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Crypto Lender Amber Group Shifts Focus Towards Institutional Business, May Shut Down Retail Operations
Monday, April 17, 2023 - 11:34am | 437Cryptocurrency lender Amber Group is considering options for its Japanese unit, which may include a possible sale, according to Managing Partner Annabelle Huang. Huang revealed the firm's evaluation of the Japan operation is part of a strategic decision to shift its focus...
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Crypto Trading Firm Amber Group Raises $300M In Series C Funding Amid Crypto Slump
Friday, December 16, 2022 - 1:43pm | 480Amid a crypto market slump exacerbated by the collapse of FTX (CRYPTO: FTT) and the subsequent arrest of its founder Sam Bankman-Fried, crypto trading firm Amber Group on Friday announced it had modified its fundraising strategy and raised $300 million in a Series C raise. Fenbushi Capital U.S...
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Billionaire Mike Novogratz Takes Another Hit: First Luna, Now FTX Is Costing His Crypto Firm Millions
Wednesday, November 9, 2022 - 4:19pm | 828In a startling revelation amid the fiasco surrounding FTX, Galaxy Digital Holdings Ltd (OTC: BRPHF) revealed it has a $76.8 million exposure to the beleaguered cryptocurrency exchange, out of which $47.5 million is currently being withdrawn. It already hasn't been a great 2022 for...
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Fintech Focus For June 22, 2021
Monday, June 21, 2021 - 7:39pm | 2461Quote To Start The Day: "When we strive to become better than we are, everything around us becomes better too.” Source: Paulo Coelho One Big Thing In Fintech: Uphold, a fintech providing investors single-wallet access to cryptocurrencies, fractional U.S. equities, commodities, carbon...
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Fintech Focus For June 21, 2021
Sunday, June 20, 2021 - 11:23pm | 2057Quote To Start The Day: "We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful.” Source: Warren Buffett One Big Thing In Fintech: Successive hearings before the U.S. Senate and House of Representatives have focused national attention on...
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What Should Bitcoin Investors Do With The Recent Price Crash? Strategist Says There Really Is Just One Good Option
Wednesday, June 2, 2021 - 1:36am | 354Following the recent crash in the price of Bitcoin (BTC), a cryptocurrency expert believes that investors have only one good option — that of staying long in the apex cryptocurrency. What Happened: “From here on out, you are going to have to be a bit more discerning, kind of find...
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Fintech Focus For May 4, 2021
Monday, May 3, 2021 - 6:06pm | 1568Quote To Start The Day: Life is what happens to us while we are making other plans. Source: Allen Saunders One Big Thing In Fintech: Affirm, a leader in payments, recently announced it would acquire Returnly, a return and post-purchase payments solution, for $300 million. Benzinga spoke...
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Fintech Focus For January 7, 2021
Wednesday, January 6, 2021 - 7:34pm | 1483Quote To Start The Day: Don’t try to beat the competitors at their own game. You have to invent a new game — and master it. Source: Reid Hoffman One Big Thing In Fintech: The COVID-19 crisis has put pressure on banks to improve their digital offering as lockdowns have forced customers...