October 25, 2026 @ 8:14 pm By Omar Faridi  |  

Russia’s central bank digital currency has recorded rapid early adoption, with 270,000 digital ruble accounts opened by late October 2026—less than two months after its nationwide rollout. Bank of Russia Governor Elvira Nabiullina disclosed the figure during an October 23 press conference following a monetary… Read More

October 25, 2026 @ 8:08 pm By Omar Faridi  |  

Compensation for quantitative finance professionals has kept rising even as artificial intelligence becomes more deeply embedded in the industry, according to recent research from the CQF Institute, part of Fitch Learning. The recent research findings, drawn from the organization’s 2026 Careers Guide to Quantitative Finance,… Read More

October 25, 2026 @ 7:07 pm By Michael Wong  |  

The Hong Kong Monetary Authority (HKMA) will increase the liquidity available to banks participating in its offshore yuan market scheme to 22 billion yuan ($3.1 billion) from 20 billion yuan, appointing 12 banks as primary liquidity providers for a new two-year term. The designations will… Read More

October 25, 2026 @ 6:04 pm By Omar Faridi  |  

Etsy (NYSE: ETSY) is introducing tighter rules on artificial intelligence across its marketplace after determining that buyer uncertainty over AI-generated listings has become one of the top three obstacles preventing people from shopping more frequently on the platform. The company outlined the changes in a… Read More

October 25, 2026 @ 5:38 pm By Omar Faridi  |  

Electrum, one of Bitcoin’s longest-running lightweight wallets, released version 4.8.3 on October 24, 2026, after developers confirmed that a high-severity flaw was already being exploited by malicious servers. The vulnerability allowed an attacker controlling an Electrum server to intercept a user’s freshly signed payment, suppress… Read More

October 25, 2026 @ 3:33 pm By Michael Wong  |  

British fintech Revolut is in active discussions with the Bangko Sentral ng Pilipinas (BSP) about securing a digital banking licence in the country, a senior central bank official said. Lyn I. Javier, BSP deputy governor and head of its Financial Supervision Sector, said talks with… Read More

October 25, 2026 @ 2:58 pm By Omar Faridi  |  

Brazil’s securities regulator calls for mandatory tokenization paired with AI-driven surveillance to modernize capital-market oversight. On Friday, October 23, Otto Lobo, president of Brazil’s Comissão de Valores Mobiliários (CVM), told the IV Congress of Investment Fund Law organized by the Associação dos Advogados that the… Read More

October 25, 2026 @ 2:48 pm By Omar Faridi  |  

Jack Dorsey’s Fintech and Bitcoin focused company Block (NYSE: XYZ) has released Dessa, a research preview of a speech model that produces conversation so lifelike it has prompted both admiration and warnings about potential misuse. The work comes from a compact internal lab that answers… Read More

October 25, 2026 @ 12:43 pm By Michael Wong  |  

SoftBank-backed OPay Limited is seeking to raise up to $336 million in a U.S. initial public offering (IPO), as the digital financial services group capitalizes on rapid growth in its payments and lending businesses. The Singapore-headquartered company plans to offer 16 million American depositary shares… Read More

October 25, 2026 @ 2:02 am By Omar Faridi  |  

Tesla (NASDAQ: TSLA) delivered stronger-than-anticipated third-quarter results this week, with adjusted earnings per share reaching 48 cents against Wall Street forecasts of roughly 43 cents. Revenue also edged past projections, coming in near $28 billion. Most notably, free cash flow swung to a positive $1.5… Read More

October 25, 2026 @ 1:35 am By Omar Faridi  |  

A severe security flaw has emerged in PHP, the programming language that underpins roughly 70 percent of websites with a detectable server-side component. Two related vulnerabilities, each assigned a critical severity rating of 9.2 out of 10, allow unauthenticated attackers to achieve remote code execution… Read More

October 25, 2026 @ 12:59 am By Omar Faridi  |  

The Qubic layer-1 network has resumed normal operation following a brief halt triggered by a wallet-seed vulnerability that allowed an attacker to empty 1,404 accounts of roughly 2.94 trillion QU tokens, valued at approximately $1.4 million at the time. Project operators known as Computors approved… Read More

October 24, 2026 @ 8:49 pm By Omar Faridi  |  

A recent US Securities and Exchange Commission (SEC) filing from Meta Platforms (NASDAQ: META) has laid bare a months-long, often tense negotiation between Mark Zuckerberg and a special committee of the company’s independent directors over how to raise equity capital for an enormous artificial intelligence… Read More

October 24, 2026 @ 7:46 pm By Michael Wong  |  

AnyMind Group will introduce artificial intelligence tools, including agentic AI applications and AI-generated content, in the U.S. as the marketing and e-commerce technology company expands its operations into the market. The company said on October 22 that it had launched U.S. operations in Los Angeles,… Read More

October 24, 2026 @ 6:45 pm By Omar Faridi  |  

Moonshot AI, the Beijing-based artificial intelligence startup, has introduced Kimi K3.1 Pro as the opening model in its K3.1 series. The company positions the system as its most capable open-weight offering in the roughly three-trillion-parameter class to date. The release builds directly on the earlier… Read More

October 24, 2026 @ 11:10 am By Michael Wong  |  

Only 13% of chief information officers (CIOs) said their organisations had achieved significant or transformational value from artificial intelligence, even as companies ramp up spending and expand its use, according to a Gartner survey. The survey of 2,002 CIOs and technology executives, conducted from May… Read More

October 24, 2026 @ 11:06 am By Omar Faridi  |  

Barclays (LON: BARC) has disclosed plans to eliminate roughly 5,000 positions across its global operations by the close of 2026, equivalent to about 5 percent of its total workforce. The lender reported a headcount of approximately 93,000 employees at the end of 2025. Of the… Read More

October 24, 2026 @ 11:00 am By Omar Faridi  |  

Stripe has introduced Treasury for agents, a new capability that lets startups run key financial tasks through AI agents such as ChatGPT and Claude. Announced on October 21, 2026, from San Francisco and Dublin, the feature builds on Stripe Treasury, which already lets companies manage… Read More

October 24, 2026 @ 10:47 am By Omar Faridi  |  

MoonPay and DunPay’s parent company Dunamu are exploring a strategic partnership focused on stablecoin-powered payments, corporate treasury tools, and broader global reach for Dunamu’s GIWA blockchain. On October 20, 2026, the New York-based crypto payments and stablecoin infrastructure firm MoonPay said it is moving forward… Read More