Advent and Stripe Walk Away From $50 Billion PayPal Pursuit, Shares Plunge 16%
Advent International and Stripe have abandoned their pursuit of PayPal in a $50 billion deal, sending shares tumbling as much as 16% in premarket trading.…
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Advent International and Stripe have abandoned their pursuit of PayPal in a $50 billion deal, sending shares tumbling as much as 16% in premarket trading.…
BitGo has completed its acquisition of NYDIG's institutional trading business, adding ~30 staff and bolstering its derivatives and financing capabilities.…
The Sandbox pledges full 1:1 repayment to affected users following a $700,000 bridge exploit, drawing on treasury reserves to cover Base and BNB Chain holders.…
Switzerland's proudest export — its banking system — has become its most vexing regulatory problem, as UBS pushes back against capital rules that could reshape global finance.…
Sheikh Tahnoon's investment group is set to acquire a 49% stake in the holding company behind World Liberty Financial's conditionally approved US trust bank.…
StarkWare has completed what it calls Bitcoin's first experimental quantum-safe transaction, shielding funds from future quantum threats without requiring any network upgrade.…
Swift has postponed the November structured postal address deadline under ISO 20022, citing uneven industry readiness across regions and pressure from multiple industry groups.…
The US Treasury launched a public-private Quantum-Readiness Task Force on August 24, 2026, mobilizing banks and payment systems against quantum computing threats to encryption.…
UOB and HSBC have completed live cross-border Hong Kong dollar transactions using tokenised deposits on Swift's ledger, making UOB the first Singapore-headquartered bank to reach this milestone.…
ECB Executive Board member Philip R. Lane addressed the intersection of artificial intelligence and monetary policy at the close of the ESCB's ChaMP research network conference in Rome.…
The Deutsche Bundesbank's Representative Office in New York City celebrated its 40th anniversary on 7 July 2026, underscoring four decades of German-American monetary cooperation.…
Figure's Q2 earnings reveal $1 billion in weekly loan applications by early July, marking a dramatic evolution from blockchain-powered HELOC lender to full financial network.…