Crypto

Coinbase is working on its reentry to India more than a year after it officially ceased operations in the world’s most populous nation. The American crypto exchange is engaging with various Indian authorities, including the Financial Intelligence Unit (FIU), an Indian government agency that

Welcome to technewss Fintech!  This week we're looking at how fintech heavyweights such as Klarna and Stripe are incorporating crypto into their strategies, which companies are planning for IPOs, one fintech's Super Bowl ad, Stripe's new lead of startups and venture capital, and

Five years ago, SpaceX launched Starlink, which has since grown into its biggest revenue driver, expanding to more than 100 countries. But as Starlink scaled, it faced a major hurdle: accepting payments in developing markets, where traditional banking infrastructure is unreliable, slow, and prone t

The newest generation of startups aiming to solve cross-border payments are focusing on stablecoins — cryptocurrency coins often pegged to actual currencies or other commodities to help them keep stable prices — to build solutions that work faster and often cheaper than classic financia

President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for “digital assets” — including cryptocurrencies, digital tokens, and stablecoins — and evaluate a national crypto stockpile. Ex-PayPal COO and founder of VC firm Cr

In the summer of 2020, as pandemic-driven volatility gripped markets, SoftBank Group shocked Wall Street with a series of massive options bets on U.S. technology stocks. Behind those trades — which earned SoftBank the “Nasdaq whale” moniker — was Akshay Naheta, an executive whose ca

“I think the most ironic way the world could end would be if someone makes a memecoin about a man's stretched anus and it brings about the singularity.” That's Andy Ayrey, the founder of decentralized AI alignment research lab Upward Spiral, who is also behind the viral AI bot Truth Te

Avara, the company behind Aave, Lens, and Family, is announcing a $31 million funding round led by Lightspeed Faction. With Lens, Avara is building a decentralized L2 network that could serve as the infrastructure for social and consumer apps. This funding announcement comes a few weeks after Lens

Getting paid in cryptocurrencies may sound like a bad idea, but this could be an actually useful feature for international contractors. Remote, the company that lets you hire people and manage contractors all around the world, is introducing crypto payouts on Tuesday. Companies based in the U.S. c

Peak XV and HongShan, the Indian and Chinese investment firms that split from powerhouse Sequoia last year, have co-led a $10 million seed investment in KAST, a dollar-denominated neobank-like platform that lets customers hold and spend stablecoins through traditional payment avenues.  Kast a

Michael Gronager, the co-founder and longtime CEO of Chainalysis, has agreed to leave the company permanently, two months after taking a temporary personal leave of absence. Chainalysis, a buzzy 10-year-old, New York-based blockchain data platform, will now be led by co-founder Jonathan Levin, as

Bankrupt cryptocurrency company FTX filed 23 lawsuits Friday against Anthony Scaramucci (pictured above), his hedge fund SkyBridge Capital, and other organizations, including Crypto.com and the Mark Zuckerberg-backed lobbying group Fwd.us. These lawsuits are an attempt to claw back money for FTX&#

In August, the crypto news website Web3 Is Going Just Great published a post about the arrest of Roman Ziemian, the founder of crypto trading platform FutureNet, which is alleged to have defrauded victims out of a combined $21 million.  For the news site’s administrator, Molly White, a

Africa’s blockchain and crypto space is receiving a much-needed venture boost during a tough time for startups, some of which have retreated from specific markets or completely shut down due to issues like harsh regulatory environment, macros, or downright mismanagement.  The boost involves