'CryptoPunk' NFT sells for $11.8 million at Sotheby's
LONDON (Reuters) -A non-fungible token (NFT) of a digital artwork called a "CryptoPunk" sold for $11.8 million on Thursday, auction house Sotheby's said.
Fintech Headlines
Bitcoin down almost 50% from year's high
(Reuters) -Bitcoin fell 13% on Sunday after the world's biggest and best-known cryptocurrency suffered another sell-off that left it down nearly 50% from the year's high.
Bitcoin falls 8.9% to $34,156
Bitcoin fell by 8.9% to $34,156 at 1000 GMT on Sunday, losing $3,344.54 from its previous close.
Bitcoin price lower after Musk tweet
The price of Bitcoin traded below $45,000 on Sunday after a tweet by Tesla CEO Elon Musk, an outspoken supporter of cryptocurrency, suggested Tesla may be considering or may have sold off its bitcoin holdings.
Dogecoin loses third of price after Elon Musk calls it a 'hustle' on 'SNL'
NEW YORK (Reuters) -Dogecoin lost more than a third of its price on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot https://twitter.com/cryptoafricaedu/status/1391373668744372225?s=21 on the "Saturday Night Live" comedy sketch TV show.
U.S. Justice Department probing Kabbage, fintechs over PPP loan calculations -sources
WASHINGTON (Reuters) -The U.S. Department of Justice is investigating whether financial technology companies including Atlanta-based Kabbage Inc may have erred while distributing billions of dollars in pandemic aid to struggling small businesses, three people with knowledge of the matter told Reuters.
Dogecoin tumbles after Elon Musk calls it a 'hustle' on 'SNL' show
NEW YORK (Reuters) -The value of dogecoin dropped sharply in early U.S. hours on Sunday, after Tesla chief and cryptocurrency supporter Elon Musk called it a 'hustle' during his guest-host spot on the "Saturday Night Live" comedy sketch TV show.
Swedish crypto broker Safello's planned IPO oversubscribed by 1,240%
Swedish cryptocurrency brokerage Safello said on Wednesday its planned IPO was oversubscribed by 1,240% as demand for digital assets continues to grow among investors.
ZhongAn, StanChart-backed lenders take early lead in HK digital bank race
Online-only banks in Hong Kong backed by China's ZhongAn Online P&C Insurance and Britain's Standard Chartered moved ahead of newly launched rivals as they garnered 70% of deposits last year, the lenders' annual reports showed.
Ethereum breaks past $3,000 to quadruple in value in 2021
Cryptocurrency ether broke past $3,000 on Monday to set a new record high in a dazzling rally that has outshone the bigger bitcoin, with investors betting that ether will be of ever greater use in a decentralised future financial system.
Politics Video
U.S. Attorney General Merrick Garland said on Friday his Justice Department will aggressively enforce voting rights at a time when many Republican-led states are tightening election laws and supporters of former President Donald Trump continue to baselessly question his 2020 defeat. Gavino Garay reports.
Politics News
Justice Dept watchdog to probe seizure of Democrats' communications data
WASHINGTON (Reuters) -The U.S. Justice Department's internal watchdog will probe efforts by the department during former President Donald Trump's administration to seize the communications data of Democrats in the U.S. House of Representatives, the watchdog confirmed.