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Futu Earnings Surge as Crypto Push, Overseas Users Lift Q2 Revenue 70%
Futu Holdings Ltd...

PENN Entertainment announces stand-alone Hollywood Casino app
PENN Entertainment announced on Tuesday (August 19) that it has launched a stand-alone Hollywood Casino app in West Virginia. The all-new Hollywood Casino platform is available on Android, iOS, and de...

Massachusetts gears up to ban sweepstakes casinos as SGLA pushes back
The Social Gaming Leadership Alliance (SGLA) has come out against another bill this week, following on from their statement against the social casino bill in California. This time, the group is opposi...

Databricks secures $1B to build AI agent tools
According to The Wall Street Journal, Databricks, a data analytics firm founded in 2013, is finalizing a $1 billion funding round, valuing the company at $100 billion. The funds will support the devel...

The next unicorn might not hire anyone
A decade ago, startups often equated success with rapid headcount growth. The formula was simple: build a product, raise a round, hire fast. Bigger teams meant bigger bets. But the rulebook is getting...

Big Banks Pile Into Stablecoin Infrastructure as Wall Street Eyes Crypto Custody
For much of the past decade, Wall Street watched the cryptocurrency industry warily from the sidelines. [contact-form-7] Regulators were opaque, balance sheet rules were tight and reputation...

Starling Acquires Ember to Help Businesses Digitize Tax Filing
British digital lender Starling Bank is set to acquire U.K.-based tax and bookkeeping FinTech Ember. [contact-form-7] The acquisition, announced Tuesday (Aug. 19), will integrate Ember�...

Paxos’ Global Dollar Stablecoin Surges Past $500 Million Valuation
The Paxos-backed stablecoin is growing quickly as investors pile in to take advantage of the network’s revenue sharing....

Robinhood Expands Sports Betting by Launching Football Prediction Markets
Robinhood has expanded its prediction markets to include pro and college football. The move highlights the company’s aggressive strategy to grow its “predictions hub” into major new categories l...

Nuvei and Zuora Launch Recurring Payments Solution for International Enterprises
Nuvei integrated with Zuora to streamline recurring payments for international enterprises. [contact-form-7] The integration of Zuora’s monetization platform and Nuvei’s global acquiring...