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CoinDesk Parent DCG Sells Prized Crypto Funds At Steep Discount To Raise Capital
Tuesday, February 7, 2023 - 10:37am | 415Crypto company Digital Currency Group (DCG) is selling stakes in some of its investment funds at a steep discount to raise capital, as it tries to pay back creditors of its bankrupt lending unit Genesis, Financial Times reported, citing U.S. securities filings. The sale of the shares in several of...
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Fintech Focus For April 21, 2021
Tuesday, April 20, 2021 - 8:53pm | 2737Quote To Start The Day: In order to be irreplaceable one must always be different. Source: Coco Chanel One Big Thing In Fintech: The rise of fintech innovation and demand for online banking tools amid the pandemic has propelled Latin America to undergo a digital transformation. Large banks in the...
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Fintech Focus For February 11, 2021
Wednesday, February 10, 2021 - 8:07pm | 2014Quote To Start The Day: “Gamification is controversial; in some ways, it’s a good thing because you’re lowering the barrier to entry, and making people more motivated to participate in something that’s perceived as a game.” “But, it can be dangerous. If you...
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What's Cooking At Snapchat As It Prepares For Its IPO?
Thursday, December 22, 2016 - 4:26pm | 613Snap Inc., formerly known as Snapchat, confidentially filed for an IPO ahead of the presidential elections, valuing the company at roughly $25 billion. Now that the news has broken, here's a look at the company, its products and what has transpired since the reports of the IPO filing. Making A...