FinTech News
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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.
Friday, March 21st 2025 03:40PM -
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 Bitcoin holder, raising concerns about the implications of illicit crypto acquisitions.
Friday, March 21st 2025 01:51PM -
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 investments.
Thursday, March 20th 2025 08:47PM -
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 funds amid rising security concerns.
Thursday, March 20th 2025 08:13PM -
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 in a downturn?
Wednesday, March 19th 2025 08:15PM -
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 solutions delivering real-world value today.
Tuesday, March 18th 2025 06:44PM -
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 regulatory decisions regarding public float requirements, while investor interest and market conditions shape the listing strategy.
Monday, March 17th 2025 07:38PM -
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.
Monday, March 17th 2025 07:02PM -
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 companies and retailers champion its benefits, regulators and economists warn of rising risks.
Sunday, March 16th 2025 07:36PM -
Klarna Files for U.S. IPO, Reports 24% Revenue Growth and First Profit in YearsSwedish fintech Klarna files for U.S. IPO, reporting a 24% revenue increase and its first profit in years. The buy now, pay later giant aims to raise $1 billion at a $15 billion valuation. Read more on its financial turnaround, market competition, and strategic moves.
Sunday, March 16th 2025 05:15PM -
Trump Administration Pursues Aggressive Bitcoin Reserve Strategy as Investor Interest GrowsThe Trump administration announces a significant policy shift toward accumulating Bitcoin reserves through a cost-neutral strategy. Prominent fintech investor Cathie Wood and Ark Invest also recently expanded Bitcoin holdings, reflecting broader institutional optimism toward U.S. cryptocurrency policy.
Friday, March 14th 2025 08:16PM -
SoFi Secures Up to $5 Billion Loan Agreement with Blue Owl CapitalSoFi has finalized an up to $5 billion agreement with Blue Owl Capital to expand its loan platform business. This fintech deal highlights the increasing demand for digital lending solutions and institutional backing of personal loans.
Thursday, March 13th 2025 07:44PM -
Binance Secures Historic $2 Billion Investment from Abu Dhabi’s MGXBinance, the world’s largest cryptocurrency exchange, secures a record $2 billion investment from Abu Dhabi’s MGX, marking a major fintech milestone in blockchain adoption and institutional backing.
Thursday, March 13th 2025 07:12PM -
China’s Manus AI Redefines Automation with Full AutonomyChinese AI startup Monica.im has introduced Manus, the world’s first fully autonomous AI agent. Unlike traditional AI systems that require step-by-step guidance, Manus can initiate and execute complex tasks independently. This breakthrough in artificial intelligence is set to transform industries reliant on data processing and decision-making.
Tuesday, March 11th 2025 08:10PM -
Manus AI Partners with Alibaba's Qwen: A New Chapter in Autonomous AI for Global BusinessesManus AI, a Chinese startup, has collaborated with Alibaba's Qwen team to enhance its fully autonomous AI agent, Manus. This partnership aims to integrate Manus' capabilities with Qwen's open-source models, potentially transforming business operations across various sectors.
Tuesday, March 11th 2025 06:56PM -
Banks and Fintech Companies Rush to Issue Stablecoins Amid Regulatory ShiftMajor financial institutions and fintech companies like Bank of America, Stripe, and PayPal are aggressively entering the stablecoin market, anticipating significant changes in cross-border payments influenced by cryptocurrencies and regulatory acceptance.
Monday, March 10th 2025 08:44PM -
FinTech Weekly Celebrates International Women’s Day with Exclusive Interviews Featuring Women Fintech LeadersFinTech Weekly launches a special initiative for International Women’s Day, featuring a series of interviews with leading women in fintech. These conversations spotlight their experiences, challenges, and perspectives on inclusivity in the industry.
Saturday, March 8th 2025 10:21AM -
Trump Establishes Strategic Bitcoin Reserve in Landmark Executive OrderPresident Donald Trump has signed an executive order creating a Strategic Bitcoin Reserve, positioning the U.S. as a key player in the digital asset space. The reserve will be funded with Bitcoin seized in criminal cases, with no cost to taxpayers. The order also establishes a Digital Asset Stockpile for other cryptocurrencies. This move signals a shift in U.S. policy towards recognizing Bitcoin as a strategic asset.
Friday, March 7th 2025 07:43PM -
Aspiration Co-Founder Joseph Sanberg Arrested for Alleged $145 Million Investor FraudJoseph Sanberg, co-founder of Aspiration Partners Inc., was arrested on federal charges alleging a conspiracy to defraud investors of at least $145 million. The case also involves his associate, Ibrahim Ameen AlHusseini, who has pleaded guilty to wire fraud.
Thursday, March 6th 2025 06:33PM -
Russia’s Shifting Stance on Crypto Reserves: From Bitcoin to Gold and YuanRussia’s approach to national reserves has evolved over recent months, moving from discussions about Bitcoin to reaffirming gold and yuan as the backbone of its sovereign wealth fund. This shift reflects geopolitical realities, economic strategies, and the broader reconfiguration of financial alliances.
Wednesday, March 5th 2025 03:22PM -
Trump's Crypto Reserve Plan Sparks Market Surge and Political DebatePresident Donald Trump’s announcement of a U.S. crypto reserve sent digital asset prices soaring, but questions remain about its feasibility. While supporters see it as a move toward financial innovation, skeptics argue it lacks congressional backing and exposes taxpayer funds to risk.
Tuesday, March 4th 2025 06:12PM -
The Sustainability Debate: What Smart Businesses Are Paying Attention To - FTW Sunday EditorialWith Gen Z’s rising purchasing power and ESG-driven investments surging, the market is already deciding. Here’s what smart businesses are paying attention to.
Sunday, March 2nd 2025 09:44PM -
EU's Rollback of Sustainability Reporting Rules Sparks Investment ConcernsThe European Commission's recent decision to significantly reduce corporate sustainability reporting requirements has ignited a debate among investors and environmental advocates. While the move aims to alleviate administrative burdens on businesses, critics argue it could undermine the European Union's climate objectives and hinder informed investment decisions.
Saturday, March 1st 2025 07:21PM -
OpenAI Launches ChatGPT-4.5: A Breakthrough in AI ConversationOpenAI has introduced ChatGPT-4.5, a powerful new AI model designed to enhance conversational intelligence, improve factual accuracy, and reduce hallucinations. The model is now available for ChatGPT Pro users, with wider access rolling out soon. OpenAI touts it as its most emotionally intelligent AI yet, making it ideal for writing, programming, and problem-solving. However, its high computational demands make it costly to operate.
Friday, February 28th 2025 08:42PM -
Stripe Valued at $91.5 Billion in Tender Offer, Holds Off on IPO PlansStripe has reached a $91.5 billion valuation through a tender offer for employees and investors, bringing it close to its 2021 peak of $95 billion. Despite financial strength, the company has no immediate IPO plans, citing long-term growth priorities. Stripe credits AI-driven innovation and stablecoin adoption for its rising valuation, with $1.4 trillion in total payments processed in 2024.
Thursday, February 27th 2025 08:19PM