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News (534)

Saylor Maintains Bull Status Despite Crypto Collapse

Michael Saylor, CEO of MicroStrategy and well-known Bitcoin bull, has doubled down on his support for the troubled coin even as its price continues to plummet. So reports Fortune.

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Wealthsimple Points to Market Downturn As It Lays Off 13% Of Staff

Wealthsimple will join a host of other fintechs downsizing their operations and will lay off 159 employees. So reports TechCrunch.

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Faux-German Heiress Anna Sorokin Launches NFT Line

Anna Sorokin, who was convicted of fraud for bilking hotels and banks out of hundreds of thousands of dollars, minted 10 NFTs aimed at allowing holders “exclusive access” to her. So reports NBC News.

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Saïd Business School to Offer HSBC Fintech Training Course

HSBC employees are being offered fintech training through the University of Oxford’s Saïd Business School in an effort to help the bank keep up with an evolving fintech landscape. So reports Computer Weekly

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MFS Africa to Buy U.S. Fintech As It Pushes Deeper Into Nascent Space

Digital payments company MFS Africa will acquire U.S.-based Global Technology Partners. So reports The Financial Times.

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IRA Financial Trust Hits Gemini with Lawsuit Over Security Flaws

IRA Financial Trust is suing the Gemini crypto exchange for its alleged failure to protect customers. So reports The Verge.

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PayPal Allows Off-platform Transfers After Users Push for Changes

PayPal users will be able to move cryptocurrency off-platform thanks to customer demand for the feature. So reports TechCrunch.

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Terra’s Do Kwon Accused of Tax Fraud in S. Korea

Terra founder Do Kwon has been ordered by South Korea’s National Tax Service to pay $78 million/$100 billion won in tax penalties. So reports Benzinga

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Riot Blockchain CFO to Retire

CFO of Riot Blockchain Jeff McGonegal announced his plans to retire from the post. So reports Market Watch.

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NYC Real Estate Market Enjoying Boon from Crypto Market

Despite challenges in the cryptocurrency space, the commercial retail space in New York City is thriving. So reports The New York Times.

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