Managers of Wealth Fintech

BONK falls 7% despite BURNmas taking $51M in tokens out of circulation

The Bonk team initially promised to execute the burn on Christmas Day, but didn’t get around to it until Dec. 26.

Russian banks authorized to halt transfers with CBDCs for days

The Bank of Russia has introduced new rules requiring banks to suspend digital ruble transactions for up to two days if they are suspected to involve fraud.

KULR Technology Group Joins Bitcoin Investment Trend with $21 Million Purchase

The company conducted a survey through X (formerly Twitter) before the purchase, receiving strong support for the plan.

BaFin and ECB approve Germany’s DekaBank for crypto custody

But let’s not get too excited—this is Germany, after all, where regulation is the order of the day, and every action is measured.

How AI will disrupt fraud prevention & detection technologies

With the rapid acceleration of AI in various business processes and workflows, AI-generated fraud is changing how banks and insurance companies must approach fraud prevention and detection.

Bitget Partners with Fiat24 to Advance PayFi Solutions for Crypto

This initiative aims to provide seamless, efficient, and secure payment solutions that bridge traditional and decentralized financial ecosystems.

Bitcoin, Binance, Ethereum, Solana And Ripple: The Biggest Crypto News Of The Past Week

While gold ETFs have existed for over 20 years, Bitcoin ETFs, launched only in January 2024, have experienced a spectacular rise.

Super funds slowly integrate AI, navigating regulatory challenges

As part of JP Morgan’s research, State Super CEO John Livanas emphasised the transformative impact of machine learning on the fund’s investment management and operations.

North Korea hackers behind 60% of all crypto stolen in 2024

The total value of crypto stolen in 2024 was up 21% on the previous year, although still way down on the $3.7 billion nabbed in 2022.

AI ignited a private market boom. Now wealthy investors want more

The rise of AI has sparked a constellation of startups promising to provide the data, infrastructure, chips, energy, and models to support the technology.

Google Cloud’s Mark Micallef Predicts 4 Key AI Investments for Banks to Thrive in 2025

Banks are now moving beyond AI experimentation and into widespread deployment

French regulator authorizes crypto operations for BPCE subsidiary

BPCE’s crypto subsidiary, Hexarq, is the second banking crypto outfit to receive a nod from French regulator AMF after Société Générale’s Forge.

Netherlands plans to include AI, biotech to investment screening law

Adding these technologies protects Dutch entrepreneurs, their innovations and the future of the Dutch economy.”

GLI Cayman Islands blockchain and cryptocurrency regulation 2025, seventh edition

Providing sound legal counsel in this dynamic environment remains a formidable challenge.

Kaspersky Warns of Rising Threat from Crypto-Draining Malware

Kaspersky also observed a 40% year-on-year increase in posts advertising corporate databases on a popular dark web forum

Google Cloud predicts four ways that GenAI will transform financial services

Maufe predicts that AI agents and multimodal AI will beomce routine in banks, improving customer outcomes and automating mundane form filling.

ClearBank harnessing AI to reduce payment recovery processing time by 80%

Clients can access systems like CHAPS (the bank-to-bank Clearing House Automated Payment System) and Faster Payments simply by connecting to a ClearBank API.

Why firms are opting for a hybrid strategy when integrating AI

Wealth managers seem to be embracing the hybrid structure for now which is leaving more time for firms to focus on the client relationship.

bunq introduces real-time AI speech translation in banking app

Users will always be able to choose if they need real-time AI translation or to talk to the support agent in English.

Binance.US plans to restore USD services in early 2025 — Interim CEO

Binance CEO Richard Teng recently said it was “premature” to discuss the exchange’s return to the US.

Bitcoin, Blockchain & AI