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Tether Now Owns $125,000,000,000 in US Treasuries, Surpassing Germany, UAE, Spain and Australia: CEO Paolo Ardoino

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With a $61.5B valuation, Anthropic is no longer just OpenAI’s rival
Anthropic has finalized a megaround of funding, securing $3.5 billion at a valuation of $61.5 billion, according to a statement to Bloomberg. This funding solidifies Anthropic’s status as one of the...

The Biggest Names in Web 3.0 to Converge at Unchained Summit in Dubai This April
Dubai is set to host Unchained Summit 2025, a highly curated gathering of leaders and innovators in Web 3. Scheduled for April 28 – 29, 2025, at Kempinski Central Avenue, the summit will serve as a ...

Canada-owned Ludia plans to add 50 new jobs and make acquisitions
Under new Canadian management, the mobile game studio Ludia plans to add 50 new jobs this year and possibly make some acquisitions.Read More...

Bitcoin’s Hedge Status at Risk as Crypto Market Cap Plunges by Nearly $1 Trillion
Once viewed as a hedge against financial uncertainty, Bitcoin (BTC) struggles to maintain this title amid global economi...

Two-Thirds of Banks Team With FinTechs on Cross-Border Payments
Digital payments have sparked interest in how traditional banking institutions, particularly in the U.S. and U.K., are partnering with FinTech companies. This is crucial in the area of cross-border pa...

Lloyds Secures Patents for Methodology That Assesses Cybersecurity Alerts
Lloyds Banking Group secured a patent in the United Kingdom and United States for a methodology that uses intelligent algorithms to assess whether cybersecurity alerts could be genuine threats. This m...

AI Drives ThredUp’s 32% Growth in New Customer Volume
Artificial intelligence (AI) is at the core of ThredUp’s strategy, driving growth and improving customer engagement. New customer volume rose 32% year over year, according to CEO and Co-Founder Jame...

Record $3,800,000,000 Flows out of Institutional Crypto Products in One Week: CoinShares
Crypto asset management giant CoinShares says institutional whales pulled billions of dollars out of crypto investment vehicles last week. According to CoinShares’ latest Digital Asset Fund Flows We...

BMO to Deploy Quantum Computing Technology by Year’s End, Says Chief AI Officer
BMO Financial Group, one of the largest banks in North America with $1.4 trillion in total assets, is getting ready to reap the benefits of quantum computing by the end of the year. That’s according...

Tether Appoints New CFO to Audit and Improve Transparency of Its Reserves
Tether, the stablecoin giant, has announced the appointment of Simon McWilliams as its new Chief Financial Officer (CFO). With Simon McWilliams’ expertise in financial auditing, it appears that T...