Synapse bankruptcy trustee says $85 million of customer savings is missing in fintech meltdown
Jelena McWilliams, chair of the Federal Deposit Insurance Corporation (FDIC), during a Senate Banking, Housing, and Urban Affairs Committee hearing ...
Tag: FinTech
Fintech firm Nium cuts valuation by 30% in new funding round, eyes 2025 IPO
Westend61 | Westend61 | Getty ImagesAMSTERDAM, Netherlands — Financial technology startup Nium told CNBC Wednesday it raised $50 million in ...
Digital bank Monzo posts first full year of profit after more than doubling revenue
A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first ...
Savings app CEO says 85,000 accounts locked in fintech meltdown: ‘We never imagined a scenario like this’
Oscar Wong | Moment | Getty ImagesWhen Adam Moelis co-founded a fintech startup named Yotta in 2019, he wanted to ...
Binance’s ex-CEO begins prison sentence in California
Former Binance CEO Changpeng Zhao, center, departs federal court in Seattle on April 30, 2024.Jason Redmond | AFP | Getty ...
Fintech targeted by climate skeptics banks $37 million from likes of UBS, CommerzVentures
From left to right: Johan Pihl, Doconomy's chief creative officer and co-founder, and Mathias Wikstrom, chief executive officer and co-founder.DoconomySwedish ...
Fintech nightmare: ‘I have nearly $38,000 tied up’ after Synapse bankruptcy
Sarinyapinngam | Istock | Getty ImagesA dispute between a fintech startup and its banking partners has ensnared potentially millions of ...
Uniswap fights back against SEC as the ethereum crackdown continues
For years, the Securities and Exchange Commission has been cracking down on the crypto sector writ large, but in the ...
New York AG announces $2 billion settlement with crypto lender Genesis
New York Attorney General Letitia James is settling with crypto lender Genesis for $2 billion to repay defrauded investors.The company, ...
From 25 years in prison to just four months: Inside the final verdict on a crypto billionaire CEO archrivalry
Combination showing Former FTX CEO, Sam Bankman-Fried (L) and Zhao Changpeng (R), founder and chief executive officer of Binance.Mike Segar ...
