DeFi in turmoil as eye-popping yields prove too good to be true
The notion that the cryptocurrency industry has near-magical powers to pay out yields that dwarf those found in the traditional financial world...
PayPal mounts crypto offensive after New York grants a full license
PayPal Holdings Inc. will let users transfer certain cryptocurrencies to other customers, exchanges and external wallets, a new service that’s...
Citigroup plans to hire 4,000 tech staff to tap into ‘digital explosion’
Citigroup Inc. plans to hire more than 4,000 tech staff to help move its institutional clients online in the wake...
Fidelity slashes Reddit, Stripe valuations after tech rout
Fidelity Investments cut valuations for several closely held technology companies, including social media platform Reddit and payment software provider Stripe....
Broadcom to buy VMware for $61 billion in record tech deal
Broadcom Inc. agreed to buy cloud-computing company VMware Inc. for about $61 billion in one of the largest technology deals...
Cryptocurrencies being used by fraudsters, Starling boss says
Bitcoin and cryptocurrencies present several challenges for investors and banks, including their use by criminals, according to Anne Boden, chief...
Revolut’s $33B bank app hits a roadblock in Britain
Nikolay Storonsky, once a championship swimmer in his native Russia, doesn’t like to hang around in the slow lane. His...
Apple hit with EU antitrust complaint over iPhone payments
Apple Inc. was hit by a formal antitrust complaint from the European Union over how it handles iPhone payment services,...
Trudeau’s Tory rival vows to ban Bank of Canada digital currency
The front-runner in the race to lead Canada’s main opposition Conservative Party took aim at the Bank of Canada by...
TD seeks to tap growing Florida tech-talent base with 200 hires
Toronto-Dominion Bank is looking to hire 200 technology workers at its office in Fort Lauderdale, Florida, to take advantage of...
