Tag: FTX

From iconic liveries to memorable, yet farcical characters, Formula One has a rich, colourful, and yet troubled past with sponsors. With global brands such as Marlboro, Vodafone, and Petronas weaving their way into the annuls of the sport’s history, it is no surprise that many FinTechs have tried to do so too. Renowned names, in the form of Visa and Cash App, being the latest, as they penned a controversial deal to rebrand Alpha Tauri under a new guise and moniker: Visa Cash App RB Formula One Team. Ahead of the 2024 season, FinTech Global investigates whether there is any correlation between performance on track – and success in the business world. 

Of the three companies that reached unicorn status in August 2023, two were FinTechs highlighting the continued faith in the sector shown by investors The...

Some of the largest FinTech insolvencies took place in 2022 with Crypto trading companies taking the top spots. Overall 2022 has been a challenging...

SALT Lending, a crypto lending platform, has scored $64.4m in a Series A funding round from a share sale to accredited investors, CoinDesk has reported.

Cryptocurrency brokerage Genesis reportedly owes creditors over $3bn, which is prompting its owner, Digital Currency Group (DCG), to sell assets in its venture portfolio to raise money.

Three US regulators have called on banks to be on their guard against crypto exposure risks in the wake of the FTX collapse.

FTX founder Sam Bankman-Fried has reportedly pleaded not guilty to charges alleging he defrauded customers.

The International Swaps and Derivatives Association (ISDA) is planning to publish its initial set of standards and definitions for the OTC crypto derivatives market...

Cryptocurrency exchanges have been reaffirming the public of their reserves to quench customer fears, as the market reacts to FTX.

Crypto firm FTX has won the auction for the assets of Voyager Digital, a bankrupt crypto lender, for $1.42bn.