Meta
Warren Demands Meta Transparency on Stablecoin Plans as Clarity Act Looms
Senator Elizabeth Warren calls for Meta to disclose stablecoin partnership details, citing competition and stability concerns ahead of key regulatory votes.…
Fintech, banking and infrastructure,
under the hood.
Long-form coverage of cards, IBANs, payment rails, regulation and the technology that moves money — in seven languages, written by working operators.
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<IMF
IMF Elevates AI Cybersecurity to Core Financial Stability Priority
International Monetary Fund declares AI-driven cyber threats a fundamental financial stability issue, calling for new resilience standards as attacks grow more sophisticated.…
cryptocurrency
Kraken's Federal Banking Charter Push Signals Crypto Industry's Regulatory Evolution
Kraken parent Payward applies for federal trust bank charter, building on Wyoming SPDI operations to expand regulated banking services.…
<ECB
ECB's Lagarde Dismisses Stablecoins as Europe Pursues Central Bank Digital Solutions
European Central Bank President Christine Lagarde argues stablecoins cannot fulfill euro's global ambitions, advocating for central bank-backed digital infrastructure instead.…
Amazon Web Services
Coinbase Outage Exposes Crypto Industry's Critical Cloud Infrastructure Dependency
Coinbase's extended outage linked to Amazon Web Services failures highlights the crypto industry's vulnerability to centralized cloud infrastructure disruptions.…
<ECB
ECB's Lagarde Rejects Euro Stablecoins as Europe Charts Digital Currency Course
European Central Bank President Christine Lagarde warns against euro stablecoins, citing structural weaknesses as the ECB charts its own digital currency path.…
fintech
Kraken Parent Payward Targets Asia-Pacific Expansion with $600M Reap Acquisition
Payward's $600 million acquisition of Reap signals ambitious push into Asia-Pacific markets through enhanced card capabilities.…
<bank fraud
Former Oklahoma Bank CEO Pleads Guilty to Fraud as Industry Faces Regulatory Scrutiny
Danny Seibel faces up to 30 years in prison and $1 million fine after pleading guilty to bank fraud charges at his failed Oklahoma institution.…
Revolut
Revolut Bitcoin Price Glitch Exposes Critical Infrastructure Risks in Digital Banking
A technical malfunction caused Bitcoin to display at $0.019 instead of $79,000 on Revolut's platform, highlighting vulnerabilities in fintech data systems.…
Aave
Mantle Community Approves 30K ETH Bailout for Aave After Staking Exploit Fallout
Mantle tokenholders greenlight massive credit facility to help Aave recover from bad debt created by April's rsETH exploit that damaged protocol's WETH market.…
cryptocurrency exchange
Coinbase Reports $394M Q1 Loss Despite $1.41B Revenue as Armstrong Pivots Strategy
Coinbase posted a $394 million quarterly loss on $1.41 billion revenue, missing analyst estimates as CEO Brian Armstrong signals strategic shift from spot trading dependence.…
<ECB
Lagarde's Euro Stablecoin Rejection Widens Atlantic Crypto Policy Divide
ECB President Christine Lagarde's rejection of euro stablecoins creates stark contrast with US GENIUS Act, deepening transatlantic cryptocurrency policy divergence.…