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The company has filed for bankruptcy amid legal scrutiny over allegations its ATMs were used to facilitate fraud.
Reuters traced $2.3bn in Iranian exchange Nobitex’s flows since 2023 to Tron and BNB Chain, the blockchains established by World Liberty Financial’s two most prominent early backers. No party at WLF has been accused of knowing about it. A Reuters investigation published on Monday documents that Nobitex, Iran’s largest crypto exchange, has processed at least […]
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Business Insider's Seed 100 spotlights the early-stage investors with the rare knack for finding tomorrow's tech giants before the rest of the market knows they exist.
In the AI boom, the definition of "seed stage" has changed dramatically.
At 23:23 on 5 April, a 23-year-old university student in Taichung transmitted a falsified General Alarm signal into the Taiwan High Speed Rail Corporation’s internal radio system. Four trains travelling at up to 300 km/h received the highest-priority emergency alert and switched to manual braking. The entire high-speed rail network was disrupted for 48 minutes. […]
Weeks after guru Mel Robbins received backlash for telling women to upload their banking statements to AI (specifically in an ad for Microsoft Copilot), OpenAI today announced a "personal finance experien
Modern derivatives and digital asset markets operate under a persistent drag of operational friction. A recent Nasdaq survey reveals that 70% of global firms experience settlement failures on a daily basis. This structural inefficiency forces institutions to maintain excess overnight collateral buffers, tying up capital that could otherwise generate returns. The inability to mobilize assets […]
The two hacks came a little over two weeks apart. On 1 April, attackers drained roughly $285 million from Drift Protocol, a Solana-based derivatives exchange, after spending months posing as a quantitative trading firm to trick employees into authorising malicious transactions. On 18 April, a separate group exploited a single-verifier flaw in Kelp DAO’s […]
As gig platforms continue to expand globally, one of the biggest operational challenges they face is managing cross-border disbursements to an ever-growing network of freelancers, creators, and partners across multiple regions. While the gig economy thrives on flexibility and rapid growth, traditional banking systems, particularly wire transfers, struggle to keep up. These payment methods are […]