Altman, Cagney, Backed Firms Among Last Week’s Fintech Raises

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Brazil’s Agibank raises $410M in fund issuance The digital bank also has roughly 900 locations, mostly in underserved communities. This raise is the company’s third receivables-backed issuance. Capitolis confirms $220M in financing, including $120M Series E The fintech raised a $120 million Series E and… Read More

 

 




CLARITY Act Supporter Argues that SEC, CFTC Crypto Rules Fall Short without Legislation

House Financial Services Committee Chairman French Hill has argued that recent efforts by the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) to craft digital-asset rules fall short of the lasting framework only Congress can deliver. After the Senate blocked the CLARITY… Read More

Revolut Plans to Compete with Amex and JPMorgan via Matching Benefits and Agentic AI

Revolut is positioning itself to challenge established US financial giants by matching their credit card rewards while layering in agentic AI tools that could reshape how customers shop and bank. Chief Executive Nik Storonsky outlined the strategy during remarks in Turin, emphasizing a desire to… Read More

Top Fintech Cross River Appoints New President, Form Lazard Executive

Cross River is planning for the future, having announced the appointment of a new President, effective October 1, 2026. According to a release, former Lazard Asset Management CEO Evan L. Russo, a current Cross River board member (since April), has stepped into the role and… Read More

UK: FCA and NCA Partner on Arrests Tied to Insider Trading

The UK Financial Conduct Authority (FCA) and the National Crime Agency have partnered to arrest several individuals allegedly linked to insider trading violations. According to an FCA statement, authorities arrested 3 individuals and searched five homes. The enforcement action saw officers seize 30 mobile phones,… Read More

Morgan Stanley Plans Tokenized Equities Support on Its Alternative Trading System (ATS)

Morgan Stanley (NYSE: MS) plans to support tokenized equities on its alternative trading system (ATS), Trajectory Cross, in the first quarter of 2027. Amy Oldenburg, the firm’s head of digital asset strategy, shared this updated timeline in an interview at Token2049 in Singapore. This marks… Read More

Real Estate Investing Platform Mogul Raises $15.5 million Led by Draper Associates

Mogul, a real estate investment platform, reports it has closed a $15.5 million Series A funding round led by Draper Associates. According to a release, the funding will be utilized to scale its artificial intelligence (AI) powered investing services. The Series A funding arrived at… Read More

Asian Markets Chip Rout Triggers $800M+ Crypto Liquidations as SanDisk Bets Top XRP; Ex- FTX Miner Raises $894M for AI Pivot

Asian semiconductor stocks tumbled early this week, triggering roughly $800 million in leveraged crypto liquidations, with perpetual futures on SanDisk recording more forced closures than those on XRP. The selloff, concentrated in South Korean names, illustrated how crypto venues have become venues for leveraged bets… Read More

Bitcoin Price Holds Steady Near $83K Amid BTC Whale Activity and Broader Ethereum, Crypto Market Volatility

Bitcoin has remained range-bound in the low-to-mid $82,000s to $83,000s into mid-October 2026, trading with limited directional conviction after failing to deliver the stronger seasonal advances historically associated with the month. Daily closes have clustered near these levels following a brief dip toward the low… Read More

Yandex Fintech Division Impacted by Ukranian Drone Strikes

Yandex has recently had its data centers targeted by Ukrainian drone attacks. More recently, Ukraine has sought to undermine infrastructure that supports the Russian war machine, as well as services designed to undermine overall support for Russia’s invasion of Ukraine. Reports indicate these attacks have… Read More

TD Cowen Warns CFTC Crypto Framework Risks Missing 2028 Election Deadline

The Commodity Futures Trading Commission’s (CFTC) emerging rules for leveraged retail cryptocurrency trading face a realistic risk of stalling or unraveling before the 2028 US presidential election, according to analysis from TD Cowen. In a note dated October 12, 2026, Jaret Seiberg, managing director at… Read More



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    Robinhood Chain Sees Trading Volumes Decline as Transactions Plunge Over 40%

    Activity on Robinhood Chain, the Ethereum layer-2 network the brokerage launched in July 2026, has continued to ease after an intense early-September period. What initially appeared mainly as a sharp drop in network fees has now shown up more clearly in lower transaction counts, fewer… Read More

    London Stock Exchange Group (LSEG) and CMC Markets Enter Multi-Year Data Agreement

    The London Stock Exchange Group (LSEG) and CMC Markets announced a multi-year strategic data agreement that significantly broadens CMC’s access to LSEG’s financial data, news and analytics offerings. The deal is designed to reinforce the underlying data infrastructure that supports CMC’s multi-asset platform, giving the… Read More

    Brazil Police Seize $1.7M In Crypto In Cybercrime Probe

    Brazilian police have seized about $1.71 million in cryptocurrency and frozen bank accounts holding up to 93 million reais ($18.1 million) in an investigation into a cybercrime group accused of using phishing and social engineering to compromise government systems and access sensitive corporate data, the… Read More

    AI: Microsoft CEO Satya Nadella Urges Businesses to Treat LLMs as Compromised by Default

    Microsoft (NASDAQ: MSFT) CEO Satya Nadella has urged organizations to treat advanced large language models and the agentic systems they power as potentially compromised from the outset, rather than relying on assurances from their developers. In an October 10 essay posted to X titled “Models… Read More

    Bitcoin (BTC) Supply Tightens with Steady Exchange Outflows as Conflux Rallies on China Policy and Geopolitical Risks Fuel Crypto Volatility

    Cryptocurrency markets are navigating a mix of tightening Bitcoin supply signals, selective altcoin strength tied to policy news, and broad volatility driven by escalating Middle East tensions. Over the past 365 days, roughly 700,000 Bitcoin have been withdrawn from centralized exchanges, according to data highlighted… Read More

    US Treasury Secretary Bessent Says Authorities Likely to Seize $1B in Iran-Linked Crypto This Week

    US Treasury Secretary Scott Bessent stated that American authorities are likely to confiscate roughly one billion dollars in digital assets connected to Iran in the coming days.  The remarks came during a discussion with Greta Van Susteren at Newsmax’s NPolicy Summit in Washington, D.C., on… Read More

    AI, Payments, Digital Offerings Highlight Last Week’s Fintech Product Releases

    CRX Trade launches Swiss prime brokerage  Switzerland-based CRX Trade lets institutions trade on Hyperliquid, ByBit, GateIO, Nasdaq, and CME from a single account. Trading algorithms and one collateral pool can be deployed on both crypto and traditional exchanges. Ndax debuts reward program The Canadian-owned and… Read More

    Coldcard Probes Unauthorized Phishing Post on Official X Account

    Bitcoin hardware wallet maker Coldcard, produced by Coinkite, has confirmed that a deceptive message containing a phishing link appeared on its verified X account early on October 11, 2026. The company removed the content shortly afterward and launched an inquiry into how the unauthorized material… Read More

    Singapore Central Bank Chief Says CBDCs Needed As Digital Money Scales

    Singapore’s central bank will step up work on wholesale central bank digital currencies (CBDCs) and stablecoin regulation as tokenised financial markets develop, with the Monetary Authority of Singapore (MAS)’s managing director saying central bank money will ultimately be needed to anchor monetary stability. Chia Der… Read More

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