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UK chancellor Jeremy Hunt was on Saturday locked in talks over how to stop the collapse of Silicon Valley Bank from dealing a heavy blow to Britain’s tech sector. More than 200 UK-based tech company executives have urged Downing Street to step in, warning that many companies faced an “existential threat” because they banked with

Green Check Verified (GCV), a fintech provider of compliant cannabis banking solutions and services, recently completed a $6 million Series A funding roundled by Mendon Venture Partners. The news comes on the heels of the companys launch of Green Check Connect of GCC – a new marketplace enabling marijuana-related businesses to find reliable financial service

Many crypto exchanges – and merchants accepting crypto payments – are on the lookout for the best crypto-friendly financial institutions to keep them ahead in the market. FinXP is one example of a reliable and cutting-edge fintech company based in Europe. Established in 2014, building on decades of previous experience, the team at FinXP provides

Financial services in a non-face-to-face format are actively being integrated into our lives and, like any new phenomenon, are introducing new concepts and terms. The idea that KYC and AML are identical phenomena is a common misconception of the users who encounter the misuse of the terms now and then. Roman Nekrutenko, CEO of the

Coinbase Global Inc COIN announced the launch Thursday of layer 2 network Baseand theBase Ecosystem Fund to support early stage projects on the network. Coinbasesaid it will use Base as a home for its on-chain products. Base will also serve as an open ecosystem through which anyone can build decentralized apps or dapps on-chain and

Jack Dorsey-led BlockInc. SQ is scheduled to release its fourth-quarter results on Thursday after the market close. The Block Analyst: KeyBanc Capital Markets analyst Josh Beck maintained an Overweight rating and raised the price target from $90 to $100, suggesting roughly 39% upside from current levels. See Also: Best Fintech Stocks The Block Thesis: We

A total of 2,672 complaints against companies and market intermediaries received through capital markets regulator Sebi's SCORES platform were disposed of in February, according to Sebi data. At the beginning of February, as many as 2,603 complaints were pending and 2,321 fresh complaints were received during the month, the data released by Sebi on Friday

Silicon Valley Bank was shuttered by US regulators on Friday after customers raced to withdraw $42bn — a quarter of its total deposits — in one day and a failed effort to raise new capital called into question the future of the tech-focused lender. With about $209bn in assets, SVB has become the second-largest bank

BlackRock Inc BLK is reportedly selling its robo-advisory company FutureAdvisor to Ritholtz Wealth Management. What Happened: FutureAdvisor informed retail clients that the New York-based Ritholtz will acquire it, reported Insider, citing an email sent to clients. Ritholtz confirmed the companys acquisition but did not disclose the details of the deal, according to the report. After

Plenty of ugly — Rocket Report: Boeing to bid SLS for military launch; Ariane chief says all is well “We believe the proven SLS capabilities can be an asset.” Eric Berger – Mar 10, 2023 12:00 pm UTC Enlarge / Japan’s next generation “H3” rocket, carrying the advanced optical satellite “Daichi 3”, leaves the launch

fire sale — Has the generative AI pricing collapse already started? OpenAI could be in a position to loss-lead until its competitors wither away. Rob Reid – Mar 9, 2023 8:44 pm UTC Enlargefermate/Getty Images reader comments 93 with Share this story Share on Facebook Share on Twitter Share on Reddit OpenAI just announced pricing

This week, Interactive Brokers Group Inc IBKR launched a redesigned set of free educational resources called IBKR Campus. The offering will enable investors to learn about trading and markets, as well as Interactive Brokers trading tools, through courses, webinars, podcasts, and market commentaries. Impact: Available for free to both clients and non-clients globally, IBKR Campus

Opinion — PlayStations new Discord integration is a key step for the cross-play dream Before this week, there was no universal VoIP platform for online games. Samuel Axon – Mar 10, 2023 12:24 pm UTC Enlarge / Cross-platform voice chat has arrived on the PlayStation 5.Samuel Axon reader comments 4 with Share this story Share

PERSISTENCE — Malware infecting widely used security appliance survives firmware updates Update-resistant malware is part of a pattern by highly motivated threat actors. Dan Goodin – Mar 9, 2023 11:20 pm UTC EnlargeGetty Images reader comments 20 with Share this story Share on Facebook Share on Twitter Share on Reddit Threat actors with a connection

Investors wiped $52.4bn off the market value of the four largest US banks by assets on Thursday amid a widespread sell-off of financial stocks that analysts linked to investor fears over the value of lenders’ bond portfolios. The sell-off in JPMorgan Chase, Bank of America, Citigroup and Wells Fargo appeared to have been sparked by

Many crypto exchanges – and merchants accepting crypto payments – are on the lookout for the best crypto-friendly financial institutions to keep them ahead in the market. FinXP is one example of a reliable and cutting-edge fintech company based in Europe. Established in 2014, building on decades of previous experience, the team at FinXP provides

close video North Dakota Gov. Doug Burgum touts tax relief plan to bolster economic growth North Dakota Republican Gov. Doug Burgum discusses his goal of a 1.5% flat tax, plus a measure to end income tax altogether by 2028 on ‘The Big Money Show.’ President Biden is reportedly planning to unveil a series of major

Former President Donald Trump made headlines in late 2022 when he revealed a non-fungible token collection. The NFTs were widely criticized, but also saw huge demand from fans and collectors. Heres how much an investment in the NFTs would be worth today. What Happened: Trump announced the launch of an NFT collection called Trump Digital

Coinbase Global Inc COIN announced the launch Thursday of layer 2 network Baseand theBase Ecosystem Fund to support early stage projects on the network. Coinbasesaid it will use Base as a home for its on-chain products. Base will also serve as an open ecosystem through which anyone can build decentralized apps or dapps on-chain and

eToro announced it secured a virtual currency and money transmitter license from the New York State Department of Financial Services (NYDFS). Now, the social investing and trading platform will be able to offer crypto services in the state through its eToro NY subsidiary. Securing our BitLicense and Money Transmitter License in New York is a