Monday, November 4, 2024
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Figure Technologies Abandons Quest to be U.S. Chartered Crypto Bank After Three-Year OCC Fight

“Had Figure not withdrawn its application, both law and common sense would have dictated that regulators reject it,” said Jesse Van Tol, president and CEO of the National Community Reinvestment Coalition, in a statement that accused the company of making insufficient plans to meet a bank’s customary obligations under the

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$62M crypto stolen in Dec was the ‘lowest monthly figure’ in 2022: CertiK

Cryptocurrency hackers and exploiters seemingly slowed down for the 2022 holidays as December saw $62.2 million worth of cryptocurrencies stolen, the “lowest monthly figure” of the year according to CertiK.The blockchain security company tweeted a list of the month's most significant attacks on Dec. 31. It highlighted the $15.5 million

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US national figure skating body adopts Bitcoin donations

The United States national governing body for the sport of figure skating, the U.S. Figure Skating, is the latest organization in the country to enable donations in cryptocurrencies like Bitcoin (BTC).The association has partnered with the enterprise-level donation platform Engiven in order to start accepting donations and gifts in cryptocurrency,

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Blockchain Mortgage Platform Figure Launches SPAC to Raise $250M

Michael Cagney, the founder of blockchain lending startup Figure Technologies, wants to set up a special purpose acquisition company (SPAC), it announced in a regulatory filing Thursday.The blank-check firm seeks to raise $250 million, according to the prospectus filed with the U.S. Securities and Exchange Commission (SEC), and will be

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