Celsius boss Alex Mashinsky may be largely responsible for many of the firm’s unprofitable trades leading up to its bankruptcy. A new report from the Financial Times (FT) suggests that the CEO may have taken over trading operations back in January. He then took actions with company funds that overruled the decisions of other executives with multiple years of finance experience. Mashinsky’s Massive Trades The latest info is according to multiple people familiar with the matter – though the information…
Tag: Payment Card
MasterCard Set To Launch Crypto-Linked Payment Cards In Asia Pacific
In recent years, cryptocurrency has become highly popular. Also, thanks to innovative and secure blockchain technology, crypto payments have become a standard payment method worldwide. Now, things are looking to get even more convenient for people using cryptocurrency. MasterCard recently signed an agreement with several cryptocurrency services providers. Among them are Amber, BitKub, and Coinjar. And, their mission is to develop the first-ever crypto-linked MasterCard payment tools in the Asia Pacific region. Above all, these cards will allow customers living…
9 months ago 
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Mastercard And Island Pay To Launch First Central Bank Digital Currency Payment Card
Mastercard has collaborated with local payment service provider Island Pay to roll out prepaid cards for the Bahamians central bank digital currency (CBDC), named the Bahamians Sand Dollar. Under the initiative, Bahama citizens will have the option to convert the digital currency to the traditional Bahamians dollar easily, and vice versa, Mastercard said in an announcement today. The service will provide greater flexibility for Bahamians to conveniently pay for goods and services anywhere Mastercard is accepted, the announcement stated. Notably,…
1 year ago 245
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