Cambridge Savings Bank expands to NH in $80.9 million deal
The acquisition of First Seacoast Bank will add five branches to the $7 billion-asset Massachusetts lender and give Cambridge about $600 million in extra assets. Source link
Category financ
Representative E-Commerce: ZyG Raises $60 Million in Series A
Representative e-commerce company ZyG It raised $60 million in a Series A funding round led by Accel. Sonali De Ryckerpartner AccelerationHe will join the ZyG board of directors. Other investors include Felix Capital as well as new and existing investors.…
Public companies purchased 50,351 BTC in the first quarter – Could this accelerate Bitcoin’s H2 cycle?
Does persistent treasury demand strengthen Bitcoin’s macro hedge thesis? Source link
Coinbase lays off 700 employees
The cryptocurrency exchange joins the list of companies replacing employees with artificial intelligence, following Block, Crypto.com and Bolt, which have cut jobs this year. Source link
Citadel to Move Jobs from New York City to New Offices in Miami
talk with CNBC Today, Castle founder and CEO Ken Griffin As a direct result of New York City’s socialist mayor said: Zohran Mamdani, Citadel will move more jobs to Miami. Griffin said they applied to the city of Miami to…
BitMine expands Ethereum exposure – Firm’s staked ETH reaches $10 billion
Ethereum validator queue activity last month confirmed that staking demand is increasing. Source link
Crypto exchange Bullish makes a $4.2 billion deal
By acquiring Equiniti, Bullish gets a blockchain-based transfer agency that allows investors to participate in 24/7 transactions, instant payments, and seamless asset movements. Source link
Anthropic for the Needs of Financial Services Firms Automates Analysis, Pitches and More
anthropic announced dedicated artificial intelligence agents for the financial services industry. The company said it can now automate time-consuming tasks like creating recommendation books, writing credit memos, scanning KYC files, and closing the books at the end of the month.…
Drift unveils recovery plan and introduces user claim tokens after $295 million North Korea-linked exploit
Drift Protocol outlined a recovery plan following the $295 million exploit, proposing recovery tokens and gradual payments backed by revenue and external funding. Source link
RS2 Payment Firm Expands into Latin America
payment platform RS2 It said it had struck a long-term deal with a major financial services partner in Latin America to expand its coverage. RS2 did not disclose the name of the company. The company states that the partnership will…
