Financial News

Valued at $2.2 billion in 2021, African money-transfer startup Chipper Cash was slow to adapt to the funding collapse of 2022. Now, after layoffs and a deep valuation cut, it’s focusing on the basics–and profitability.

US stocks are up after Target posted its second-quarter profit, while investors are anticipating the release of minutes from the last Fed meeting.

A sharp mid-afternoon selloff upended what had been a quiet Tuesday in cryptocurrencies.

Crypto exchange Binance has decided to shut down its buy-and-sell service Binance Connect, formerly known as Bifinity, just one year after its launch, the company said in a statement.

Sam Bankman-Fried used money he stole from customers of his FTX cryptocurrency exchange to make more than $100 million in political campaign contributions before the 2022 U.S. midterm elections, federal prosecutors said on Monday.

Alex Chriss, who has had a successful run at Intuit, will take the reins from Dan Schulman at the end of September.

AI has already demonstrated that it can improve productivity, but is it also the ultimate disruptor that can threaten our very existence? Some experts think it will take years.

The latest price moves in bitcoin (BTC) and crypto markets in context for August 15, 2023. First Mover is CoinDesk’s daily newsletter that contextualizes the latest actions in the crypto markets.

The combined effect of expansionary fiscal and monetary policies should support bitcoin long term as a hedge against fiat debasement and profligate spending, the report said.

Blockstream intends to buy and store ASIC mining hardware ahead of Bitcoin’s halving in 2024.

Discover effective strategies to maintain online privacy and learn how to safeguard your personal information while navigating the digital landscape.

The pending Grayscale ruling could impact the race for an approved spot Bitcoin exchange-traded fund.