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  • South Korea Probes $4.8m Crypto Theft from Tax Service

    South Korea Probes $4.8m Crypto Theft from Tax Service

    The South Korean authorities are currently probing an alleged cryptocurrency theft worth around $4.8 million. Interestingly, this case isn’t your usual cybercrime. The stolen cryptocurrencies were once in the custody of the National Tax Service (NTS). Regrettably, the disclosure of sensitive wallet information led to this unexpected incident, as reported…

  • UK Corporate Sector Hits 8-Year High with 5.66M Businesses

    UK Corporate Sector Hits 8-Year High with 5.66M Businesses

    Recent data from the joint Startup Index by NatWest and Beauhurst reveals a notable achievement in the United Kingdom’s corporate sector. At the end of 2025, the UK saw an impressive 5.66 million operational businesses, the highest in eight years. This positive trend highlights the UK’s corporate sector’s resilience and…

  • Five Banks Back Tokenised Deposits via Cari Network

    Five Banks Back Tokenised Deposits via Cari Network

    Last month, five regional banks formed a consortium, announcing their support for tokenized deposits under the Cari Network banner. The consortium includes Key Bank, Huntington Bank, First Horizon, M&T Bank, and Old National Bank. Their main aim is to ramp up tokenized deposit services, meeting the increasing demand for digital…

  • UK Businesses Show Resilience Amid Economic Uncertainty

    UK Businesses Show Resilience Amid Economic Uncertainty

    Recent data from major financial institutions suggest that UK businesses are resilient amidst economic uncertainties. Firms nationwide are cautiously optimistic for the first quarter of 2026. This trend is evident in the latest sentiment gauge from Lloyds Bank. Lloyds Bank’s data reveals a steady confidence level of 44% among UK…

  • Tether and Anchorage Digital Unveil USA₮ Reserve Report

    Tether and Anchorage Digital Unveil USA₮ Reserve Report

    Tether and Anchorage Digital have made a notable advancement in the fintech sector. They’ve published a reserve report for the stablecoin USA₮. Earlier this year, they launched this dollar-based payment stablecoin. This step underlines their commitment to transparency and compliance in the rapidly growing cryptocurrency industry. The USA₮ stablecoin presents…

  • Ransomware Sector’s Sophistication Surge in 2025: Chainalysis

    Ransomware Sector’s Sophistication Surge in 2025: Chainalysis

    The ransomware sector underwent a significant transformation in 2025, as underscored by a recent Chainalysis analysis. It evolved from isolated breaches to a complex network featuring access points, support systems, and cash-out mechanisms. However, the analysis reveals that on-chain ransomware payments have marginally decreased, showing relative stability. The report points…

  • LoanPro and NXTMOVES Unveil Strategic Fintech Partnership

    LoanPro and NXTMOVES Unveil Strategic Fintech Partnership

    LoanPro, a leading credit platform, and NXTMOVES, a credit card program management platform, have forged a strategic partnership. This alliance marks a significant milestone for the fintech industry. It brings together credit servicing, issuing infrastructure, and program management to develop compliant, scalable credit card programs. This partnership aims to streamline…

  • OpenAI Secures £110bn Funding Boosting Fintech and Web3 Growth

    OpenAI Secures £110bn Funding Boosting Fintech and Web3 Growth

    OpenAI, a leader in artificial intelligence, recently secured a substantial funding round. With a fresh $110 billion capital injection, it marks one of the largest private investments ever. This new funding significantly boosts the company’s valuation. Before this round, the value of OpenAI stood around $730 billion. However, the recent…

  • SpaceX Prepares for Confidential IPO Filing This Month

    SpaceX Prepares for Confidential IPO Filing This Month

    SpaceX, the aerospace initiative led by Elon Musk, is reportedly preparing for a confidential initial public offering (IPO) submission this month. Sources say the company is lining up to file crucial paperwork with the U.S. Securities and Exchange Commission. This move lays the groundwork for a potentially significant event in…

  • Bubblemaps Reveals $1M Profit from US Bets on Polymarket

    Bubblemaps Reveals $1M Profit from US Bets on Polymarket

    In the fast-paced realm of decentralised prediction markets, another fascinating event has taken place. Notably, Bubblemaps, a respected blockchain analysis firm, has recently uncovered a group of six cryptocurrency wallets. Collectively, these wallets have netted a profit of $1 million on Polymarket. These profits stem from bets forecasting specific actions…

  • Binance Loses Bid to Move Token Sale Lawsuits to Arbitration

    Binance Loses Bid to Move Token Sale Lawsuits to Arbitration

    Recently, Binance, the world’s largest cryptocurrency exchange, encountered a legal hurdle. A US federal judge, District Judge Andrew Carter, denied the company’s bid to move class action lawsuits related to its token sales to private arbitration. This decision represents a significant setback for Binance. The company had hoped to handle…

  • Botim Money Expands Suite with Digital Silver Offering

    Botim Money Expands Suite with Digital Silver Offering

    The UAE-based fintech startup Botim Money is enhancing its fractional investing suite with digital silver. This addition complements its precious metals suite, which also features OGold. The new offering gives users the ability to buy, sell, and manage fractional silver holdings starting from AED 10. Consequently, this move democratizes access…

  • Norwegian Verdane Proposes £185.7M Takeover of Augmentum Fintech

    Norwegian Verdane Proposes £185.7M Takeover of Augmentum Fintech

    The European fintech investment sector has seen a significant development. London-based growth capital firm Augmentum Fintech (LON: AUGM) has reportedly agreed to a cash takeover offer from Verdane. Verdane is a renowned Norwegian private equity group with a focus on technology-driven businesses. Both parties have confirmed the agreement, which is…

  • Morgan Stanley Plans to Launch Digital Asset Bank

    Morgan Stanley Plans to Launch Digital Asset Bank

    Morgan Stanley (NYSE:MS), a financial services giant, recently applied to establish a specialized banking entity for digital currencies. This step signifies Wall Street’s growing acceptance of digital assets. The firm oversees approximately $9 trillion in client assets, making the creation of a trust bank for digital currencies a significant development.…

  • Amex Ventures Backs Zafran Security in $60M Series C Round

    Amex Ventures Backs Zafran Security in $60M Series C Round

    Zafran Security, a top-tier provider of AI-native threat exposure management, recently secured a substantial strategic investment from Amex Ventures. This investment forms part of Zafran’s latest $60M Series C funding round. Amex Ventures, American Express’s venture capital division, has a history of backing promising fintech start-ups. Now, they’ve turned their…

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