George Parthimos, founder and CEO of Wolfpack Financials LLC, shared the motivation behind his company at Benzingas Fintech Deal Day. Parthimos has several sons who were interested in building a portfolio but were daunted by the complexity of investing in the stock market. Parthimos had the tools to educate his family but knew that many
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Blockchain, the technology that underpins cryptocurrencies such as Bitcoin BTC/USD , can propel a traditional financial services firm into the next frontier of fintech. And yet, it's highly complicated and extremely scrutinized thanks to the current drama surrounding certain bad actors (i.e., Luna and FTX). "The scrutiny of the contagion of what has gone wrong
Melissa Watras of Trillium Labs moderated the panel Regulation: The Problems, Solutions, And Ensuring A Balance at Benzingas Fintech Deal Day. Fintech is innovating at a pace that is difficult for regulators to keep up with. Much of the fintech space exists in a regulatory grey area that is dangerous to the government, consumers, and
The 56 million Robinhood Markets shares at stake are currently worth around $450 million. 2346 Total views 28 Total shares Listen to article 0:00 News Ho-ho-ho! Get Limited Holiday Trait!Collect this article as NFT Embattled crypto exchange FTX asked for the assistance of a United States bankruptcy judge to prevent crypto lending firm BlockFi from
The House Select Committee to Investigate the January 6th Attack on the U.S. Capitol has released its final 845-page report on the insurrection at the Capitol and Donald Trump’s attempts to overturn the 2020 election. The report finds Trump was the central cause of the violence on January 6 and that Trump or his inner
Dealmaster — A very special Dealmaster: Last-minute deals you can still grab Dealmaster has discounts on some of our favorite fitness trackers, 4K TVs, and smart home devices. Corey Gaskin – Dec 23, 2022 1:00 pm UTC EnlargeArs Technica reader comments 3 with 0 posters participating Share this story Share on Facebook Share on Twitter
When Liz Truss and Kwasi Kwarteng’s infamous “mini” Budget sent Britain’s finances into turmoil in September, it was pilloried as an egregious example of putting ideology over evidence. Both of its architects were gone within a matter of weeks, and a chastened Conservative party announced a series of U-turns. The damage was done, but it
Passengers flying into the UK face months of disruption at the border as passport officers gear up for prolonged strikes, the head of the civil service union has warned. Border Force officers on Friday began eight days of strikes and government officials have warned people to prepare for long queues and drafted in the military
2020 and 2021 saw a massive expansion of digital offerings across nearly every industry. Many organizations implemented new partnerships to offer digital commerce and payment tools, or even invested in creating their own tools to address the abrupt and urgent need created by the pandemic. This trend was particularly evident in the digital health market,
SOURCE CODE COP — Okta says source code for Workforce Identity Cloud service was copied Code stored on GitHub was copied after threat actor gained unauthorized access. Dan Goodin – Dec 21, 2022 10:50 pm UTC EnlargeGetty Images reader comments 30 with 0 posters participating Share this story Share on Facebook Share on Twitter Share
Billionaire investor Tim Draper has earned the title "adventure capitalist" by betting on a series of notable tech successes, including Hotmail, Skype, SpaceX, AngelList, SolarCity, Twitter, DocuSign, Coinbase, Robinhood, and Ancestry.com. Draper was an early supporter of Bitcoin BTC/USD and has made early predictions which for the past eight years have turned out to be
Leading financial media outlet Benzinga hosted its annual Global Fintech Deal Day & AwardsThursday at Pier Sixty in New York City. Here'sa look at the annual event and the 2022 award winners. Benzinga Global Fintech Awards: Each year, Benzinga honors the top companies in the fintech sector that are building the future of financial services
Throughout 2022, the cryptocurrency sector sent out shockwaves that hitinvestors and those interested in entering into the market particularly Wall Street and fintech with themost recentcollapse of FTXhurting the development oftrust between Wall Street, fintech and cryptocurrencies. ButWall Street is still committed to entering the crypto industry, saidAdam Levine, vice president of corporate strategy at
Joe Rogan discussed the much-hyped Donald Trump NFTs that sold out within 12 hours of their listing. What Happened: Rogan joked about the video that Trump released to promote his NFT collection, when speaking to Brian Redban on the "Joe Rogan Experience"podcast. After realizing that the collection is sold out, Rogan expressed his sadness, saying:
The UK economy contracted by more than previously estimated in the third quarter and lagged further behind other advanced economies, as households struggled with high inflation. Data published by the Office for National Statistics on Thursday also suggested that consumers are not dipping into their savings as much as forecast, suggesting the UK’s recession could
Ever hear of due diligence? — Elon Musk blames Twitter cost cuts on $3 billion negative cash flow Musk says he’ll resign once he finds someone “foolish enough to take the job.” Hannah Murphy, Financial Times – Dec 21, 2022 2:59 pm UTC EnlargeJonathan Newton/The Washington Post via Getty Images reader comments 183 with 0
Nelson Chu, founder and CEO of Percent, shared some insights about his company at Benzingas Fintech Deal Day. Percent has created a sound infrastructure software approach to alternative and private investing. For the past four years, they have primarily been concerned with underwriting as they geared up for a three-sided market option. Chu reports that
Its been a bad month for many in the crypto world, including Gemini Exchange and its owners and founders, billionaire twin brothers Tyler Winklevoss and Cameron Winklevoss. On November 16, 2022, Gemini announced on its blog: Genesis Global Capital, LLC (Genesis) the lending partner of the (Gemini) Earn program has paused withdrawals and will not
At least bandwidth won’t be an issue — With Apple bowing out, YouTube is close to scoring NFL Sunday Ticket Don’t expect a revolution in pricing for the $300-a-year sports package, though. Ron Amadeo – Dec 21, 2022 5:38 pm UTC Enlarge / SANTA CLARA, CALIFORNIA – DECEMBER 11: The San Francisco 49ers new star
Americas LGBTQ community can breathe a small sigh of relief. President Joe Biden on Tuesday signed into law the Respect for Marriage Act, formally repealing prior federal legislation that sought to exclude the LGBTQ community and providing a fail-safe measure should the Supreme Courts right-wing majority do to marriage equality and interracial marriages what it