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Ex-Celsius CEO Mashinsky gets 12-year sentence for crypto fraud

May 10th 2025

Alexander Mashinsky, the former CEO of crypto firm Celsius Network, has been sentenced to 12 years in prison for commodities fraud and securities fraud.

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Stablecoin-based card issuer Rain raises $24.5 million

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Incore Invest raises €25 million to fund high growth fintechs

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Burbank raises £5m for online tap and PIN payments

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Lloyds puts leadership team through AI training programme

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PwC Italy and SKChain Advisors prep blockchain-based digital identity product

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Monzo introduces Split payments feature to remove the hassle of shared expenses

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Westpac rolls out ‘panic button’ for customers who think they’ve been scammed

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Embedded payments startup enza raises $6.75 million

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Appeals court rules Capital One hacker’s sentence was too light

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DoorDash and Klarna let users eat now, pay later

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Accenture loses revenue amid US federal cuts

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Stablecoin de-pegging to be probed by Ripple, Warwick Business School’s Gillmore Centre

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US Bank on the ‘dirty little secret’ of applied foresight and ‘future safaris’

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MoonPay secures $200 million revolving credit line from Galaxy

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Chetwood Bank: Offering stability in a volatile market

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Western Alliance Bank falls victim to zero-day breach

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Stable Sea raises $3.5m for global stablecoin offramping

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Deutsche Bank to cut 2000 jobs through branch closures

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Europe needs digital euro to counter risk of economic coercion – ECB economist

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NatWest inks collaboration deal with OpenAI

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