July 20, 2025

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Crypto

Criminals steal $27 million worth of cryptocurrency from crypto exchange

The cryptocurrency exchange BigONE has admitted to a cyberattack on the digital deposits it manages, in which Bitcoin, Ethereum, and other tokens worth a total of US$27 million were stolen. However, the operators assure that no private keys or user data were affected. In addition, the crypto exchange is taking responsibility and will reimburse affected

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Crypto

WinnerMining redefines cloud mining, making it easy to appreciate cryptocurrency

New York, NY, USA, July 14, 2025 (GLOBE NEWSWIRE) — With the rapid development of cryptocurrencies in the past decade, the global financial landscape is undergoing unprecedented changes. In this wave, the innovative intelligent cloud mining platform WinnerMining stands out and is committed to providing global investors with convenient, safe and sustainable digital asset value-added

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Banking

Beyond lending: Open Banking lessons from the Public Sector: By Andrew Bonsall

Assessing vulnerability is one of the most pressing challenges facing local authorities today. Yet, many still rely on static indicators, such as postcode, benefit status, or historic income, that only paint part of the picture. These data points often miss the subtle, daily indicators of financial pressure. What’s often missing is a live view

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Banking

Banking on Intelligence: The Global Sprint to AI Maturity in Finance: By Alex Kreger

Artificial intelligence is no longer a futuristic buzzword—it’s a present-day battleground for competitive advantage in banking. Across the globe, countries are embracing AI at vastly different speeds, with Asia and the Middle East taking the lead in enterprise adoption, while the U.S. and UK scale up their generative AI pilots. From virtual assistants to risk

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Banking

Open Banking Won’t Work Without Trust. Here’s How We Enable That.: By Mathieu Altwegg

Open banking isn’t just a regulatory shift – it’s a generational opportunity. For the UK, one of the most digitally connected economies in the world, it offers a pathway to make managing money simpler, smarter, and more rewarding. It holds the promise for consumers to move money instantly, access better financial tools, switch providers effortlessly,

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Banking

Banking on Trust: How Belize Balances Privacy and Compliance in the Global Financial System: By Luigi Wewege

In today’s financial world, trust is more than a virtue, it’s a currency. As global banking continues to evolve under the weight of new regulations, data transparency mandates, and geopolitical uncertainty, clients across the world are seeking something increasingly rare: institutions that can both protect their financial privacy and comply with international standards. Belize, quietly

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Banking

The Convergence of Fintech and Banking: The Gap Between UX and Functionality Is Closing: By Alex Kreger

In the past decade, the financial landscape witnessed a dramatic transformation driven by two distinct forces: fintech startups and traditional banks. Initially, fintechs emerged as UX-rich but often monofunctional challengers, while banks remained service-rich but struggled with digital customer experience. Today, however, these lines are blurring — fintechs are expanding into full-scale banks, and traditional

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Banking

Sparkasse: Error in the S-pushTAN app paralyzes online banking

The savings banks’ online banking had to contend with massive disruptions on Sunday. The release of transactions with the S-pushTAN app failed. However, the problem is said to have been resolved meanwhile. The first reports appeared on the Allestörungen portal at around midnight, rising to more than 4,500 by midday on Sunday. Since then, the

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