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Chutianlong Secures Bid for Digital RMB Hard Wallet Management Project
The A-share listed technology firm Chutianlong has officially announced its successful bid for a comprehensive digital RMB (e-CNY) hard wallet management system project. Commissioned by a major operating institution, th…
Tether Partners With Pave Bank to Launch Fintech Scholarship Program
Tether, the issuer of the world’s largest stablecoin (USDT), has signed a Memorandum of Understanding (MoU) with Pave Bank and the Global Financial and Technology Network (GFTN). The collaboration aims to establish the …
Major Short-Seller Exits CXMT Position With a $3.84 Million Loss
A prominent market participant has begun liquidating a substantial short position in Changxin Technology (CXMT) following a two-month period of significant price appreciation and high maintenance costs. According to dat…
MoonPay to Acquire North Capital in $100M Deal for Tokenized Securities
MoonPay, a leading crypto payments infrastructure provider, has announced its intention to acquire North Capital Investment Technology, a Utah-based brokerage service firm. This strategic move, valued at over $100 mill…
Hong Kong to Trial Tokenized Exchange Fund Bills by Year-End 2026
Hong Kong is accelerating its integration of blockchain technology into the traditional financial system, with plans to trial the tokenization of Exchange Fund Bills by the end of 2026. Financial Secretary Paul Chan Mo-…
Tenka Secures Pre-Seed Funding Led by Maven 11 for RWA Infrastructure
The asset-backed financial infrastructure provider Tenka has successfully closed its Pre-Seed financing round, marking a significant milestone in the development of institutional-grade private credit solutions. Led by M…
Tare Secures $3.25M Seed Funding to Advance On-Chain Lending Infrastructure
Fintech startup Tare has successfully closed a $3.25 million seed funding round to accelerate the development of its institutional-grade loan management software. The investment round was spearheaded by Blockchain Capit…
Former CCB Asia Manager Pleads Guilty to $15,000 Tether Bribe Charges
A former relationship manager at China Construction Bank (Asia) Corporation Limited has pleaded guilty to charges involving the acceptance of illegal gratuities in the form of cryptocurrency. Lin Junxian admitted to con…
OpenAI Debuts ChatGPT for Financial Services Powered by GPT-6 Astra
OpenAI has officially unveiled ChatGPT for Financial Services, a specialized iteration of its enterprise-grade workspace designed specifically for investment professionals and banking institutions. Announced on Septembe…
Latitude Secures $20M Series A to Enhance Stablecoin Payments
The cross-border payment infrastructure provider Latitude has successfully closed a Series A funding round, raising significant capital to bridge the gap between traditional finance and digital assets. Led by Oak HC/FT,…