Omar Faridi

Kalshi Rolls Out Institutional Market Data Feed via DoubleZero Edge

Prediction market platform Kalshi has made its live order book available for the first time through DoubleZero Edge, a so-called low-latency data delivery service. The partnership now positions Kalshi as the inaugural prediction market on the platform and (reportedly) only the second venue overall, following… Read More

SEC Clears Path for Franklin Templeton Funds to Use Onchain Money Market Vehicle for Cash Management

The Securities and Exchange Commission’s (SEC), Division of Investment Management has issued a no-action letter on August 12, 2026, allowing Franklin Templeton’s registered funds to invest in the firm’s own blockchain-based money market fund for cash management purposes. The letter addresses custody arrangements under Section… Read More

Digital Bank Revolut Scales Back WeWork Access for Premium Members After Fee Dispute

Digital bank Revolut reportedly scales back WeWork access for its premium membersRevolut, one of Europe’s leading digital banks, has quietly reduced the WeWork coworking space benefits available to customers on its higher-tier paid plans. The change, which took effect in early August 2026, followed negotiations… Read More

AI: HSBC Asset Management Takes Equity Stake in London based Model ML

HSBC Asset Management, part of HSBC (NYSE: HSBC), has taken an equity stake in Model ML, a London-based startup developing specialized artificial intelligence (AI) tools for the financial sector. The investment, channeled through HSBC Asset Management’s primary venture capital approach, arrives as institutions increasingly prioritize… Read More

European Digital Bank N26 Introduces Wero for Instant Payments in Germany, France

European digital bank N26 has rolled out support for Wero, the pan-European instant payment system, inside its mobile app. The Berlin-based neobank announced the integration on 11 August 2026, making the service available to eligible customers in Germany and France. A gradual expansion to additional… Read More

AI focused MARA Holdings Secures Bitcoin (BTC) Collateralized Credit Facility to Advance Energy Infrastructure Expansion

MARA Holdings (NASDAQ: MARA) has obtained a $450 million lending arrangement backed by Bitcoin from Coinbase Prime. This facility forms part of a broader financing package designed in part to support the company’s planned purchase of Long Ridge Energy, a substantial power generation and digital… Read More

Ethereum Proposal : Tapered Issuance Burn Under EIP-8361 Could Burn Validator Rewards to Zero Once Half of ETH Is Staked

Ethereum researchers have put forward a draft improvement proposal designed to reshape how the network handles rewards for those securing it through staking. Known as the Tapered Issuance Burn under EIP-8361, the idea centers on gradually destroying a growing portion of the newly issued tokens… Read More

Astraeus, an AI native Infrastructure Platform for Wealth Management Firms, Introduced by Ex MoneyLion Executives

Two former executives from the mobile banking Fintech MoneyLion have secured more than $10 million in funding to launch Astraeus, an artificial intelligence-powered infrastructure platform aimed at wealth management companies. The New York-based startup seeks to solve longstanding issues of fragmented technology systems that hinder… Read More

UK Lawmakers Press Banks Over Restricted Services for Cryptocurrency Firms

A cross-party group of United Kingdom parliamentarians has formally challenged various banks over their reluctance to provide accounts and related services to companies focused on cryptocurrency and digital assets. The move highlights ongoing friction that industry participants say threatens the sector’s ability to expand within… Read More

Ethereum L2 and Arbitrum Tech enabled Robinhood Chain Records Steady Increase in Daily Transactions

Robinhood

Robinhood Chain, the Ethereum Layer 2 built by the trading platform using Arbitrum technology, has shown strong recent throughput. Over the most recent full week of available data, the network processed an average of approximately 11.6 million transactions each day. This level set a new… Read More

Royal Bank of Canada and Bank of Montreal Divest Moneris Solutions to Francisco Partners

Two of Canada’s financial institutions, Royal Bank of Canada (RBC) and Bank of Montreal (BMO), have reached an agreement to sell their jointly owned payments processing company, Moneris Solutions Corporation, to the technology-focused private equity firm Francisco Partners. The all-cash deal is valued at approximately… Read More

Bitwise Asset Management Reduces Workforce Amid Extended Bitcoin and Crypto Bear Market

San Francisco-based crypto asset manager Bitwise Asset Management has trimmed roughly 14 percent of its global staff, bringing its headcount down from approximately 180 employees to around 155. The company confirmed the reduction in an emailed statement, noting that the changes took place during an… Read More

Harmony Devs Confirm Major Exploit Involving Unauthorized Creation of ONE Crypto Tokens

Developers behind the Harmony blockchain protocol have officially acknowledged a significant security breach that allowed the unauthorized generation of a large volume of additional ONE tokens, the network’s native digital asset. The confirmation comes after on-chain observers first highlighted unusual activity involving the sudden appearance… Read More

CFTC Invokes Emergency Powers to Keep Prediction Markets Platform Kalshi Operational

The Commodity Futures Trading Commission (CFTC) has invoked emergency powers to maintain orderly operations in regard to prediction markets. The action followed a formal alert from KalshiEX, LLC regarding an emerging market disruption. The move stems from a lawsuit initiated by New York Attorney General… Read More

Nasdaq to Acquire LeveL Markets as Part of Always-On Markets Push

Nasdaq (NASDAQ: NDAQ) has entered into a definitive agreement to purchase all equity interests in LeveL Markets LLC, a US off-exchange equity trading venue. The deal, announced on August 11, 2026, supports the exchange operator’s broader strategy of developing continuous, always-available market infrastructure that bridges… Read More

Bitcoin Policy Institute Joins Other Digital Assets focused Organizations to Demand Open-Source Defenders with Access to Frontier AI Models

On August 10, 2026, the Bitcoin Policy Institute, joined by a wide-ranging alliance of more than 40 organizations spanning the digital asset sector, released an open letter directed at the developers of advanced artificial intelligence systems. The document urges these labs to create reliable channels… Read More

US Regulators Target Goliath Ventures in Alleged Crypto Ponzi Scheme

Federal market regulatory authorities in the US including the SEC and CFTC have escalated their response to a major alleged cryptocurrency fraud involving Goliath Ventures Inc. and its founder. On August 11, 2026, the Securities and Exchange Commission filed civil charges in the U.S. District… Read More

Amex Ventures Backs Fazeshift to Enable AI-Driven Finance Automation

San Francisco-based Fazeshift, an artificial intelligence platform focused on automating financial operations, has received backing from Amex Ventures, the corporate venture capital unit of American Express (NYSE: AXP). The investment, announced on August 11, 2026, will help the company broaden its technology beyond its core accounts… Read More

AUSTRAC Suspends Cryptolink Operations, Taking Crypto ATMs Offline Over Compliance Concerns

Australia’s financial intelligence agency has temporarily halted operations of a major cryptocurrency ATM network, citing ongoing failures to meet anti-money laundering and counter-terrorism financing rules. AUSTRAC suspended the registration of Cryptolink Pty Ltd as a Virtual Asset Service Provider for three months, effective from 9… Read More

Connecticut Judge Rules Kalshi Sports Contracts Never Qualified as Swaps

Gavel Court Legal Trial Law rawpixel unsplash

A federal judge in Connecticut has rejected prediction-market operator Kalshi’s bid for emergency protection from state gambling enforcement, determining that the company’s sports-related event contracts do not meet the legal definition of swaps under federal commodities law. As a result, the Commodity Futures Trading Commission’s… Read More

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