Nasdaq 100 Loses $2.5 Trillion as AI Stocks Slide After Midterms
U.S. tech stocks sold off hard on November 5. The Nasdaq 100 shed roughly $2.5 trillion in market value.
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Pliant Raises $80 Million to Push B2B Payments Toward AI Agents
Berlin fintech Pliant has raised $80 million in a Series C round led by Seaya Nova and Speedinvest. Illuminate Financial, Motive Partners and Molten Ventures also took part.
Revolut Moves 2,000 Engineers to Self-Hosted Chinese AI Model
Revolut has moved around 2,000 engineers from Claude Code and OpenAI’s Codex to a self-hosted model developed by Chinese AI company Z.ai.
The Trading Festival Mexico’s Trading Cup Offers Traders a Shot at a 100K Challenge
Sponsored by The5ers, the two-day demo trading competition will take place on 12–13 November at the World Trade Center Mexico City, featuring four live trading rounds and prizes for the top 10 participants in each round.
Hong Kong Passes Crypto Tax Reporting Rules, Data Collection Starts in 2027
Hong Kong’s legislature passed a bill on 4 November that will require crypto-asset service providers covered by the new rules to start collecting customer information for tax authorities.
CaixaBank Extends Cybersecurity Partnership with Palo Alto Networks to Counter AI-Driven Threats
CaixaBank has strengthened its strategic partnership with Palo Alto Networks to improve its defenses against threats linked to advanced artificial intelligence.
TBC Becomes First Bank in Georgia to Launch Palm Payments
TBC Georgia has become the first bank in the country to introduce palm payment, a biometric technology that lets customers pay by scanning their palm.
AI Could Widen Economic Gap Between Rich and Poor Commonwealth Nations by $360 Billion
A new study has found a $360 billion gap in the potential economic benefits of artificial intelligence between the Commonwealth countries best prepared to use the technology and those that are not.
Trust Payments Launches Virtual Cards for Travel Companies With Weavr
Trust Payments has introduced single-use Visa virtual cards for travel businesses that need to pay hotels, airlines, and other approved suppliers.
Glia Introduces AI Prospecting Tool for Community Banks and Credit Unions
Glia has launched Prospect Snapshot, an AI tool that gives community and regional banks a profile of a potential business customer using only their name and address.
EU and Canada Discuss Link Between Real-Time Payment Systems
Canada and the EU are discussing a link between their instant payment systems.
Bitcoin Recovers as Crypto Traders Weigh Democratic Sweep in US Midterms
Bitcoin recovered from a seven-week low on Wednesday as investors assessed the outcome of the U.S. midterm elections, in which Democrats were projected to take control of both the House of Representatives and the Senate.
Sinch Joins SpaceX Super Intelligence Network as Marketplace Partner
Sinch has been named a Marketplace Partner in the SpaceX Super Intelligence (SpaceXSI) Partner Network, the company announced on November 4.
The Trading Festival Mexico Set to Ignite Two Days of Learning, Competition and Connections
More than 3,000 attendees, 50+ exhibitors and 60+ speakers expected for two days of interactive and educational trading experiences
Vitalik Buterin Sees New AI-Driven Risk for Bitcoin and Ethereum
Vitalik Buterin has raised concerns that advances in artificial intelligence could put the cryptography behind Bitcoin and Ethereum at risk.
Chainalysis Helps Freeze Nearly $10M after Mercado Bitcoin Hack
Mercado Bitcoin lost around $49 million in a hack on November 2.
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