This week, 11 different crypto startups received funding, totaling an estimated $227 million. This represents a slight increase from the previous week, during which companies secured $190 million. Ledger, a cryptocurrency hardware company, secured the largest amount of funding, raising $109 million in its series C round from investors, including 10T, CapHorn Invest, Morgan Creek […]
Jordan Belfort, a former Wall Street stockbroker, remains a prominent figure in the finance industry. Despite his past legal troubles for fraud, Belfort, commonly known as the “Wolf of Wall Street,” has persisted in engaging in different ventures, accumulating a substantial fortune worth millions of dollars. In particular, inroads in various high-earning and investment products […]
Dubai’s property market is transforming as crypto millionaires, bankers from Asia, and wealthy Russians seeking to shield assets move in. Data shows that the influx of these high-net-worth individuals has driven up rental costs, fees for private schools, groceries, transportation, and housing. According to a recent Bloomberg finding, a couple was sent packing after being […]
A fortnight after the newly appointed Silicon Valley Bank (SVB) chief executive officer (CEO) cheered customers to return funds to the bank, the Federal Deposit Insurance Corporation (FDIC) has reportedly sent emails informing customers that their funds were in receivership. Mayopolous woos depositors Developments emanating from the embattled SVB, after Mayopolous’ advice, have shocked depositors […]
Latest reports revealed that the DeFi-powered crypto fintech, SavingBlocks’ application for a corporate account has been denied by seven banking service providers in London, posing a challenge to the country’s dream to establish a global crypto hub. Reportedly, SavingBlocks, the crypto company owning more than 200 customers, has contacted nine banking service providers for attaining […]