Payments Card Issuer Infini Offers Reward for Return of Funds After $49 Million Exploit
The neobank offered the perpetrator 20% of the stolen funds to return the money within 48 hours, threatening legal action otherwise.
Fintech
European Payments Giant Klarna Says It Will Look To Integrate Crypto
The “buy now, pay later” company is backed by venture capital firm, Sequoia Capital, which has a 22% stake.
VanEck to Invest in Early Stage Ventures Including Crypto With New $30M Fund
Global investment management firm VanEck is expanding its venture capital presence with the launch of a new fund focused on fintech, digital asset or artificial intelligence (AI) companies in pre-seed or seed stages, it announced Wednesday.
Crypto-Friendly Bank Revolut Plans to Sell $500M of Employee Shares at $45B Valuation: WSJ
Revolut has been in talks with investment firm Greenoaks over the deal, which would pave the way for a potential IPO.
The Catch-22 of U.S. Crypto Regulation
The SEC is asking crypto and fintech firms to do the impossible. Only Congress can stop that.