Binance Withdraws from FTX Acquisition
Binance has announced that it will not proceed with its plans to acquire FTX, referencing the outcomes of its due diligence and reports regarding U.S....
20% of Consumers Fell Victim to Scammers in 2024
New research from Barclays Bank reveals that one in five consumers fell victim to a scam in the past year. The study, conducted by Censuswide...
FTX Seeks U.S. Bankruptcy Protection as Bankman-Fried Resigns
Cryptocurrency exchange FTX has initiated Chapter 11 bankruptcy proceedings in the United States, with founder Sam Bankman-Fried stepping down as CEO. Around 130 affiliated companies,...
Thieves Use Boat-Lifting Straps to Pull Cash Machines from Car
Heavy-duty straps used for lifting boats out of the water have been associated with a series of cash machine raids in Worcestershire. West Mercia police...
ASX Faces A$250 Million Loss Following Cancellation of DLT-Based Chess Replacement Initiative
The Australian Securities Exchange (ASX) has decided to terminate its long-delayed blockchain-based post-trade network project, resulting in a financial write-off of approximately A$250 million. Since...
BNP Paribas Partners with Oracle for Cloud Solutions
BNP Paribas has announced its decision to integrate Oracle Exadata Cloud@Customer into its cloud strategy, aiming to enhance security and personalize customer experiences within its...
Fedwire Funds Service ISO 20022 Migration Postponed to July
Federal Reserve Financial Services (FRFS) has postponed the rollout of ISO 20022 for the Fedwire Funds Service from March to July. Despite several years of...
Chainalysis Acquires AI Fraud Detection Company Alterya
Blockchain analysis leader Chainalysis has acquired Alterya, a startup specializing in generative AI-powered fraud detection. Alterya collaborates with major cryptocurrency exchanges and fintech companies, including...
GoTo Group Reduces Workforce by 12%
Indonesian tech group PT GoTo Gojek Tokopedia Tbk has announced plans to lay off 12% of its workforce, equating to approximately 1,300 employees. In a...
Ireland Introduces Legislative Reforms to Combat Scam Epidemic
Ireland's Government has committed to establishing a shared fraud database among financial institutions, utility companies, and payment firms, in response to nearly €100 million in...