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Singapore's largest lender DBS Group reported a record full-year profit for 2021, and its CEO Piyush Gupta told CNBC last year was «one of the best years» he's seen.

Sam Bankman-Fried is the co-founder and CEO of cryptocurrency exchange platform FTX

Recently, Wells Fargo had stated that cryptocurrencies could be hitting an “adoption inflection point,” comparing it to the internet adoption in the 1990s. In another report, examining crypto trends for 2022, Ripple has noted,

It's been another busy week of people stepping down and stepping up into new roles across the City.

Seven V Global executives have been found guilty of misappropriating 2 trillion KRW ($1.9 billion) in the latest verdict on Friday, as per reports. While the six of them will serve varying jail-time of up to 14 years, former CEO Lee Byung-gul has been sentenced to 22 years in prison.

Credit Suisse chief executive Thomas Gottstein said that the bank has to “pay market” to attract the best people, despite a steep cut to its bonus pool as the Swiss lender reported a $1.7bn loss for 2021.

DoubleLine Capital CEO Jeffrey Gundlach said Friday the Federal Reserve is failing in its battle against a spike of inflation, and the central bank is slated for accelerating rate hikes this year.

NextGen Nordics will bring together multiple stakeholders – the banking community, central banks, public authorities and trade and business beneficiaries – to generate community discussion, explore the benefits and offer practical advice on activating the opportunities of new technologies in the Nordic region. Register for the event here.

In a statement, Binance CEO Changpeng Zhao said: “As Web 3 and blockchain technologies move forward and the crypto market comes of age we know that media is an essential element to build widespread consumer understanding and education."However, amid concerns about conflict of interests at the publication, he later took to Twitter to insist that "Forbes editorial independence is and will always be sacrosanct".The multi-billionaire added that the investment is to "help them build Web3 infrastructure in the coming years".Last year, Binance dropped a lawsuit against Forbes and two of its journalists over a story about the crypto firm's corporate structure. In September, having faced regulatory scrutiny in a host of countries, Binance vowed to centralise its business structure to address concerns about a lack of systemic transparency.Zhao tweeted yesterday: "Like many fast-growing, innovative companies, Binance is used to media scrutiny.

NextGen Nordics will bring together multiple stakeholders – the banking community, central banks, public authorities and trade and business beneficiaries – to generate community discussion, explore the benefits and offer practical advice on activating the opportunities of new technologies in the Nordic region. Register for the event here.

It's been another busy week of people stepping down and stepping up into new roles across the City.

Sardine's core technology uses AI to provide a real-time fraud score based on the user’s identity, device, and behaviour patterns at the time of account origination and account funding. It also continuously monitors for fraud during account login, deposits, and withdrawals.The technology is now used by over 50 firms, including neobanks such as Brex and crypto exchanges Bakkt and FTX, which integrate Sardine’s SDK into their web and mobile apps.The startup has also now added instant bank ACH transfers for crypto on-ramps, removing the traditional three to seven day waiting period for consumers before they gain access to their funds.Soups Ranjan, CEO, Sardine, says: "It’s an amazing time, as the very concept of money is being reinvented with the rise of fintech and crypto digital wallets.

Strike made headlines and captured the imagination of even non-crypto users when its API helped power Twitter’s venture to bring tips – and crypto tips – to people in selected jurisdictions. After about half a year, what’s the status on Strike’s rollout?

Amrapali "Ami" Gan, OnlyFans' CEO, commented in a statement to Reuters that the online subscription platform known for adult content will enable creators to make nonfungible token, or NFT, profile pictures.

Check out the companies making headlines after the bell: 

Agriculture and crypto don’t seem like they have a lot in common, but the Senate Agriculture Committee’s hearing on crypto assets triggered strong reactions from crypto stakeholders across the board. While it’s hard to define whether the hearing bodes ill or not for investors, a Ripple official has shared their take on the proceedings.

Credit Suisse chief executive Thomas Gottstein said that the bank has to "pay market" to attract the best people, despite a steep cut to its bonus pool as the Swiss lender reported a $1.7bn loss for 2021.

Disclaimer: The text below is a press release that was not written by Cryptonews.com. 

Bitcoin (BTCUSD) price, which set a new record of nearly $65,000 in April, is confounding investors. 

Some of the UK's top banks have been contacted by the Financial Conduct Authority to make sure they are prepared for a potential cyber attack as tensions between Russia and Ukraine escalate.