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BSCN· 2026-04-22 16:29
US TREASURY PROPOSAL WOULD REQUIRE STABLECOIN ISSUERS TO HARDWIRE SANCTIONS ENFORCEMENT AT THE PROTOCOL LEVELA joint rulemaking proposal from the Treasury's Financial Crimes Enforcement Network and Office of Foreign Assets Control would require digital asset firms, particularly permitted payment stablecoin issuers, to build sanctions enforcement, transaction blocking, and monitoring directly into protocol code.Published in the Federal Register on April 10, the proposal shifts compliance from a reactive laye ...
X @Bloomberg
Bloomberg· 2026-04-21 14:22
Goldman Sachs has named Jeff Gido co-chair of the financial institutions group within investment banking, elevating the long-time financial technology banker https://t.co/FiHPKNxfZc ...
X @BSCN
BSCN· 2026-04-15 17:04
eToro Acquires MPC Wallet Firm Zengo For $70 Million To Push Into Self-Custody@eToro CEO Yoni Assia (@yoniassia) took the stage at Paris Blockchain Week on Wednesday to announce the trading platform has officially acquired self-custodial crypto wallet provider Zengo. Bloomberg reports the deal is worth around $70 million, paid mostly in cash. It pairs eToro's 40 million registered users with Zengo's keyless wallet technology, which uses multi-party computation (MPC) cryptography.Assia framed the move as a b ...
X @Avalanche🔺
Avalanche🔺· 2026-04-07 13:54
RT BSCN (@BSCNews)🚨LATEST: AVALANCHE LANDS BROADRIDGE DEAL AS $8T GIANT MOVES SHAREHOLDER VOTES ON-CHAINBroadridge Financial Solutions, one of Wall Street's most powerful technology firms, has chosen Avalanche (@avax) to host its new on-chain proxy voting infrastructure.The platform, which already handles $8 trillion in tokenized assets monthly, will now allow broker-dealers, wealth managers, and retail investors to vote on corporate matters directly on a public blockchain.Galaxy will be the first U.S. publ ...
X @BSCN
BSCN· 2026-04-07 11:35
🇯🇵LATEST: STABLECOIN ADOPTION ACCELERATES IN JAPAN VIA NETXJapan is leading real-world stablecoin adoption. NETX (@netx_world) trusted computing Layer-1 infrastructure powers a groundbreaking USDC QR-code payment pilot at Haneda Airport Terminal 3.Launched by Netstars for inbound tourists, the trial enables instant, secure Web3-to-retail settlements.This marks a major step under Japan’s progressive regulations, with Phase 2 expansion already planned for sites like Himeji.NetX is turning stablecoins into eve ...
Triumph in the World of Digital Economy | Rajesh Desai | TEDxICT Mumbai
TEDx Talks· 2026-04-03 16:14
You know my grandfather was a sailor and he used to sail a lot across vast oceans, rough seas and as a kid whenever I used to meet him and whenever I used to wait for him it used to be great time for me because of the exciting stories he used to tell me about the rough seas the rough waters and dark waters that horizon which was not defined which could not be seen and that life which seemed out of reach. But amongst all the exciting things things which he used to tell me, the most exciting thing which I use ...
10 Stocks That Could 10X Over the Next 5 Years
Insider Monkey· 2026-04-01 03:58
Core Viewpoint - The article discusses 10 stocks that have the potential to increase tenfold over the next five years, highlighting their growth prospects and strategic initiatives. Group 1: Market Overview - The S&P 500 index experienced a decline of 0.39% on March 30, marking its third consecutive losing session and falling slightly over 9% from its closing high, primarily due to rising oil prices and a significant drop in the technology sector [2] - Consumer morale decreased by approximately 6% in March, reaching its lowest level since late 2025, influenced by rising gas costs and uncertainty in the financial sector, as indicated by a drop in the Michigan Consumer Sentiment Index to 53.3 [3] Group 2: Investment Strategy - The methodology for identifying stocks with the potential to 10x over the next five years involved research from multiple financial websites, focusing on stocks favored by analysts and hedge funds [6] - The strategy of imitating top stock picks from elite hedge funds has proven effective, with a quarterly newsletter returning 498.7% since May 2014, outperforming its benchmark by 303 percentage points [7] Group 3: Company Highlights - **Pagaya Technologies Ltd. (NASDAQ:PGY)**: The company aims for $100-$150 million in GAAP net income by 2026, representing around 50% growth, while maintaining positive cash flow. It leverages a $1 trillion annual application dataset to enhance its underwriting algorithms [9] - Pagaya is transitioning to a partner-led and product-driven development model, incorporating AI technology into various lending platforms and expanding into a multi-product platform [10][11] - **Beam Therapeutics Inc. (NASDAQ:BEAM)**: The company has received a Buy rating and an $80 price target from H.C. Wainwright, following significant progress in its product pipeline, including the innovative gene editing program BEAM-304 [12] - Beam Therapeutics reported a $500 million senior secured contract with Sixth Street to support the potential commercial launch of Risto-Cel, with $1.25 billion in cash and equivalents at the end of 2025, ensuring financial stability through mid-2029 [14][15]
