Tag: Paxful

Paxful Hit with $4 Million Penalty Over Illegal Transactions and Crimes

March 23, 2026

TLDR Paxful has been sentenced to pay a $4 million fine after pleading guilty to money laundering and prostitution charges. The company processed over $3 billion in crypto trades between 2017 and 2019, including transactions linked to Backpage. The U.S. Department of Justice initially sought a $112 million penalty but reduced it to $4 million

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Green

Green steel startup Boston Metal is doubling down on critical metals

May 21, 2026 0

The startup Boston Metal has raised a $75 million funding round to produce critical metals, MIT Technology Review can exclusively report. The company has been known largely for its efforts to clean up steel production, an industry that's responsible for about 8% of global greenhouse emissions today. With the additional money, the new focus could

Embracer

Embracer Follows Ubisoft In Splitting Off New Publisher To Handle Huge IP, Tomb Raider & LOTR Included

May 20, 2026 0

Say hello to Fellowship Entertainment by Ben Kerry 11 hours ago Embracer Group has today announced plans to create a secondary publishing label called Fellowship Entertainment, in order to "capture the full potential of the high-quality assets" that the group currently owns. The Swedish game publisher says that it hopes to spin off Fellowship Entertainment

Entertainment

Gwyneth Paltrow’s Daughter Apple Martin in Nancy Meyers Movie

May 20, 2026 0

Gwyneth Paltrow's Daughter Apple Martin Makes Directorial Debut With Student Show Apple Martin doesn’t fall far from the tree. Gwyneth Paltrow and Chris Martin ’s daughter will be following in her mom’s acting footsteps and making her movie debut in Nancy Meyers’ upcoming film, Deadline and Entertainment Weekly reported on May 18. The 22-year-old—who graduated

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