Global Payments Leader, SumUp, Acquires U.S. Payments and Marketing platform, Fivestars, for $317 Million
USA finance

Global Payments Leader, SumUp, Acquires U.S. Payments and Marketing platform, Fivestars, for $317 Million

Europe’s leading fintech scales its operations within the U.S. through the acquisition of America’s largest local commerce network SumUp, the London-based global payments service provider with over 2,800 employees across three continents, today announces its acquisition of Fivestars (www.fivestars.com), America’s largest two-sided local commerce network that combines a

Crypto Exchange Gets Refund on $24 Million in Fat-Finger Fees
Cryptocurrency exchanges

Crypto Exchange Gets Refund on $24 Million in Fat-Finger Fees

(Bloomberg) — Most Read from BloombergThe Country That Makes Breakfast for the World Is Plagued by Fire, Frost and DroughtHSBC Bets Big on China as Pressure Mounts in LondonHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureThe Rise of the Pandemic DashboardA cryptocurrency exchange involved in a $100,000 transaction that was mistakenly charged $24 million in fees says the funds are now being returned — a reversal of an epic fat-finger trade on the suppo

Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdown – VNExplorer
Cryptocurrency exchanges

Cryptocurrency exchanges rush to cut ties with Chinese users after fresh crackdown – VNExplorer

FILE PHOTO: Picture illustration of small toy figurines and representations of the Bitcoin virtual currency displayed in front of an image of China’s flag By Samuel Shen and Andrew Galbraith SHANGHAI (Reuters) – Cryptocurrency exchanges and providers of crypto services are scrambling to sever business ties with mainland Chinese clients, …

Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated – Bitcoin News
Bitcoin news

Suex Founder Loses Top Job Over US Sanctions, Major Exchange, Payment Provider Implicated – Bitcoin News

The scandal around sanctioned crypto broker Suex is growing in Russia where one of the co-founders of the OTC platform has been dismissed from his executive post at a bank. Meanwhile, an anti-drug organization has referred the case to the interior ministry and the central bank, asking authorities to investigate Suex’s connections with financial companies and a darknet market operating in the region. Co-Founder of Suex Fired by MTS Bank, Another Quits Job at Chatex Russian entrepreneur and financial executive Vasily Zhabykin, one of the founders of troubled crypto broker Suex, has been released from his managerial role at MTS

The number of people who lost their lives due to Kovid-19 in the US approached 660,000
USA finance

The number of people who lost their lives due to Kovid-19 in the US approached 660,000

According to data compiled by Johns Hopkins University, the number of infected in the US has exceeded 40 million 923 thousand. With the death of 676 people in the last 24 hours from the virus, the total loss of life increased to 659,696. Although California ranked first in the country with more than 4 million …