Omar Faridi

Riot Platforms Offloads 3,778 Bitcoin at $76,626 Avg as Crypto Mining Firms Accelerate BTC Liquidations

Riot Platforms (NASDAQ: RIOT) has offloaded 3,778 Bitcoin during the first three months of 2026, securing an average net sale price of $76,626 per coin and generating roughly $289.5 million in proceeds. The Texas-based mining operation disclosed the transactions as part of its quarterly production… Read More

Bank of England and PRA Set Out Roadmap for Responsible AI Adoption in Finance

In a recent reply released this month, the Bank of England as well as the Prudential Regulation Authority (PRA) have responded to a government request from HM Treasury, the Department for Science, Innovation and Technology, and the Department for Business and Trade. The letter, signed… Read More

Ireland’s Inflation Climbs Near Eurozone Peak as Energy Costs Surge, Report Reveals

Ireland’s harmonized index of consumer prices (HICP) has accelerated sharply, reaching levels that now place the country among the highest in the euro area, according to fresh analysis from Bank of Ireland. The latest preliminary data from the Central Statistics Office showed the annual rate… Read More

Agentic Commerce May Enhance Digital Transactions, Improve UX : Research

Juniper Research has released a whitepaper examining the rise of agentic commerce and questioning whether it represents a genuine breakthrough in digital transactions or merely a temporary excitement. The analysis explores the forces accelerating its uptake, highlights significant obstacles, and provides a high-level projection of… Read More

Businesses Now Open to AI-to-AI Negotiations But Require Override Capabilities, Report Claims

A Visa (NYSE: V) research study sheds new light on the evolving landscape of commerce, showing that artificial intelligence is poised to play a far more active role in everyday transactions. Released on April 2, 2026, the report—titled Visa Defines the Next Era of Commerce:… Read More

OpenAI Secures New Funding as AI Investments Surge, Driving Advancements Across Fintech, Web3 Ecosystems

OpenAI has closed a new funding round, securing $122 billion in committed capital and achieving a post-money valuation of $852 billion. This substantial investment, backed by prominent partners including Amazon, NVIDIA, SoftBank, and Microsoft, along with numerous global institutions and venture firms, underscores the company’s… Read More

Banks Adapting to Digital Transformation By Overhauling Risk Management : Analysis

Banks are poised for a major overhaul in how they handle day-to-day risk oversight. A new analysis from Oliver Wyman highlights how first-line risk management (FLRM) units—often called the control teams embedded within business operations—can slash expenses while boosting overall protection against nonfinancial threats. Over… Read More

Bithumb Postpones IPO Plans as Crypto Exchanges Hit Pause Amid Geopolitical Uncertainty

Bithumb, one of South Korea’s cryptocurrency exchanges, has pushed its initial public offering (IPO) plans further into the future, targeting a listing no earlier than after 2028. This marks another extension from earlier IPO plans that once eyed a public debut as soon as the… Read More

Paradigm Explores Deeper Role in Prediction Markets with Pro Trader Platform and Liquidity Support

Venture capital firm Paradigm is poised to expand its footprint in the rapidly expanding prediction markets sector by developing a dedicated trading terminal tailored for sophisticated participants. According to sources cited by Fortune, the firm—already a significant backer of leading platforms in the space—is crafting… Read More

CFTC Finalizes Enforcement Action Against Former FTX Head of Engineering

The Commodity Futures Trading Commission (CFTC) announced on April 1, 2026, that a federal court in New York has entered a supplemental consent order resolving its enforcement action against Nishad Singh, the former head of engineering at the collapsed cryptocurrency exchange FTX. The order requires… Read More

Oracle’s Workforce Reductions Amid Accelerating AI Adoption Have Broader Implications for Fintech Sector

Oracle Corporation (NYSE: ORCL) recently initiated large-scale staff reductions, affecting thousands of employees worldwide as part of a cost-cutting drive. This move coincides with an explosive global uptake of artificial intelligence technologies, where businesses are pouring considerable resources into AI-powered tools and infrastructure to stay… Read More

UK Fintech VibePay Begins Liquidation Process After Founder’s Departure 

Official filings lodged with Companies House confirm that VibePay, the British specialist in direct account-to-account transfers, has moved into voluntary liquidation. The development follows the resignation of its founder and former chief executive, Luke Massie, who departed the business in December 2025. VibePay emerged as… Read More

Digital Assets Market Demonstrates Resilience Amid Middle East Conflict : Research

Grayscale indicated that in a month dominated by escalating conflict in the Middle East, cryptocurrency assets stood out by delivering modest positive returns while traditional markets broadly retreated. According to Grayscale Research‘s latest analysis, the ongoing war in Iran triggered a sharp spike in energy… Read More

Agentic Technology Provider SmartLayer Winds Down Operations

SmartLayer has announced the end of its operations. The venture, which positioned itself as an autonomous operating platform aimed at orchestrating household finances, resource management, and daily economic interactions through intelligent, self-directed digital assistants, wrapped up activities after roughly three years in the market. Launched… Read More

Crypto Exploit Losses Climb Sharply in March 2026 as Security Threats Evolve, Report Reveals

Blockchain security firm PeckShield has reported that cryptocurrency hacks and related vulnerabilities resulted in roughly $52 million in stolen funds during March 2026. The total stemmed from about 20 significant incidents, marking a 96 percent jump from February’s $26.5 million haul and reversing a brief… Read More

DeFi Hack : Solana based Drift Protocol Hit by Record $285M Exploit

Solana-based perpetual futures exchange Drift Protocol fell victim to a large-scale security breach on April 1, 2026. On-chain monitoring firms reported that attackers siphoned roughly $285 million in various cryptocurrencies from the platform’s primary vault, marking one of the most substantial DeFi incidents of the… Read More

EDX Markets, Backed by Citadel and Charles Schwab, Applies for National Trust Bank Charter

As part of the ongoing movement that is focused on blending traditional finance with cryptocurrency infrastructure, EDX Markets has submitted an application to the Office of the Comptroller of the Currency (OCC) for a national trust bank charter. The institutional cryptocurrency exchange, supported by key… Read More

Fellowship PAC: Tether Exec Appointed Chair of Major Crypto PAC as Stablecoin Regulation Debates Continue in Washington

In a key shift for cryptocurrency advocacy in U.S. politics, a major super PAC dedicated to digital asset innovation has installed a senior leader from the issuer of the world’s dominant stablecoin at its helm. The move highlights growing alignment between industry heavyweights and political… Read More

Digital Bank Monzo Winds Down US Operations to Prioritize UK and Europe Expansion

London-based digital banking provider Monzo Bank Ltd. has announced the complete closure of its American operations, marking a significant strategic retreat from the world’s largest financial market after several years of underwhelming results. The fintech company, long known for its sleek app-based banking services and… Read More

Chainalysis Examines Cryptocurrency’s Expanding Role in Funding Acquisition of Drones

In an era where affordable commercial drones are reshaping modern warfare, blockchain analytics firm Chainalysis has detailed how cryptocurrency is quietly financing their acquisition by both state-linked and non-state actors. Released on March 30, 2026, the report illustrates a shift from traditional banking to digital… Read More

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