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
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Mark Water, Head of Sales at Barchart, shared insights into his company at Benzingas Fintech Deal Day. Barchart is a technology company that specializes in financial market data. Mark shares that, unlike competitors, being a technology company first enables them to leverage the latest and best technology to deliver financial data efficiently and accurately. The
Clients pulled $8.1bn in deposits from Silvergate during a “crisis in confidence” late last year, forcing the crypto-focused US bank to sell assets and underscoring how the implosion of FTX reached the regulated financial sector. The California-based group’s disclosure on Thursday showing its deposits from digital asset customers shrank to $3.8bn on December 31 from
lovelace goes mobile — Nvidia unveils a broad range of efficient new laptop GPUs, from RTX 4050 to 4090 Mobile RTX 4050 can supposedly beat an RTX 3070 with just one-third the power use. Andrew Cunningham – Jan 3, 2023 11:30 pm UTC Enlarge / Nvidia says that an unnamed RTX 4000-series GPU can perform
close video Releasing Trump’s tax returns will result in ‘even more leaking’: Andrew McCarthy Fox News contributor and former federal prosecutor Andrew McCarthy reacts to Congress releasing six years’ worth of Donald Trump’s tax returns. While many questions remain over former President Trump's tax returns, some of the fine print is quite clear; including stock
SoFi Technologies Inc.'sSOFI shares jumped almost 10% on Wednesday after CEO Anthony Noto registered an insider purchase of $5 million in 1.1 million company shares. The personal finance and online bank had been experiencing headwinds as the Biden administration once again extended the payment pause on federal student loans, which according to a Bank of
The current real estate industry is rife with inefficiencies and inequality. On December 7th, Celligence and Sun West Mortgage President and CEO Pavan Agarwal, spoke at the Benzinga Future of Crypto Conference to explore how blockchain is democratizing real estate and how Celligence is disrupting the industry status quo by putting the power into the
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
Uniswap, the decentralized exchange, has partnered up with fintech company Moonpay to let users in the U.S., Brazil, the UK and SEPA (Single Euro Payments Area) areas buy cryptocurrencies on its web app with debit cards, credit cards or bank transfers. What Happened: Uniswap said on Tuesday that users may be able to convert fiat
Rishi Sunak on Wednesday outlined five promises on which he wants the public to judge him at the next general election, including growing the UK economy and cutting NHS waiting lists. In his first big domestic policy speech as prime minister, Sunak said he wanted to deliver “peace of mind” to a country confronted by
oh well — Tesla misses 2022 Q4 target, share price drops further Tesla had a record year, but even big price cuts couldn’t get it past the line. Jonathan M. Gitlin – Jan 3, 2023 3:17 pm UTC Enlarge / Tesla opened a factory outside Berlin, Germany, in 2022. Sean Gallup/Getty Images reader comments 73
Global payments giantVisa IncV has released a paper outlining how the firm could work withEthereumETH/USD to enable automated payments from self-custodial crypto wallets. What Happened: The paper, originally presented as part of a company hackathon held earlier this year, explores how the Ethereum mainnet can offer users the capability of scheduling auto-payments with the support
Takedowns — Google develops free terrorism-moderation tool for smaller websites US tech groups Jigsaw division leads initiative as UK and EU introduce tough laws. Cristina Criddle, Financial Times – Jan 3, 2023 2:20 pm UTC Enlarge reader comments 24 with 0 posters participating Share this story Share on Facebook Share on Twitter Share on Reddit
SpaceLXI — After doubling launch record in 2022, can SpaceX take another step up in 2023? The company may aim for as many as 100 launches in 2023. Eric Berger – Jan 3, 2023 1:48 pm UTC Enlarge / One of SpaceX’s 61 launches in the year 2022 was the CRS-25 supply mission for NASA
Brian Cox, CEO of SurgePays, Inc. SURG was recently interviewed by Benzinga. SurgePays brings critical technology and financial services to the underbanked and underserved. The company is dedicated to serving these communities that lack access to traditional banking and financial services. The company is currently in growth mode and has removed its self-imposed throttle. Watch
Jeremy Blosson, Cofounder and CEO of Strikepoint Media, moderated the panel The Key To Winning Customers In Bear Markets" at Benzinga's Fintech Deal Day. Earlier this year, amid growing concerns of a recession, platforms were dealing with a crisis of confidence. After the FTX fiasco, platforms are now facing a crisis of trust. The panel
German inflation slowed more than expected in December, sliding below 10 per cent and providing some relief for the European Central Bank in its battle to control price rises. Partly because of measures by Berlin to shield consumers from high gas prices, the annual pace of harmonised consumer price inflation dropped to 9.6 per cent
The current real estate industry is rife with inefficiencies and inequality. On December 7th, Celligence and Sun West Mortgage President and CEO Pavan Agarwal, spoke at the Benzinga Future of Crypto Conference to explore how blockchain is democratizing real estate and how Celligence is disrupting the industry status quo by putting the power into the
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
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