Albuquerque city council has passed an ordinance banning cryptocurrency ATMs due to a reported 90% fraud rate in transactions at these kiosks. Operators have 45 days to remove their machines, aiming to protect consumers, especially the elderly, from scams that led to millions in losses in New Mexico and nationwide. The ban targets physical crypto kiosks only, not personal crypto ownership or online trading. This move reflects a growing trend among US cities to regulate crypto ATM fraud more strictly.
SpaceX stock has fluctuated since its IPO, with prices hovering between the initial offering and day-one levels. A $1,000 investment at IPO would have modestly increased or decreased depending on the exact purchase timing. The upcoming Starship Fligh...
Renalytix PLC's stock rose 7% to 6p following disclosures that UBS increased its voting rights stake to 6.62% from 5.17%. Additionally, CEO James McCullough purchased 340 American Depositary Shares, equivalent to 17,000 ordinary shares, raising his t...
State Street Corporation reported strong Q2 results driven by a 70% year-over-year increase in earnings per share (EPS), supported by over 20% growth in assets under management (AUM) and robust non-interest income. The company raised its full-year gu...
Cryptocurrency markets experienced varied price changes, with Bitcoin falling 1.13% to $77,079 and Ethereum nearly flat at $2,466.79. Several altcoins like Nearest (NEAR) and Morpho saw gains of 3.48% and 3.73% respectively, while others like Zcash (...
Nu Holdings, the fintech behind Nubank, has launched Nu Global, a multi-currency digital account that converts deposits into USDC and EURC stablecoins. This launch marks Nu's entry into the US market and supports over 140 million customers with fee-f...
