May 5, 2026 @ 3:47 pm By JD Alois  |  

Agentic eCommerce firm ZyG has raised $60 million in a Series A funding round led by Accel. Sonali De Rycker, partner at Accel, will be joining the ZyG board of directors. Other investors include Felix Capital, as well as new and existing investors. ZyG claims… Read More

May 5, 2026 @ 2:10 pm By JD Alois  |  

Speaking with CNBC today, Citadel founder and CEO Ken Griffin said that, as a direct consequence of the socialist Mayor of New York City, Zohran Mamdani, Citadel will move more jobs to Miami. Griffin said they have filed with the city of Miami to expand… Read More

May 5, 2026 @ 1:55 pm By JD Alois  |  

Legacy banks continue to complain about the possibility of stablecoin yield or rewards included in the CLARITY Act. While banks use fear, uncertainty, and doubt to warn that they will not be able to lend money to consumers and businesses if stablecoin holders earn yield,… Read More

May 5, 2026 @ 11:13 am By JD Alois  |  

Anthropic has announced dedicated AI agents for the financial services sector. The company stated that it can now automate time-consuming tasks such as building pitchbooks, writing credit memos, screening KYC files, and closing the books at month-end. These services are being sold as individual plugins… Read More

May 5, 2026 @ 10:58 am By JD Alois  |  

Last month, the European Union published a report on wealth taxation, a topic that has been front and center not only in Europe but in the United States. One portion of the discussion concerns how exit taxes could affect decisions to vote with your feet… Read More

May 5, 2026 @ 9:58 am By JD Alois  |  

Payments platform RS2 says it has established a long-term agreement with a major financial services partner in Latin America to expand its footprint. RS2 did not disclose the firm’s name. The company states that the partnership will broaden RS2’s regional footprint. RS2 is poised to… Read More

May 5, 2026 @ 9:00 am By JD Alois  |  

Prediction market platform Kalshi has partnered with Mesh to enable crypto payouts and deposits, according to a company statement. Mesh is expected to enable Kalshi to connect with over 300 wallets and exchanges, including Coinbase, Binance, MetaMask, and others. The partnership is being described as… Read More

May 5, 2026 @ 8:45 am By JD Alois  |  

The American Bankers Association, Bank Policy Institute, Consumer Bankers Association, Financial Services Forum, and Independent Community Bankers of America issued a shared comment on the language regarding the compromise on stablecoin yield. This is the single biggest hurdle for the passage of the CLARITY Act, crypto… Read More

May 5, 2026 @ 8:14 am By JD Alois  |  

Coinbase (NASDAQ:COIN) has announced it will slash employee headcount just days in advance of its Q1 2026 earnings report. According to an email distributed by Coinbase CEO Brian Armstrong, the company will cut its workforce by 14%. At the end of 2025, Coinbase reported 4,951… Read More

May 4, 2026 @ 4:54 pm By JD Alois  |  

Billionaire investor and entrepreneur Elon Musk has settled an outstanding case with the Securities and Exchange Commission.  The enforcement action was in regard to Musk’s takeover of Twitter, now called X. The allegation was that Musk delayed his disclosure of his purchases of Twitter shares,… Read More

May 4, 2026 @ 2:35 pm By JD Alois  |  

Earlier today, CI noted that Coinbase (NASDAQ:COIN) was experiencing a rise in its share price following news that a compromise had been reached on the crypto market infrastructure legislation, or the CLARITY Act, on stablecoin yield. Legacy banks were leery of allowing yield, or interest payments,… Read More

May 4, 2026 @ 10:35 am By JD Alois  |  

Last month, the European Union (EU) announced a €180 million commitment to “sovereign cloud services” distributed over 6 years. The goal is for Europe to enhance its own sovereignty,” while “reinforcing strategic control across key technologies and infrastructure.” This allows Europe to move away from… Read More

May 4, 2026 @ 9:31 am By JD Alois  |  

Coinbase (NASDAQ:COIN) will be a big beneficiary of the CLARITY Act, and with reports indicating the legislation will move to markup as soon as May 11, shares of the everything exchange are moving higher. As was recently reported, a deal has been agreed upon regarding stablecoin… Read More

May 4, 2026 @ 9:00 am By JD Alois  |  

Bitcoin has recently caught a bid as investors have changed their minds and bought the world’s most popular crypto. While BTC is trading at around $79,000, up considerably from last month, it is still below where it started at the beginning of 2026, when it… Read More

May 1, 2026 @ 6:55 pm By JD Alois  |  

According to a report this afternoon, a compromise has been reached on the CLARITY Act and stablecoin yield. The CLARITY Act, or crypto market infrastructure legislation, has been held up by the banking industry, which fears competition from the digital asset sector. Banks worry that… Read More

May 1, 2026 @ 4:14 pm By JD Alois  |  

Stand with Crypto, an association supported by multiple crypto organizations, has hand-delivered a petition demanding Congress move forward with the CLARITY Act. A not-for-profit, Stand with Crypto has a mission of representing the 52+ million Americans who own crypto assets. The goal is to enact… Read More

May 1, 2026 @ 9:30 am By JD Alois  |  

Stablecoin issuer Tether is reporting Q1 2026 net profit of $1.04 billion. The earnings news was joined by its periodic attestation regarding reserves and more produced by BDO. Notes of interest provided by Tether: US Treasury Exposure: Total direct and indirect exposure reached $141 billion…. Read More

May 1, 2026 @ 8:55 am By JD Alois  |  

Institutions are bringing greater rigor to their crypto investment practices, according to recent research. UK and EU financial firms plan to increase their allocation to digital assets this year, despite heightened volatility. This is according to research by Coinbase Institutional and EY-Parthenon, which surveyed 351… Read More

April 30, 2026 @ 2:39 pm By JD Alois  |  

Regulation Crowdfunding, or Reg CF, is a securities exemption that enables online capital formation for smaller issuers. The exemption only requires a notice filing with the SEC, and thus does not need to be “qualified” by the regulator before the business raises money online. Typically,… Read More

April 30, 2026 @ 10:38 am By JD Alois  |  

Investing.com has acquired Stonki to accelerate its artificial intelligence objectives. The terms of acquisition were not immediately available. Stonki is an AI-powered investing assistant that helps traders create structured, actionable trading plans. Agentic AI for investing Investing.com said there had been an increase in AI-enabled… Read More