fintech powerhouse prepares to report its second-quarter 2025 earnings on Tuesday, July 29, before market open. The…

Read more SoFi Stock Surges 38% YTD: Q2 ’25 Earnings Preview & Analysis
Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets

Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets

September 24, 2024September 24, 2024 · Technology

NEW YORK — The U.S. Justice Department has filed an antitrust lawsuit against Visa, alleging that the financial services behemoth uses its size and dominance to stifle competition…

Read more Department of Justice sues Visa, alleges the card issuer monopolizes debit card markets
14 Things You Didn’t Know You Can Use Bitcoin For – 2024 Guide – Southwest Journal

14 Things You Didn’t Know You Can Use Bitcoin For – 2024 Guide – Southwest Journal

February 22, 2024February 22, 2024 · Minneapolis, Minnesota Local News

Bitcoin has come a long way since its inception, transforming from a digital curiosity into a formidable currency that you can use for a surprising variety of purchases. …

Read more 14 Things You Didn’t Know You Can Use Bitcoin For – 2024 Guide – Southwest Journal
Colorado Pastor Claims The Lord Told Him To Defraud Investors In Crypto Scheme

Colorado Pastor Claims The Lord Told Him To Defraud Investors In Crypto Scheme

January 26, 2024January 29, 2024 · Humor

Eligio Regalado, a pastor from Denver, CO and his wife, Kaitlyn Regalado, were charged with a civil complaint that the pair created and sold a valueless cryptocurrency called…

Read more Colorado Pastor Claims The Lord Told Him To Defraud Investors In Crypto Scheme
SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval

SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval

January 12, 2024January 12, 2024 · Breaking News

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 funds was created after an…

Read more SEC weighing ‘additional measures’ after hacked post on bitcoin ETF approval
After Bitcoin ETFs, watch for the next most popular crypto to go the same route

After Bitcoin ETFs, watch for the next most popular crypto to go the same route

January 12, 2024January 13, 2024 · Breaking News

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 ETFs. The U.S. Securities and…

Read more After Bitcoin ETFs, watch for the next most popular crypto to go the same route
Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform

Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform

January 11, 2024January 11, 2024 · Business

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 new spot bitcoin exchange-traded funds…

Read more Vanguard Won’t Offer Spot Bitcoin ETFs on Its Platform
Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC

Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC

January 10, 2024January 10, 2024 · Breaking News

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 hours leading up to that…

Read more Bitcoin ETFs finally approved after a chaotic, ‘embarrassing’ 24 hours for SEC
SEC Approves Bitcoin ETFs for Everyday Investors

SEC Approves Bitcoin ETFs for Everyday Investors

January 10, 2024January 10, 2024 · Business

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 bitcoin as easily as stocks…

Read more SEC Approves Bitcoin ETFs for Everyday Investors
Bitcoin is up 130% this year. Could it extend the rally in December and 2024?

Bitcoin is up 130% this year. Could it extend the rally in December and 2024?

December 1, 2023December 2, 2023 · Breaking News

Bitcoin has extended its rally on Friday, rising to the loftiest level since May 2022, pushing its yearly gain up to over 130%, on pace to be one…

Read more Bitcoin is up 130% this year. Could it extend the rally in December and 2024?
Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?

Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?

November 29, 2023November 29, 2023 · Breaking News

Ever since the collapse of crypto currencies last year, the lawsuits have been flying. But a series of class-action suits targeting celebrity endorsers of crypto exchanges like FTX…

Read more Why do people keep suing celebrities like Ronaldo and Tom Brady over crypto losses?
The Cost of Doing Business With China? A ,000 Dinner With Xi Jinping Might Be Just the Start

The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start

November 27, 2023November 27, 2023 · Business

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 Chinese leader’s recent dinner in…

Read more The Cost of Doing Business With China? A $40,000 Dinner With Xi Jinping Might Be Just the Start
Crypto bulls eye ,000 as bitcoin’s next level as the coin refreshes yearly high

Crypto bulls eye $40,000 as bitcoin’s next level as the coin refreshes yearly high

November 24, 2023November 24, 2023 · Breaking News

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, as the market shakes off…

Read more Crypto bulls eye $40,000 as bitcoin’s next level as the coin refreshes yearly high
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