With £3 billion in deposits, over £2 billion in loans on its balance sheet, and more than 400,000 credit cards issued since its launch in 2020, Zopa has rapidly established itself as a prominent player in the UK banking landscape. Zopa, a UK-based online banking company, has achieved a significant milestone, securing an additional $93 million in funding to fuel its growth. The investment round, primarily consisting of debt financing, marks an important step as the company prepares for its...
Read More »Thodex Exchange CEO, Others Get 11,196 Years Jail Sentence
The court also slammed them with a judicial fine of 135 million liras ( approximately $5 million) as the case came to a close. The long arm of the law may have finally caught up with Faruk Fatih Özer, the founder of the Turkish crypto exchange Thodex which collapsed two years ago. According to a local media report, Faruk, alongside his sister Serap Özer and his brother Güven Özer have all been sentenced to 11,196 years, 10 months, and 15 days in prison. The court also slammed them with a...
Read More »AI Lab Imbue Secures $200M Funding from Nvidia and Others
The recent funding infusion will support Imbue in advancing and fine-tuning its reasoning-centric AI technology. On Thursday, September 7, AI Lab Imbue announced that they have successfully raised $200 million in Series B funding, at a massive valuation of $1 billion. The San Francisco-based startup specializes in training foundation models optimized for “reasoning”, a focus it leverages to create AI agents proficient in coding tasks. The company’s mission revolves around democratizing the...
Read More »JPMorgan Builds Blockchain Infrastructure for Deposit Token that Speeds Up Cross-Border Payments and Settlements
In addition to the JPM Coin, JPMorgan is now developing another blockchain asset that will function as a deposit token for cross-border transactions. Multinational bank and financial services giant JPMorgan (NYSE: JPM) is developing a blockchain deposit token to smoothen cross-border payments and settlements. According to a person familiar with the project, JPMorgan will use a digital deposit asset to quicken these payments. A Bloomberg report notes that JPMorgan has already developed...
Read More »Coinbase to Prioritize Crypto Markets Outside of US in Its Expansion Strategy
Coinbase’s vice presidents for international business and international policy are clearly dissatisfied with the regulatory situation in the United States. Coinbase is strategically expanding its cryptocurrency exchange services globally, with a particular emphasis on markets with clear regulatory frameworks. In its short-term expansion strategy, Coinbase is prioritizing countries outside the United States based on their well-defined cryptocurrency regulations. Notable countries in this...
Read More »Ant Group Rolls Out New Blockchain Platform for Web3 Development ZAN
ZAN is powered by technical innovations from AntChain Open Labs. Chinese fintech giant Ant Group, the creator of the world’s biggest payment platform Alipay, is expanding its foothold into the crypto industry with the launch of ZAN, a blockchain service platform aimed at both Hong Kong and global markets to simplify the complexities of blockchain technology. In a press release published on September 8, the company’s CEO Zhang Hui announced the launch of ZAN during a conference in Shanghai,...
Read More »Mit Swagbucks Geld verdienen: So funktioniert’s
Swagbucks ist ein von Prodege LLC betriebener Betreiber von Belohnungs- und Treueprogrammen mit Sitz in El Segundo, Kalifornien. In der heutigen Zeit suchen viele Menschen nach Möglichkeiten, ihr Einkommen aufzubessern oder ein kleines Extra-Geld zu verdienen. Eine der beliebtesten Plattformen für diesen Zweck ist Swagbucks. Swagbucks ist eine Online-Plattform, auf der Nutzer auf verschiedene Arten Geld verdienen können, ohne ihr Zuhause verlassen...
Read More »Die Geburt von Linux: Eine Revolution in der Welt des Betriebssystems
Linux, das heute als eines der bekanntesten und am weitesten verbreiteten Betriebssysteme der Welt gilt, hat eine faszinierende Entstehungsgeschichte. Seine Wurzeln reichen zurück in die frühen 1990er Jahre und sind eng mit dem Namen Linus Torvalds verbunden. Die Anfänge: Im Jahr 1991, als Linus Torvalds ein Informatikstudent an der Universität von Helsinki war, begann er, an einem eigenen Betriebssystemkern zu arbeiten. Sein Ziel war es, ein Betriebssystem zu entwickeln, das auf dem...
Read More »Bitcoin Cash Analysis: Key Breakout Resistance Sits At $200
Bitcoin cash is attempting a recovery wave from the $188 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $192 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $200 and $210 to start a steady upward movement in the near term. Bitcoin cash price is rising from $188 against the US Dollar,...
Read More »Mystery: Dormant Ethereum ICO Address Finally Moves ETH Away
An unknown Ethereum address that has existed for over eight years has just made its first transfer for 185 ETH. In another intriguing transfer of the day, 830 BTC were moved from an unknown wallet to Bitstamp. The on-chain monitoring tool Whale Alert outlined the ETH ICO participant and their behavior on September 7. The wallet, which was created over eight years ago, even before the Ethereum Initial Coin Offering, moved 185 ETH (worth just over $300,000 at the time of the...
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