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News (444)

MX, Planning Big Moves, Names Evans As CEO

As fintech start-up MX has begun making preparations for either sale or IPO, the company named Shane Evans interim CEO. So reports CNBC.

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Planned Nagax Platform Set to Offer 'Unique Web3 Social Trading Experience'

Naga, a publicly traded fintech based out of Germany, is planning to launch a “social trading platform” sometime this year. So reports Coindesk.

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Seattle Fintech Taking on Banks Boasts Some Big Backers

Seattle startup Seashell recently enjoyed a $6 million seed funding round with some notable names behind it. So reports GeekWire.

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FTFTX Rollout Set to Deliver Round-the-Clock Crypto Market Data for Investors

FTFT Capital Investments, a subsidiary of the blockchain e-commerce firm Future FinTech Group, formally rolled out its new market data platform aimed at providing top-tier, reliable crypto data and aggregate trading information gleaned from other exchanges.

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BTCS Shareholders Can Now Take Their Dividend in BTC

Blockchain tech firm BTCS will offer bitcoin dividends for investors interested in the cryptocurrency. So reports Cointelegraph.

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NASCAR Walks Back Sponsorship Approval of 'Let's Go Brandon' Meme Coin

Brandonbilt Motorsports was denied a sponsorship deal with the newly minted LGBcoin.io. So reports Speed Sport.

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Stripe Ramps Up Operations Ahead of Israeli Launch

U.S.-based fintech Stripe is preparing for its Israeli launch as it opened its sales and support operations in the Middle Eastern nation. So reports PYMNTS.

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Crypto Thieves Rip Off Investors to the Tune of Almost $8B in 2021: Analysis

A new report from blockchain data company Chainalysis found cryptocurrency scammers took more than $7.7 billion worth of assets from victims in 2021. So reports Yahoo!.

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Minko Seed Round Sets It Up to Grow Ops In India

Fintech startup Minko landed $1.5 million in seed-funds to grow its India-based operations. So reports the Business Standard.

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CFPB Sanctions LendUp for Repeated Violations, Orders $100K Fine

The U.S. Consumer Financial Protection Bureau (CFPB) issued a $100,000 penalty to LendUp Loans after citing it for “repeated deceptive marketing and other fair-lending violations.” So reports Reuters.

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