August 17, 2025 @ 4:05 pm By Michael Wong  |  

The US Department of the Treasury launched a public comment period seeking input on innovative technologies that financial institutions could use to detect illicit activity involving digital assets, including artificial intelligence and blockchain monitoring tools. The request fulfills requirements under the GENIUS Act, the stablecoin legislation… Read More

August 17, 2025 @ 2:11 pm By Omar Faridi  |  

In an evolving digital economy, Citigroup’s report, Citi Institute Executive Report: The Impact of X on the Future of Finance, offers a comprehensive exploration of how the social media platform X is reshaping the financial services industry. Released by the Citi Institute, the report delves… Read More

August 17, 2025 @ 2:10 pm By Tony Zerucha  |  

Refold AI is coming out of stealth today with $6.5 million in funding and a platform that replaces outsourced service work with AI-native infrastructure. The $6.5M round was led by Eniac Ventures and Tidal Ventures, with participation from Better Capital, Ahead VC, Karman Ventures, Z21… Read More

August 17, 2025 @ 2:09 pm By Omar Faridi  |  

Coinbase (NASDAQ:COIN) is focused on enhancing user experience and broaden its market presence with transformative updates planned for Q3 and Q4 of 2025. The company recently announced a roadmap to streamline account restriction processes and improve usability, alongside the acquisition of Deribit, the world’s crypto… Read More

August 17, 2025 @ 1:59 pm By Michael Wong  |  

The U.S. National Science Foundation and NVIDIA Corp (NASDAQ:NVDA) announced a $152 million partnership to develop open-source artificial intelligence (AI) models designed to accelerate scientific research and strengthen American leadership in AI innovation. NSF will contribute $75 million while NVIDIA provides $77 million for the… Read More

August 17, 2025 @ 5:07 am By Michael Wong  |  

CourseRev.ai, an artificial intelligence technology company serving the golf industry, said it has secured a strategic investment from The Walden Golf Group as part of its seed funding round. The Walden Golf Group, which owns and operates more than 20 golf courses across the United… Read More

August 16, 2025 @ 9:26 pm By Michael Wong  |  

Thailand will launch a program on Monday allowing foreign visitors to convert cryptocurrency into Thai baht for payments, as the government seeks to revive tourism following a decline in Chinese visitors. The “TouristDigiPay” initiative will be announced at a press conference led by Deputy Prime… Read More

August 16, 2025 @ 8:29 pm By Michael Wong  |  

Global payment platform SUNRATE acquired a payment business license in China following its purchase of a complete stake in Transfar Pay, a subsidiary of Shenzhen-listed Transfar Group. The RMB 315 million ($43.8 million) acquisition received approval from Chinese regulatory authorities. Transfar Group disclosed the transaction… Read More

August 16, 2025 @ 7:36 pm By Michael Wong  |  

Malaysian telecommunications company Axiata Group Berhad signed a memorandum of understanding with Cambodia’s Ministry of Post and Telecommunications to enhance cybersecurity capabilities and develop digital talent in the Southeast Asian nation. The agreement establishes cooperation between Axiata and the ministry across cyber threat intelligence, incident… Read More

August 16, 2025 @ 7:18 pm By Michael Wong  |  

Hong Kong’s central bank and securities regulator issued a joint warning against speculative trading driven by stablecoin licensing announcements and social media posts. The Hong Kong Monetary Authority and Securities and Futures Commission said they observed market movements linked to corporate announcements, news reports, and… Read More

August 16, 2025 @ 5:50 pm By Tony Zerucha  |  

This week, Wirex, a Web3 money app, announced that it is supporting EURC settlements through Visa’s stablecoin settlement pilot, marking a significant milestone in the evolution of blockchain-based payments in Europe. Following the successful completion of a testing phase, Wirex is now live with EURC… Read More

August 16, 2025 @ 5:15 pm By Omar Faridi  |  

In a significant step toward mainstream adoption of cryptocurrency-based investment products, Grayscale Investments has submitted an S-1 registration statement to the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin exchange-traded fund (ETF). The filing, announced on August 16, 2025, signals Grayscale’s aim… Read More

August 16, 2025 @ 4:46 pm By Tony Zerucha  |  

This week, Pi Squared, the team building Web3 infrastructure, announced its FastSet protocol has surpassed 100,000 transactions per second (TPS) with sub-100ms finality, setting a new standard for fast, verifiable, and decentralized settlement.. This performance was achieved on conventional hardware with 24-core CPUs and 256… Read More

August 16, 2025 @ 4:15 pm By Omar Faridi  |  

Circle Internet Group, Inc. (NYSE: CRCL), the issuer of the USDC stablecoin, announced the launch of Arc, an open Layer-1 blockchain designed specifically for stablecoin finance. This initiative marks a significant milestone in Circle’s mission to build a platform for the internet financial system, addressing… Read More

August 16, 2025 @ 3:42 pm By Tony Zerucha  |  

Prove, a digital identity provider, has launched Unified Authentication, a modern authentication solution that passively and persistently recognizes customers, no matter where they appear or how often their devices or credentials change. This launch reflects a critical market shift: identity is no longer just a… Read More

August 16, 2025 @ 3:38 pm By Omar Faridi  |  

Estateguru, a Pan-European real estate crowdfunding platform, has marked significant achievements. With a solid performance in Lithuania, the introduction of investment tools, and reaching €900 million in total funded loans, Estateguru continues to enhance real estate-backed investing for its global community of over 164,000 investors…. Read More

August 16, 2025 @ 3:35 pm By Omar Faridi  |  

Crayhill Capital Management, an alternative asset management firm specializing in asset-based finance, announced the launch of its Tax Equity Bridge Lending (TEBL) program as part of its expanded Pre-Construction Financing initiative, which is designed to “help solar, wind, and battery developers accelerate project development schedules… Read More

August 16, 2025 @ 3:34 pm By Omar Faridi  |  

Klarna, the Swedish fintech that is focused on buy now, pay later (BNPL) services, is navigating a complex landscape as it prepares for its anticipated U.S. stock market debut. Despite reporting a net loss for the second quarter of 2025, the company is pushing forward… Read More

August 16, 2025 @ 3:33 pm By Omar Faridi  |  

European digital assets platform Bitpanda has officially entered the UK market, unveiling an offering of various cryptoassets for investors. This launch, announced on August 14, 2025, marks a significant milestone for the Vienna-based platform, which has already garnered a user base of over 7 million… Read More

August 16, 2025 @ 3:32 pm By Omar Faridi  |  

Alchelyst, a fund administrator for alternative asset managers, and Lyra Client Solutions, a client servicing organization spun out from Apollo (NYSE: APO), announced a merger to form a private markets servicing platform purpose-built to transform the investor experience across the institutional and global wealth channels…. Read More