The new solution from Derivative Path and Wells Fargo simplifies and speeds up international transactions, allowing smaller regional banks to offer secure and transparent foreign exchange (FX) payment services similar to those provided by big financial institutions.
Humanity Protocol has secured a fully diluted valuation of $1.1 billion after raising $20 million in a funding round co-led by Jump Crypto and Pantera Capital.
On Monday, January 27, Nvidia’s market capitalization decreased by almost $600 billion which is a record one-day drop in the history of companies based in the United States.
The media published information according to which the search engine startup Perplexity AI has revised its plans to merge with TikTok.
Crypto exchanges OKX and Crypto.com have received full licenses under the European Union’s Markets in Crypto-Assets Regulation (MiCA).
On Monday, January 27, bitcoin dropped below $100,000, thus falling to its lowest level in the last 11 days.
The market capitalization of the Solana token carrying DeepSeek, the Chinese star of the artificial intelligence industry, which is currently being actively discussed in the global information space as a groundbreaking product in the AI area, briefly rose to $48 million.
The success of an open-source AI model, DeepSeek, created by a Chinese startup, caused significant declines in major tech stocks, including Nvidia, Microsoft, and Meta.
Indian fintech Slice Bank is looking to raise between $250-$300 million to expand its offering with merchant services.
Buy Now, Pay Later (BNPL) lender Affirm Holdings has expanded the scope of its capital partnership with an investment company Liberty Mutual Investments (LMI).
Texas Instruments has published a profit forecast for the first quarter of the current year, which turned out to be lower than analysts’ preliminary expectations regarding the dynamic of the corresponding indicator.
Meta Platforms Inc. chief executive officer Mark Zuckerberg said on Friday, January 24, that in the current year, this technology giant intends to invest up to $65 billion in projects related to artificial intelligence.
On Friday, January 24, the Bank of Japan decided to raise interest rates to the highest level since the global financial crisis of 2008.
Despite increasing pressure from anti-DEI activists fueled by recent political shifts, several financial institutions, including Goldman Sachs and JPMorgan Chase, have chosen to maintain or even strengthen their DEI programs.
The new President administration intends to position the U.S. as a leader in the crypto sector, aiming to establish a strategic national digital asset stockpile, potentially comprising cryptocurrencies lawfully seized by the federal government.
Citi predicts an increase in momentum in Asian fundraising for technology companies in the current year.
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