The San Francisco Police Department has arrested a tech executive named Nima Momeni in connection with the April 4 stabbing of Cash App creator Bob Lee. In an April 13 press conference, the SFPD announced Momeni was in custody following ...
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Could BNPL Solve Cash SME Flow Issues Caused by Unpaid Invoices? Marqeta Reveals Research
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Over half (55 per cent) of SMBs have between £10,000 and £75,000 owed to them by customers every month, with one-third (36 per cent) of businesses needing the funds to remain solvent; revealed modern card issuing platform Marqeta. The severity ...
BTC miners cash $5M on Ordinals, Reddit NFTs get botting backlash and more
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Bitcoin (BTC) miners have pocketed over $5 million from creating nonfungible tokens (NFT) inscriptions using the Ordinals protocol. Transaction fees for Ordinals transactions exploded 240% from $1.5 million on March 10 to 5.2 million by April 12, according to Dune ...
Blockchain Association files brief in Tornado Cash case
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Crypto advocacy groups Blockchain Association and DeFi Education Fund filed a brief in United States District Court in Austin in the case brought by six individuals against the United States Treasury Department over the sanctioning of Tornado Cash. The amicus ...
Coinbase supports new court action to remove Tornado Cash ban
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The United States Treasury faces a renewed legal challenge that aims to overturn the decision to sanction the crypto mixer Tornado Cash from six individuals backed by cryptocurrency exchange Coinbase. A motion for a partial summary judgment was filed on ...
Australian ‘Big 4’ bank ANZ halts cash withdrawals from many branches
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ANZ, one of Australia’s ‘Big 4’ banks, will cease facilitating withdrawals and deposits from a number of its Australian branches, as it looks to push its customers towards using an ever-dwindling number of ATMs and deposit machines. The decision has ...
Tim Draper recommends founders hold ‘at least’ two payrolls ‘worth of cash’ in crypto
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American venture capital investor and entrepreneur Tim Draper advised founders to keep at least two payrolls worth of cash in Bitcoin (BTC) or alternative cryptocurrencies, in response to the uncertainty created by the collapse of Silicon Valley Bank (SVB). In ...
Low-Cost Hospital Cash Insurance Product With Funeral Benefits Launched in Uganda
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Airtel Mobile Commerce Uganda Limited (AMCUL) has announced a strategic partnership with Prudential Assurance Uganda Limited and insurtech Turaco Insurance Brokers LTD to provide ‘Hospital Sente’, a low-cost hospital cash insurance product with funeral benefits. The product’s aim is to ...
Marathon reports $410M of cash and Bitcoin following earlier 10-K delay
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Ad Crypto mining firm Marathon Digital Holdings published its February operations report on March 2, outlining its finances and hashrate data for the past month. Marathon has $410 million of unrestricted assets In its report, Marathon said it increased its ...
Chipper Cash Lays Off More Workers — Crypto Department Still Operational, Says CEO – Fintech Bitcoin News
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The Nigerian fintech, Chipper Cash, recently said it has let go of more employees and that this step has been taken to help the firm contain its operating costs. Although no figure of the number of axed workers was given, ...