December, 2024

December, 2024

Over $225,000,000 in Crypto Distributed To Hack Victims of Collapsed Exchange Cryptopia After Years of Waiting
Hundreds of millions of dollars worth of crypto assets are being distributed to hack victims of the defunct crypto exchange Cryptopia. Investors who had accounts with Cryptopia – a New Zealand-based...

Billionaire Warren Buffett Abruptly Pours $563,000,000 Into Three Assets After Ditching Apple, Bank of America
Billionaire Warren Buffett just poured more than half a billion dollars into three assets. After dumping huge positions in Apple and Bank of America and hoarding $325 billion in cash, new SEC filings�...

Quranium Survey Sounds Quantum Unreadiness Alarm
The recent unveiling of Google’s “Willow” quantum chip has ignited significant discussion throughout the ecosystem, sparking urgent questions about its implications for blockchain security. Qura...

CFPB Claims Regarding Zelle Losses May Be Exaggerated
Earlier this week, the Consumer Financial Protection Bureau (CFPB) announced a lawsuit targeting the big banks that launched Zelle. Zelle was created by big banks in recognition of the rise of peer-...

AI Agent Firm Vapi Celebrates $20M Series A
This past week, Vapi, a developer platform for deploying Voice AI agents, announced that it raised $20 million in Series A funding, led by Bessemer Venture Partners with participation from Abstract Ve...

Swiss Fintech Bivial AG to Focus on Growth in 2025 After Completion of Rebranding from Klarpay AG
Bivial AG is pleased to announce the successful completion of its rebranding from Klarpay AG. According to Bivial AG, this latest transformation represents a “major” milestone in the company’s j...

Paused Rate Cuts, Currency Wars to Come in 2025: Report
Paused rate cuts and full-blown currency wars await markets and investors in 2025, predicts deVere Group CEO Nigel Green. Investors should prepare for heightened volatility in global markets as much-d...

4 Ways Hackers Target Backups and 6 Ways to Stop Them
One trend from 2024 that has vital implications for fintechs is the growing occurrence of ransomware hackers shifting their attention from production systems to backups. According to IDC research, ran...

Digital Assets: FalconX Announces Custody and Staking Support for Bittensor (TAO)
FalconX is pleased to be the first custodian to offer custody and staking support for Bittensor (TAO), providing institutional investors and ecosystem participants with secure, institutional-grade sol...

Consumer Spending in Ireland on the Rise Due to Relatively Low Inflation – Report
Bank of Ireland clients reportedly spent more in 2024 on Black Friday to Cyber Monday weekend, up a substantial 4.7% on the past year, while spending by Bank of Ireland customers for the month of Nove...

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March