This week's list of top stories in fintech:

SoFi stock soars after clearing final regulatory hurdle to become a bank

• Got approval from OCC, the Fed
• Stock up more than 35% over past two days
• Deal to acquire Golden Pacific Bank should close next month

Small banks set to go live with bitcoin trading

• 300 banks will go live with bitcoin trading by the end of Q2
• NYDIG is enabling this method, needed integrations have been completed
• Regulatory and security concerns have been worked out
• Endorsed by the ABA and ICBA, both have invested in NYDIG

Bank-Fintech Partnerships Are Under-Performing: What’s Going Wrong?

• New report from Cornerstone Advisors
• 89% of banks say fintech partnerships are important
• 65% of banks have entered into a fintech partnership, 35% have invested
• Only 14% have realized at least a 5% gain in revenue because of a fintech partnership

What JPMorgan is doing with that $12 billion tech spend

• Half the budget is on run the bank and half on change the bank.
• Modernization, data strategy and product operating model
• 59 million digital chase users

Crypto.com loses $34 million in hack that affected 483 accounts

• Crypto.com was hacked last weekend
• Initially CEO said that no funds were lost

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Until next time.