Square building new bitcoin-inspired financial services business
Square Inc. is creating a new business line to help developers build financial services products focused on Bitcoin, according to...
Powell says stable coins need regulation to protect U.S. public
Federal Reserve Chair Jerome Powell said there are potential risks from stable coins and that they require regulation to ensure...
India AI startup Fractal weighs IPO as pandemic fuels growth
India’s Fractal Analytics Inc., a provider of artificial intelligence and analytics solutions to global companies, is exploring an initial public...
Deutsche Bank to slash Ireland jobs by half amid cost-cut drive
Deutsche Bank AG is moving more than half of all positions out of Ireland as the German bank seeks to...
Ant Group-backed Kakao Pay seeks up to $1.4 billion in IPO
Kakao Pay Corp., South Korea’s largest online payment service with 36 million users, is seeking to raise as much as...
Workplace chatbot firm Moveworks reaches $2.1B valuation
Moveworks Inc., a startup that helps with employee technology support, is now valued at $2.1 billion, according to founder and...
Germany Thwarts Cyberattack, Denies Impact on Banking System
German authorities thwarted a cyberattack on a data service provider used by federal agencies and pushed back on a report...
Bank of Israel testing Ethereum tech in digital shekel trial
The Bank of Israel is trying out Ethereum’s technology in a recently launched internal digital shekel trial, a spokesman said....
A $130M crypto quant nets big returns as options boom
Forget Elon Musk tweets, regulatory missives and Bitcoin’s energy consumption. To hedge fund manager Shiliang Tang, the biggest crypto story...
AI-driven hedge fund rules out Bitcoin for lack of ‘fundamentals’
A Swedish hedge fund that returned roughly four times the industry average last year using artificial intelligence won’t touch Bitcoin,...
