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Finance News — Page 208

Fintech startup Parker files for bankruptcy

Fintech startup Parker files for bankruptcy

Fintech startup Parker, once touted for its $200 M‑funded e‑commerce credit card and $65 M in revenue, filed for Chapter 7 bankruptcy on May 7, listing $50‑$100 M in assets and liabilities and up to 1

TechCrunch · 3mo ago
Hughes pushes CLARITY Act as Senate to markup bill

Hughes pushes CLARITY Act as Senate to markup bill

Attorney Hughes says the CLARITY Act could finally end regulatory uncertainty for U.S. crypto firms and spur domestic development, but the bill faces a tight deadline before the August Senate recess a

Cointelegraph · 3mo ago
Nobitex: Iran's $5B Exchange Not on OFAC Sanctions List

Nobitex: Iran's $5B Exchange Not on OFAC Sanctions List

Iran's dominant cryptocurrency exchange Nobitex, which serves roughly 11 million Iranians and has been linked to central bank sanctions evasion and proxy financing, continues operating without being a

Cointelegraph · 3mo ago
Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media’s Q1 loss widens to $406 million on bitcoin, CRO markdowns

Trump Media & Technology Group posted a $406 million Q1 net loss, driven by a $244 million unrealized plunge in its Bitcoin holdings and a $108 million equity hit. The loss comes as Bitcoin trades nea

CoinDesk · 3mo ago
Project Eleven warns $3 trillion in crypto at risk by 2030‑2033

Project Eleven warns $3 trillion in crypto at risk by 2030‑2033

Project Eleven’s new 110‑page report warns that quantum computers could break the elliptic‑curve cryptography protecting over $3 trillion in digital assets—including Bitcoin—by 2030‑2033, and that a d

CoinDesk · 3mo ago
Binance: 77% of Users from Emerging Markets Use Crypto

Binance: 77% of Users from Emerging Markets Use Crypto

Binance’s 2026 research shows that emerging‑market users now make up 77% of its base and treat the exchange like a shadow bank, using stablecoins for savings, payments and cheap cross‑border remittanc

CoinDesk · 3mo ago
Swiss campaigners drop Bitcoin reserve bid over

Swiss campaigners drop Bitcoin reserve bid over

Swiss campaigners abandoned their push to force the Swiss National Bank to hold bitcoin after gathering only roughly half of the 100,000 signatures needed for a constitutional amendment. The effort, w

CoinDesk · 3mo ago
Nvidia has already committed $40B to equity AI deals this year

Nvidia has already committed $40B to equity AI deals this year

Nvidia is pouring unprecedented capital into the AI ecosystem, with more than $40 billion in equity deals this year — $30 billion of which is a single bet on OpenAI. The chipmaker also announced multi

TechCrunch · 3mo ago
TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

TeraWulf doubles AI revenue but posts $427M quarterly loss as mining income declines

Riot Platforms posted $167.2 million revenue in Q1 2026, with its new AI data‑center business delivering $33.2 million and cushioning a sharp drop in Bitcoin mining earnings. The broader crypto‑mining

Cointelegraph · 3mo ago
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Inspire Brands files confidential IPO for Dunkin'

Atlanta‑based Inspire Brands, the parent of Dunkin' and Arby’s, has confidentially filed for an initial public offering, opening the door for Dunkin' to re‑enter the public markets. The filing was rep

Google News Business · 3mo ago
FD: ₹17.14 Lakh Needed for ₹10,000 Monthly Interest

FD: ₹17.14 Lakh Needed for ₹10,000 Monthly Interest

Investors seeking ₹10,000 in monthly FD interest need to calculate the principal based on prevailing bank rates, with major Indian banks offering 6–7.25% annually and tax implications that vary by dep

Mint · 3mo ago
Mumbai banker Yash Verma reveals ₹1.3 L monthly expenses

Mumbai banker Yash Verma reveals ₹1.3 L monthly expenses

Mumbai investment banker Yash Verma disclosed a ₹1.3 lakh monthly expense sheet, exposing the steep cost of living and long work hours that fuel the city’s “Mumbai Tax” debate and the hidden financial

Mint · 3mo ago
Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

Bitcoin stalls as BTC ETF outflows hit $268M: Will new Fed chair restore the rally?

While the S&P 500 rides record highs, Bitcoin has stalled near $80,000 after a rejection at $82,500, with spot ETFs dumping $268 million and leveraged futures liquidating $270 million. Retail crypto r

Cointelegraph · 3mo ago
Inspire Brands Files Confidential US IPO

Inspire Brands Files Confidential US IPO

Atlanta‑based Inspire Brands, the owner of Arby’s and Dunkin’, has quietly filed a confidential registration statement to launch a U.S. IPO. Multiple outlets report the move marks the company’s return

Google News Business · 3mo ago
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What a stronger than expected jobs report tells us about the state of the economy - PBS

A stronger‑than‑expected jobs report shows hiring is robust across the economy, even as office‑space demand stays weak. The upbeat labor data narrows the Federal Reserve’s case for future rate cuts, w

Google News Business · 3mo ago
Coinbase Says CLARITY Act Markup Expected Next Week

Coinbase Says CLARITY Act Markup Expected Next Week

A bipartisan compromise on stablecoin yields is fast‑tracking the CLARITY Act through Congress, with crypto‑industry leaders like Coinbase urging a committee markup and the White House targeting a Jul

Cointelegraph · 3mo ago
Banks Push to Close Stablecoin Yield Loopholes

Banks Push to Close Stablecoin Yield Loopholes

Banking trade groups warned that the Clarity Act’s draft stablecoin‑yield rules leave loopholes that could let crypto firms sidestep restrictions and draw deposits away from traditional banks. Senator

Decrypt · 3mo ago
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Inspire Brands Confidentially Files IPO

Inspire Brands, the holding company behind Dunkin’ and Arby’s, has quietly filed a confidential registration to go public, a move reported by major business outlets. The filing shows the fast‑food con

Google News Business · 3mo ago
Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Coinbase rebounds as altcoins surge with bitcoin holding above $80,000

Crypto markets surged as Bitcoin held above $80,000, lifting altcoins and driving crypto‑related stocks like Coinbase up 10% despite a quarterly loss. The rally was bolstered by SEC Chair Paul Atkins’

CoinDesk · 3mo ago
U.S. payrolls jump more than expected, but the report had several red flags for the economy

U.S. payrolls jump more than expected, but the report had several red flags for the economy

April’s jobs report showed the U.S. added 115,000 non‑farm positions, keeping the unemployment rate steady at 4.3%, but wage growth slowed and labor‑force participation slipped to its lowest level sin

CNBC · 3mo ago

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