August 20, 2026 @ 2:57 pm By Omar Faridi  |  

Maya Protocol, a decentralized cross-chain liquidity network that facilitates native swaps of assets such as Bitcoin and Ethereum without centralized intermediaries or wrapped tokens, experienced a major security breach in mid-August 2026. An attacker combined multiple software vulnerabilities to manipulate the protocol’s internal accounting, withdraw… Read More

August 20, 2026 @ 2:29 pm By Omar Faridi  |  

Federal prosecutors in Georgia have publicly detailed criminal charges against Edward Zimbardi following his recent return to the United States from Fiji. The 59-year-old resident of Flowery Branch stands accused of orchestrating a large-scale investment fraud that authorities say diverted more than $165 million from… Read More

August 20, 2026 @ 11:51 am By Omar Faridi  |  

Two international banks have completed the inaugural live interbank transaction involving tokenized deposits on a blockchain-enabled platform developed by Swift. The milestone, announced on August 19, 2026, underscores growing progress toward seamless, round-the-clock cross-border payments using regulated bank-issued digital money. Standard Chartered (LON: STAN) and… Read More

August 20, 2026 @ 9:28 am By Omar Faridi  |  

A planned revival of the stalled Bitcoin (BTC) network focused BIP-110 minority chain is once again drawing attention to longstanding risks tied to contentious Bitcoin forks, including chain splits and the absence of replay protection. BIP-110, known formally as the Reduced Data Temporary Softfork, aimed… Read More

August 20, 2026 @ 8:12 am By Omar Faridi  |  

Binance reported that its internal monitoring systems identified and helped neutralize a suspicious governance proposal targeting a decentralized autonomous organization. The DAO proposal, which appeared designed to compromise access to the project’s treasury holdings valued at approximately $1.2 million, was reportedly detected with fewer than… Read More

August 20, 2026 @ 8:10 am By Omar Faridi  |  

Japanese firm Metaplanet is expanding its bitcoin strategy into the United States by taking a controlling interest in Nasdaq-listed Super League Enterprise. Under a definitive agreement announced on August 18, 2026, Metaplanet will transfer 2,100 bitcoin—valued at roughly $132.1 million—plus $2.5 million in cash. In… Read More

August 20, 2026 @ 7:10 am By Omar Faridi  |  

Shares in the Swedish buy-now-pay-later (BNPL) Fintech Klarna Group (NYSE: KLAR) plunged sharply after the company scaled back its full-year projections for revenue and related transaction metrics, overshadowing an otherwise solid set of second-quarter figures. The company stock fell as much as 22 percent on… Read More

August 20, 2026 @ 1:13 am By Omar Faridi  |  

Bengaluru-based fintech company Navi has secured a $100 million investment from Dutch technology investor Prosus, marking the firm’s first raise of external institutional capital. The deal, announced on August 19, 2026, involves MIH Payments Holdings BV, an indirect wholly owned subsidiary of Prosus, and remains… Read More

August 19, 2026 @ 10:47 pm By Omar Faridi  |  

China’s central bank has taken another significant step in advancing its state-backed digital currency by incorporating additional commercial lenders into the operational framework for the electronic yuan, commonly referred to as the e-CNY. On August 17, 2026, the People’s Bank of China (PBOC) announced the… Read More

August 19, 2026 @ 9:46 pm By Omar Faridi  |  

Shares of  surged nearly sixfold on their first day of trading in Shanghai, marking a key moment for China’s humanoid robotics industry. The Hangzhou-based company, widely regarded as the country’s leading maker of advanced robots, opened at 1,100 yuan on the technology-focused STAR Market—far above… Read More

August 19, 2026 @ 7:23 pm By Omar Faridi  |  

Total payment volumes in the UK reached 49.7 billion in 2025, marking a 2% year-on-year rise, according to data from UK Finance. This figure reflects a maturing digital payments landscape in which consumers drove the majority of activity—41.6 billion transactions—while businesses, government bodies and not-for-profit… Read More

August 19, 2026 @ 4:07 pm By Omar Faridi  |  

Trading Technologies International (TT), a provider of capital markets technology solutions, has partnered with Crypto.com to broaden institutional access to regulated prediction markets and cryptocurrency derivatives. The collaboration will integrate connectivity to OG.com—Crypto.com’s CFTC-regulated exchange and clearinghouse—directly into the TT platform.The link to OG.com’s prediction… Read More

August 19, 2026 @ 12:19 pm By Omar Faridi  |  

Razorpay has introduced Vulcan, described as India’s transformer-based artificial intelligence foundation model purpose-built for payments. Developed in collaboration with NVIDIA (NASDAQ:NVDA) and Amazon Web Services, the system aims to enhance the reliability, security, and efficiency of digital transactions across the country’s complex payments landscape. Unlike… Read More

August 19, 2026 @ 12:12 pm By Omar Faridi  |  

Xceptor, a provider of data automation tools tailored for capital markets, has expanded its cloud-based software delivery model by introducing sovereign-grade Software-as-a-Service options in Switzerland and Japan. This development addresses the heightened needs of financial organizations in these regulated environments, where strict rules govern data… Read More

August 19, 2026 @ 10:37 am By Omar Faridi  |  

Citigroup (NYSE: C) has unveiled Custody+, a new modular suite of near- and real-time custody services designed to help institutional clients operate in an environment of continuous markets, shorter settlement cycles, and growing reliance on technology and artificial intelligence. The launch, announced by Citi Investor… Read More

August 19, 2026 @ 8:37 am By Omar Faridi  |  

Quartr, a Stockholm-based provider of specialized financial data and research tools, has closed an $18 million funding round. Longtime backer Altos Ventures led the investment, with additional participation from new investor SEB. As a result of this round, Altos has become the company’s largest shareholder, underscoring strong… Read More

August 19, 2026 @ 8:24 am By Omar Faridi  |  

London-based payments Fintech Modulr has reached a key milestone by becoming a direct pa rticipant in the CHAPS high-value payment scheme, settling transactions straight through the Bank of England. This development positions the company as a non-bank payment service provider in the United Kingdom with… Read More

August 19, 2026 @ 7:38 am By Omar Faridi  |  

BitMEX co-founder Arthur Hayes has announced his return to a hands-on leadership role, taking the helm as CEO of Flop Labs. The new venture centers on developing Flop Network and its native token, FLOP, positioned as essential infrastructure for what Hayes describes as the coming… Read More

August 19, 2026 @ 6:39 am By Omar Faridi  |  

PPRO announced a collaboration with BLIK aimed at advancing agentic commerce capabilities specifically for domestic payments in Poland. The partnership focuses on integrating the popular Polish mobile payment system into the growing ecosystem of AI-driven shopping experiences, where autonomous agents handle discovery, selection, and transactions… Read More

August 19, 2026 @ 12:12 am By Omar Faridi  |  

South Korea’s regional banking landscape is taking a step forward in digital finance. Jeonbuk Bank has entered a partnership with Ripple to implement Ripple Payments for international remittances, positioning the lender as the first regional bank in the country to adopt the platform for this… Read More