In the world of digital money, two big players have teamed up to make things faster and safer. Transak, a company that helps people buy and sell crypto, has joined forces with Cross River Bank. This bank is known for its quick and reliable payment systems. Together, they want to make it easier for p
Fossil, a well-known brand in the world of fashion accessories, is in hot water. It's filed for Chapter 15 bankruptcy in the U. S. , pointing fingers at U. S. tariffs and tech giants like Apple and Samsung. This move comes after Fossil proposed a restructuring plan in the U. K. to tackle its growing
Big banks are diving into the world of tokenization, turning traditional assets into digital tokens. This isn't just about crypto anymore. It's about making old-school finance work better with new tech. Goldman Sachs and BNY Mellon have already launched tokenized money market funds. These funds are
In a surprising turn of events, Israel's parliament has given the initial green light to a bill that would extend Israeli law to the occupied West Bank. This move is seen as a step towards annexation, a highly contentious issue as Palestinians claim this land for their future state. The vote took p
This week, two big tech companies, Tesla and Netflix, are sharing their financial results. People are watching Tesla closely because they want to see if the company can keep up its fast car deliveries in the U. S. The Model Y is popular, and the company has been improving how it gets cars to custome
A futuristic gaming hub in Las Vegas has closed its doors after just one year. The Electric Playhouse, a high-tech arcade and dining spot inside a mall at Caesars Palace, filed for bankruptcy. This move came as no surprise, given the venue's struggles with unpaid debts and an impending eviction. Th
Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c
Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul
Hong Kong is gearing up for its big finance event in November. Top bosses from major banks and investment firms are expected to attend. This includes the heads of Goldman Sachs, Morgan Stanley, Citadel, and JPMorgan Chase. The event is set for November 3 to 5, but the final schedule isn't ready yet.
In recent years, the crypto world has faced a tough challenge: getting kicked out of the banking system. This wasn't just a small issue; it was a big problem for many companies, from small startups to big exchanges. They often didn't even get a clear reason why their bank accounts were shut down. T
