Fintech - Spark Newswire

1 minute read

DeFi Protocol Vee Finance Hacked For Over $35M, Falls By 50%

Today, 8:22 PM

Decentralized finance (DeFi) protocol Vee Finance (CRYPTO: VEE) saw hackers siphon out over $35 million in digital assets from its wallets just a few days after launching on the Avalanche (CRYPTO: AVAX) blockchain.

$AVAX

1 minute read

PayPal Doubles Down On Crypto With New App

By Adrian Zmudzinski

Today, 8:22 PM

Financial technology behemoth PayPal (NASDAQ: PYPL) has released a new application rich in cryptocurrency features. See Also: How to Buy Bitcoin with PayPal Right Now

BTC

1 minute read

Multi-Asset Investment Platform eToro Adds Michael Ptasznik To Board Ahead Of Listing

By Renato Capelj

Today, 8:22 PM

What Happened: eToro, a multi-asset investment platform, has appointed Michael Ptasznik to its Board of Directors.

FTCV

3 minute read

A Contrarian Bet On China: Why China’s Crackdowns On Big Tech And Other Sectors Shouldn’t Scare Off Investors Entirely

By David Pinsen

Today, 8:22 PM

A copyright-free photo of Shanghai at night. An Inauspicious Time To Invest In China? When a Chinese stock appeared among our top names on Friday, we thought of the many recent new articles arguing this is an inauspicious time to invest in China. Consider a few of them: China's Tech Crackdown (Time Magazine):

ACH

3 minute read

EV Battery-grade Nickel, The Automotive Industry Conundrum

By ValueWalk

Today, 8:22 PM

According to an RBC Capital Markets report, nickel price rose to a 7-year high given the stinging growth in stainless steel demand –particularly that of mills. Week-on-week price starting September for the precious metal jumped 1.5% to $9.04 a pound, while exchange inventories dropped 3.4%.

5 minute read

Solid Earnings, Modest Buyback Fail to Boost Drug Seller 111 Inc.

By The Bamboo Works

Today, 8:22 PM

Key takeaways: 111’s revenue grew 87% in second quarter, generally outpacing its peers, as it aims to more than double its fulfillment capacity this year Company’s shares now trade around $6.50, well off a $23 high reached in February, as investors worry about regulatory wave for broader tech sector By Mia Shanley

ALBHF

2 minute read

Fintech
News

Aptinyx Reports Secured $50M Growth Capital Credit Facility From K2 HealthVentures

By Benzinga Newsdesk

Today, 8:22 PM

Aptinyx Inc. (NASDAQ:APTX), a clinical-stage biopharmaceutical company developing transformative therapies for the treatment of brain and nervous system disorders, today announced that it has entered into a $50 million loan facility and security agreement with K2 HealthVentures (K2HV).

APTX

4 minute read

2021 Is a Year of Expansion for Rising OTC Star iQSTEL Inc.

By Austin Willson

Today, 8:22 PM

Blockchain, telecom, electric vehicles, the Internet of Things (IoT), and fintech. You might think this is a list of the most popular sectors to be involved in this decade — and you’d be both right and wrong.

IQST

2 minute read

MoneyLion Unlocks Access To Cryptocurrency Trading

By Renato Capelj

Today, 8:22 PM

MoneyLion, a financial wellness platform, formally announced the launch of cryptocurrency investing ahead of its plans to go public through special purpose acquisition company Fusion Acquisition Corporation (NYSE: FUSE), later this month.

FUSE

2 minute read

Interactive Brokers Launches Cryptocurrency Trading, Custody Via Paxos

By Renato Capelj

Today, 8:22 PM

Interactive Brokers Group Inc (NASDAQ: IBKR), a deep-discount electronic access broker for online equity, options, futures and forex trading, announced the launch of cryptocurrency trading.

IBKR