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FDIC’s Deposit Insurance Fund Reserve Ratio Exceeds Statutory Minimum for Second Consecutive Quarter
The Federal Deposit Insurance Corporation’s Deposit Insurance Fund (DIF) reserve ratio increased four basis points to reach 1.40% in the third quarter. The fund’s balance increased by $...
HSBC Says OpenAI Could Need $207 Billion of New Financing for Compute Costs
OpenAI could need $207 billion in new financing by 2030 to gain the compute capacity it is seeking, Seeking Alpha reported Monday (Nov. 24), citing analysts from HSBC Global Investment Research. ...
Solana’s supply crunch deepens as 80% of holders sit underwater, setting the stage for a high-stakes reset
Solana is facing a market structure crisis, as the vast majority of its investors are underwater. This comes at a time when the blockchain has successfully courted Wall Street through spot Exchange-Tr...
JPMorgan upgrades Cipher and CleanSpark, trims MARA and Riot targets in bitcoin miner reset
JPM's update leans on miners’ ability to convert power assets into long-term HPC revenue, with several expected to flip capacity by 2026....
Upbit Considers IPO on Nasdaq Upon Completion of Merger With Naver
South Korean cryptocurrency exchange Upbit is reportedly considering launching an initial public offering on Nasdaq once it completes a merger with South Korean internet firm Naver. CoinDes...
Former tribal gaming manager sentenced for multimillion-dollar theft and federal tax fraud
A former manager for a tribal gaming company has been sentenced after pleading guilt to theft and tax fraud. 36-year-old...
Green Dot Sells Bank and Embedded Finance Units to New Owners
Banking FinTech Green Dot’s businesses now have new owners, according to a Monday (Nov. 24) news release. Smith Ventures, a private equity company, is set to acquire and privatize Green D...
Model ML Raises $75 Million for Workflow Automation Platform
Model ML has raised $75 million for its financial-services-focused artificial intelligence (AI) workflow automation platform. The company says this new funding, announced in a Monday (No...
Searching for 10x Cryptocurrency? This Cheap Crypto Is About to Deliver Massive Multipliers This Year
The post Searching for 10x Cryptocurrency? This Cheap Crypto Is About to Deliver Massive Multipliers This Year appeared first on Coinpedia Fintech News Every market cycle has a handful of projects th...
Thailand’s Bitkub Eyes $200 Million Initial Public Offering (IPO) In Hong Kong
Bitkub, Thailand’s top cryptocurrency exchange, is considering a $200 million initial public offering in Hong Kong as early as 2026. This strategic shift highlights both the challenges facing Tha...
Newswire > Tag: revenue
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