JD Alois

Cloudflare Hack: Xapo Bank Executive Comments on Data Breach

Cloudflare, a company that operates in just about every country, serving many Fortune 500 Companies as well as many smaller firms, suffered a security breach last month, causing the tech firm to caution its customers about the potential for nefarious intrusions after the hack stole… Read More

JP Morgan Chase to Launch Digital Bank in Germany

JP Morgan (NYSE:JPM) will launch a digital bank serving the German market in early 2026. This will be JPM’s second entry in the European market to offer a retail digital bank solution. While digital banks are readily available in Germany, JPM has a significant share… Read More

SEC, CFTC Partner on Crypto Initiative Regarding Trading Spot Crypto

The SEC’s Division of Trading and Markets and the CFTC’s Division of Market Oversight and Division of Clearing and Risk have issued a statement on the joint initiative regarding spot crypto trading. The announcement is associated with the President’s Working Group on Digital Asset Markets… Read More

Echobit Gains VASP License in Europe

Crypto exchange Echobit has gained a VASP license in the Czech Republic. The license will enable the platform to operate in the Czech Republic and multiple EU member states, according to a release. The company also shares that in South Korea, it has partnered with… Read More

Wealth Management Firm Pave Raises $14 million in Seed Round

Pave Finance has raised $14 million in Seed financing in a funding round that was said to be oversubscribed. Pave, which just announced its commercial launch, is an artificial intelligence (AI) platform for personalized wealth management. The funding was said to come from former executive… Read More

Wall Street on Ethereum: Etherealize Raises $40 Million

Etherealize has raised $40 million in a funding round led by Electric Capital and Paradigm. The company previously received a grant from Ethereum creator Vitalik Buterin and the Ethereum Foundation in 2024. Etherealize holds a mission of building the infrastructure for Wall Street using the… Read More

SBE Council Welcomes House Committee Review of European Laws Harming US Firms

The Small Business and Entrepreneurship Council (SBE Council) has issued a statement regarding the House Judiciary Committee hearing addressing European laws that harm US firms. The EU  and UK have enacted multiple laws that solely impact US firms – typically, US big tech. While crafted… Read More

Crowdcube Announces Launch of Later Stage Investments

Crowdcube, a leading investment crowdfunding platform based in the UK, has announced the advent of later-stage investments, adjusting its offerings for its 1.9 million investors. The platform states that its first later-stage offering is for Bolt. Start-ups and early-stage firms make highly risky investments. Most… Read More

Cloudflare Hacked, Firm Tells Users to Change Info Now

Cloudflare (NYSE:NET), a leading internet infrastructure provider used by numerous prominent firms, including financial services companies, has issued a notice indicating a hack of their platform occurred between August 12 and August 17, resulting in access to customer information, including user tokens. The company said… Read More

Hong Kong Firm Solowin Says it Will Get US Bank License via Acquisition

Solowin (NASDAQ: SWIN), a Hong Kong-based financial services firm that is in the digital asset sector, says it will gain a US banking license via the acquisition of an unnamed chartered bank. Solowin says that it is in “advanced stages” of the acquisition, adding that… Read More

Germany: Digital Asset Custodian Tangany Raises €10 Million in Series A

Tangany, a  German digital asset custodian, has raised €10 million in Series A funding. Tangany is regulated by Bafin (the German securities regulator), and the company states it is preparing for Europe-wide expansion under EU MiCA rules. The funding was led by Baader Bank, Elevator Ventures… Read More

Hashgraph Now Offers Crypto Free Transactions with Hedera

Hashgraph now offers crypto-free transactions for its users. According to the Hashgraph Group, firms no longer need to hold HBAR, Hedera’s native crypto to enable payments. The group hopes this will spur more enterprise adoption, as users may build on Hedera without needing crypto. Labeled… Read More

Digital Bank Zopa Acquires Payments Provider Rvvup

Zopa Group, a digital bank, has acquired payments platform Rvvup in a move that is expected to 3X its  embedded finance business in two years. The acquisition is predicted to boost its point of sale credit services supporting all payment options. The acquisition is Zopa’s… Read More

Klarna Files to Raise $1.27 Billion in an Initial Public Offering, Shares to Trade on NYSE

European payments Fintech Klarna has filed to raise $1.27 billion in an initial public offering (IPO). Founded in Sweden but now based in the UK, Klarna shares are expected to trade on the New York Stock Exchange (NYSE) under the ticker “KLAR.: The offering includes… Read More

Tokenization: Real Estate Platform MetaWealth. Partners with One United Partners On Real Estate Offering

Real estate investment platform MetaWealth is working with One United Properties (BVB: ONE) to tokenize €17.9 million of property-backed bonds. The targeted return has been set at 19%, according to a company statement. The bonds are said to be issued under Luxembourg law. One United… Read More

TrueLayer Says They are Driving Open Banking Growth

Earlier today, an update from Open Banking Limited (OBL) reported that open banking in the UK has topped 15 million users, including individuals and businesses, as of July 2025. This represents a 50% increase from the 10 million users recorded just a year prior, highlighting the… Read More

Angel Studios Returns to Crowdfunding to Raise More Money, Compares Itself to Netflix Before it Went Public

Angel Studios, a values-driven online streaming service, is raising additional funds through an online securities offering. With the sale ending this weekend, Angel Studios reports having topped $47 million in a Reg A offering hosted by Rialto. Investors are purchasing common shares for a minimum… Read More

CoinShares Reports Q2 Earnings

European digital asset firm CoinShares (OTCQX: CNSRF) has reported its Q2 results ending June 30, 2025. Coinshares said it earned a net profit of $32.4 million an improvement compated to Q2 2024 at $31.8 million. “Total comprehensive income” was $33.0 million compared to Q2 2024… Read More

As New York Chases Affluent Out of the State, Tax Revenue Declines

While the state of New York and New York City continue to raise taxes on the wealthy, the amount of revenue declines, according to a report. Of course, this paradigm seems obvious to all, except for politicians who make these decisions, it seems. The Laffer… Read More

Blockchain: US Department of Commerce Puts Economic Data Onchain by Partnering with Chainlink

  The US Department of Commerce has put its macroeconomic data onchain in partnership with Chainlink, according to a public statement. The information from the Bureau of Economic Analysis (BEA) will include Gross Domestic Product (GDP), Personal Consumption Expenditures (CPE) Price Index, and Real Final… Read More

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