Category: Blockchain

Digital financial services provider SoFi Technologies announces the discontinuation of its cryptocurrency services, providing members with a migration option to crypto platform Blockchain.com. SoFi Technologies, a leading provider of digital financial services, has recently announced its decision to discontinue its cryptocurrency services by the end of the year. The company, known for its student loan…

SoFi Technologies has announced the closure of its cryptocurrency services, giving existing users the choice to migrate their accounts to Blockchain.com or have them liquidated. SoFi Technologies, a prominent financial technology company, is set to shut down its cryptocurrency services by December 19. The announcement comes as the company aims to comply with regulatory requirements…

Online banking platform SoFi announces the end of its cryptocurrency trading service, prompting customers to transfer their assets to Blockchain.com. SoFi, an online banking platform known for its high-yield savings accounts and investing services, has made the decision to discontinue its cryptocurrency trading service. The announcement was made via email to customers on Wednesday morning.…

The U.S. Federal Reserve’s regulations prompt SoFi to exit the crypto space In a surprising move, SoFi, the online personal finance company, has announced its decision to discontinue its direct offering of cryptocurrency services. This strategic shift appears to be closely tied to the company’s recent transition into a bank holding company. According to a…

San Francisco-based SoFi discontinues crypto services as the Federal Reserve increases scrutiny on the banking sector. In a move that has surprised many, San Francisco-based financial technology company SoFi has announced the discontinuation of its cryptocurrency services. This decision comes at a time when the Federal Reserve has been intensifying its scrutiny of the banking…

Neon’s Ethereum Virtual Machine (EVM) integration with Solana allows for seamless token payments, offering greater flexibility and improved user experiences. In a major development for the Ethereum ecosystem, Neon, an Ethereum Virtual Machine (EVM) built on Solana, announced its testnet’s support for token payments. This development, set to go live on the mainnet before the…

Proton Mail, the renowned privacy-focused email service, is leveraging blockchain technology to ensure the authenticity of email addresses. Proton Mail, known for its commitment to user privacy through end-to-end encryption, is venturing into the world of blockchain with its latest feature, Key Transparency. In an interview with Fortune, CEO and founder Andy Yen emphasized that…