Perspective: DeFi is Losing the Plot

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Everyone in DeFi is talking about the “Earn” Wars. Robinhood, Coinbase, Revolut, and Kraken are competing for retail balances. Protocols like Aave, Morpho, and Ethena are competing to be the borrowing strategy. Vault providers are competing to package it, and strategists like Steakhouse, Gauntlet, Sentora,… Read More

 

 




Bahrain based Fintech Infinios Activates Live Stablecoin Settlement with Mastercard

Bahrain-based fintech Infinios has launched operational stablecoin settlement services in partnership with Mastercard (NYSE:MA), reportedly becoming the first issuer in the Kingdom of Bahrain to do so. The move enables the use of regulated stable digital currencies for settlement processes and positions Bahrain more strongly as… Read More

Google Pay Introduces Gemini enabled AI Tool for Users in India

Google, part of Alphabet (NASDAQ:GOOG), has introduced a significant enhancement to its popular digital payments platform in India by incorporating advanced artificial intelligence capabilities directly into the Google Pay application. This development, aimed exclusively at consumers based in the country, centers on a new conversational tool… Read More

Sea’s MariBank Plans Digital Banking Expansion from Singapore Hub

A unit of one of Southeast Asia’s largest technology groups is exploring the development of a broader regional digital banking network, with Singapore serving as its operational and strategic base. MariBank, the digital banking arm of Sea Limited, is positioning the city-state as a launchpad… Read More

Kingscrowd Expands Into Europe

Kingscrowd, a securities crowdfunding intelligence platform, is expanding into the European market. According to an email distributed by the company, it has partnered with Over Ventures, a European investment crowdfunding advisory firm based in Italy, to launch services and further scale its data platform. Over… Read More

Iran Linked Crypto Platform Shelbit Reportedly Routed Hundreds of Millions to Binance Amid Sanctions Concerns

A Dubai-based cryptocurrency platform with ties to Iranian interests has been reported to have transferred substantial digital assets to Binance, raising questions about potential efforts to circumvent international financial restrictions. According to a detailed investigation, the unlicensed exchange known as Shelbit, operated by Iranian expatriate… Read More

Decentralized L3 Infrastructure focused Orbs Launches Community Vote on Establishing DAO Governance Framework

Orbs, a decentralized Layer-3 infrastructure project focused on advanced on-chain trading and DeFi capabilities, has opened its first formal community governance proposal, known as OIP-9. The proposal seeks community approval to formally create the Orbs DAO and define its starting governance structure, marking a key… Read More

Are Stablecoins Efficient for Remittances? Banca d’Italia Report Tests Stablecoin Usage

The Banca d’Italia has published a report on digital currency asking the question: Are Stablecoins Efficient for Remittances? The goal was to determine if stablecoins provided an improvement over more traditional payments and transfers regarding cost and speed. The paper reviews transfers of $200 in… Read More

Inverse Cramer: CNBC Stock Pundit Jim Cramer Sells Bitcoin, BTC Holders Cheer

Yesterday, on August 3rd, CNBC host Jim Cramer declared he would sell all his Bitcoin (BTC) holdings due to fears about Quantum computing. On July 31st, Cramer interviewed Arvind Krishna, CEO of IBM, who stated that Quantum computing would eventually be able to break into… Read More

Robinhood Secures Regulatory Clearance for Cryptocurrency Services in the UK

Robinhood Markets (NASDAQ: HOOD) has achieved an important regulatory milestone in Britain. Its local subsidiary, Robinhood U.K. Ltd, was added to the Financial Conduct Authority’s register of cryptoasset firms effective 31 July 2026. This registration under the existing anti-money laundering and counter-terrorist financing rules allows… Read More

AI Adoption Remains Steady Across Euro Area But Process Is Highly Uneven

The European Central Bank (ECB) has recently indicated that Euro area businesses are taking up artificial intelligence, yet the process remains highly uneven, according to a recent analysis of firm-level survey data. Drawing on two specialized modules of the Survey on the Access to Finance… Read More




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South Korean Crypto Exchange Bithumb Targets 2028 IPO

South Korea’s cryptocurrency platform Bithumb has outlined a multi-year plan to go public, targeting completion of its initial public offering in 2028. The exchange shared details of this roadmap in an official customer notice on August 3, 2026, emphasizing that the process is designed to… Read More

Bitmine ($BMNR) Reports Ethereum (ETH) Holdings Climb to 5.8 Million Tokens as Combined Crypto, Cash Holdings Hit $11.3B

Bitmine Immersion Technologies (NYSE: BMNR) expands its Ethereum position to nearly 4.8% of supply, with combined holdings valued at $11.3 billion.Bitmine Immersion Technologies, a publicly traded firm focused on building a substantial digital asset treasury centered on Ethereum, has reported further growth in its ETH… Read More

Apple Pay Rolls Out in the Philippines, Bringing Contactless Payments to iPhone and Other Devices

Apple’s (NASDAQ:AAPL) mobile payment platform has officially become available in the Philippines, allowing consumers to make contactless transactions using their iPhones and compatible Apple devices. The long-anticipated expansion lets eligible users add supported debit and credit cards to the Wallet app and complete payments with… Read More

Manchester based Fintech Firenze Partners with AJ Bell Investcentre

Manchester-based fintech Firenze has formed a strategic alliance with AJ Bell Investcentre, one of the country’s investment platforms. The collaboration enables financial advisers using the AJ Bell Investcentre platform to connect high-net-worth clients with Lombard lending facilities, allowing them to access liquidity secured against their… Read More

Bitcoin focused Treasury Firm Strategy ($MSTR) Begins Tracking BTC’s Key Long-Term Technical Level

Bitcoin-focused treasury company Strategy (NASDAQ:MSTR) has started actively monitoring the cryptocurrency’s 200-week moving average, according to a recent announcement from its founder and executive chairman. The firm now displays this metric along with the premium of Bitcoin’s current price relative to that average on its… Read More

Stablecoin USDT Issuer Tether Reports $1.5B Q2 2026 Profit, Increases Bitcoin and Gold Holdings

Digital assets firm Tether has released its second-quarter 2026 financial figures, highlighting steady operational results and strategic adjustments to its reserve portfolio. The company, known for issuing the USDT stablecoin, recorded approximately $1.5 billion in net operating profit for the three months ending June 30,… Read More

Artificial Intelligence (AI) Delivers Significant Time Savings for SMBs Yet Trust Remains Key Challenge : Research

Small business owners across the United States are increasingly turning to artificial intelligence for efficiency gains, with nearly half reporting substantial weekly time savings. However, widespread concerns about reliability and security continue to limit fuller integration, according to a new research study released by Bluevine…. Read More

California Confiscation Tax Embraced by the State’s Democrat Party

The California Confiscation tax, which is slated to be on the ballot this coming November, has gained the support of the California Democrat party. This past June, the “billionaire tax” earned sufficient signatures to move the issue to a ballot vote, evading the state legislature…. Read More

DeFi Protocol Aave Plans Orderly Exit from Low-Activity Markets and Chains, Potentially Impacting Nearly $100M in Assets

Aave, one of the more active decentralized lending protocols, is preparing to phase out support for a range of underused asset reserves and fully wind down its presence on several smaller blockchain networks. The initiative, announced by founder Stani Kulechov, forms part of a broader… Read More

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