News (746)

95% Of NFTs Completely Worthless: Report

A new report from dappGambl says 95% of the NFTs included in the study are effectively worthless. So reports Markets Insider.


Vero Technologies Closes Funding Round On Back Of BankTech Ventures Injection

Vero Technologies, a loan servicing and financial tech platform, raised $8.5 million in a Series A round. So reports FinTech Magazine.


PYPL Gets Downgraded As Cramer Looks To Financial Establishment

MoffettNathanson analysts downgraded fintech PayPal from $85 to $75 as forecasters pointed out its sluggish profits. So reports CNBC


Startale Labs, Sony Aim High with Ambitious Web3 Initiative

Web3 developer Startale Labs and Sony Network Communications have entered a lofty new blockchain collaboration aiming “to be the backbone of the web3 world.” So reports Crypto Briefing.


$53M in CoinEX Operating Assets Targeted in Cyber Attack

CoinEX, a global crypto exchange, announced its hot wallets were hacked on Tuesday, Sept. 12, leading to large amounts of ETH and other digital assets being stolen. So reports Bleeping Computer


Fintech Taurus Teams up with Deutsche Bank On Digital Wallet, Tokenization Services

Swiss fintech Taurus has entered a partnership agreement with Deutsche Bank to offer digital asset custody for its customers. So reports Decrypt.


Justin Bieber To Offer Royalty-earning NFTs with New Song Release

Justin Bieber is offering royalties to 2,000 fans who purchase NFT versions of his new song. So reports BeInCrypto.


Crypto Millionaires Are A Tiny Fraction Of World’s Total Millionaires: Report

A recently published study by London-based Henley & Partners investment migration consultancy firm found that of the world’s more than 56 million millionaires, 88,200 of them made their money through cryptocurrency. So reports


Reserve Bank of India Governor: Fintech SRO Could Create Win-win for Central Bank, Firms

Reserve Bank of India Governor Shaktikanta Das encouraged fintech firms to develop a “self-regulatory body” that addresses their specific needs. So reports Reuters


NEC Develops Fintech Arm As Japan Seeks to Bolster Asset Income

NEC, a Japanese electronics company, acquired a majority stake in fintech firm Japan Asset Management as it looks to develop its financial advisory arm. So reports Nikkei Asia.


Visit other PMG Sites:

PMG360 is committed to protecting the privacy of the personal data we collect from our subscribers/agents/customers/exhibitors and sponsors. On May 25th, the European's GDPR policy will be enforced. Nothing is changing about your current settings or how your information is processed, however, we have made a few changes. We have updated our Privacy Policy and Cookie Policy to make it easier for you to understand what information we collect, how and why we collect it.