News - page 271

Blockchain & Crypto

TON Validators Will Vote to Suspend Inactive Addresses Holding $2.3B in Toncoin

Validators of the TON blockchain ecosystem will vote to determine the suspension of 195 inactive addresses holding 1.08 billion Toncoin.

Finance & Economics

US Biggest Banks Teams Up to Take On Apple and PayPal

The largest US banks are joining forces to create a digital wallet.

Fintech & Ecommerce

Web3 Social Wallet Tribes Launches

Tribes, a Web3 messaging and group wallet app, launched after receiving $3.3 million a pre-seed funding round.

Blockchain & Crypto

UAE Backs Crypto Adoption With Trading Potential

The United Arab Emirates have been overt regarding their interest in crypto. Now, UAE’s Minister says crypto will ‘play a major role for the United Arab Emirate’s global trade going forward’.

Fintech & Ecommerce

B2B BNPL Playter Launches Credit Solution Paid

The UK-based provider of B2B Buy-Now-Pay-Later (BNPL) services Playter now allows suppliers to offer out BNPL payment plans to their customers

Blockchain & Crypto

America’s First Nuclear-Powered Bitcoin Mining Center

Cumulus Data will open America’s first nuclear-powered Bitcoin mining center in Pennsylvania.

Science & Technology

InsurTech Insured.io Introduces Payment Center

A new payment processing feature, Payment Center, will allow insured.io to customise automatic payments

Finance & Economics

Binance SWIFT Banking Partner to Ban USD Transfers Below $100K

Binance’s SWIFT partner, Signature Bank, has set a minimum transaction limit of $100,000.

Finance & Economics

Survey: Nearly 20% of US Firms Expect to Reduce Headcount

A survey by the National Association of Business Economics testified that conditions in the US labor market are softening, and companies are no longer experiencing a shortage of labor.

Finance & Economics

Brazil and Argentina to Create Common Currency

Brazil and Argentina will soon begin preparations for the creation of a common currency.

Finance & Economics

Citadel Reports Record Profit of $16 Billion

In 2022, Ken Griffin’s Citadel brought investors a profit of $16 billion.

Fintech & Ecommerce

Nova Credit Allowed to Provide Credit References in the UK

Nova Credit is a cross-border consumer credit bureau that uses first-party data to enable immigrant consumers to apply for financial services using their international credit history

Finance & Economics

Danske Bank Releases Climate Action Plan

Danish Danske Bank has developed an action plan to combat climate change.

Blockchain & Crypto

SEC Fines Nexe Crypto Asset Platform for $45 Million

In the US, the Securities and Exchange Commission (SEC) fined the Nexo crypto asset platform.

Science & Technology

China Development Bank Increases Loan Support for Science & Tech

China Development Bank granted CNY 261.9 billion (about $38.68 billion ) of loans to support the country’s science and technology innovation in 2022

Blockchain & Crypto

Signature Bank Will Not Handle Crypto Transactions Under $100,000

Once a crypto-friendly bank, Signature is trying to reduce its exposure to the beleaguered digital asset market, increasing the transaction limits for crypto traders it supports