Author : PR Newswire

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Financial Pressures Intensify: A Dual Challenge of Shrinking Savings and Escalating Credit Card Debt

PR Newswire
In a disconcerting revelation, the latest anonymized user data from Planswell unveils a dual challenge facing Americans across all income groups: a marked decrease in average monthly savings and a simultaneous rise in credit card debt. The user data, comparing 2022 to 2023, not only uncovers the strain on household finances,......

Dave Announces Repurchase of $100 Million Convertible Note from FTX for $71 Million

PR Newswire
Dave, one of the nation’s leading neobanks, announced it has reached an agreement with FTX Ventures Ltd. (“FTX”) to purchase a convertible promissory note that it previously issued to FTX in the original principal amount of $100 million, for a discounted purchase price of $71 million. FTX filed a motion in......

CoinEx Updates Asset Reserve Ratio to Further Boost Platform Transparency and Fully Safeguard User Asset Security

PR Newswire
Reiterating its dedication to transparency and security, CoinEx, a prominent crypto exchange, adjusted its asset reserve ratio on December 26, 2023. This update is designed to enhance user confidence and assurance in the protection of their funds on CoinEx. Prioritizing user asset security, CoinEx underscores a commitment to uphold the highest security standards and......

Bybit Web3 Unveils Comprehensive Guide to Navigating the Crypto Wallet Landscape

PR Newswire
Bybit, the world’s third largest crypto exchange by volume, proudly unveils an in-depth study that navigates the complex landscape of cryptocurrency wallets, focusing on the user’s perspective. As the crypto industry continues to mature, our study sheds light on the development cycle, types, future prospects, key factors for selection, and......

SALT and Kraken Partner to Launch Wyoming Blockchain Symposium

PR Newswire
Exclusive event will convene prominent leaders and decision makers in blockchain and digital assets industries SALT, a premier global investment forum, and Kraken, one of the world’s oldest and most trusted crypto platforms, announced the inaugural Wyoming Blockchain Symposium, taking place August 19-22 at the Four Seasons Resort and Residences in Jackson Hole. The invitation-only......

Dow Credit Union Distributes $19.2 Million To Members As Part of Annual Giveback Program

PR Newswire
Dow Credit Union has announced it is paying out $19.2 million to eligible members as part of its annual Member Giveback program for 2023. This is the 43rd consecutive year Dow Credit Union, the largest financial institution headquartered in the Great Lakes Bay region, has returned a portion of its earnings to......

BGL Announces the Recapitalization of American Pain Consortium by Cresset Partners, Cedar Pine, and American Discovery Capital

PR Newswire
Brown Gibbons Lang & Company (BGL) is pleased to announce the recapitalization of American Pain Consortium (APC) by Cresset Partners, Cedar Pine, and American Discovery Capital. BGL’s Healthcare & Life Sciences investment banking team served as the exclusive financial advisor to APC in the transaction. The specific terms of the transaction were not disclosed. The transaction......

Knownwell Secures $2 Million in Pre-seed Round Funding to Develop Intelligent Enterprise Operating System for Professional Services

PR Newswire
AIaaS platform company will use investment to build an AI-powered platform that helps executives drive client-driven operations and high-level execution Knownwell, a pioneering AIaaS (Artificial Intelligence as a Service) platform company, is proud to announce the successful closure of a $2 million pre-seed round. This funding marks a significant milestone in Knownwell’s......

Tradingview and Devexperts Establish the Dxtrade Backend Integration to Support Broker Partners

PR Newswire
This partnership opens new opportunities for brokers licensing DXtrade to expand their client base by letting them sign up and trade directly on the TradingView platform TradingView and Devexperts officially announce the facilitation of a direct trading integration process to deliver enhanced services to mutual broker partners. This collaboration allows Devexperts’......

Wirex Launches Innovative Strategy to Tackle Dark Web and Mule Account Risks

PR Newswire
Wirex, a leading Web3 money platform, announced a significant enhancement in its measures to combat Dark Web activities and money mule threats. The company has seamlessly incorporated ZeroFox’s cutting-edge Dark Web Monitoring tool into its system, creating a unified solution. This way, a combination of human and artificial intelligence actively......
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