September 11, 2024
Justin Sun spoke to X to address liquidation rumors. The statement comes as cryptocurrencies are in free fall. Tron founder Justin Sun has denied rumors that his positions were liquidated following a fall in cryptocurrency prices. Rumors began circulating on X early Monday morning Asian time after an account with just over 11,000 followers posted,
September 11, 2024
THE Cardan The community is abuzz as founder Charles Hoskinson hints at a possible collaboration with renowned businessman and Tesla CEO Elon Musk. The revelation comes after a user on social media platform X asked if Hoskinson had ever interacted with Musk. Here is the full download. Hoskinson's Strategic Approach Recently, a cryptocurrency enthusiast on
September 10, 2024
Unconfirmed news about a potential partnership with fintech firm Revolut and commission-free brokerage app Robinhood has caused the price of Solana-based memecoin BONK to surge. BONK listing on Revolut: rumor or reality? After recording up to a Price increase of 32% Last week, BONK saw an additional surge overnight, pushing the price to a multi-week
September 9, 2024
As 2023 drew to a close, many banking executives and thought leaders threw up their hands in despair at the apparent death of Banking as a Service (BaaS). An anticipated hot market has failed to live up to expectations, and countless financial institutions have seemingly thrown in the towel on BaaS as the industry grapples
September 8, 2024
Dive summary: Goldman Sachs will sell the installment loan financial technology Green Sky to a consortium of investors led by private equity firm Sixth Street, the bank announced Wednesday. The deal, which is expected to close in the first quarter of 2024, will result in a 19 cent per share hit to Goldman's third-quarter earnings,
September 8, 2024
SebiIt's new Guidelines to manage stock price impact arising from market rumors will ensure that the stock price used in the merger and acquisition (M&A), buyouts and others transactions are not artificially influenced by speculative market activitiesexperts said on Wednesday. Market rumors relating to a business business can create volatility in stock prices, often leading
September 8, 2024
Investors may be bracing for an initial public offering (IPO) renaissance, but if the PYMNTS FinTech IPO Index is any indication: Caveat emptor. There is a growing demand for conclusion of agreementsfor startups to be acquired for the purpose of buying rather than building operations, and for FinTech companies, in particular, to go public as
September 8, 2024
The Wise logo displayed on a smartphone screen. Pavlo Gonchar | SOPA Images | LightRocket via Getty Images British fintech company Wise nearly quadrupled its pretax profit in its half-year results released on Tuesday, citing a boost from rising interest rates. Wise reported revenue of £498.2 million, up 25% on the previous year, for the
September 7, 2024
Just 1 and a half days away from the highly anticipated Bitcoin HalvingThe crypto community is abuzz with speculation about its potential impact on prices. As the countdown continues and There are less than 250 blocks left to mineCoinify CEO Rikke Staer suggests that it’s possible to “buy the rumor and sell the news” for
September 7, 2024
Amid the slowdown in the global financial technology market, rumor has it that Ripple Initial Public Offering (IPO)a highly anticipated event, could be affected by a potential delay. Ripple IPO Could Be Delayed Due to Fintech Slowdown Dushyant Shahrawat, Head of FinTech Investment Banking at Rosenblatt Securities, recently suggested a potential delay in Ripple’s IPO.
September 7, 2024
Envestnet, which lost its co-founder and CEO in 2019, is up for sale again, but questions remain about whether finding a buyer this time will be different. The publicly traded fintech is currently considering two options: finding a buyer for its data aggregator Yodlee, which collects consumers' financial information from various accounts, or exploring offers
September 6, 2024
Advertisement &nbsp &nbsp Stuart Alderoty, Ripple Labs' chief legal officer, has strongly criticized the U.S. Securities and Exchange Commission's (SEC) ongoing legal actions against the cryptocurrency industry. Alderothy's remarks follow reflections marking one year since Judge Analisa Torres' pivotal decision in the case SEC vs. Ripple Lawsuitwhich determined that Ripple's XRP token is not a
