Jury Convicts Uranium Finance Hacker Who Spent Crypto Loot on Pokemon Cards
Key Takeaways Jonathan Spalletta was convicted on both counts in the $53.3 million Uranium Finance case. Uranium Finance lost roughly
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Finance
Finance Ministry Unveils 2027 Budget Draft With Fresh Tax Hikes to Fund War Deficit
Russia’s Finance Ministry submitted its draft budget proposal for 2027-29 on Thursday, introducing a fresh round of tax increases on
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Circle’s Arc Launches with 11 Finance Giants and 100+ Builders
Key Takeaways: On September 16th, Circle will go-live with the initial validators, such as BlackRock, Visa, Mastercard, DTCC and Standard
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SBI Targets $6T On-Chain Finance Market With Canton Network Expansion and New Digital Unit
Key Takeaways: SBI Holdings has changed the name of its company SBI Security Solutions to SBI Digital Practice to favour
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Tether’s $3.3B Gold Token Wins Shariah Approval, Opening Islamic Finance to XAU₮ Worldwide
Key Takeaways: XAU₮ has been officially certified as Sharia Compliant by Amanah Advisors, the gold backed token of Tether. Approvals
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BNY Targets 24/7 Treasury Settlement as Tokenized Finance Enters a New Institutional Era
Key Takeaways: BNY Mellon has implemented a plan to settle U.S. Treasuries 24/7 by 2027. Ripple’s RLUSD is ideally suited
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Base Admits Failed Social Bet, Shifts to Trillion-Dollar Finance With AI and Payments Push
Key Takeaways: The social-first approach of the network backfired, Gateway’s creator Jesse Pollak admitted, slashing the increase in some crucial
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Gauntlet Bags $125M From SBI to Supercharge Stablecoins and Institutional On-Chain Finance
Key Takeaways: In a Series C financing round, Gauntlet raised $125 million under the leadership of SBI Holdings. The funding
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IMF Warns Tokenization Could Reshape Global Finance as New Blockchain Risks Replace Banks
Key Takeaways: The IMF believes that the introduction of tokenization may alter the financial system as we know it today.
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24 Finance Giants Push Deeper Into Crypto Across Regulated Markets
Key Takeaways Major financial firms are widening crypto activity across custody, payments, funds, and tokenization. Regulated ETP access has become
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