Wednesday, February 26, 2025

Bybit Begins Awarding Bounties for Tracing and Freezing Stolen Crypto
Cryptocurrency exchange Bybit has awarded a collective bounty of $4.2 million to five bounty hunters that have helped trace and freeze funds that were stolen from the exchange in a hack. Bybit is offe...

Emburse Bets on AI to Tackle Expense Management
Travel and expense solutions provider Emburse added artificial intelligence capabilities to its product suite. Emburse AI is designed to alleviate common frustration in expense and invoice management,...

Trump Says US Has Decided to Impose Tariffs on EU
President Donald Trump reportedly said Wednesday (Feb. 26) that the U.S. has decided to impose tariffs on the European Union (EU) and will announce the details soon. “It’ll be 25% generally speak...

Government Memo Outlines How Agencies Should Streamline Federal Workforce
Federal government agencies should focus on the “maximum elimination” of functions that are not statutorily mandated, while enabling high-quality, efficient delivery of those are that statutorily ...

BNY Teams With OpenAI to Bring ‘Transformational’ AI to Banking
OpenAI launched a multiyear agreement with BNY, the oldest bank in the United States. The partnership gives BNY — formerly Bank of New York Mellon — access to OpenAI artificial intelligence tools ...

DealMaker CEO Outlines Recommendations to Improve Online Capital Formation
DealMaker CEO and co-founder Rebecca Kacaba participated in a Congressional hearing today. Hosted by the Subcommittee on Capital Markets, part of the House Financial Services Committee, the topic was ...

Bitwise Asset Management Announces $70M Investment
Bitwise Asset Management, a crypto-specialist asset manager with over $12 billion in client assets, announced the completion of a $70 million equity raise. The investment round was reportedly led by E...

Australia’s Digital Bank Ubank Rebuilds Broker Platform
Australia’s digital banking platform, Ubank, has reportedly rebuilt its mortgage broker platform to streamline the digital home loan lodgement process and deliver a compelling online experience for ...

House Financial Services Committee Requests Feedback on Improving Access to Capital, Investor Opportunity
The House Financial Services Committee, Subcommittee on Capital Markets, held a hearing today entitled, The Future of American Capital: Strengthening Public and Private Markets by Increasing Investor ...

QED Investors Leads Series A Funding for Latam Fintech Capim
QED Investors and Valor Capital have led a $26.7 million Series A funding round in Capim, a Fintech based in Sao Paolo, Brazil. The company launched in 2021. The round included existing investors O...

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Wednesday, February 26, 2025

February