June 8, 2025 @ 3:52 pm By Omar Faridi  |  

The Bitcoin mining sector continues to demonstrate resilience and adaptability in the face of post-halving challenges, with firms like MARA, Riot Platforms, and Bit Digital reporting significant operational updates for May 2025. These updates highlight robust production, infrastructure growth, and a strategic pivot toward diversification,… Read More

June 8, 2025 @ 3:49 pm By Omar Faridi  |  

Proof Group, a digital asset and emerging technology investment firm and one of the participants in the Canton ecosystem, is pleased to announce the launch of the first block explorer for the Canton Network. This tool provides unprecedented transparency “into the network’s transactions, participants, and… Read More

June 8, 2025 @ 4:52 am By Michael Wong  |  

UBTECH Education, in partnership with the Centre for Information Technology in Education (CITE) under the University of Hong Kong’s Faculty of Education, has formally launched the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) Artificial Intelligence Education Development Initiative. The program is set to transform AI education… Read More

June 7, 2025 @ 5:42 pm By Omar Faridi  |  

Trading and investing platform, eToro announces the addition of five cryptoassets to the U.S. platform. Users based in the United States can now “invest in 20 different crypto-assets including: Basic Attention Token, Curve, Decentraland, Maker, and Polygon.” Commenting on the announcement, Head of eToro US,… Read More

June 7, 2025 @ 5:36 pm By Omar Faridi  |  

KPMG has noted that generative AI is becoming an integral part of German companies. KPMG also recently mentioned that “91% of companies now see it as crucial to their business model and future value creation – compared to 55% in the previous year.” This was… Read More

June 7, 2025 @ 5:30 pm By Omar Faridi  |  

To facilitate the development and deployment of generative AI use cases in its businesses and functions, BNP Paribas has designed and deployed an internal LLM as a Service platform. Operated by the Group’s IT teams, this technology, allows each entity to access a selection of… Read More

June 7, 2025 @ 5:28 pm By Michael Wong  |  

TBC Bank Group PLC has issued a $200 million bond to accelerate the growth of TBC Uzbekistan, its rapidly expanding digital banking arm, as the group deepens its footprint in Central Asia’s largest economy. The synthetic three-year bond, denominated in Uzbek sum and settled in… Read More

June 7, 2025 @ 5:26 pm By Omar Faridi  |  

Trumid, a financial technology company and fixed income electronic trading platform, has recently announced its trade volume as well as overall user participation highlights for May 2025. Key May highlights from Fintech firm Trumid are as follows: May marked another strong month of growth and… Read More

June 7, 2025 @ 5:25 pm By Michael Wong  |  

Artificial intelligence is playing a growing role in the way consumers shop across Asia Pacific, with more than a third now relying on AI tools to assist with purchase decisions, according to Adyen’s 2025 Annual Retail Report. Based on a survey of 41,000 consumers in… Read More

June 7, 2025 @ 12:42 pm By Omar Faridi  |  

Metro Bank has launched a new commercial mortgage, offering an 85% loan-to-value (LTV) for loans up to £5 million. The loan is open to all businesses in England and Wales “with at least two years trading history.” Metro Bank also launched its 75% LTV commercial… Read More

June 7, 2025 @ 12:41 pm By Omar Faridi  |  

British shoppers refuse to be parted from physical payments cards, despite the popularity of digital services like Apple Pay and Google Pay, new figures from ad enabled payments company Zilch reveal. The research findings from a Zilch poll come as Zilch launches its “first physical… Read More

June 6, 2025 @ 5:56 pm By Omar Faridi  |  

Feedzai, the global firm focused on AI-native financial crime prevention, announced the launch of Feedzai IQ, a new family of solutions that enables network fraud intelligence without compromising customer privacy. Leveraging insights from hundreds of FIs across four continents and “over $8 trillion in annual… Read More

June 6, 2025 @ 5:31 pm By Omar Faridi  |  

Thunes, the so-called “Smart Superhighway” to move money around the world, announced it has secured the 50 licenses it requires to operate in the United States. This marks a milestone following its recent Series D funding round and reinforces Thunes’ commitment to “scale at pace… Read More

June 6, 2025 @ 5:30 pm By Omar Faridi  |  

In a bid to accelerate the integration of Artificial Intelligence (AI) across the bank, CommBank has completed migrating its data platform to Amazon Web Services (AWS), its cloud provider. The scalable data platform will integrate with other channels across the bank to help “drive faster,… Read More

June 6, 2025 @ 4:49 pm By Omar Faridi  |  

Ctrl Alt, a tokenization infrastructure platform, has officially secured its license from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate as a Virtual Assets Service Provider (VASP). Notably, Ctrl Alt claims it is the first VASP authorized to conduct issuer-related services. This milestone marks a… Read More

June 6, 2025 @ 4:45 pm By Omar Faridi  |  

Anchorage Digital is pleased to announce support for Derive, the decentralized exchange enabling capital-efficient on-chain options. Institutions trading on Derive can now “secure their balances on Derive via Porto, their institutional self-custody wallet.” Derive is purpose-built for professional traders, “offering portfolio margin, capital-efficient spreads, and… Read More

June 6, 2025 @ 4:33 pm By JD Alois  |  

Circle Internet Group (NYSE:CRCL) ended the week on a high note for its initial public offering (IPO). Shares in Circle were initially priced at $31/share, but it seems underwriters may have left some money on the table as shares closed today at $107.53 each, rising by… Read More

June 6, 2025 @ 4:06 pm By Omar Faridi  |  

CertiK noted that earlier this year, the U.S. Treasury Department made a groundbreaking decision to lift sanctions on Tornado Cash, an Ethereum-based cryptocurrency mixing service that had been a lightning rod for controversy since its sanctioning in 2022. Originally blacklisted by the Office of Foreign… Read More

June 6, 2025 @ 3:23 pm By JD Alois  |  

Wise (LSE:WISE), a leading UK-based Fintech, published annual results this week, showing a 23% increase in cross-border volume to £145.2 billion, driven by customer growth and greater adoption of the Wise account. Wise started as a platform for transferring money globally, aiming to be a… Read More

June 6, 2025 @ 1:40 pm By Omar Faridi  |  

European financial technology provider, payabl. has launched its Virtual Business Cards service, a digital payment solution designed to give businesses greater control, security, and visibility over their spending. Virtual cards are a digital alternative “to physical credit or debit cards, offering real-time issuance, customisable limits,… Read More