May 11, 2026 @ 12:27 am By Omar Faridi  |  

BNY (NYSE: BK) has joined forces with Finstreet Limited and the ADI Foundation in a partnership designed to introduce regulated, high-capacity, institutional-quality digital asset custody services rooted in the Abu Dhabi Global Market (ADGM). The initiative combines BNY’s established strengths in asset safeguarding with the… Read More

May 11, 2026 @ 12:01 am By Omar Faridi  |  

Regulatory technology firm Jumio has introduced a solution called Jumio Watch, designed to address a critical weakness in traditional identity verification systems. Announced recently, the new offering recognizes that identity risks do not stop once a customer is onboarded. Instead, they evolve over time as… Read More

May 10, 2026 @ 10:32 pm By Omar Faridi  |  

A Manhattan federal judge has approved the movement of approximately 30,766 ETH—valued at around $71 million—from the Arbitrum network to a wallet managed by the Aave decentralized lending protocol. The decision facilitates progress in a large-scale recovery initiative for users impacted by a major exploit… Read More

May 10, 2026 @ 8:30 pm By Omar Faridi  |  

BlackRock (NYSE:BLK), the world’s largest global asset management firm overseeing approximately $14 trillion, continues to pioneer the integration of blockchain technology into traditional investment products. On May 8, 2026, the firm submitted two key filings to the US Securities and Exchange Commission (SEC) outlining plans… Read More

May 10, 2026 @ 7:31 pm By JD Alois  |  

As was previously reported, European Central Bank (ECB) President Christine Lagarde is not a believer in privately issued stablecoins. In a speech delivered at the Banco de España LatAm Economic Forum in Spain, Largarde declared that Euro stablecoins are vulnerable to sudden runs during periods… Read More

May 10, 2026 @ 7:06 pm By JD Alois  |  

Fintech Plum is raising money on Crowdcube as part of a wider funding round, allowing smaller investors access to a more mature firm at the same terms as institutions. According to the offering page, Plum is raising capital at a pre-money valuation of £250 million…. Read More

May 10, 2026 @ 6:34 pm By Michael Wong  |  

Southeast Asia’s food delivery market is becoming a structural part of household spending rather than a pandemic-era habit, BMI Country Risk and Industry Research said, pointing to Grab Holdings’ record first-quarter results as evidence of a broader shift in consumer behavior. Singapore-based Grab reported first-quarter… Read More

May 10, 2026 @ 6:28 pm By Omar Faridi  |  

Ramp—the New York-based Fintech platform streamlining business spending—is reportedly nearing a major capital infusion of roughly $750 million. This fresh round would value the company at more than $40 billion before the new money arrives, marking roughly a 25 percent jump from its $32 billion… Read More

May 10, 2026 @ 6:09 pm By Omar Faridi  |  

Digital assets focused Grayscale Investments has signaled strong interest in bringing a dedicated Cardano exchange-traded fund (ETF) to market before the end of 2026. Recent developments point to a potential activation of existing regulatory filings as early as mid-August, which could trigger a streamlined SEC… Read More

May 10, 2026 @ 5:53 pm By Omar Faridi  |  

The recent disruption at investment platform Coinbase (NASDAQ:COIN), triggered by a widespread failure at Amazon Web Services (AWS), underscores a persistent vulnerability in the infrastructure supporting major cryptocurrency trading venues. On May 7, 2026, an overheating incident in an AWS data center in Northern Virginia… Read More

May 10, 2026 @ 5:48 pm By Omar Faridi  |  

A recent report has indicated that private credit managers are positioning current market turbulence as a strategic opening rather than a setback. According to PitchBook’s April 16, 2026, update, focused on the US Private Credit and Middle Market, there are several key developments. While redemption… Read More

May 10, 2026 @ 5:46 pm By Omar Faridi  |  

PitchBook introduces a new framework to help global investors and corporate strategists thrive amid the shift reshaping enterprise technology. The research report from PitchBook argues that traditional seat-based software models are under intense pressure from agentic AI, creating both disruption and a chance to reposition… Read More

May 10, 2026 @ 2:10 pm By Omar Faridi  |  

The City of London Corporation has issued a direct appeal to UK-based technology companies to help design and implement a pioneering digital verification network. The initiative aims to strengthen defenses against fraud in the financial services industry while simplifying processes for businesses and consumers. Fraud… Read More

May 10, 2026 @ 12:41 pm By Michael Wong  |  

Singapore retained its position among the world’s stronger jurisdictions for combating illicit finance after the Financial Action Task Force (FATF) said the city-state has a “robust and effective” framework to counter money laundering, terrorism financing, and proliferation financing. The development comes as regulators push for… Read More

May 10, 2026 @ 12:39 pm By Omar Faridi  |  

Bitcoin has delivered notable gains in recent weeks, surging approximately 37% from early April levels and reaching a three-month peak of over $80,000 and briefly going above the $82,000 mark. However, on-chain analytics provider CryptoQuant maintains that this advance qualifies as a temporary rebound within… Read More

May 10, 2026 @ 11:39 am By Omar Faridi  |  

A fintech company known for offering corporate credit cards and banking services tailored to e-commerce businesses has filed for liquidation under Chapter 7 of the U.S. Bankruptcy Code. Parker Group, Inc., which emerged from the Y Combinator Winter 2019 batch, submitted its voluntary petition on… Read More

May 10, 2026 @ 11:38 am By Michael Wong  |  

The Asian Development Bank (ADB) said it plans to mobilize $30 billion by 2030 to help Southeast Asian nations strengthen economic resilience, deepen capital markets, and accelerate regional energy connectivity as the bloc faces mounting geopolitical and economic uncertainty. ADB President Masato Kanda announced the commitment during the 48th… Read More

May 10, 2026 @ 11:34 am By Omar Faridi  |  

ClearBank, a Fintech focused on instant payment processing and integrated financial services, has revealed a collaboration with Fiat Republic. Announced recently this month, the initiative promises to transform how companies and banks across Europe handle euro transactions, making them quicker and straightforward. Fiat Republic has… Read More

May 10, 2026 @ 10:40 am By Omar Faridi  |  

During a recent address on May 8, 2026, the Bank of England Governor Andrew Bailey highlighted growing tensions in global cryptocurrency oversight, predicting a significant clash with American authorities on how to regulate stablecoins. Speaking at a Bank of England conference focused on financial imbalances,… Read More

May 10, 2026 @ 9:42 am By Michael Wong  |  

As regulators tighten scrutiny of artificial intelligence in finance, blockchain infrastructure firms are racing to build systems that can prove how autonomous AI agents make decisions. Inveniam Capital Partners, a data infrastructure company for private markets, launched NVNM Chain, a Layer 2 blockchain designed to… Read More