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Fintech
London-based fintech lender Creditspring has bagged £48 million in a funding round which it says will be used to improve financial stability across the UK. London (UK)- The company says its latest funding round, which takes its total funding raised to date to £70 million, will be used “to
Xiaomi partners Leica for imagining technology could debut with Xiaomi 12 Ultra Beijing (China)- Chinese smartphone manufacturer Xiaomi has now announced a new partnership with Leica for mobile imaging technology. The collaboration will be seen with the company’s next-gen smartphones that might feature a Leica branding on the camera island. Huawei and Leica ended a
California (US)- WhatsApp parent company Meta is pushing harder to attract businesses to its popular chat app to find new revenue streams beyond targeted advertisements on its other platforms, Facebook and Instagram. On Thursday, Meta CEO Mark Zuckerberg unveiled WhatsApp Cloud API, a developer tool that will make it easier for businesses to message and […]
On Saturday, Cyprus President Nicos Anastasiades stated that Turkey would most likely prevent the republic from joining NATO. Anastasiades was asked by reporters at the opening ceremony of a new rehabilitation centre for members of the National Organization of Cypriot Fighters (EOKA) whether there is a chance to discuss Cyprus’s membership in NATO begin. “I
TerraUSD had a value of $1, with a market value of nearly $19 billion at its peak, before it plunged last week and ended at just 16 cents on Friday. Tokyo (Japan)- The plunge in the value of TerraUSD, one of the biggest cryptocurrencies, has strengthened the resolve of regulators worldwide wanting to tighten oversight […]
NEW YORK — It’s been a wild week in crypto, even by crypto standards. Bitcoin tumbled, stablecoins were anything but stable and one of the crypto industry’s highest-profile companies lost a third of its market value. Here’s a look at some major developments in cryptocurrencies this week: BITCOIN The price of bitcoin dropped to around […]
WASHINGTON — Treasury Secretary Janet Yellen, responding to the recent sharp decline in the value of cryptocurrencies, said Thursday that additional federal regulation was needed to respond to the wave of speculative investment in the currency whose secrecy is an essential part of its appeal. “We really need a regulatory framework to guard against the […]
SILVER SPRING, Md. — Cryptocurrency trading platform Coinbase has lost half its value in the past week, including its biggest one-day drop 5o date on Wednesday as the famously volatile crypto market weathers yet another slump. Coinbase reported a $430 million net loss in the first quarter, or $1.98 per share, on declining sales and active […]
Washington (US) – Erin Houchin braced for the worst when a mysterious, well-financed group started buying television ads last month in her highly competitive southern Indiana congressional race. Houchin assumed she would face a negative blitz, like the one that crushed her in 2016 when she ran for the same seat. But, in fact, the […]
SACRAMENTO, Calif. — California, which has a economy larger than all but four countries and where much of the world’s technological innovation is born, on Wednesday became the first state to formally begin examining how to broadly adapt to cryptocurrency and related innovations. Following a path laid out by President Joe Biden in March, Gov. […]
