Trump Pardons BitMEX Co-Founders And One High-Ranking Former Employee
US President Donald Trump granted pardons to three co-founders of BitMEX, a well-known global crypto exchange, as well as one of its former high-ranking employees. The three co-founders include the former CEO, Arthur Hayes, Benjamin Delo, and Samuel Reed. The...
Indian Axis Bank Teams Up With JP Morgan For A New Blockchain-Based Payment Solution
Axis Bank, a private sector bank located in India, is now set to become the country’s first financial institution capable of offering near-real-time programmable USD clearing, which will be available around the clock. This 24/7 solution will be available for...
PrimaryBid Is Negotiating A Possible Takeover With Multiple Investors and Financial Institutions
PrimaryBid, a company that powers smart retail inclusion in global capital markets, is currently negotiating with several financial institutions and investors about a potential takeover. According to reports, the retail investment platform is collaborating with a number of advisers to...
The EuroPA Started The Switch To Instant Cross-Border Payments
The European Payment Alliance, also known as EuroPA, recently started a process of switching to instant cross-border payments between mobile transfer schemes Bizum, MB Way, Bancomat, and Iberia’s Sibs. The move will allow users in Portugal, Italy, Spain, and Andorra...
UK’s Ziglu Rolls Out A New Feature Known As Crypto On Card
The UK’s digital baking and crypto platform called Ziglu recently launched a new feature called Crypto On Card. The new solution will allow the platform’s users to use their cryptocurrencies in everyday purchases and make real-world transactions with their Ziglu...
FDIC: US Banks Can Engage In Crypto-Related Activities Without Prior Approval
According to a new statement by the Federal Deposit Insurance Corporation (FDIC), US banks are no longer required to receive approval before they engage in crypto-related activities. The watchdog stated that companies that it supervises are now permitted to carry...
USDC Issuer Circle Is Preparing To Go Public
Circle Internet Financial, commonly known simply as Circle, is reportedly preparing to go public by organizing an Initial Public Offering (IPO). This is the company that created and issued the crypto industry’s second-largest stablecoin, USD Coin (USDC). Now, however, it...
Ethereum’s Highly Anticipated Pectra Upgrade Set To Go Live In A Month
Ethereum is only about a month away from its next major upgrade — the long-awaited and highly anticipated Pectra. According to the roadmap, the upgrade should go live on the mainnet on April 30, 2025, following a successful launch on...
US SEC Clears Immutable, Dropping The Investigation Without Taking Action
The US Securities and Exchange Commission (SEC) recently cleared the Web3 gaming platform Immutable — one among many crypto-related companies that have been investigated over the past few years. The regulator officially ended its investigation without taking any action, according...
Ripple Labs Reaches A Deal With The SEC Which Will Return $75m Of The $125m Fine The Firm Paid In 2024
Ripple Labs has been in the legal conflict with the US Securities and Exchange Commission (SEC) for years now, marking one of the biggest, longest, and most high-profile legal conflicts in crypto history. However, the conflict may soon come to...
The FCA To Embrace Technology As A Way To ‘Support Growth And Improve Lives’
The UK financial regulator, the Financial Conduct Authority (FCA) recently stated that it intends to focus on embracing technology as a key tool of its five-year strategy. The idea is to adopt modern technologies to make its work more efficient,...
Massachusetts Regulators Are Investigating Robinhood Over The App’s New ‘Predictions Hub’
The regulators of the US state of Massachusetts have launched an investigation into Robinhood, a popular trading app that recently announced a so-called ‘Predictions Hub.’ The Predictions Hub is a feature that allows users to bet on the outcomes of...
AI Security Platform Charm Emerges From Stealth With $8 Million In Seed Funding
An AI-powered security platform Charm, which focuses on protecting various organizations and their customers from scammers, just emerged from stealth with $8 million in seed funding. The company is using advanced emerging technologies to combat the effects and risks posed...
Trump Administration-Based Uncertainty Causes Accenture Branch To Lose Sales
Accenture’s branch, Accenture Federal Services, reported that it had lost sales in the 2024 fiscal year, blaming the uncertainty from the Trump administration as the main reason. Julie Sweet, who works as the CEO and chair of Accenture, commented on...
Trump/Musk’s Buyout Program Attracts 500 SEC Staff Members, Causing The Agency To Lose 10% of Workforce
The US Securities and Exchange Commission (SEC) found itself in a situation where it might lose 10% of its staff, after around 500 employees decided to accept the $50,000 buyout offer introduced by Trump and Musk. The alleged departure of...