June 4, 2026 @ 8:27 am By Omar Faridi  |  

PitchBook has noted that as OpenAI prepares for a potential confidential S-1 filing and a Q4 2026 public debut targeting around $1 trillion, PitchBook’s latest research update now highlights significant tensions between the company’s (relatively) massive scale and its underlying business fundamentals. Valued at $852… Read More

June 4, 2026 @ 7:27 am By Omar Faridi  |  

During an address to the European Parliament’s Committee on Economic and Monetary Affairs, ECB Executive Board Member Piero Cipollone underscored the central bank’s commitment to preserving payment freedom amid rapid technological change. Delivered on 3 June 2026 in Brussels, the statement highlights how the ECB… Read More

June 4, 2026 @ 5:43 am By Omar Faridi  |  

A recent report states that quantum computing has shifted from a distant theoretical risk to a pressing consideration for the blockchain sector. While current quantum devices lack the capability to compromise major networks, industry professionals now generally warn that future large-scale, error-corrected systems could undermine… Read More

June 4, 2026 @ 4:39 am By Omar Faridi  |  

Singapore-based fintech Thunes has introduced real-time payment capabilities for sending funds into the US from international markets. Announced recently this month, this latest development now reportedly enhances its Direct Global Network, allowing businesses and consumers worldwide to transfer USD with exceptional speed, cost optimization, and… Read More

June 4, 2026 @ 2:35 am By Omar Faridi  |  

KPMG UK has indicated that the latest Bank of England data on money and credit for April 2026 reveals a nuanced picture of household borrowing trends, with mortgage activity highlighting both resilience in parts of the housing market and growing pressures on affordability. KPMG UK… Read More

June 4, 2026 @ 1:55 am By Omar Faridi  |  

The Royal Bank of Scotland has recently introduced a financing solution that positions Scotland at the forefront of supporting knowledge-driven businesses. As reportedly the first bank in the country to offer substantial loans secured against intellectual property, RBS is said to be opening pathways for… Read More

June 4, 2026 @ 1:29 am By Omar Faridi  |  

Gradient Labs has recently expanded its Series A funding round to a total of $26 million. The capital injection, led by Octopus Ventures and CommerzVentures with continued support from Redpoint Ventures and Exceptional Capital, aims to accelerate the development of autonomous AI systems designed specifically… Read More

June 4, 2026 @ 12:34 am By Omar Faridi  |  

During a recent speech that was reportedly delivered on 2 June 2026 at the University of Derby Business School, Bank of England Deputy Governor Megan Greene highlighted the challenges posed by the latest energy price surge triggered by conflict in the Middle East. Titled “Here… Read More

June 3, 2026 @ 5:10 pm By JD Alois  |  

As anticipated, SpaceX will issue shares at a fixed price of $135 per share, at a valuation of around $1.75 trillion. SpaceX will be pursuing the largest initial public offering (IPO) ever. According to an amended S-1 filed with the Securities and Exchange Commission today, Space Exploration Technologies… Read More

June 3, 2026 @ 4:32 pm By JD Alois  |  

Over time, the difficulty of mining a Bitcoin under Proof of Work goes higher. As the price of BTC has cratered in recent weeks, the cost to mine a single Bitcoin could surpass the value of a single Bitcoin. According to the Cambridge Centre for… Read More

June 3, 2026 @ 4:11 pm By JD Alois  |  

Stablecoin issuer Tether will offer a gold-backed card in partnership with Fasset, according to a block post. The company claims this is a “world’s first” gold-backed neobank card. Fasset, based in Dubai, is regulated by the Virtual Assets Regulatory Authority and holds both a VASP… Read More

June 3, 2026 @ 1:03 pm By Omar Faridi  |  

PayAngel has deepened its ties with Visa by integrating Currencycloud, a widely-used Visa Direct solution. This strategic collaboration aims to bolster the fintech’s multicurrency account features and accelerate international payouts, offering users greater speed, efficiency, and reliability in moving money across borders. PayAngel, a platform… Read More

June 3, 2026 @ 12:33 pm By JD Alois  |  

The US House of Representatives Committee on Financial Services has sent a letter to President Donald Trump requesting the termination of conflict mineral disclosure requirements, as they threaten US strategic interests and create unintended humanitarian harm. The Dodd-Frank Wall Street Reform and Consumer Protection Act,… Read More

June 3, 2026 @ 12:15 pm By Omar Faridi  |  

TransferMate Global Payments has reportedly chosen BVNK as its key partner for stablecoin infrastructure. This collab now aims to introduce real-time stablecoin settlements into one of the industry’s most extensive regulated payment networks, offering businesses cost-effective options for international money movement. TransferMate stands out as… Read More

June 3, 2026 @ 12:11 pm By JD Alois  |  

Autobrains, an OurCrowd portfolio company, has revealed a partnership with Uber and NVIDIA to launch a robotaxi service in Munich, Germany. The announcement was made at the recent NVIDIA GTC Taipei event. In an OurCrowd blog post, Igal Raichelgauz, CEO and founder of Autobrains, stated,… Read More

June 3, 2026 @ 11:44 am By Tony Zerucha  |  

Fintech industry participants weighed in on Robinhood’s (NASDAQ: HOOD) use of artificial intelligence (AI) agents this past week. “There’s a huge opportunity for Robinhood to reshape trading behavior again through AI agents. As these systems become more deeply embedded in investing platforms, users will increasingly stop viewing… Read More

June 3, 2026 @ 10:26 am By Omar Faridi  |  

Bitcoin (BTC), the leading digital currency in terms of market cap and global adoption, has experienced a rather sharp decline. It’s currently trading at around $66,000 after dropping even lower (earlier) to about $65,000. Currently, the Bitcoin price is even lower than its all-time high… Read More

June 3, 2026 @ 10:23 am By JD Alois  |  

Bybit EU has agreed to utilize ClearBank Europe’s banking tech stack to support cloud based banking services including digital assets Bybit EU is an Austrian Crypto-Asset Service Provider (CASP) authorized under the Markets in Crypto-Assets Regulation (MiCAR) in Austria. Bybit EU serves customers across the… Read More

June 3, 2026 @ 9:02 am By JD Alois  |  

Last week, Senator Elizabeth Warren stated in an Op-Ed that she wants to tax the development of artificial intelligence (AI) and “invest in people,” warning that AI will “break society, “creating a “permanent underclass.” In brief, Warren fears the creation of billionaires who are building… Read More