News
Stay up to date with the latest news in fintech, crypto, and digital finance. Our News section delivers concise, insightful coverage of market developments, funding rounds, regulatory updates, and innovations shaping the financial technology landscape.
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Grayscale Spotlights Stablecoins’ Potential in Payments
In the swiftly changing digital economy, Grayscale Research highlights the growing influence of stablecoins. These digital tokens, issued on blockchains and tied to stable assets like the U.S. dollar, have the potential to revolutionise global payments, according to the report. Stablecoins are becoming a significant force in the global payments landscape. They present a compelling…
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DailyPay Expands On-Demand Pay Solutions for Employees
DailyPay, an industry leader, is redefining employee earnings access. The earned wage access (EWA) / worktech platform is extending its On-Demand Pay solutions. This expansion shows a strong commitment to enhancing employee financial wellness. Furthermore, it aims to boost retention rates and enable businesses to offer earned wage access to their staff. By focusing on…
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Gemini Expands Tokenized Stocks and Introduces Solana Staking
Noted digital assets exchange and custodian Gemini is taking significant steps to merge traditional finance with the emerging crypto ecosystem. The Winklevoss twins, Cameron and Tyler, founded the firm. They recently announced a significant expansion of their offerings. They now offer a broader range of tokenized stocks to European Union (EU) clients. This action is…
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Fundraising News of Thursday 24 July
Recent fintech fundraising news reveals significant growth steps for several companies. US-based BitGo, a Bitcoin security pioneer, has confidentially filed for an IPO. Substack, a digital newsletter platform for writers, has secured a substantial $100M funding round, boosting its valuation to $1.1 billion. Meanwhile, new startup Bono, aiming to modernize charity donations, has raised an…
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SlowMist Reveals Threats and Stablecoin Compliance Issues
The realm of blockchain, a fusion of pioneering technology and potential risk, continues to mature. Security remains a paramount concern in this rapidly evolving ecosystem. Two fresh reports from SlowMist, a blockchain security firm that sprung up during the prolonged crypto bear market of 2018, underscore the challenges inherent in combating advanced cyber threats. As…
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Affirm Partners with New Look Vision for Flexible Eyewear Payments
Affirm Holdings, Inc. (NASDAQ: AFRM), a top BNPL fintech, is upgrading its services and user payment experience. This step aligns with their continuous commitment to offer more flexible payment options. Affirm boasts an impressive 22 million users and processes $28 billion in annual payments as of 2025. Standing out in the fintech industry, their goal…
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Bitcoin Hits $123k in 2025, Boosted by Favourable Regulations
Bitcoin, the cryptocurrency king, has exceeded expectations by hitting an all-time high (ATH) of over $123,000 in July 2025. This milestone, 16 years into Bitcoin’s journey, cements its place in the financial world. A 66% price surge from its April 2025 low has sparked conversations about the factors driving this increase. Understanding these forces could…
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White House Unveils AI Action Plan to Lead Global Race
In a notable move, the White House has unveiled its AI Action Plan. This strategic step in artificial intelligence is encapsulated in the 28-page document titled ‘Winning the Race: America’s AI Action Plan’. The Administration crafted this comprehensive guide to steer AI technology development. This policy aims to ensure that workers reap substantial benefits from…
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Lloyds Bank Boosts UK Economy with New Initiatives
Lloyds Banking Group recently rolled out new initiatives to boost the UK economy and cater to diverse customers. These include the release of the latest UK Sector Tracker, a notable £4 billion boost in lending for first-time home buyers, and a revamped student account. A major initiative, the UK Sector Tracker, tracks the progress and…
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Sun Life Hong Kong Invests $70m in Virtual Insurer Bowtie
Sun Life Hong Kong has made a notable stride in the medical insurance and preventive healthcare sector. They’ve declared a $70 million investment in Bowtie Life Insurance. This investment, revealed on Friday, aims to speed up the growth of Hong Kong’s pioneering virtual insurer. Sun Life’s capital injection is a significant boost for Bowtie. It…
