Cross River Bank to Power XMoney “Everything App,” Poised to Challenge Traditional Banks by Providing Superior Services

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Cross River Bank will power XMoney, part of the Elon Musk social media platform X. X has long held Fintech ambitions, aiming to become an “everything App.” X has emerged as the world’s community forum, offering global news and perspectives unfettered by opinion, where all… Read More

 

 




FATF Publishes Report on Decentralized Finance (DeFi), One Prominent Insider Says Report Falls Short

Following a targeted report on VASPs and digital assets, the FATF [Financial Action Task Force], a global coordinator of financial standards and illicit activity, has filed a report on decentralized finance, or DeFi. FATF standards are followed, and at times adhered to, by approximately 200… Read More

Fund Management Expected to be Completely Changed by AI – in the Next 12 Months

Fund and asset management is expected to be completely changed by artificial intelligence (AI). What is interesting, though, is the rapidity of this change, as it is predicted to undergo a transformation in the next 12 months. ClearWater Analytics anticipates that the entire fund management… Read More

Mercuryo Executive Comments on SparkKitty Malware Attack

SparkKitty is a Trojan horse-type malware hack that targets crypto accounts. While the malware has been around for a couple of years, recent reports about its prevalence on both Google Play and the Apple Store are reminders that consumers must always be diligent – even… Read More

NFL Presses CFTC for Stronger Safeguards on Sports Prediction Markets

The National Football League (NFL) has formally urged the Commodity Futures Trading Commission (CFTC) to significantly tighten its proposed framework governing sports-related event contracts, arguing that the current draft falls well short of safeguards needed to protect game integrity and market participants. In a letter dated… Read More

Decentralized Cloud Storage Network Provider, Storj Labs, Files for Bankruptcy

Storj Labs, the company operating a decentralized cloud storage network, has initiated a voluntary Chapter 11 bankruptcy proceeding as part of a planned financial restructuring. The filing took place on July 26, 2026, in the United States Bankruptcy Court for the Northern District of West… Read More

BitMine’s Ethereum (ETH) Holdings Climb to 5.79M Tokens Following $19.4M Acquisition

BitMine Immersion Technologies (NYSE: BMNR), a publicly traded firm focused on accumulating cryptocurrency assets for long-term investment, has disclosed that its Ethereum (ETH) position has grown to approximately 5.79 million tokens. This milestone follows the company’s purchase of nearly 9,950 ETH over the most recent week,… Read More

US Federal Judge Blocks Minnesota Prediction Market Ban in Significant Win for Polymarket and Kalshi

A federal judge has issued a preliminary injunction that blocks Minnesota from enforcing its newly enacted prohibition on prediction markets, delivering a major win to platforms including Polymarket and Kalshi just days before the measure was set to take effect.U.S. District Judge Katherine Menendez of… Read More

Robinhood Chain RWAs Surge as Tokenized Stocks Begin Trading in Larger Allocations

Robinhood’s (NASDAQ: HOOD) blockchain has recorded a sharp rise in real-world asset activity, with the value of tokenized equities and related holdings climbing rapidly in recent weeks. Data from analytics platforms shows the market capitalization of RWAs on the network has grown approximately fivefold over… Read More

Apex Fintech Must Rehire Engineer Fired for Criticizing DEI Efforts, NLRB Judge Rules

A National Labor Relations Board administrative law judge has determined that a financial technology firm unlawfully dismissed a data engineer after he posted public criticism of the company’s diversity, equity, and inclusion programs on social media. The ruling requires the company to restore the worker… Read More

US Treasury Broadens Sanctions on Babak Zanjani Network, Hitting Wider Commercial Support Structure for Zedcex

TRM Labs has noted that on July 24, 2026, the US Department of the Treasury’s Office of Foreign Assets Control (OFAC) significantly widened its Iran-related sanctions by designating additional individuals and companies linked to Iranian businessman Babak Zanjani and the associated Dot One commercial network…. Read More




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Crypto Exchange BitMart to Wind Down Trading Platform in Phased Closure

Cryptocurrency exchange BitMart has announced it will begin an orderly wind-down of its trading platform operations. The decision follows a thorough review of the company’s current operating conditions, the broader market environment, and its longer-term strategic priorities. Officials expressed deep regret over the move while… Read More

SEC Proposes Registered Offering Reform, House Representatives Voice Support for the Change

The Securities and Exchange Commission (SEC) proposed Registered Offering Reform this past May. The rule change has been receiving comments with a deadline of today. The goal is to make it easier for public firms, especially smaller ones, to raise money through a registered offering. A… Read More

AI Agents, Digital Assets Dominate Past Week’s Product Releases and Partnerships

Fintech innovators were busy integrating AI agents into their products and expanding into new markets. Wondergate’s Payment SaaS platform Payment SaaS platform is designed to help payment platforms and merchants rapidly build global acquiring capabilities. It contains Hong Kong MSO and US/Canada MSB licenses. A… Read More

US Senators Draft Alternative Ethics Language for the CLARITY Act After Rejecting White House backed Proposal

Ongoing efforts sharply focused on advancing more comprehensive cryptocurrency / blockchain market structure legislation in the US Senate have encountered significant new resistance over ethics rules that are intended to limit financial conflicts involving senior government officials and digital assets. Lawmakers from both parties are… Read More

Kingscrowd Extends Reg CF Offering on StartEngine

Kingscrowd, a leading data provider for online capital formation, is extending its Reg CF funding round listed on StartEngine. Typically, platforms in the funding portal/online capital formation sector will partner with another platform to raise money online. Kingscrowd covers data for both Reg CF and… Read More

Circle Purchases IBM Patents on Blockchain Technology

Circle Internet Group (NYSE: CRCL) says it has acquired IBM’s (NYSE:IBM) blockchain patent portfolio. The terms of the deal were not immediately available. In a release, Circle said it had purchased over 1000 issued patents worldwide that address banking, financial services, insurance, infrastructure, and more. Circle… Read More

The CLARITY Act Myth vs. Fact: Senate Banking Committee Counters Detractors to Crypto Market Bill

The CLARITY Act, crypto market-infrastructure legislation, is approaching a floor vote in the US Senate. While the typical negotiations continue between proponents and those seeking to undermine digital asset innovation, Senate Republicans have been working to highlight the benefits of the bill. The most recent… Read More

ADB Ventures, Japan’s JICA Launch Startup Funding Program for SE Asia and Pacific Expansion

Early-stage companies developing solutions in clean energy, sustainable agriculture, inclusive finance, and other priority sectors may receive up to $400,000 in seed funding under a new program launched by the Asian Development Bank (ADB) and the Japan International Cooperation Agency (JICA). ADB Ventures, the venture… Read More

Open Banking: Salt Edge Invests in Sientia

Open banking platform Salt  Edge has made a strategic investment in Sientia. Sientia is a “payments-linked advertising platform” that supports rewards, loyalty programs, and insight into purchasing activity. Sientia is a bootstrapped firm that works with global brands including Adidas, Ocado, Lyle & Scott, Honest… Read More

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