Crypto Users in South Korea Surpass 16 Million, Outpacing Stock Investors
Over 16 million South Koreans now hold cryptocurrency accounts, exceeding stock investors as digital asset adoption reaches new levels amid post-election mom...
FinTech News: Latest Updates on Payments, Banking, Crypto & AI
Stay informed with breaking fintech news covering digital payments, blockchain, neobanking, artificial intelligence in finance, and regulatory developments. Updated daily by our editorial team.
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Metaplanet Issues $13.3 Million in Bonds to Deepen Bitcoin HoldingsJapanese firm Metaplanet issues ¥2 billion in zero-interest bonds to expand its Bitcoin reserves, reinforcing its strategy as Asia’s leading corporate BTC ho...
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Revolut’s Valuation Surges to $48 Billion Following Schroders Capital Trust BoostRevolut’s valuation climbs to $48 billion after Schroders Capital Global Innovation Trust increases its stake. The digital bank sharpens focus on crypto, reg...
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xAI Buys X: Why It Happened, What It Means, and How It Works - FTW Sunday EditorialExplore Elon Musk’s high-stakes merger between xAI and X (formerly Twitter) in a $33B all-stock deal. Understand the strategy, structure, and implications fo...
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Elon Musk Sells X to xAI in $33 Billion All-Stock DealElon Musk sells social media platform X to his own AI company xAI for $33 billion, aiming to integrate AI capabilities with X’s broad user base.
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Fintech Founder Charlie Javice Convicted of $175M Fraud Against JPMorganCharlie Javice, founder of fintech startup Frank, found guilty of defrauding JPMorgan Chase out of $175 million by fabricating user data. The verdict follows...
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CoreWeave IPO Opens Below Expectations, Ends First Day Without GainsCoreWeave's IPO opens below targets and closes its first trading day without gains, signaling weaker investor interest in AI startups amid broader market cau...
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Fidelity Tests Stablecoin Amid Improved Regulatory ClarityFidelity is exploring stablecoins, following enhanced regulatory clarity under Donald Trump's administration.
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eToro Files for US IPO, Eyes $5 Billion ValuationCryptocurrency-friendly trading platform eToro has filed for a US IPO, aiming for a potential $5 billion valuation as it seeks to expand its investor base on...
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Trump’s World Liberty Financial to Launch Stablecoin ‘USD1’ Amid Crypto AmbitionsWorld Liberty Financial, Donald Trump's crypto venture, announces the launch of USD1, a dollar-pegged stablecoin fully backed by U.S. Treasuries and cash equ...
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Chime Launches Instant Loans to Offer Quick Access to Funds Without Credit ChecksChime introduces Instant Loans, allowing eligible members to access up to $500 instantly with no credit check. Learn how this fintech solution aims to provid...
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Ripple vs. SEC: Legal Battle Ends As Regulatory Focus ShiftsThe SEC drops its legal case against Ripple, ending a four-year dispute and boosting XRP’s value. What does this mean for crypto regulation and the future of...
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A New Era of Financial Inclusion: Harnessing AI to Empower LMI Households - FTW Sunday EditorialDiscover how AI can transform financial access for low and moderate-income (LMI) households. This editorial explores Commonwealth’s research on inclusive AI ...
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DoorDash Partners with Klarna to Offer ‘Buy Now, Pay Later’ Options for US CustomersDoorDash partners with Klarna to provide flexible payment options for food, groceries, and more. The collaboration marks Klarna’s push into everyday spending...
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Kraken Acquires NinjaTrader in Record $1.5 Billion Crypto-Traditional Finance DealKraken acquires futures trading platform NinjaTrader for $1.5 billion, marking the largest crypto-traditional finance transaction to date and expanding Krake...
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OKX Suspends DEX Aggregator Services Amid Lazarus Group Exploitation ConcernsOKX halts its DEX aggregator services after detecting coordinated hacking attempts by the Lazarus Group. The exchange introduces new security measures to pro...
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Eric Trump Joins Japanese Bitcoin Firm Metaplanet as Strategic AdvisorEric Trump appointed as strategic advisor to Metaplanet, Japan’s largest corporate holder of Bitcoin, aiming to strengthen cryptocurrency adoption.
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North Korea Becomes Third-Largest Government Bitcoin HolderUpdate: Lazarus Group's BTC balance decrease. Following a $1.4 billion crypto heist linked to the Lazarus Group, North Korea becomes the third-largest Bitcoi...
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Trump Media Executives Launch $179M SPAC Aimed at Crypto and Blockchain DealsRenatus Tactical Acquisition Corp I, tied to Trump Media, plans to raise $179M through an IPO to target cryptocurrency, blockchain, and data security investm...
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Bybit’s $1.4 Billion Hack: The Race to Recover Stolen Crypto from Lazarus GroupBybit’s CEO reveals that 88.87% of the $1.4 billion stolen by Lazarus Group is still traceable. The crypto world watches as Bybit battles to recover lost fun...
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Could a U.S. Recession Be the Next Big Catalyst for Bitcoin?BlackRock’s digital assets chief suggests a U.S. recession could drive Bitcoin’s next bull run. Economic uncertainty fuels volatility, but can Bitcoin thrive...
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The Race Toward Artificial General Intelligence (AGI): Progress, Skepticism, and Real-World FocusAs experts debate the timeline for Artificial General Intelligence (AGI), industry leaders weigh in on whether the focus should be on AGI or practical AI sol...
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GCash Eyes $8 Billion Valuation in Potential IPO Amid Regulatory TalksPhilippine fintech leader GCash is preparing for a public listing that could value the company at a minimum of $8 billion. The IPO timeline depends on regula...
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Israeli Fintech Firm FINQ Secures SEC RIA License, Eyes U.S. ExpansionFINQ, an Israeli fintech company, has obtained a U.S. SEC Registered Investment Advisor (RIA) license, allowing it to operate across all 50 states.
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The BNPL Phenomenon: Convenience or Crisis in the Making? - FTW Sunday EditorialBuy Now, Pay Later (BNPL) has rapidly changed how consumers approach spending, offering flexible, short-term credit with no or low interest. While fintech co...