Kuda, the London-based and Nigerian-operating startup taking on incumbents in the country with a mobile-first and personalized set of banking services, is expanding to the U.K. by offering a remittance product to Nigerians in the diaspora. The digital bank has seen some success since launching in Nigeria in 2019. Kuda claims to have up to … Read more
Beekeeper, a platform for businesses to engage with frontline workers, has raised $50 million in a Series C round of funding. Founded out of Switzerland in 2011, Beekeeper targets the estimated 80% of the global “deskless” workforce who don’t work from a fixed office-based location, spanning hospitality, retail, manufacturing, logistics, healthcare, among other industries. Beekeeper’s … Read more
Crypto companies say the city’s Virtual Assets Regulatory Authority has promised a regulatory framework before year end.
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The BAYC founders want an NFT creator royalties model that ensures transferring NFTs between wallets remains free and encourages creators to remain within the NFT ecosystem.
Hello folks. It is election day in the U.S., and that was going to be my main focus today, up until about 11:05 a.m. ET anyway. That’s the point when Sam Bankman-Fried announced that his company FTX would enter a “transaction” with Binance, which Binance CEO Changpeng Zhao later clarified was a letter of intent … Read more
The United States-listed Bitcoin miner has produced at least 1,231 Bitcoin since the start of July and has sold none of it to date.
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Investors on PolyMarket think there’s a 45% chance that Binance will pull out of the FTX deal and a 55% chance the deal goes through.
The call for a more detailed disclosure of liquidity through the use of “Proof-of-Reserves” has been backed by many high-profile industry figures.
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CZ took to Twitter on Nov. 8 sharing “two big lessons” that crypto companies should learn amid the downfall of crypto exchange FTX.
Tesla CEO Elon Musk is selling millions of Tesla shares again. The celebrity executive disposed of 19.5 million shares Tuesday, which is worth about $3.95 billion, according to three filings with the U.S. Securities and Exchange Commission. Musk did not take to Twitter to explain why he sold shares, but it’s possible the money will … Read more
Wow! More stock sales | Laura Normand / The Verge Elon Musk has sold another $3.4 billion in Tesla shares, according to a series of forms filed with the Securities and Exchange Commission today. Musk has offloaded almost $20 billion in Tesla shares this year, mostly to finance his $44 billion acquisition of Twitter. Musk … Read more
FTX CEO Sam Bankman-Fried has vanished from the Bloomberg Billionaires Index after his estimated personal wealth plummeted nearly 94% to $991.5 million in a single day.
Multiple crypto investment firms received a “warning” label on lending protocol Clearpool for draining almost the maximum amount of credit from their credit pools.
The U.S. votes for the House and Senate today. Control of the legislature is up for grabs. CoinDesk’s Nikhilesh De, Jesse Hamilton and Cheyenne Ligon will bring you live updates on the crypto market’s reaction and what the results could mean for the industry.
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Before starting Electric Era, Quincy Lee was one of the chief mechanical engineers at Space X. He got bored of doing space stuff when the climate crisis was happening down here on Earth and decided to do something about one of the biggest challenges with the adoption of electric vehicles: Distributed high-speed charging infrastructure. Crappy … Read more