Europe

This week's news was dominated by the crypto meltdown, or more specifically, the rapid demise of stablecoin TerraUSD and its paired token Luna, which impacted the entire market.

Making news this week was FTX expanding into stock trading, Plaid getting into identity verification, Klarna raising money at a lower valuation, Nubank adds 5.7 million new customers in Q1, Robinhood launching self-custodial wallets and more.

The crypto contagion continued this week with BlockFi being the center of attention. There was also news from FTX on Robinhood, Celsius continued to flounder, Three Arrows Capital is toast, and amid all this turmoil the EU agreed to a crypto regulatory framework.

Another busy news week in fintech with Apple causing quite a stir on the BNPL front. We also had big news from PayPal, the U.S. Senate, Custodia Bank, Checkout.com and more.

The news this week was dominated by the crypto crash as we heard about layoffs at Coinbase, problems at Celsius and a continued downturn in crypto prices. There was plenty of BNPL news as well.

Making news this week was Affirm partnering with Stripe, an OpenSea executive getting charged with insider trading, Binance Labs closing a new fund, Ripple and FTX on the hunt for acquisitions, Nav teaming up with Marcus and more.

Making news this week was Stripe launching a new product to compete with Plaid, changes to the CRA have finally been proposed, Yuga Labs almost crashed Ethereum, Robinhood starts a stock lending program, Affirm teams up with Fiserv and more.