October 28, 2024 @ 2:34 pm By Omar Faridi  |  

YouLend, an embedded financing platform, announces that it has secured a financing facility with funds managed by Castlelake, a global alternative investment firm that focuses on asset-based private credit The facility reportedly broadens YouLend’s investor base in the US and increases its available capital, which… Read More

October 28, 2024 @ 2:27 pm By Omar Faridi  |  

Innovative tech in stationary retail optimizes processes and has a positive impact on the shopping experience for consumers in Germany, according to a new report. One example of this is self-checkout tills (SCO tills). While they are still used more frequently by younger customers, the… Read More

October 28, 2024 @ 2:20 pm By Omar Faridi  |  

Infosec VC (venture capital) funding in North America and Europe is in the midst of a “rebound,” according to a report from PitchBook which noted that that the ecosystem is driven primarily by late-stage rounds. PitchBook pointed out that they have tracked $8.8 billion in… Read More

October 28, 2024 @ 2:15 pm By Omar Faridi  |  

PrimeVault, a key player focused on institutional digital asset infrastructure backed by Y Combinator, Arrington XRP Capital, HashKey Capital, Cogitent Ventures, Alchemy, and G-20 Group, announced that it is adding support for the Radix Network within its platform. This integration enhances Radix’s accessibility to institutions,… Read More

October 28, 2024 @ 6:33 am By Omar Faridi  |  

UK based startups are managing to stay ahead of Germany and China in terms of total funding raised during Q3 2024. This, despite an overall decline, according to Tracxn Research. Tracxn’s latest analysis of the UK tech funding landscape reveals a number of  key /… Read More

October 28, 2024 @ 6:25 am By Omar Faridi  |  

FT Partners Research is announcing the release of their Q3 2024 FinTech Insights report, providing a review of FinTech deal activity with analysis across private company financings, IPOs, M&A transactions. The third quarter wrapped up with public markets “at all-time highs,” again, much-awaited interest rate… Read More

October 28, 2024 @ 6:22 am By Omar Faridi  |  

Retail investors in Belgium and the Netherlands now have access to IPO’s and other regulated fundraises, including deals previously only open for institutional investors. BUX, part of ABN AMRO Bank N.V., is the pan-European partner to adopt PrimaryBid’s capital markets platform, providing retail investors in… Read More

October 27, 2024 @ 11:45 pm By Omar Faridi  |  

Cross River Bank has recently released an extensive statement on the proposed requirements for custodial deposit accounts. Gilles Gade, Founder and CEO at Cross River Bank, stated that during this past year, the collapse of Synapse triggered a fallout with their FDIC Insured banking partner,… Read More

October 27, 2024 @ 10:45 pm By Omar Faridi  |  

  Luke Plaster, Chief Security Architect at io.finnet, has shared his unique perspective with CI on a range of topics including digital asset security. In a world where digital asset security is paramount, io.vault by io.finnet is said to be breaking new ground with it’s… Read More

October 27, 2024 @ 10:44 pm By Omar Faridi  |  

The team at Blockdaemon has shared key crypto / digital assets industry insights which aim to take a closer look at the various US Congressional actions in 2024. Sam Kim notes in a recent blog post by Blockdaemon that their overview of recent U.S. regulatory… Read More

October 27, 2024 @ 10:43 pm By Omar Faridi  |  

IAIM has partnered with Holtara in order to further embed sustainable lending best practice. Investec Bank plc recently announced that its Alternative Investment Management business (IAIM) has entered a partnership with sustainability services provider Holtara, part of the Apex Group. The partnership will seek to… Read More

October 27, 2024 @ 10:16 pm By Omar Faridi  |  

Solana (SOL) network activity typically peaks during US hours, though it appears to be “skewed” more towards Pacific Coast time zones when compared to Bitcoin (BTC) and Ethereum (ETH), according to an in-depth analysis from Coinbase Institutional. The research report noted that the concentration of… Read More

October 27, 2024 @ 9:40 pm By Omar Faridi  |  

The global stablecoin supply is reportedly down 2.7% from a peak on Aug. 30, but is now expected to pick back up as digital token prices continue to climb higher as we get closer to the US elections. This, according to research report from OurNetwork…. Read More

October 27, 2024 @ 9:33 pm By Omar Faridi  |  

Like other parts of the world, Asia also requires significant capital in order to upgrade its infrastructure. Andrew Tan in a detailed blog post has recently made the case for making strategic investments in the underserved middle market. Back in 2018, the Global Infrastructure Hub,… Read More

October 27, 2024 @ 8:40 pm By Omar Faridi  |  

Digital assets firm Gemini has shared key crypto market updates for the past week including how US Spot Bitcoin ETFs have managed to reverse their inflow streak. In addition to this, Tether (USDT) reached new heights, as Bitcoin (BTC) price approaches the critical $70K mark… Read More

October 27, 2024 @ 8:14 pm By Omar Faridi  |  

Kaspersky’s Global Research and Analysis Team (GReAT) uncovered a sophisticated malicious campaign by the Lazarus Advanced Persistent Threat (APT) group, targeting cryptocurrency investors worldwide. The attackers allegedly used a “fake” cryptogame website that exploited a zero-day vulnerability in Google Chrome to “install spyware and steal… Read More

October 27, 2024 @ 7:48 pm By Omar Faridi  |  

Stablecoin USDT issuer Tether slams WSJ’s “irresponsible reporting,” and says it stands by its “strong’ law enforcement track record. Notably, Tether’s reaction / response comes shortly after the WSJ reported that the stablecoin issuer could be under investigation by US authorities, possibly (and allegedly) including… Read More

October 27, 2024 @ 7:37 pm By Omar Faridi  |  

L&G has bolstered its private markets platform with an equity stake in Taurus and commits up to $200m to high growth real estate sectors in the US. This partnership reportedly enhances L&G’s Private Markets capabilities in the region, while also addressing investor demand for real… Read More

October 27, 2024 @ 4:47 pm By Omar Faridi  |  

Ethereum co-founder Vitalik Buterin recently shared a number of ways to cut down on Ethereum’s bloat in the leading smart contract platform’s “Purge” update roadmap. Cutting down the requirement for each network node to have to permanently maintain all history along with unnecessary protocol details… Read More

October 27, 2024 @ 4:46 pm By Omar Faridi  |  

International law firm Proskauer revealed the results of its Q3 2024 Private Credit Default Index, with an overall default rate of 1.95%. As mentioned in the latest update from Proskauer, the Q3 default rate is a decrease from 2.71% in the prior quarter. However, Proskauer… Read More