May 13, 2025 @ 7:23 am By Omar Faridi  |  

Anchorage Digital will reportedly be acquiring Mountain Protocol in order to accelerate institutional adoption of stablecoins. This acquisition aims to empower institutions to become key players focused on stablecoins and digital assets. Stablecoins are fueling the next era of global finance—”with low-cost, 24/7 value transfers… Read More

May 13, 2025 @ 7:20 am By Omar Faridi  |  

Coinbase Global Inc. (NASDAQ: COIN) is set to join the S&P 500, replacing Discover Financial Services, effective before trading begins on May 19, 2025. Coinbase replaces old-school financial firm Discover in the index. This move, announced by S&P Dow Jones Indices, underscores the integration of… Read More

May 13, 2025 @ 7:18 am By Omar Faridi  |  

Fireblocks is now working with Calastone, the global funds network, to support Web3 connectivity within Calastone’s Tokenised Distribution solution, a solution enabling asset managers to tokenize any fund on Calastone’s network and “distribute it across blockchains such as Ethereum and Polygon.” Fireblocks is providing infrastructure… Read More

May 13, 2025 @ 7:17 am By Omar Faridi  |  

BitGo has reportedly received a Markets in Crypto-Assets Regulation (MiCA) license from Germany’s Federal Financial Supervisory Authority (BaFin), enabling the company to offer regulated digital asset services across the European Union. This regulatory milestone marks a major “expansion for BitGo Europe GmbH, which was established… Read More

May 12, 2025 @ 11:06 pm By JD Alois  |  

Zilch, a company that claims to be the fastest-growing Fintech in the UK, says it has topped 5 million users while generating £750 million in savings for consumers. The company points out that it currently serves one in every seven UK working adults, or 15%… Read More

May 12, 2025 @ 10:39 pm By Tony Zerucha  |  

EBANX, a global technology company specializing in payment services for emerging markets, has integrated UPI Autopay — the recurring payments feature of India’s instant payments system, Unified Payments Interface (UPI) — into its cross-border payments platform. Operating in India in a partnership with YES BANX, a private sector… Read More

May 12, 2025 @ 4:35 pm By JD Alois  |  

Kathy Hochul, the Governor of New York, has signed legislation that aims to regulate Buy Now Pay Later (BNPL) providers. The legislation seeks to make it easier for consumers to cancel subscriptions, require platforms to post return and refund policies, make “surveillance price” more transparent,… Read More

May 12, 2025 @ 4:15 pm By Omar Faridi  |  

Eventus, a provider of trade surveillance and financial risk solutions, announced that Wealthsimple is among its newest clients deploying the firm’s Validus platform for trade surveillance across asset classes. Wealthsimple is one of Canada’s financial services platforms, serving “more than three million clients, with $50+… Read More

May 12, 2025 @ 3:43 pm By Omar Faridi  |  

OX Security, a firm specializing in Application Security, announced $60 million in Series B funding. The latest investment round was led by DTCP, with participation from the following: IBM Ventures, Microsoft, Swisscom Ventures, Evolution Equity Partners, and Team8. The company, which enables organizations to focus… Read More

May 12, 2025 @ 3:42 pm By Omar Faridi  |  

French crypto hardware wallet maker Ledger continues to focus on setting the standard for security, user experience, and workplace innovation. Recent updates from Ledger highlight the cryptocurrency hardware wallet firm’s commitment to advancing Ethereum’s (ETH) ecosystem, enhancing transaction security, and redefining collaborative work environments. Through… Read More

May 12, 2025 @ 12:05 pm By JD Alois  |  

Chetwood Bank, a digital bank challenging established incumbents, says it has now topped £4 billion in savings deposits. Last year, at the end of March, Chetwood reported £2.86 billion in deposits. Chetwood benefits from a current interest rate of 4.52% paid to its “easy access”… Read More

May 12, 2025 @ 11:54 am By JD Alois  |  

Microcap healthcare firm KindlyMD (NASDAQ:KDLY) says it has signed a definitive merger agreement with Nakamoto Holdings to start a Bitcoin treasury strategy. The somewhat unlikely partnership will provide Nakamoto with a public listing while listing the expectations of Kindly. Kindly announced earnings yesterday, reporting net… Read More

May 12, 2025 @ 10:08 am By JD Alois  |  

The crypto sphere is lamenting another hack today, as reports are all over X that Mobius Token has been the target of a hack. Apparently, $MBU on BNB Chain was utilized to steal approximately $2.1 million as tokens were minted and quickly sold. Blockaid, a… Read More

May 12, 2025 @ 9:55 am By Tony Zerucha  |  

Ramp, a corporate card and financial operations platform, will expand its issuing partnership with Stripe, a programmable financial services company, to launch stablecoin-backed corporate cards with fully integrated spend management software. Businesses today face massive hurdles moving money internationally: Payments routinely take five or more business days to settle, each transaction… Read More

May 12, 2025 @ 9:54 am By Tony Zerucha  |  

Wirex, a provider of Web3 banking solutions, has expanded its Wirex Business platform to BASE, a new layer-2 blockchain developed by Coinbase. This new integration with BASE will enable corporate clients to manage treasury functions, issue corporate cards, and handle expenses using stablecoins like USDC and EURC. This… Read More

May 12, 2025 @ 9:18 am By Tony Zerucha  |  

AR.IO, a permanent cloud network built on the Arweave blockchain, has launched new fiat capability for purchases of its leading domain name service, ArNS, which offers access to Web3 applications and permanent website hosting. Traditional domain name platforms require ongoing subscription renewals and rely on… Read More

May 12, 2025 @ 9:11 am By Tony Zerucha  |  

Galxe, a Web3 decentralized super app, has unveiled Passport V3: its upgraded KYC solution that streamlines user verification and is now integrated with Sumsub, a KYC verification platform. With this new integration, Galxe Passport can ensure user onboarding for any Web3 business. Galxe Passport addresses… Read More

May 12, 2025 @ 9:09 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN) has recently unveiled a series of updates that underscore its commitment to the mainstream adoption of digital assets. From 24/7 futures trading to launching a Bitcoin yield fund, resolving staking litigation, and forging an esports partnership with Riot Games, Coinbase is focused… Read More

May 12, 2025 @ 8:03 am By Omar Faridi  |  

CUBE, a firm specializing in Automated Regulatory Intelligence (ARI) and Regulatory Change Management (RCM), opened its global headquarters located at the iconic City of London building, Tower 42, and confirmed the growth trajectory of the company over the last year – increasing revenue, employees and… Read More

May 12, 2025 @ 8:00 am By Omar Faridi  |  

SimpleClosure, which claims to offer the straightforward way to shut down your startup, announced it has raised $15 million in fresh funding. Led by TTV Capital, the pre-empted Series A round is a follow from its February 2024 seed round and includes participation “from existing… Read More