PayPal pulls the plug on PornHub performers’ payments
Thousands of performers on pornography website PornHub have reportedly been cut off from using PayPal’s services.
skew. launches crypto-trading platform on the back of new $5m financing round
London-based FinTech startup skew. is aiming to create the gateway to a cryptocurrency markets and has just picked up $5m to make it happen.Octopus...
Cryptocurrency exchange FTX is acquiring portfolio tracking app Blockfolio in $150m deal
FTX, the cryptocurrency exchange, is acquiring portfolio tracking app Blockfolio in a deal worth $150m.
Bitcoin breaks new record at $34,000 valuation
Cryptocurrency bitcoin's value has reached a new record level by shooting past the $34,000 mark on Sunday.
Blockchain infrastructure platform Paxos picks up $300m, takes its valuation to $2.4bn
New York-based cryptocurrency exchange Paxos raised $300m in a Series D funding round taking its valuation to $2.4bn.
How long can WealthTech firms resist the crypto FOMO?
Global stockbrokers, neobankers and financial institutions are all slowly onboarding crypto into their asset portfolio and it's probably a matter of time before WealthTechs do the same, according to analysts.
Taiwan’s XREX snaps up $17m in fresh funding to expand its fiat currency portfolio
Taiwanese blockchain TradeTech firm XREX has closed a $17m funding round led by investment firm CDIB Capital Group and several big-name investors.
UK lawmakers underline key stability and privacy risks of CBDCs
A report by the House of Lords’ Economic Affairs Committee has warned how a digital pound could harm financial stability, raise credit costs and erode privacy.
CoinRoutes lands $16m Series B
CoinRoutes, a trading platform for digital assets, has secured $16m from a Series B financing raise led by Ayon Capital.
Hong Kong’s SFC calls for regulation on NFT-based investment schemes
Hong Kong’s Securities and Futures Commission has said that some NFTs that constitute investment products will have to be regulated.