August 31, 2026 @ 9:04 am By JD Alois  |  

The European Commission says the following platforms now fall under the Digital Securities Act (DSA). According to an EU statement, ChatGPT, Reddit, and Roblox now qualify as Very Large Online Platforms (VLOPs) or Very Large Online Search Engines (VLOSEs) because they have topped 45 million… Read More

August 31, 2026 @ 8:44 am By Tony Zerucha  |  

As Artificial Intelligence both simplifies and changes fraud activity, SotaTek is seeing great success with SotaShield, a platform that helps banks screen merchants, detect emerging risk patterns and reduce manual investigations. CEO Meng Khong Tong said one key is for companies to improve their onboarding… Read More

August 31, 2026 @ 8:31 am By Omar Faridi  |  

On August 30, Cronos stopped producing blocks after Tectonic, the network’s main lending market, was emptied through a price-and-borrow sequence rather than a novel contract bug. On-chain researcher Weilin Li first estimated about $66 million in damage, then raised the figure to roughly $75 million… Read More

August 31, 2026 @ 8:09 am By Omar Faridi  |  

Belgium has stepped up its campaign against online copyright infringement by asking European domain registrars and at least one registry to turn over extensive records on people believed to be running pirate sites. The requests go far beyond typical website blocking. Officials want names, contact… Read More

August 31, 2026 @ 7:38 am By Omar Faridi  |  

Fogo, a Layer 1 blockchain built around the Solana Virtual Machine, temporarily stopped mainnet activity after a security incident involving the project’s foundation. An unknown party gained access to foundation-controlled holdings and moved 400 million FOGO tokens to an external address. The transfer represents about… Read More

August 31, 2026 @ 7:10 am By Omar Faridi  |  

The Cronos blockchain, the layer-1 network closely associated with Crypto.com, stopped producing blocks on Sunday, August 30, 2026, after an exploit hit Tectonic, the chain’s dominant decentralized lending protocol. Validators coordinated a full halt within minutes of detecting the incident, freezing transfers, bridges, and smart… Read More

August 31, 2026 @ 3:13 am By Omar Faridi  |  

IREN’s (NASDAQ: IREN) latest results marked a turning point in its transformation from bitcoin miner to AI cloud operator. They also left some shareholders uneasy. After the company outlined fiscal 2027 capital spending of $25 billion to $30 billion, Bernstein argued that the size of… Read More

August 31, 2026 @ 2:32 am By Michael Wong  |  

Dutch development bank FMO is providing a €30 million ($35 million) senior unsecured facility to Turkey-based Garanti Leasing to support financing for green projects, small and medium-sized enterprises, and equipment, according to a project document seen by CrowdFund Insider. The facility will be fully allocated… Read More

August 31, 2026 @ 1:51 am By Michael Wong  |  

Hong Kong-listed Virtual Mind Holding Company Limited has entered into an investment cooperation agreement with Gauss Technology (HK) Limited to establish a joint venture focused on artificial intelligence (AI) and continuous learning. Under the agreement signed on Aug. 28, Virtual Mind and Gauss Technology intend… Read More

August 31, 2026 @ 12:50 am By Omar Faridi  |  

The UK government has moved to give the Bank of England a new formal duty to foster innovation in payment systems and new types of digital money, while keeping financial stability as its overriding priority. Announced on 27 August 2026, the change is intended to… Read More

August 30, 2026 @ 11:38 pm By Omar Faridi  |  

Deutsche Bank’s (NYSE:DB) Private Bank has taken a major step in its long-running technology overhaul by selecting Vault Core, the cloud-native core banking platform from UK fintech Thought Machine. The choice is the first concrete move in a plan, outlined at the end of 2025,… Read More

August 30, 2026 @ 8:57 pm By Omar Faridi  |  

The head of the Bank for International Settlements (BIS) has questioned whether privately issued digital tokens pegged to fiat currencies can serve as a dependable way to move money across the economy. Speaking at the Federal Reserve’s Jackson Hole symposium on 28 August 2026, BIS General… Read More

August 30, 2026 @ 8:34 pm By Omar Faridi  |  

OpenAI has told SpaceX (NASDAQ:SPCX) it will end the arrangement that supplies OpenAI models to the coding product Cursor, after SpaceX completed its purchase of the company behind the tool. The proposed cutoff is November 12, 2026. OpenAI said it is using the longest notice period… Read More

August 30, 2026 @ 6:08 pm By Tony Zerucha  |  

Digital Assets minds had plenty to say about crypto markets this week. “On regulation, the SEC has proposed a framework for crypto assets, while the CFTC is advancing related regulatory and enforcement initiatives. The market is now watching the next procedural steps for the Clarity… Read More

August 30, 2026 @ 5:45 pm By Omar Faridi  |  

Charles Schwab (NYSE:SCHW) is preparing to widen the range of tokens available on Schwab Crypto, the firm’s retail digital-asset service. In a recent announcement, the brokerage said eligible clients will soon be able to buy and sell Solana (SOL), Avalanche (AVAX), and Chainlink (LINK) in… Read More

August 30, 2026 @ 5:41 pm By Omar Faridi  |  

Affirm (NASDAQ: AFRM) and Shopify (NASDAQ: SHOP) have expanded their long-running collaboration by introducing Shop Pay Installments to Australia, giving local Shopify merchants a new way to offer pay-over-time options at checkout. The product is powered exclusively by Affirm and is accessed through the familiar… Read More

August 30, 2026 @ 5:38 pm By Omar Faridi  |  

Meta (NASDAQ:META) is said to be internally testing a consumer AI agent designed to complete everyday work on the open web, according to an employee memo described by BI. Internally labeled Hatch — a working name, not the expected public brand — the system is… Read More

August 30, 2026 @ 5:31 pm By Michael Wong  |  

Chinese AI company AInnovation Technology Group acquired a 51% equity interest in industrial software company Qingdao AInnovation ALP Intelligent Industrial Technology Co., Ltd. for a total consideration of RMB122.4 million ($17.1 million), according to a Hong Kong Stock Exchange filing seen by CrowdFund Insider. AInnovation… Read More

August 30, 2026 @ 11:02 am By Omar Faridi  |  

US based and international banks are quietly redrawing their digital money strategies as competition from privately issued stablecoins intensifies in 2026. According to The Wall Street Journal, JPMorgan Chase (NYSE:JPM) has held early internal conversations about whether it should issue its own stablecoin. At the… Read More

August 30, 2026 @ 10:58 am By Omar Faridi  |  

Nasdaq Verafin has formed a partnership with Q6 Cyber to fold dark-web fraud intelligence into the same platform banks and credit unions already use for investigations. The goal is straightforward: give institutions earlier warning when stolen checks, payment cards, and online banking credentials appear for… Read More