October, 2025

October, 2025

The Daily: Binance pays $283 million in compensation following Friday’s depegs, bitcoin recovers above $114,000 as crypto market stabilizes after historic wipeout, and more
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons....

Robinhood Aims to Increase Presence in Prediction Markets Space
Robinhood is reportedly looking at the prediction markets space as it continues to expand its offerings beyond its retail trading platform. The company is considering growing in the event c...

LSEG and Microsoft to Help Banks Build AI Agents
LSEG, the operator of the London Stock Exchange and provider of global financial markets infrastructure and data, partnered with Microsoft to facilitate access to artificial intelligence-ready data an...

Goldman Estimates Consumers Will Pay Half of Tariff-Related Costs
It is now broadly accepted that U.S. households have already been absorbing at least some portion of trade war costs. But Goldman Sachs’ latest modeling suggests the burden is a heavy on...

Amazon Seeks 250K Holiday Workers Amid Muted Hiring Season
Amazon plans to keep its hiring levels flat for the 2025 holiday season. The eCommerce giant is expecting to hire 250,000 for its busiest season, according to a Monday (Oct. 13) press relea...

Plaid Launches Embedded Bank Payments for SaaS Platforms
Plaid has announced a solution that will enable vertical software-as-a-service platforms to integrate embedded bank payments directly into their products, enabling their customers to collect bill paym...

Government Workers Seek Side Gigs Amid Ongoing Shutdown
Federal employees are increasingly turning to side gigs amid ongoing layoffs and a government shutdown. That’s according to a report Monday (Oct. 13) from The Wall Street Journal (WSJ),...

Stablecoins Aren’t Created Equal: Mapping the Issuer Marketplace for CFOs
Both the stablecoin market and the crypto market have been on a recent tear. And if proponents of the digital asset landscape are to be believed, both markets are only set to grow. There a...

Tether Chief Says Bitcoin and Gold Will ‘Outlast’ Other Currencies
As far as Paolo Ardoino is concerned, bitcoin and gold have superior staying power. “Bitcoin and Gold will outlast any other currency,” the Tether CEO wrote in a post on social platform...

Klarna Partners With Google in Rollout of Agent Payments Protocol
Klarna on Monday (Oct. 13) announced that it is expanding its partnership with Google to support the new Agent Payments Protocol (AP2), an open standard designed to enable secure, AI-driven payments. ...

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