October 13, 2025 @ 8:41 am By Omar Faridi  |  

September marked a significant period for markets as the Federal Reserve cut its rate by 25bps for the first time since December of last year, reaffirming the weakening labour market reports as well as economic uncertainty. HashKey Capital further noted in their latest update that… Read More

October 13, 2025 @ 8:38 am By Omar Faridi  |  

This past month, Brazil’s Polícia Federal launched Operation Lusocoin, which is described by blockchain intelligence firm TRM Labs as a sweeping investigation into a rather sophisticated criminal network that has been accused of laundering billions of reais via various cryptocurrency transactions. TRM Labs recently revealed… Read More

October 13, 2025 @ 7:37 am By Omar Faridi  |  

Jack Dorsey, co-founder of the platform X (formerly known as Twitter) and current CEO of payments firm Block Inc. (NYSE: XYZ), has introduced a new Bitcoin wallet feature within the Square point-of-sale system. This update, announced on October 8, 2025, enables small U.S. businesses to… Read More

October 13, 2025 @ 6:38 am By Michael Wong  |  

Qantas said data belonging to 5.7 million customers stolen in a major cyberattack has been shared online, widening the fallout from a campaign tied to a third-party platform used by dozens of global companies. The airline reiterated that the compromise originated at a provider later… Read More

October 13, 2025 @ 5:49 am By Omar Faridi  |  

Derive.xyz has noted that a massive and truly unprecedented flash crash of liquidations saw nearly $7 billion wiped across all markets within a span of just one hour, with $5.5 billion coming from longs. The firm also pointed out that Bitcoin and Ethereum have accounted… Read More

October 12, 2025 @ 8:12 pm By Michael Wong  |  

Banglalink and its sole shareholder VEON have written to Bangladesh Bank expressing interest in securing a digital bank licence, the companies said in an expression-of-interest (EoI) sent to Governor Ahsan H Mansur, according to people familiar with the matter. The approach follows earlier discussions with… Read More

October 12, 2025 @ 5:27 pm By Omar Faridi  |  

Morgan Stanley (NYSE:MS) has recently told its financial advisors that the company would be broadening access to cryptocurrency-based investments to all of its clients and enabling these types of investments in any type of account. This will reportedly include retirement accounts as well. Beginning October… Read More

October 12, 2025 @ 4:39 pm By Omar Faridi  |  

Tether CEO Paolo Ardoino recently stated that central bank digital currencies (CBDCs) may potentially turn money into a tool of government surveillance. Tether is the issuer of the world’s most popular stablecoin by market cap, USDT. During the recent TOKEN2049 in Singapore, Ardoino noted that… Read More

October 12, 2025 @ 4:25 pm By Omar Faridi  |  

PayPal (NASDAQ: PYPL), the Fintech company that launched its electronic payment system in 1999, continues to dominate digital transactions, and is now focused on what it claims is disrupting itself in a crowded and increasingly competitive financial technology ecosystem. The platform handles peer-to-peer transfers via… Read More

October 12, 2025 @ 4:23 pm By Omar Faridi  |  

Ongoing discussions at the White House regarding US President Donald Trump potentially pardoning Binance co-founder Changpeng Zhao might actually be progressing, as per a recent report. Individuals that are close to Binance co-founder Changpeng Zhao or “CZ” are now claiming that discussions at the White… Read More

October 12, 2025 @ 4:21 pm By Omar Faridi  |  

Tax authorities in India are said to be investigating over 400 high-net-worth individuals that are using crypto exchange Binance. These accounts are being suspected of attempting to bypass India’s high taxes on crypto transactions, a report from The Economic Times has claimed. The traders could… Read More

October 12, 2025 @ 4:20 pm By Tony Zerucha  |  

Waterlily, which uses AI to predict long-term care (LTC) needs up to decades before they happen, announced today the launch of Quote-and-Apply. This new offering is said to utilize AI and computation across hundreds of thousands of insurance policy configurations to identify the mathematically optimal… Read More

October 12, 2025 @ 4:16 pm By Omar Faridi  |  

Securitize is reportedly considering going public through a potential merger with a blank-check company that is sponsored by Cantor Fitzgerald. This, according to a recent report from Bloomberg. Securitize, which currently oversees more than $4.6 billion in tokenized real-world asset value, may be valued at… Read More

October 12, 2025 @ 4:11 pm By Omar Faridi  |  

Hayden Adams, founder of Uniswap, has noted that large sell-offs are now simply serving as a reminder and perhaps evidence that DeFi is built different. Hayden confirmed that the decentralized finance protocol Uniswap did close to $9 billion in trading volume during the recent crypto… Read More

October 12, 2025 @ 4:10 pm By Omar Faridi  |  

Circle revealed that it is currently incubating prototypes and products at the intersection of crypto and AI. It is said to be working on a machine-to-machine micropayments solution. Artificial intelligence is entering a new phase — one that appears to be increasingly defined by agency…. Read More

October 12, 2025 @ 4:07 pm By Omar Faridi  |  

Mastercard (NYSE: MA) and Coinbase (NASDAQ:COIN) are both bidding in order to acquire stablecoin infrastructure provider BVNK in a deal that may be valued at around $2.5 billion, according to an update from Fortune. While citing various sources familiar with the matter, the outlet said… Read More

October 12, 2025 @ 1:28 pm By Omar Faridi  |  

There appears to be an escalating conflict in the retirement savings industry, according to an update from the New York Times. Fintech startups are developing tools that allow independent financial advisers to directly manage clients’ 401(k) accounts—such as rebalancing investments—without the traditional barriers imposed by… Read More

October 12, 2025 @ 11:27 am By Omar Faridi  |  

A new FSB report sets out guidelines for relevant authorities regarding how to tackle the challenges related to overseeing the adoption of artificial intelligence in the financial services industry. AI is being increasingly used by financial services providers and other industries as well because of… Read More

October 12, 2025 @ 11:24 am By Omar Faridi  |  

PicPay, a Brazilian mobile banking platform under the Batista family’s investment vehicle, is reportedly planning a $500 million initial public offering (IPO) in the United States, aiming for a 2026 debut. This move highlights the company’s aim to tap high-potential global markets. Launched in 2012… Read More

October 12, 2025 @ 8:30 am By Tony Zerucha  |  

NoFraud, an e-commerce fraud prevention provider, has acquired Yofi AI, a return fraud and policy abuse detection platform for e-commerce retailers backed by Nyca Partners, Point72 Ventures, and eBay Ventures. With Yofi AI, NoFraud is expanding beyond payment fraud to stop policy abuse at scale… Read More