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Israel-Iran Cyberwar: Predatory Sparrow Targets Iranian Finance
In the ongoing shadow cyberwar between Israel and Iran, hacker group Predatory Sparrow, also known as Gonjeshke Darande in Farsi, has reportedly taken aim at the heart of Iran’s financial infrastructure. This group’s latest campaign has focused primarily on Iran’s banking sector and cryptocurrency exchanges. The hacker group’s activities have been increasing, causing turmoil in…
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Cryptocurrency Market Soars to $4 Trillion in Q2 2025
The Q2 2025 cryptocurrency market displayed an impressive rebound, reaching an astounding total market capitalisation exceeding $4 trillion. CoinMarketCap (CMC) reported this data in their Q2 2025 report, highlighting a considerable shift in the digital assets market. The robust performance of Bitcoin largely fuelled this market resurgence. Bitcoin, the world’s leading cryptocurrency, showcased its durability…
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Addepar Targets Challenges in Alternative Investment Sector
Alternative investments, including private equity, venture capital, and private debt, are now key players in the financial services sector. Having surged past the $15 trillion mark globally, they hold a significant place in wealth management portfolios. Addepar, an investment professional’s technology and data platform, is reportedly focusing on addressing the challenges in managing these investments.…
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Carabinieri Corps and Intesa Sanpaolo Unite to Fight Fraud
The battle against financial crime and fraudulent activities has taken a significant step forward in Italy thanks to a landmark collaboration. The Carabinieri Corps and Intesa Sanpaolo have joined forces. This partnership aims to ramp up the prevention and fight against financial fraud. Moreover, this strategic collaboration was solidified by the signing of a Memorandum…
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Ethereum Outperforms Bitcoin in Q2 2025 with Major Recovery
Q2 2025 marked a significant turning point for Ethereum (ETH). This period witnessed a striking recovery, with Ethereum outperforming its main rival, Bitcoin. The ETH Report reveals a surge in ETH’s price to over $3,600. This recovery hints at Ethereum’s strong performance post a series of major blockchain upgrades. Ethereum’s enhanced performance stems from significant…
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US House Passes Bill to Broaden Accredited Investor Rule
The US House of Representatives has recently passed a bill that could redefine the Accredited Investor concept. This financial rule, currently viewed as restrictive, bars many individuals from participating in a thriving market. The new bill could potentially create opportunities for a larger demographic. Under the current rules, the Accredited Investor classification decides who can…
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SlowMist Launches Stablecoin Security Framework in HK
Founded in 2018, SlowMist quickly rose to international prominence in blockchain security. By leveraging its cybersecurity expertise, the company protects the digital assets ecosystem. Recently, it unveiled its Stablecoin Risk Management and Anti-Money Laundering/Countering the Financing of Terrorism (AML/CFT) Compliance Security Framework. This move aims to boost compliance and security within Hong Kong’s stablecoin ecosystem.…
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Middle Eastern Wealth Funds Eye More Chinese Assets: Invesco
A recent study by asset management company Invesco shows that roughly 60% of Middle Eastern sovereign wealth funds plan to boost their Chinese asset allocations over the next five years. This study offers a worldwide snapshot of sovereign asset management. Notably, it highlights a significant shift in Middle Eastern investment strategies towards China. The Invesco…
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UK’s FCA Seizes Seven Crypto ATMs in Crackdown
The UK aims to be a top-notch global cryptocurrency hub. Fraudulent activities are unacceptable. The Financial Conduct Authority (FCA), the national regulatory body, underlined this recently. They seized seven crypto ATMs last week and arrested two individuals suspected of operating an illegal crypto exchange. These actions by the FCA send a strong signal to the…
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2025 Bitcoin Surge Driven by Whales, Miners and Institutions
In 2025, Bitcoin is on an upward trajectory. Recent on-chain data from CryptoQuant provides valuable insights into the forces shaping its market dynamics. These include record-low exchange inflows, increased whale and miner activity, and a significant impact from institutional investments. Notably, the CryptoQuant data reveals a record-low inflow of Bitcoin into exchanges. This indicates that…