Hacker behind $610m crypto heist in line for reward for returning assets
After returning nearly all the $610 million in cryptocurrency that they stole earlier this week, a hacker has been offered a $500,000 "bug bounty" by the Poly Network.
Robinhood to pay $70m in Finra settlement
The Financial Industry Regulatory Authority (Finra) has fined Robinhood $57 million and ordered the trading app to pay approximately $12.6 million in restitution, plus interest, to thousands of "harmed customers".
Anti-money laundering expert convicted of money laundering
The former chairman of a UK group that represents the payment services industry has been convicted of laundering the proceeds of an investment fraud worth £850,000 and involving more than 60 victims.
Georgetown McDonough School of Business opens for applications to Fintech course
Source: Georgetown McDonough School of Business
The rapid growth of the dynamic FinTech industry in MENA has led to new business models, technologies, regulatory reforms and use cases being deployed across the region.
Robinhood blocks GameStop stock purchases; AOC floats committee hearing
Robinhood has stopped users from buying several stocks - including GameStop - at the centre of the Reddit-led price rally. In a blog, Robinhood says it is "restricting transactions for certain securities to position closing only". Others, including TD Ameritrade, have also put restrictions in place.
Singapore central bank reports successful first phase of ethical AI project
Source: Monetary Authority of Singapore
The Monetary Authority of Singapore (MAS) today announced the successful conclusion of the first phase of the Veritas initiative which saw the development of the fairness assessment methodology in credit risk scoring and customer marketing.
Privacy watchdog takes enforcement action against Experian over data sharing
Credit referencing agency Experian has been ordered to make fundamental changes to how it handles people’s personal data after an investigation into its data broking activities by the Information Commissioner's Office uncovered serious breaches of privacy laws.
Robinhood faces hefty SEC fine for high-speed trade deals
Stock trading app Robinhood is being investigated by the Securities and Exchange Commission for failing to disclose that it sold clients' orders to high speed trading firms, according to the Wall Street Journal.
