Tagged: us

April 28, 2026 @ 12:37 pm By Omar Faridi  |  

Chime (NASDAQ: CHYM), a consumer-focused fintech offering digital banking services, has released its latest letter to company shareholders detailing operational performance in its inaugural year as a publicly traded company. The update centers on measured expansion, with the firm emphasizing deepening core account relationships over peripheral… Read More

April 28, 2026 @ 1:34 am By Omar Faridi  |  

Federal Reserve Financial Services (FRFS) has unveiled a cutting-edge network intelligence application programming interface (API) for its FedNow instant payment platform. Set to roll out on April 28, 2026, for initial users, the innovation marks a significant step forward in strengthening fraud prevention and overall… Read More

April 27, 2026 @ 10:09 am By Omar Faridi  |  

A recent working paper from scholars at the London Business School and Yale University offers fresh insight into how modern prediction markets really work. By poring over years of transaction records from Polymarket—the so-called “decentralized” platform for betting on real-world events—the researchers discovered that roughly… Read More

April 26, 2026 @ 6:54 pm By Omar Faridi  |  

Bank of America (NYSE: BAC) has delivered a strongly optimistic assessment of global capital markets, asserting that the current earnings expansion remains firmly on track even as geopolitical tensions dominate the news cycle. According to the bank’s latest analysis, corporate profits continue their upward trajectory… Read More

April 26, 2026 @ 4:41 pm By Omar Faridi  |  

US President Donald Trump voiced firm backing for upcoming digital assets oversight measures during an invitation-only assembly held at his Mar-a-Lago property in Palm Beach, Florida. The Saturday event assembled several hundred prominent investors, many of whom rank among the leading holders of the $TRUMP… Read More

April 24, 2026 @ 8:06 am By Omar Faridi  |  

A concerning case is highlighting the emerging risks that are now seemingly at the c0mplex intersection of US national security and online wagering. US federal prosecutors have charged a U.S. Army soldier with misusing highly sensitive government data to generate substantial profits through prediction markets…. Read More

April 23, 2026 @ 12:25 pm By Omar Faridi  |  

Digital asset exchange Gemini has introduced a new AI tool designed to revolutionize how it handles system alerts and engineering efficiency. Announced on April 20, 2026, the “First Responder” is an always-on AI agent that automatically investigates monitoring alerts, analyzes logs, reviews code, and determines… Read More

April 23, 2026 @ 11:12 am By Omar Faridi  |  

Digital asset exchange Kraken revealed it issued more than 56 million Form 1099-DA tax documents to the IRS for the 2025 tax year. The vast majority of these filings—nearly one-third for transactions under $1, over half for $10 or less, and three-quarters below $50—highlight how… Read More

April 23, 2026 @ 8:33 am By Omar Faridi  |  

Prediction market platform Kalshi has taken decisive steps to combat potential insider trading, imposing fines and suspensions on three congressional candidates who placed bets on the outcomes of their own election campaigns. The actions, announced on April 22, 2026, underscore the company’s commitment to tightening… Read More

April 23, 2026 @ 5:59 am By Omar Faridi  |  

Coinbase (NASDAQ: COIN) has teamed up with Bybit to facilitate the conversion of traditional stocks into digital tokens, along with their secure storage and global distribution. This collaboration highlights the growing momentum behind tokenization as a bridge between conventional financial markets and blockchain technology. Bybit,… Read More

April 19, 2026 @ 11:17 am By Omar Faridi  |  

Early Warning Services LLC, the organization responsible for the widely used Zelle payment network and the Paze digital wallet, has officially introduced Certos, a new unified branding effort that brings together its portfolio of fraud prevention and identity verification tools. The initiative aims to give… Read More

April 15, 2026 @ 7:41 pm By Omar Faridi  |  

High Roller Technologies (NYSE: ROLR) has entered a partnership with Crypto.com to tap into the booming U.S. prediction markets sector, a space with estimated annual trading volumes potentially surpassing $1 trillion once mature. Announced recently this month, the deal positions the online casino operator for… Read More

April 15, 2026 @ 3:37 pm By Omar Faridi  |  

Ohio’s gambling oversight agency has formally notified prediction market leader Kalshi of its intent to impose a $5 million fine, marking a sharp escalation in the state’s crackdown on unlicensed sports-related trading. The Ohio Casino Control Commission (OCCC) issued the notice Tuesday afternoon to KalshiEX… Read More

April 14, 2026 @ 6:05 pm By Omar Faridi  |  

The US Department of Justice has launched a formal process to return money to victims of the sprawling OneCoin cryptocurrency fraud, drawing on more than $40 million in assets seized through criminal forfeiture.The announcement, released on April 13, 2026, marks a significant step in addressing… Read More

April 14, 2026 @ 5:58 pm By Omar Faridi  |  

In a development signaling a decisive shift toward innovation-friendly oversight, the US Commodity Futures Trading Commission (CFTC) on March 24, 2026, officially launched its Innovation Task Force. Under the leadership of Chairman Michael S. Selig, the task force aims to craft explicit regulatory frameworks for… Read More

April 14, 2026 @ 8:29 am By Omar Faridi  |  

Meta (Facebook) (NASDAQ:META) is reportedly considering significant staff cuts that could affect at least 20% of its employees. According to unnamed insiders who shared insights with Reuters, the specifics—such as the exact schedule—remain undecided. A company representative dismissed the claims, describing them as “hypothetical speculation on… Read More

April 13, 2026 @ 10:49 pm By Omar Faridi  |  

UK based cross-border payments Fintech Wise (LON:WISE) is set to complete its long-anticipated move of its primary stock market listing from London to the United States in May, marking a significant milestone for the fintech company. The shift, which will see the firm establish its… Read More

April 13, 2026 @ 3:02 pm By Omar Faridi  |  

The US Federal Reserve has introduced a public consultation on a regulatory update that would open its FedNow real-time payments platform to international transfers for the first time. FedNow, which began operations in 2023, functions as a high-speed interbank settlement network designed for instant domestic… Read More

April 13, 2026 @ 10:35 am By Omar Faridi  |  

Tron Founder and crypto entrepreneur Justin Sun—the billionaire who actually begin his career at Ripple Labs back in the day—has leveled serious allegations against World Liberty Financial (WLFI), a decentralized finance platform closely associated with the Trump family. Sun, who positioned himself as one of… Read More

April 13, 2026 @ 3:25 am By Omar Faridi  |  

There has again been a significant setback for diplomatic efforts in South Asia that were aimed at de-escalating the ongoing US-Iran-Israel conflict. Unfortunately, the United States and Iran again failed to reach any agreement during high-level discussions held in Pakistan’s capital. The meetings, which took… Read More