#Banks and Fintech

The spread and regulation of cryptocurrencies and blockchain technology in the banking industry and fintech applications.

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ForkLog 26 19.08.2021

JPMorgan closes Compass mining firm’s accounts

The financial conglomerate JPMorgan Chase has ceased servicing Compass, the mining company founded by Whit Gibbs.

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uskoryayushhei-sya-fragmentatsii-mirovogo-interneta

ForkLog 10 18.08.2021

British bank Lloyds Banking Group posts vacancy for cryptocurrency expert

Lloyds Banking Group has opened a vacancy for a senior manager of digital currencies and innovation, according to the organisation's site.

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ForkLog 11 14.08.2021

Chime fintech raises $750 million at a $25 billion valuation

The fintech company Chime Financial, which offers free mobile banking, raised $750 million in a new round of financing. The company's valuation reached $25 billion.

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ForkLog 11 13.08.2021

Media: Buffett-backed digital bank with Berkshire Hathaway investments plans a $2 billion Nasdaq IPO

The Brazilian digital bank Nubank plans to conduct an IPO on the Nasdaq stock exchange by the end of 2021. In the offering, the company aims to raise more than $2 billion.

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ForkLog 33 12.08.2021

DBS Bank wins in-principle approval in Singapore to offer cryptocurrency services

The brokerage arm of DBS Bank, the largest bank in Singapore, has received in-principle approval from the financial regulator to offer cryptocurrency services to asset managers and corporates.

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ForkLog 14 06.08.2021

Media: New Russian hacker group publishes data on 1 million credit cards on the dark web

The hacker group All World Cards posted on the dark web data for about one million credit cards, CNBC reports citing cybersecurity firm Q6. The attackers are linked to Russia.

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ForkLog 20 05.08.2021

Media: JPMorgan teams up with NYDIG to launch a bitcoin fund for wealthy clients

The financial holding JPMorgan opened to wealthy clients access to a passively managed bitcoin fund launched jointly with Stone Ridge Assets Management's subsidiary — NYDIG.

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ForkLog 34 04.08.2021

Australian digital-asset exchange CoinJar launches Mastercard-backed cryptocurrency card.

Australia's largest digital assets exchange CoinJar has launched a cryptocurrency payment card. The company said this is the first such product in the country supported by Mastercard.

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ForkLog 12 29.07.2021

State Street to offer cryptocurrency services to private funds

State Street, the second-oldest active bank in the United States, plans to offer the private funds it serves cryptocurrency trading, reporting, and account reconciliation services, Bloomberg reports.

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ForkLog 15 29.07.2021

YouTube influencer Logan Paul invests in Bitcoin cashback platform Lolli in $10 million Series A

Lolli, the company that offers Bitcoin cashback on online purchases, raised $10 million in a Series A round led by venture firm Acrew Capital.

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ForkLog 17 28.07.2021

Wealthy clients show interest in cryptocurrencies at Swiss bank Vontobel

In a Bloomberg interview, Zeno Staub, CEO of Swiss private bank Vontobel, said that some wealthy clients are interested in moving part of their assets into cryptocurrencies.

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ForkLog 18 26.07.2021

Media: Kazakh banks will be allowed to open accounts for cryptocurrency companies

Companies providing cryptocurrency-related services will be able to open accounts in Kazakh banks as part of a pilot project, local media reported.

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