Global

September 8, 2025 @ 1:22 am By Omar Faridi  |  

Digital bank Revolut has appointed Frédéric Oudéa, former CEO of Societe Generale, as chairman of its newly established Western Europe operation. This new hire underscores Fintech Revolut’s push to challenge traditional brick-and-mortar banks across the region, leveraging Oudéa’s experience in global banking to steer its… Read More

September 8, 2025 @ 12:58 am By Omar Faridi  |  

NorthWall Capital, a London-based credit investment firm, has announced the opening of its New York office, marking a key milestone in its growth strategy and deepening its commitment to North American investors. This expansion underscores the firm’s plans to enhance its global presence and better… Read More

September 8, 2025 @ 12:20 am By Omar Faridi  |  

BitMine Immersion Technologies recently announced the addition of 54,937 ETH, valued at approximately $237 million, to its Ethereum treasury. This acquisition further cements BitMine’s position as the world’s largest corporate holder of Ethereum, with its total holdings now exceeding 1.86 million ETH, worth over $8… Read More

September 7, 2025 @ 8:51 pm By Omar Faridi  |  

Elliptic, a firm focused on blockchain analytics and digital asset decisioning, has made significant strides in advancing cryptocurrency compliance and risk management through a strategic partnership with BVNK and the expansion of its blockchain coverage to over 50 networks (reported earlier this year). These developments… Read More

September 7, 2025 @ 8:47 pm By Omar Faridi  |  

The tech sector is witnessing a significant shift, with private companies staying private longer and attracting late-stage funding, particularly in artificial intelligence. This, according to a report from CB Insights. August 2025 marked a pivotal moment for the industry, as mega-rounds—funding deals exceeding $100 million—continued… Read More

September 7, 2025 @ 8:44 pm By Omar Faridi  |  

In a recent development for the cryptocurrency and commodities markets, Tether, one of the world’s stablecoin issuers, is intensifying its investment in gold, aligning its strategy with El Salvador’s recent move to bolster its national reserves with the precious metal. This convergence of interests highlights… Read More

September 7, 2025 @ 8:21 pm By Omar Faridi  |  

Honeywell (NASDAQ: HON) announced a $600 million equity capital raise for its quantum computing subsidiary, Quantinuum, at a pre-money equity valuation of $10 billion. This funding round, one of the largest in the quantum computing sector to date, underscores the investor confidence in Quantinuum’s mission… Read More

September 7, 2025 @ 3:44 pm By Omar Faridi  |  

Citi Wealth, part of Citigroup (NYSE: C), has announced a partnership with BlackRock (NYSE: BLK) to launch Citi Portfolio Solutions powered by BlackRock, a customized portfolio offering designed to elevate the investment experience for its global clientele. Unveiled this month, this collab reportedly combines Citi’s… Read More

September 7, 2025 @ 3:22 pm By Omar Faridi  |  

Goldman Sachs (NYSE: GS) and T. Rowe Price announced a strategic collaboration aimed at delivering innovative public-private investment solutions tailored to the unique needs of retirement and wealth investors. This partnership marks a significant step in broadening access to diversified portfolios that combine public and… Read More

September 7, 2025 @ 3:21 pm By Omar Faridi  |  

Cybercriminals are leveraging the complexity of blockchain technology to obscure malicious activities, with a new tactic involving the concealment of malware within Ethereum smart contracts, according to a recent report by cybersecurity firm ReversingLabs. This sophisticated approach allows hackers to disguise harmful traffic as routine… Read More

September 7, 2025 @ 3:19 pm By Michael Wong  |  

The global property and casualty (P&C) insurance market has doubled in size over the past two decades to $2.4 trillion in premiums, supported by broader access to coverage, alternative risk transfer mechanisms and stronger reinsurance capacity, according to Swiss Re Institute’s latest sigma report. Swiss… Read More

September 7, 2025 @ 12:18 pm By Omar Faridi  |  

Rithm Capital Corp., a New York-based global alternative asset manager, announced a definitive agreement to acquire Crestline Management, L.P., a Fort Worth-based alternative investment firm with approximately $17 billion in assets under management (AUM). This strategic acquisition aims to strengthen Rithm’s asset management platform, expanding… Read More

September 6, 2025 @ 11:30 am By Michael Wong  |  

French prosecutors said seven people have been indicted and placed in preventive detention over the kidnapping of a young Swiss man whose captors demanded a ransom to be paid in cryptocurrency. The victim, in his 20s, was abducted under undisclosed circumstances on Aug. 28 and… Read More

September 6, 2025 @ 11:26 am By Omar Faridi  |  

Ondo Finance and Alpaca have announced a strategic collaboration to tokenize U.S. stocks and exchange-traded funds (ETFs). In addition to these developments, Alpaca recently introduced OmniSub, a sub-accounting technology for its Broker API. These developments mark steps toward democratizing access to financial markets and streamlining… Read More

September 6, 2025 @ 10:14 am By Omar Faridi  |  

Polymarket, a decentralized prediction market platform, has reached a significant milestone by recording an all-time high in new markets created, signaling growth and increasing user engagement. In August 2025, the platform saw the creation of 13,800 new markets, surpassing the previous record set in July… Read More

September 6, 2025 @ 10:10 am By Omar Faridi  |  

In a seemingly dramatic turn of events, Justin Sun, a cryptocurrency entrepreneur and one of the largest investors in World Liberty Financial’s $WLFI tokens, has publicly criticized the Trump-backed decentralized finance (DeFi) project for freezing his assets. Sun, who invested at least $75 million in… Read More

September 5, 2025 @ 12:24 pm By Omar Faridi  |  

Nubank (NYSE: NU), one of the largest digital banks, announces that NuCel, its mobile phone service, will begin offering a new Gigabyte (GB) Reserve feature — a Nubank product designed to bring “peace of mind and benefits to its customers.” NuCel payments can also now… Read More

September 5, 2025 @ 11:12 am By Omar Faridi  |  

Bank of Ireland is making strides in enhancing its services and addressing consumer concerns, as evidenced by recent updates on its ATM upgrade program, fraud awareness campaign, and insights into consumer spending trends. These initiatives reflect the bank’s commitment to modernizing its infrastructure, protecting customers… Read More

September 5, 2025 @ 10:07 am By Omar Faridi  |  

Ramp, a six-year-old Fintech startup, has reportedly achieved $1 billion in annualized revenue by the end of August 2025, cementing its position as a key player in the corporate finance sector. This milestone comes on the heels of a $22.5 billion valuation secured in a… Read More

September 5, 2025 @ 9:21 am By Omar Faridi  |  

Digital bank Revolut is making moves to solidify its position as a global financial services provider while strategically delaying its transition to a publicly traded company. In a series of recent announcements, the company unveiled a share buyback program, deepened its partnership with Google Cloud,… Read More