August 7, 2025 @ 7:07 pm By Omar Faridi  |  

Galaxy Digital Inc. (NASDAQ: GLXY) released its financial results for the second quarter of 2025, showcasing a remarkable recovery and strategic advancements in its digital asset operations. The company reported a net income of $30.7 million for the quarter, a significant turnaround from a $295… Read More

August 7, 2025 @ 7:03 pm By Omar Faridi  |  

Ripple has announced it has agreed to acquire Rail, a stablecoin-powered platform for global payments, for $200 million. Rail enables Fintechs, payment providers, neobanks, enterprise orgs, and more to offer payment solutions “for their operations (and their customers’) with everything from virtual IBANs and named… Read More

August 7, 2025 @ 7:00 pm By Omar Faridi  |  

The Insurtech sector in Q2 2025 showcased a dynamic interplay of resilience and adaptation, as detailed in the CB Insights Insurtech report. Despite a persistent decline in deal volume, global insurtech funding surged to $1.6 billion, marking a 23% quarter-over-quarter (QoQ) increase and the strongest quarterly… Read More

August 7, 2025 @ 6:54 pm By Omar Faridi  |  

The rise of artificial intelligence (AI) continues to reshape industries and governments, with businesses and public sector organizations investing heavily in the technology. However, recent surveys from Ernst & Young LLP (EY US) reveal a complex landscape where enthusiasm for AI is tempered by significant… Read More

August 7, 2025 @ 6:46 pm By Omar Faridi  |  

The Federal Trade Commission (FTC) has been actively combating fraudulent schemes that exploit vulnerable consumers, as highlighted by three recent announcements. These updates underscore a troubling rise in impersonation scams, a permanent ban on an e-commerce business opportunity scheme, and refunds for victims of a… Read More

August 7, 2025 @ 6:38 pm By Tony Zerucha  |  

Blue J, a GenAI tax research platform, has raised $122 million in a Series D funding round led by Oak HC/FT and Sapphire Ventures, with participation from Intrepid Growth Partners and previous investors Ten Coves Capital and CPA.com. The nine-figure raise comes seven months after Blue… Read More

August 7, 2025 @ 12:09 pm By JD Alois  |  

As was previously reported, President Donald Trump is expected to issue an Executive Order allowing savers to include private equity and other alternative assets in 401(k) retirement accounts. It is now anticipated that this EO will be signed and posted today. By allowing the booming… Read More

August 7, 2025 @ 11:39 am By JD Alois  |  

YouHodler is now integrated with digital wallet Ledger, according to a company statement. Ledger is a well-known digital and physical wallet for holding and managing cryptocurrencies. YouHodler is a European bridge for crypto and tradfi, providing crypto-backed loans, yield accounts, exchange, and more. The two… Read More

August 7, 2025 @ 11:25 am By Omar Faridi  |  

Changpeng Zhao, the founder of Binance and a prominent figure in the cryptocurrency industry, is seeking to have a $1.76 billion lawsuit filed by the FTX trust thrown out, arguing that the claims lack merit and the U.S. court has no authority over the matter…. Read More

August 7, 2025 @ 11:02 am By Omar Faridi  |  

LendInvest Mortgages (LSE: LINV), one of the UK’s asset managers for property finance, has announced the funding of a development loan for a residential project in the Welsh town of Caerleon. The £10,975,000 loan will be used to “transform a former college building and two… Read More

August 7, 2025 @ 9:04 am By JD Alois  |  

The Bank of England has cut its benchmark interest rate by 25 basis points to 4%. The vote was tight at 5 for and 4 against, with one member, Alan Taylor, preferring to reduce Bank Rate by 50 bps points, to 3.75%. Markets had anticipated… Read More

August 7, 2025 @ 8:30 am By Tony Zerucha  |  

As QR code scanning increases, fraudsters seek to exploit it through “quishing”. Short for QR code phishing, quishing sees criminals attempt to insert themselves into the scanning process through fake links. Co-founder and CTO Ravi Pratap Maddimsetty said Uniqode has been preparing for the QR… Read More

August 7, 2025 @ 8:16 am By Omar Faridi  |  

In the first half of 2025, Estateguru, a European real estate crowdfunding platform, has demonstrated resilience and growth, reinforcing its position as a trusted bridge between property developers and investors. CEO Mihkel Stamm recently shared key performance metrics and insights, highlighting the platform’s ability to… Read More

August 7, 2025 @ 4:40 am By Omar Faridi  |  

In a report released by TRM Labs, titled Shadow Bankers: Illicit Actors in Crypto Networks, the blockchain analytics firm delves into the clandestine world of cryptocurrency-enabled financial crime. The document provides a comprehensive analysis of how illicit actors exploit decentralized finance (DeFi), centralized exchanges, and… Read More

August 7, 2025 @ 3:39 am By Omar Faridi  |  

SOL Strategies Inc., a Canadian company dedicated to investing in and providing infrastructure for the Solana blockchain ecosystem, issued a corporate update for the month of July and announced the date of its third quarter 2025 earnings session. July 2025 Corporate Highlights: Board Approval of… Read More

August 7, 2025 @ 1:45 am By Omar Faridi  |  

Airwallex, a global payments and financial services platform for businesses, has witnessed growth in the Netherlands in the last year, with year-on-year revenue increasing “199% in Q2 2025 compared to Q2 2024.” Airwallex has also “added Creative Fabrica, Aurum Brothers and Vallon to its existing… Read More

August 7, 2025 @ 1:35 am By Omar Faridi  |  

Pantera Capital’s Blockchain Compensation Survey, conducted with over 1,600 respondents, provides some insight into salary and consulting payments. According to Pantera, the average global base salary in the crypto-asset industry is $128,606, significantly higher than comparable roles in Web2 industries. For instance, crypto engineers globally… Read More

August 7, 2025 @ 1:31 am By Omar Faridi  |  

Accenture (NYSE: ACN) has made a strategic investment, through Accenture Ventures, in Snorkel AI to help enterprises build and scale AI solutions more quickly by curating high-quality datasets for training and evaluating AI models. Designed for the era of agentic AI, Snorkel’s platform “uses automation… Read More

August 7, 2025 @ 12:49 am By Omar Faridi  |  

The Q2 2025 Singapore Market Snapshot, released by PitchBook on August 4, 2025, offers a comprehensive overview of the nation-state’s evolving macroeconomic and microeconomic landscape, spanning both private and public markets. As one of Asia’s financial hubs, Singapore continues to demonstrate resilience amid global economic… Read More

August 6, 2025 @ 9:50 pm By Omar Faridi  |  

In a significant move for cryptocurrency privacy, Gemini, the US-regulated cryptocurrency exchange founded by Cameron and Tyler Winklevoss, has announced support for Zcash unified addresses, solidifying its commitment to user privacy within a compliant framework. This update, detailed in a recent Gemini blog post, marks… Read More