April 28, 2025 @ 11:11 pm By Omar Faridi  |  

Regtech SlowMist, a blockchain security firm, continues to solidify its role in the evolving Web3 ecosystem through innovative incident response, and collaborative defense strategies. Recent updates from Regtech SlowMist highlight their pivotal role in recovering stolen funds, advancing on-chain communication techniques, and fostering global cybersecurity… Read More

April 28, 2025 @ 11:06 pm By Omar Faridi  |  

Cryptocurrency exchange Bitget has announced plans to pursue legal action against eight accounts suspected of orchestrating a sophisticated market manipulation scheme involving the VOXEL token, resulting in illicit profits exceeding $20 million. The move comes in response to unusual trading activity detected on April 20,… Read More

April 28, 2025 @ 10:05 pm By Omar Faridi  |  

In a recent incident impacting the web3 and decentralized finance (DeFi) space, Term Finance, an Ethereum-based platform offering fixed-rate lending, reportedly recovered $1 million of the $1.6 million lost due to a misconfigured oracle in its Treehouse (tETH) market. The error is said to have… Read More

April 28, 2025 @ 10:01 pm By Omar Faridi  |  

Ov Finance has announced an update to its financial technology platform, introducing a suite of intelligent investment tools and digital lending features designed to support users in “achieving smarter and more responsive financial decision-making.” This upgrade reflects the company’s overall strategy of making finance more… Read More

April 28, 2025 @ 6:08 pm By Omar Faridi  |  

Mike Cagney, Co-founder and CEO of Figure Markets, who also founded SoFi, has outlined transformative changes on the horizon for financial markets driven by upcoming stablecoin legislation and blockchain innovations. These developments, expected to take shape by the August recess, could redefine the banking system,… Read More

April 28, 2025 @ 6:06 pm By Omar Faridi  |  

SoFi Technologies (NASDAQ: SOFI) has caught the attention of Wall Street analysts, with Citizens JMP recently sharing key insights. The firm has provided a generally positive outlook for SoFi’s stock performance, which has been attributed to the Fintech firm’s growth trajectory, improving profitability, and future… Read More

April 28, 2025 @ 6:05 pm By Omar Faridi  |  

Just a few days prior to US President Donald Trump’s second inauguration, financial technology firm Ramp had released a detailed blog post titled “The Efficiency Formula,” outlining strategies to curb wasteful government spending. The 4,000-word blog post, authored by Ramp’s CEO and a key investor,… Read More

April 28, 2025 @ 6:04 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, is proud to announce the raise of its $150 million Series D at a valuation increase over its last round. Thunes welcomes Apis Partners and Vitruvian Partners, two private equity firms, both globally recognized… Read More

April 28, 2025 @ 6:03 pm By Omar Faridi  |  

Kaspersky’s GReAT team has uncovered a new Lazarus campaign, combining a watering hole attack with the “exploitation of vulnerabilities in third-party software to target organizations in South Korea.” During the research, company experts have also “discovered a zero-day vulnerability in the widely used South Korean… Read More

April 28, 2025 @ 7:25 am By Omar Faridi  |  

Brightflag, the AI-powered enterprise legal management (ELM) platform, today announced a suite of new AI-powered spend management, matter management, and insights features “to further optimize legal work and spend for corporate legal teams.” Ian Nolan, co-founder and CEO of Brightflag said: “Brightflag has redefined enterprise… Read More

April 28, 2025 @ 7:19 am By Omar Faridi  |  

BitGo, the infrastructure provider of digital asset solutions, is pleased to announce that its Dubai subsidiary, BitGo Custody MENA FZE, has received a Virtual Assets Service Provider (VASP) operating license to provide Virtual Asset Custody Services and Staking, from Dubai’s Virtual Assets Regulatory Authority (VARA)…. Read More

April 28, 2025 @ 7:16 am By Omar Faridi  |  

Nexo, the global digital assets wealth platform, has announced its return to the United States after recognizing a more favorable regulatory environment under the Trump Administration. The re-entry was unveiled at a business session featuring addresses from Donald Trump Jr., EVP of The Trump Organization;… Read More

April 27, 2025 @ 11:40 pm By Omar Faridi  |  

The digital payment landscape is evolving rapidly, with recent developments highlighting the strengths and challenges of various providers. According to a study by Consumer Reports, digital wallets from fintech companies like Block and PayPal offer improved fraud monitoring and liability protection compared to those from… Read More

April 27, 2025 @ 11:12 pm By Omar Faridi  |  

Financial infrastructure Fintech Stripe, the $70 billion online payment processing firm, has announced a new stablecoin product powered by Bridge, a startup it acquired for $1.1 billion in October 2024. The initiative, shared by Stripe CEO Patrick Collison on X, marks the company’s expansion into… Read More

April 27, 2025 @ 10:11 pm By Omar Faridi  |  

Loopscale, a so-called decentralized finance (DeFi) protocol operating on the Solana blockchain, fell victim to a significant security breach, resulting in a loss of approximately $5.8 million. This amount represents 12% of the platform’s total value locked (TVL), which stood at around $40 million prior… Read More

April 27, 2025 @ 9:59 pm By Omar Faridi  |  

Bridging traditional finance or TradFi and decentralized finance or DeFi comes with great challenges, like regulation. SilentSwap, a cross-chain aggregator that sources liquidity from multiple decentralized platforms, is working to solve this challenge. On SilentSwap, institutional investors can engage with DeFi‘s products and services without… Read More

April 27, 2025 @ 9:35 pm By Omar Faridi  |  

Several of Wall Street’s largest banks, including Citigroup, BNP Paribas, and Natixis, found themselves entangled in the collapse of London-based firm Stenn, once heralded as a $1 billion trade-finance Fintech. The implosion, which unfolded rapidly, exposed critical oversights in due diligence and raised questions about… Read More

April 27, 2025 @ 9:33 pm By Omar Faridi  |  

A research report from NYDIG highlights a shift in Bitcoin’s (BTC) market behavior, positioning it as a potential non-sovereign store of value in a landscape of growing economic and geopolitical instability. But these signs are very early and a bit pre-mature to draw an definitive… Read More

April 27, 2025 @ 6:37 pm By Omar Faridi  |  

Spendesk, the spend management and procurement platform for mid-market companies, announces its company-wide adoption of Dust, European specialist in custom AI agents for enterprises. This collaboration enables Spendesk to increase efficiency, eliminate fragmented internal AI tool usage, and “ensure data security and compliance with UK… Read More

April 27, 2025 @ 5:50 pm By Omar Faridi  |  

The Federal Deposit Insurance Corporation (FDIC) announced plans to eliminate approximately 1,250 positions across most of its departments. This, according to an internal email that was reportedly sent to staff recently and obtained by American Banker. This significant reduction is part of the second phase… Read More