Category: Financial Technology

Cryptos fall as FTX-Binance turmoil spooks market, FXT CEO exploring all options as Binance deal breakdown

FTX Chief Executive Officer Sam Bankman-Fried told employees he was exploring all options for his firm after a deal with cryptocurrency exchange Binance collapsed on Wednesday. The proposed deal between…

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Crypto Customer Money Disappear, at Least $1 Billion Missing at FTX

At least $1 billion of customer funds have vanished from collapsed crypto exchange FTX, according to two people familiar with the matter. The exchange's founder Sam Bankman-Fried secretly transferred $10…

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Crypto Needs Supervision to Avoid Harming Americans, White House Says

White House press secretary Karine Jean-Pierre on Thursday said cryptocurrencies risk harming everyday Americans without proper oversight and the latest news involving crypto underscores these concerns, She said the White…

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PayPal Shares Tumble After Forecast Cut

PayPal Holdings, Inc. an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative…

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