September, 2024

eToro limits crypto trading to only 3 assets, including Bitcoin, after $1.5M SEC settlement
Trading platform eToro will halt trading for most digital assets on its platform following a $1.5 million settlement with the US Securities and Exchange Commission (SEC), according to a Sept. 12 state...

Grayscale’s XRP trust launch ignites 8% increase and ETF speculation
Grayscale has introduced a new crypto investment trust fund for XRP, according to a Sept. 12 statement. Following the news, XRP’s value surged by 8%, reaching a multi-week high of $0.58, according t...

Coinbase CEO Brian Armstrong Says Crypto Payments Will Go the Way of Instant Messaging As Friction Vanishes
Coinbase chief executive Brian Armstrong thinks crypto is the best payment rail option in the world. While speaking at a Goldman Sachs conference this week, Armstrong notes that Base, Coinbase’s lay...

CFPB Fines Navient $120 Million for Student Lending ‘Abuse’
Navient is exiting the federal student loan business as a regulator prepares to fine it $120 million. The company, formerly known as Sallie Mae, was sued in 2017 by the Consumer Financial Protection B...

Sequoia Bets on AI Apps, Nvidia Chips in High Demand, Oracle Cloud Grows
Sequoia Capital, Nvidia and Oracle are all in on artificial intelligence this week. From VC investments in AI applications to skyrocketing demand for AI chips and cloud services, industry leaders are ...

Bump in Jobless Claims Underscores Consumer Caution Around Spending
Although jobless claims newly reported for the past week were only slightly higher, the psychological effect may be one where consumers are more cautious about spending. The U.S. Department of Labor s...

Mastercard Acquires Recorded Future to Bolster Cyber Protections
Mastercard is spending $2.65 billion to acquire threat intelligence company Recorded Future. The deal, announced Thursday (Sept. 12), “bolsters the insights and intelligence used to secure today...

Aligning Payments and Data Operations With Compliance and Cyber Risks
As businesses move online and data becomes a critical asset, organizations must navigate a minefield of potential threats. And with the news Thursday (Sept. 12) that Lehigh Valley Health Network (LVHN...

Holiday eCommerce Sales Projected to Rise Amid Shopping Slowdown
A new report suggests Americans will slow their holiday spending this year compared to 2023. The annual holiday retail forecast from consulting firm Deloitte, released Thursday (Sept. 12), projects...

WhatsApp Business Launches Meta Verified and Customized Messages in India
Meta added new features and programs to the WhatsApp Business app in India to help the country’s businesses use WhatsApp to communicate with their customers. The tech giant shared the news about the...

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