September, 2024

MicroStrategy Goes on Biggest Bitcoin (BTC) Buying Spree Since 2021: Report
Software firm MicroStrategy is reportedly accumulating Bitcoin (BTC) at the highest rate it has since 2021. According to a new report by Bloomberg, MicroStrategy purchased 18,300 Bitcoin for about $1....

Analyst Says Bitcoin To Go ‘Higher Soon,’ Maps Path Forward for Memecoin That’s Up Nearly 700% in Under a Month
A widely followed crypto strategist is turning bullish on Bitcoin (BTC) as the flagship digital asset crosses the $59,000 level. Pseudonymous analyst Kaleo tells his 647,500 followers on the social me...

$197,500,000 To Be Handed To Customers at JPMorgan Chase, Wells Fargo, Bank of America and Other US Lenders in Massive Visa and Mastercard Settlement
Visa and Mastercard are preparing to pay a massive settlement to US bank customers over controversial ATM fees. The sett...

Crypto Asset Management Giant Grayscale Launches New XRP Trust After Axing Product in 2021
The crypto asset management giant Grayscale launched a new XRP Trust after axing a similar product in 2021. The new trust is solely invested in XRP and offers investors a chance at exposure to “a pr...

CellPoint Digital Appoints Payments Head Mark Patrick Chief Revenue Officer
CellPoint Digital appointed Mark Patrick, who had been its global head of payments since 2019, to be its chief revenue officer. Patrick succeeds Greg Worch, who retired, the company said in a Wednesda...

U Mich Survey Shows 40% Consumer Sentiment Uptick Since June 2022
There was a slight improvement in consumer sentiment this month, as inflation’s heady pace ticked lower. But while the University of Michigan’s preliminary reading for the month showed the consume...

World Labs Raises $230 Million to Build Spatially Intelligent AI
World Labs, a newly formed company, said Friday (Sept. 13) that it has raised $230 million to build large world models (LWMs) that “perceive, generate and interact with the 3D world.” “We aim to...

This Week in AI: OpenAI and Apple Roll Out New Products
Artificial intelligence (AI) is reconfiguring industries worldwide, from Apple’s new iPhone 16 with “Apple Intelligence” to OpenAI’s advanced “o1” reasoning models. As AI capabilities grow...

Nirvana Raises $24.2 Million to Expand Health Insurance Verification Platform
Nirvana has raised $24.2 million in a Series A funding round to add more specialties to its platform that provides insurance verification and cost estimates to both healthcare providers and their pati...

Report: Revolut Seeks to Expand Into UAE and Saudi Arabia
Revolut is reportedly looking to expand its business into Gulf Cooperation Council (GCC)-member countries. The British FinTech has submitted applications to become an electronic-money institution and...

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September, 2024

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