4 Ways Hackers Target Backups and 6 Ways to Stop Them

One trend from 2024 that has vital implications for fintechs is the growing occurrence of ransomware hackers shifting their attention from production systems to backups. According to IDC research, ransomware targets backups to eliminate the possibility of data recovery. That maximizes the attack’s severity. More… Read More

Digital Assets: FalconX Announces Custody and Staking Support for Bittensor (TAO)

FalconX is pleased to be the first custodian to offer custody and staking support for Bittensor (TAO), providing institutional investors and ecosystem participants with secure, institutional-grade solutions for asset storage and earning staking rewards. This quick integration – completed in around two weeks – demonstrates… Read More

Consumer Spending in Ireland on the Rise Due to Relatively Low Inflation – Report

Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of November 2024 was up as well by a significant 5.6%… Read More

Tether Announces Investment in Rumble to Support Decentralization of Global Platforms

Tether, which claims to be the largest company in the digital asset industry with more than 350 million users, announced that it has entered into a definitive agreement to make a strategic investment of $775 million in Rumble (NASDAQ: RUM), a video-sharing platform and cloud… Read More

Digital Payments Continue to Rise in Euro Area But Cash Still A Key Payment Method – ECB Report

The European Central Bank (ECB) has recently released the results of the latest study on the payment attitudes of consumers in the euro area. Despite the trend towards digital payments, the number of cash payments remains considerable this year, particularly for “small-value and person-to-person payments.”… Read More

Binance Futures Launches CGPT/USDT Perpetual Contract Amid Growing AI-Crypto Interest

Crypto derivatives platform Binance Futures has introduced the CGPT/USDT Perpetual Contract, highlighting the rising prominence of AI-focused cryptocurrencies in the digital asset landscape. The new offering allows traders to leverage ChainGPT token (CGPT) transactions up to 75x, with USDT as the settlement currency, adding to… Read More

Digital Property Rights Firm Animoca Brands Reports Increase in Crypto-Assets Balances

Animoca Brands Corporation Limited is pleased to report unaudited financial and business highlights for the 3 months ending on 30 June 2024 as well as the 3 months ending on 30 Sept 2024. Post this reporting period, Animoca Brand notes that as of the end… Read More

GAIB AI Finalizes $5M Round to Innovate AI Computing in the Financial Ecosystem

GAIB reports that it has raised a $5 million pre-seed round in order to build the economic layer for AI compute. GAIB has confirmed the completion of their pre-seed funding round. The investment round was co-led by Hack VC, Faction, and Hashed, alongside investments from… Read More

Legal Operations Platform Brightflag Reports Steady Business Growth in 2024

Brightflag, the AI-powered e-billing and matter management platform for corporate legal departments, announced that 2024 will be its “best-ever” year of growth. Ian Nolan, founder and CEO of Brightflag said: “This year Brightflag has added more customers than ever before. I am very proud that… Read More

Estateguru Investors Received €11 Million in Repayments in Nov 2024

In November 2024, Estateguru, a platform specializing in property-backed financing, credited more than €11 million in repayments to its investors. According to Estateguru, a notable portion of this, more than €4.2 million, came from successfully recovered loans that had previously “been delayed. Investors earned €1.01… Read More




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Leap Financial Reports New Funding Led by Fuel Venture Capital

Leap Financial announced a $3.5 million seed raise led by Fuel Venture Capital, with investment in the Miami-based fintech reportedly coming from Ascendo Venture Capital. Leap provides a service that allows financial and non-financial institutions to participate in cross-border money flows, eliminating “inefficiencies and helping… Read More

Google to Enforce Stricter Rules for Crypto Ads in the UK Starting January 2025

Google has announced new advertising policies for cryptocurrency-related products in the United Kingdom, requiring advertisers to register with the country’s Financial Conduct Authority (FCA) starting January 15, 2025. The update aims to ensure compliance with local regulations amid increased scrutiny of crypto promotions globally. The… Read More

Kaspersky Warns of Rising Crypto-Drainer Malware, Data Breach Ads on Dark Web

Cybercriminal activity on the dark web surged in 2024, with significant growth in discussions around crypto-drainer malware and advertisements for corporate database breaches, according to Kaspersky’s latest Security Bulletin. The report highlights an evolving cyber threat landscape, with increased interest in malware targeting cryptocurrency wallets… Read More

HKMA and UAE Central Bank Strengthen Financial Ties in Bilateral Meeting

The Hong Kong Monetary Authority (HKMA) and the Central Bank of the United Arab Emirates (CBUAE) held their second bilateral meeting, reinforcing cooperation and connectivity between the financial services sectors of the two jurisdictions. Building on the initial bilateral meeting held in Abu Dhabi in… Read More

India’s Government Plans Legislation to Combat Illegal Lending Apps

The Indian government is set to introduce a comprehensive legislative framework aimed at curbing the rise of illegal lending applications, the New Indian Express reported. The Department of Financial Services under the Ministry of Finance has drafted a bill that imposes severe penalties on individuals… Read More

Singapore Insurtech bolttech Secures Over $100m in Series C Funding

Singapore-based insurtech firm bolttech has successfully raised over $100 million in its latest Series C funding round, according to a company statement released on Friday. The funding round was anchored by Dragon Fund, with significant participation from Liquidity and MUFG. Additional investors in the round… Read More

Crypto Payments: Alchemy Pay Registers Under Visa’s Ramp Provider Program

Alchemy Pay, the fiat-payment gateway, achieved a key milestone by having  successfully registered under Visa’s Ramp Provider Program. This registration, made possible via its partnership with Worldpay, marks a new development in Alchemy Pay’s mission to bridge the gap “between traditional finance and the crypto… Read More

1inch Expands Institutional Access to DeFi Liquidity with Talos Integration

1inch, a DeFi project announced its integration with Talos, the provider of institutional portfolio and trading tech for digital assets. This collab enhances liquidity access for Talos clients by allowing them to leverage 1inch’s Swap API, which sources liquidity across decentralized exchanges to help “ensure… Read More

Chargeback Management Firm Justt Reports $30M Series C to Accelerate Business Expansion

Justt, the AI-based chargeback management firm, announced the close of its $30 million Series C, led by Zeev Ventures along with contributions from existing investors such as Oak HC/FT and F2 Venture Capital. This funding highlights the confidence of its investors in Justt’s vision, growth,… Read More

Trillium Surveyor and Kaiko to Improve Crypto Trade Surveillance

Trillium Surveyor, a provider of trade surveillance and best execution software, and Kaiko, the crypto market data provider, announced a  partnership to deliver solutions for financial institutions and exchanges engaged in virtual currency trading. This partnership comes at a key moment as the crypto-assets market… Read More

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