Bots are overrunning crypto networks like Solana as they hunt for profits
Deploying funny-sounding strategies like “sandwich trading,” bots have conquered much of the market for Ethereum-based digital tokens, scooping up hundreds ...
Tag: Bloomberg
UBS gets a dose of digital disruption in CEO’s first major move
UBS Group AG has become an investor favorite in recent years as a reliable beacon of profitability. For Chief Executive ...
Blockchain-fueled stock exchange BSTX gets greenlight From SEC
The BSTX exchange won approval from U.S. regulators for a plan to use blockchain technology to fuel key aspects stock ...
TD plans to hire 2,000 tech workers amid battle for talent
Toronto-Dominion Bank plans to hire more than 2,000 technology workers this year, more than six times the number added last ...
Bank of America says a digital U.S. dollar is ‘inevitable’
The U.S. will likely move forward with its own digital currency, with issuance occurring between 2025 and 2030, according to ...
Fed takes key step in deciding on U.S. digital-coin issuance
The Federal Reserve took a key step toward the possible issuance of a U.S. digital currency, a move that the ...
SoFi rises after regulator approves U.S. bank charter
SoFi Technologies Inc., the financial firm led by former Twitter Inc. executive Anthony Noto, surged after the Office of the ...
‘DeFi’ decentralization promise is an illusion, BIS chief says
Advocates of a decentralized future of money based on distributed ledger technology are chasing an illusion, according to Bank of ...
Bank of America launches cash-forecasting tool for businesses
Bank Of America Corp. created a forecasting tool that allows businesses to better manage their use of cash. The service ...
London’s fintech boom opens the door for dirty money
A 10-minute walk from the Bank of England, on the eastern edge of the City of London, lies a gateway ...