Clip Money Inc. Reports 2025 Year End Results
Globenewswire· 2026-03-31 23:30
Core Insights - Clip Money Inc. reported record revenue growth of 143% in 2025, reaching $5,743,688 compared to $2,360,309 in 2024, driven by a 129% increase in average new deposit users and a 5% increase in revenue per user [6][8] - The company's Cost of Revenues increased by only 52%, indicating strong operating leverage, with expectations for continued performance in 2026 [6] Financial Highlights - Revenue for Q4 2025 was $1,985,894, a 38% increase from Q3 2025's revenue of $1,435,501, attributed to an increase in deposit users and revenue per customer [6] - Operating expenses for 2025 were $7,355,302, a 10% increase from $6,688,824 in 2024 [6] - The net loss for 2025 was ($9,073,119), an improvement from ($9,338,779) in 2024 [6][8] - Total assets as of December 31, 2025, were $9,805,023, while total liabilities were $25,843,036 [8] Corporate Highlights - A partnership with GreenDot Corp. was established to enhance in-person deposit services at over 4,000 retail locations [6] - The company closed two non-brokered private placements in 2025, raising a total of $5,000,000 from Cardtronics, Inc. [6] - A loan of $2,188,822 was received from the Business Development Bank of Canada in December 2025 [6] Network & Customer Highlights - The Clip Money network expanded to over 8,000 deposit-taking locations, supporting a 77% increase in active customers, totaling 4,438 by December 2025 [6][7] - The customer retention rate for 2025 was 99%, reflecting strong service and support [7] - Clip's innovative change order delivery solution, ClipChange, saw record shipments during the 2025 holiday season, enhancing service for retail businesses [6]
Jack Dorsey outlines how AI will change Block's org chart — and replace managers with 'player-coaches'
Business Insider· 2026-03-31 18:58
Core Insights - Jack Dorsey emphasizes the integration of AI into Block's operations, aiming for a transformation that allows a smaller team to achieve more efficiency and effectiveness [1][4] - The restructuring of Block will redefine employee roles into three categories: individual contributors, directly responsible individuals, and player-coaches, eliminating the need for traditional middle management [2][3] Group 1: AI Integration - Block aims to evolve into a "mini-AGI," where AI systems maintain a continuously updated model of the business, facilitating coordination that previously required human management [1] - Dorsey and Botha assert that AI should not merely serve as a cost-cutting tool but should reveal the true nature of the company [5] Group 2: Organizational Restructuring - The new structure will empower individual contributors to make decisions based on AI-generated context rather than waiting for managerial directives [2] - Directly responsible individuals will tackle specific cross-cutting problems with the authority to utilize resources from the AI model [2] - Player-coaches will replace traditional managers, focusing on both individual contributions and talent development, thereby streamlining the organizational hierarchy [3]
'Massive Disruptive Potential': Benchmark Initiates Securitize Coverage With Buy Rating
Yahoo Finance· 2026-03-31 16:31
Core Viewpoint - Benchmark analysts initiated coverage of Cantor Equity Partners II, assigning a "Buy" rating, anticipating a merger with Securitize, a tokenization specialist [1] Company Overview - Securitize is described as a compelling investment in tokenization, focusing on creating a foundation for future capital markets through its platform for digital representations of real-world assets [1] - The firm is projected to generate $178 million in sales by the end of next year, with a price target of $16 set by Benchmark analysts [2] Market Context - The optimistic outlook for Securitize follows a series of listings for crypto-related firms last year, despite challenging market conditions affecting other crypto-native firms [3] - The merger with Cantor Equity Partners II values Securitize at $1.25 billion, with CEPT trading around $11 [3] Revenue Streams - Analysts express confidence in Securitize's revenue potential due to visibility regarding future revenue streams, including origination fees and recurring servicing revenue [4] Industry Impact - There is significant disruptive potential for Securitize in traditional finance, with expectations for improved efficiency and settlement times in capital markets [5] - The collaboration between Securitize and the New York Stock Exchange aims to modernize financial markets through a platform for tokenized securities, aligning with the SEC's vision for "Project Crypto" [6]