September 7, 2025 @ 3:24 pm By Omar Faridi  |  

Sora Ventures, a Taiwan-based venture capital firm specializing in digital assets, has launched Asia’s first $1 billion Bitcoin (BTC) treasury fund. Announced at Taipei Blockchain Week, the initiative is backed by an initial $200 million from institutional investors across the region, with plans to acquire… 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 7, 2025 @ 11:39 am By Omar Faridi  |  

The Federal Trade Commission (FTC) has recently taken decisive action against deceptive practices in the e-commerce and gig economy sectors, signaling a commitment to protecting consumers and ensuring fair business practices. Three significant cases highlight the agency’s efforts to address violations, ranging from inadequate seller… 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 @ 11:25 am By Omar Faridi  |  

Bank of America (NYSE: BAC) continues to drive product development in financial services, addressing evolving consumer needs through enhanced employee benefits, cutting-edge AI technology, and tailored financial products. Recent announcements highlight the bank’s commitment to enable clients and employees, with significant updates including a doubling… 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 @ 10:12 am By Tony Zerucha  |  

An August survey conducted by The Harris Poll on behalf of the American Institute of CPAs (AICPA) found that 74% of Americans with personal student loans are somewhat or very worried about their ability to pay those loans. “Student loans are more than a monthly… 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 6, 2025 @ 6:31 am By Tony Zerucha  |  

U.S. Bank this week unveiled U.S. Bank Payroll, an embedded solution that allows small business owners to manage their payroll as part of their online banking experience. Key features include auto tax compliance, flex pay and more. In a survey the bank conducted with 1,000 small… 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 @ 12:10 pm By JD Alois  |  

After years of negligence and obtuse rulemaking, the Securities and Exchange Commission (SEC) has announced a “new day” as the agency refocuses its energy on its job of efficient markets and capital formation. During the Gensler tenure, the Commission sought to alter markets in way… Read More

September 5, 2025 @ 11:59 am By Tony Zerucha  |  

Alchemy Pay, a fiat-crypto payment gateway, has been granted a Money Transmitter License (MTL) in South Carolina. With the inclusion of South Carolina, Alchemy Pay now holds MTLs in  Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, and Arizona. The Money Transmitter License, issued under the authority of the South Carolina Attorney General in accordance with the… 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 @ 10:51 am By Omar Faridi  |  

Juniper Square, a fund operations that claims to be a partner to more than 2,000 private markets GPs, announced an investment from Nasdaq Ventures to enhance private markets technology. In addition to the investment, Nasdaq (Nasdaq: NDAQ) and Juniper Square will establish a partnership which… 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