April 5, 2025 @ 2:35 pm By Michael Wong  |  

Non-fungible token (NFT) marketplace X2Y2 will shut down its trading platform on April 30, 2025, ending a three-year run amid declining volumes and intensifying competition in the digital collectibles market. The platform’s front-end interface will go offline, though its smart contracts will remain active, allowing… Read More

April 5, 2025 @ 2:02 pm By Omar Faridi  |  

A report from FX-as-a-Service provider, MillTechFX, has revealed that over four-fifths (86%) of fund managers hedge their foreign exchange (FX), providing them with a “degree of protection from increased currency volatility due to rising geopolitical uncertainty.” The MillTechFX Global FX Report 2025 analyzes the findings… Read More

April 5, 2025 @ 1:55 pm By Tony Zerucha  |  

The fifteenth edition of its annual LexisNexis True Cost of Fraud Study: E-commerce and Retail Report – US and Canada Edition reveals merchants pay nearly $5 in costs for every $1 they are defrauded. The report, based on a survey of 569 fraud and risk executives,… Read More

April 5, 2025 @ 1:47 pm By Omar Faridi  |  

In its March 2025 edition of Bobby’s Crypto Aggregate, CoinGecko dives into a crypto market grappling with macroeconomic turbulence and fierce competition between centralized and decentralized exchanges. Authored by Bobby Ong, the research report captures a pivotal moment in Q1 2025, where President Donald Trump’s… Read More

April 5, 2025 @ 1:39 pm By Tony Zerucha  |  

A new report from MoneyLion and Mastercard identifies links between financial, physical and mental wellness. It suggests that proper financial literacy tools could have benefits beyond the bank account. The report is part of the MoneyLion x Mastercard Health is Wealth campaign, which coincides with Financial Literacy Month and Physical… Read More

April 5, 2025 @ 1:37 pm By Michael Wong  |  

The International Finance Corporation (IFC), a member of the World Bank Group, is providing a $42 million equivalent debt financing package to Agricover Credit IFN, Romania’s largest non-bank financial institution focused on agriculture, to improve access to funding for micro, small, and medium enterprises (MSMEs)… Read More

April 4, 2025 @ 9:50 pm By Tony Zerucha  |  

CloudBolt Software, a cloud cost management provider, has acquired StormForge, a provider of machine learning-powered Kubernetes resource optimization. CloudBolt first partnered with StormForge in early 2024, when the company became the inaugural member of CloudBolt’s Technical Alliance Program (TAP). With this acquisition, CloudBolt will fully… Read More

April 4, 2025 @ 4:59 pm By JD Alois  |  

The House Financial Services Committee, Subcommittee on Digital Assets, Fintech and AI, has scheduled a hearing for April 9, 2025, to discuss tokenization or digital securities. The hearing is entitled: American Innovation and the Future of Digital Assets: Aligning the US Securities Laws for the… Read More

April 4, 2025 @ 4:43 pm By JD Alois  |  

The Securities and Exchange Commission (SEC), Division of Corporate Finance (CorpFin), has issued a statement on stablecoins. During the last administration, the SEC’s position was that pretty much all crypto was deemed to be securities. Bitcoin was an exception, and perhaps Ethereum. Things have changed… Read More

April 4, 2025 @ 3:52 pm By Omar Faridi  |  

Contrary to predictions that fintech innovations like robo advisors and artificial intelligence (AI) would “diminish the role of human financial advisors,” JDPower data indicates otherwise. According to the J.D. Power 2025 Canada Investor Satisfaction Study, younger do-it-yourself (DIY) investors in Canada—once “thought to be leading… Read More

April 4, 2025 @ 3:43 pm By Omar Faridi  |  

The EY organization announces it has updated the public domain source code for Nightfall1, a layer-2 roll-up that enables private transactions on the public Ethereum blockchain and the “development of privacy-focused enterprise blockchain solutions.” This updated version of Nightfall replaces the optimistic roll-up with a… Read More

April 4, 2025 @ 3:31 pm By Omar Faridi  |  

Capital Banking Solutions, an integrator of banking solutions, is partnering with SIX Group, a key player in financial market infrastructure in Switzerland, providing services in securities transactions, financial information, and payments. This partnership is part of the evolution of CapitalPrivate, their digitalization platform dedicated to… Read More

April 4, 2025 @ 12:54 pm By JD Alois  |  

The definition of an Accredited Investor will probably change this year. Currently, an Accredited Investor is someone who earns over $200,000 a year ($300,000 if married) or holds over $1 million in assets, not counting a primary residence. While certain adjustments have been made to… Read More

April 4, 2025 @ 11:45 am By Omar Faridi  |  

The venture capital landscape in Q1 2025 has reached a critical point, with funding soaring to its highest level in nearly three years, according to CB Insights’ latest State of Venture Q1’25 Report. This surge, driven predominantly by artificial intelligence (AI), underscores a transformative moment… Read More

April 4, 2025 @ 11:39 am By Omar Faridi  |  

Kadena, the “scalable” blockchain technology provider, has announced Chainweb EVM with the addition of 20 EVM-compatible chains to its multi-chain network. Chainweb EVM reportedly positions Kadena as a decentralized alternative to Ethereum Layer 2s, with “near-zero gas fees, infinite scalability, and energy-efficient Proof of Work… Read More

April 4, 2025 @ 10:47 am By JD Alois  |  

Yesterday, CI shared a number of comments from Fintech executives sharing their opinions on President Donald Trump and his “Liberation Day” tariff policy. The President signed an Executive Order addressing what is described as “structural asymmetries,” which will “no longer be tolerated.” The CEO of… Read More

April 4, 2025 @ 10:06 am By Omar Faridi  |  

North Korea has emerged as a somewhat unexpected powerhouse in the world of cryptocurrency—not as a legitimate player, but as a prolific cybercriminal state. According to a detailed investigation by The Wall Street Journal, the isolated nation has pilfered more than $6 billion in digital… Read More

April 4, 2025 @ 8:50 am By Omar Faridi  |  

The Clearing House recently announced an update regarding their Real Time Payments (RTP) network transaction limit being raised from $1M to $10M. Bank of New York Mellon (BNY) has successfully leveraged this advancement and completed the largest instant payment in US history, a $10M inter-company… Read More

April 4, 2025 @ 8:29 am By Omar Faridi  |  

Klarna, the AI-powered payments and shopping network, announces its launch with Eurostar, enabling travelers in the UK and France to book their journeys with flexibility. Customers checking out on Eurostar.com can now choose Klarna’s Pay in 3, allowing them to “split the cost of their… Read More

April 4, 2025 @ 8:12 am By Omar Faridi  |  

CoinList is back in the U.S. and they’re bringing token sales with them, according to an update from the digital assets platform. CoinList’s return to the United States has officially begun—starting with a public token sale product for accredited investors. The digital assets firm noted… Read More