Global

February 25, 2025 @ 7:37 am By Omar Faridi  |  

Copper noted that on Friday, 21 February 2025, the digital assets industry witnessed one of the largest centralized exchange security breaches in history, affecting Bybit. As the situation developed, Copper’s Security and Financial Risk teams closely monitored events and “took necessary precautions to protect client assets and minimize… Read More

February 25, 2025 @ 7:34 am By Omar Faridi  |  

SimCorp, a provider of financial technology, announced a partnership with Yield Book, an LSEG Analytics business SaaS platform and provider of fixed income models, analytics, and data products. Yield Book products offer analytical insight into a range of financial products in the fixed income space… Read More

February 25, 2025 @ 7:33 am By Omar Faridi  |  

Kaspersky Global Research & Analysis Team (GReAT) discovered hundreds of open source repositories with multistaged malware targeting gamers and crypto investors within a new campaign that was dubbed by Kaspersky as GitVenom. The infected projects include an automation instrument for “interacting with Instagram accounts, a… Read More

February 25, 2025 @ 7:32 am By Tony Zerucha  |  

The British Business Bank has agreed to a further £100 million increase to its existing ENABLE Guarantee transaction with leading Fintech Oxbury Bank, a UK bank with a singular focus on farmers, food production and the rural economy. The ENABLE Guarantee program encourages additional lending… Read More

February 24, 2025 @ 3:58 pm By Omar Faridi  |  

Octopus has announced it is launching a private debt offering, as it looks to meet the needs of institutional investors by unlocking private capital to solve the world’s challenges. The offering will focus on delivering solutions that deliver on returns and impact, “particularly to the… Read More

February 24, 2025 @ 3:55 pm By Omar Faridi  |  

Mastercard (NYSE: MA) noted that today’s consumers are at the forefront of embracing technologies that offer streamlined and intuitive experiences. Gen Z, the generation spanning teenagers to those in their mid-twenties, is said to be leading the charge. Instead of juggling between different cards and… Read More

February 24, 2025 @ 11:22 am By JD Alois  |  

ByBit, one of the largest crypto exchanges in the world, is reporting that it has recovered pilfered funds. In a statement today, the company stated they had “restored reserves levels to a 1:1 ratio for in-scope digital assets within 72 hours following a major incident… Read More

February 24, 2025 @ 10:41 am By Omar Faridi  |  

The cryptocurrency market in early 2025 has already seen significant developments, as revealed in Gemini’s recent industry update. From Ethereum’s ETF resurgence to corporate Bitcoin accumulation and a revival in the NFT market, the research report from Gemini indicates that the crypto industry is growing… Read More

February 24, 2025 @ 10:40 am By Omar Faridi  |  

Nansen is integrating HyperEVM to provide real-time blockchain analytics, enabling users to track network activity, monitor adoption trends, and make data-driven decisions. Nansen is expanding its blockchain analytics coverage by integrating HyperEVM, providing traders, developers, and investors with real-time insights into the HyperEVM ecosystem. This… Read More

February 24, 2025 @ 7:55 am By Omar Faridi  |  

The cryptocurrency market in 2024 witnessed significant shifts in trading volumes among centralized exchanges (CEXs), as detailed in CoinGecko’s latest research report, “Largest Centralized Crypto Exchanges, 2020 – 2024.” The research study, analyzing spot trading volumes from the time period between January 1 to December… Read More

February 24, 2025 @ 7:28 am By Omar Faridi  |  

In a speech delivered on February 21, 2025, at the European Parliament plenary debate on the ECB Annual Report, ECB President Christine Lagarde provided an update on the euro area’s economic situation and the European Central Bank’s monetary policy direction. The address from Christine Lagarde… Read More

February 24, 2025 @ 7:26 am By Omar Faridi  |  

Regtech Sumsub have launched their Qualified Electronic Signature (QES) Verification product. The solution is designed to enhance security, compliance, and efficiency in remote user onboarding across the European Union and Norway, compliant with “national laws and eIDAS framework regulations.” Amid the demand for secure and… Read More

February 23, 2025 @ 11:59 pm By Omar Faridi  |  

In a step toward enhancing public sector payments, the UK government has reportedly opened bidding for a £49 million contract to embed open banking technology into its Gov.UK Pay platform. Announced on February 19, 2025, by the Government Digital Service (GDS), this procurement initiative aims… Read More

February 23, 2025 @ 7:54 pm By Omar Faridi  |  

Nu Holdings Ltd. (NYSE: NU), one of the largest digital financial services platforms, released its Fourth Quarter and Full Year 2024 financial results. Financial results are presented in accordance with International Financial Reporting Standards (IFRS). David Vélez, founder and CEO of Nubank said: “2024 was… Read More

February 23, 2025 @ 7:50 pm By Omar Faridi  |  

CapitaLand Investment Limited (CLI), a real asset manager, closed South Korea private credit fund with a total equity commitment of KRW 180 billion (S$169.2 million), “increasing its funds under management in its focus market of South Korea to S$3.1 billion.” The CapitaLand Korea Investment No…. Read More

February 23, 2025 @ 5:20 pm By Omar Faridi  |  

XTB, a fintech that provides individual investors instant access to financial markets through its online trading platform and mobile app, received a securities agent license from Chile’s Financial Market Commission (CMF). This achievement, announced in February 2025, marks a key milestone for the company as… Read More

February 23, 2025 @ 5:17 pm By Omar Faridi  |  

The UK’s Competition and Markets Authority (CMA) has imposed a hefty £104.5 million fine on four global banking giants—Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada (RBC)—for “illegally” sharing sensitive details regarding UK government bonds, known as gilts, between 2009 and 2013. Unveiled… Read More

February 23, 2025 @ 5:16 pm By Omar Faridi  |  

Klarna, the AI-powered payments and commerce network, has entered a new partnership with Combined Independent Holdings (CIH), the UK arm of Euronics—Europe’s electrical buying group—to integrate Klarna’s flexible payment options into Euronics.co.uk. This collab marks the start of a rollout that will aim to extend… Read More

February 23, 2025 @ 5:15 pm By Omar Faridi  |  

Nikko Asset Management (Nikko Asset Management Co., Ltd. together with its subsidiaries), one of Asia’s asset managers, and Tikehau Capital, the alternative asset management group, announce the incorporation of Tikehau Amova Investment Management Pte. Ltd., their joint venture focused on developing private asset investment strategies…. Read More

February 22, 2025 @ 6:04 pm By Omar Faridi  |  

Addepar, a technology and data platform for investment professionals,  announced the launch of Alts Data Management, Private Fund Benchmarks, and cash flow forecasts in Navigator. These capabilities are reportedly built to enhance data-driven decision-making and boost operational efficiency for “advisors and institutions managing complex portfolios… Read More