News

Capital One to Acquire Fintech Company Brex for $5.15 Billion

Capital One has announced its acquisition of fintech company Brex for $5.15 billion. This deal aims to enhance Capital One's offerings in the financial technology sector, particularly in serving small and medium-sized businesses. Brex is known for its corporate card and expense management solutions, which will complement Capital One's existing services. The acquisition is expected to close in the first half of 2024, pending regulatory approvals. This move reflects Capital One's strategy to expand its digital banking capabilities and compete more effectively in the fintech space.

Read the full article: Decrypt

South Korea probes loss of seized bitcoin in phishing attack

South Korean authorities are investigating the loss of approximately $1.5 million worth of seized bitcoin due to a phishing attack. The incident involved a police officer who fell victim to a scam, leading to the unauthorized transfer of the cryptocurrency. This breach has raised concerns about the security measures

Coinbase lets users borrow up to $1 million against staked ether without selling

Coinbase has introduced a new feature allowing users to borrow up to $1 million against their staked ether (ETH) without needing to sell it. This service aims to provide liquidity to users who want to leverage their staked assets while still earning staking rewards. The borrowing process is facilitated through

Bitcoin and yen hold steady as Japan's inflation eases and BOJ keeps interest rates unchanged

Bitcoin and the Japanese yen remained stable as Japan reported a decrease in inflation rates, which fell to 2.8% in September, down from 3.2% in August. The Bank of Japan (BOJ) decided to maintain its current interest rates, continuing its accommodative monetary policy. This decision aligns with the

White House Says 'Memes Will Continue' After Allegedly Altering Woman's Arrest Photo

The White House has acknowledged that memes will persist following the alleged alteration of a woman's arrest photo, which sparked controversy online. The altered image, which was shared widely, raised questions about the ethics of manipulating such visuals for comedic purposes. Officials emphasized the importance of free expression

Read more

South Korea probes loss of seized bitcoin in phishing attack

Coinbase lets users borrow up to $1 million against staked ether without selling

Bitcoin and yen hold steady as Japan's inflation eases and BOJ keeps interest rates unchanged

White House Says 'Memes Will Continue' After Allegedly Altering Woman's Arrest Photo