XDC Ventures, the investment arm of the XDC Network, has acquired Contour Network, a global digital trade finance consortium supported by major banks such as HSBC and Standard Chartered. The deal will revive Contour’s digital Letter of Credit (LC) platform and connect it with XDC’s hybrid Layer-1 blockchain, creating a bridge between traditional trade finance…
U.S. President Donald Trump pardoned the founder of the crypto-exchange Binance, Changpeng Zhao, according to a report by the The Wall Street Journal which cited sources close to the matter. Trump signed the pardon on Wednesday after months of support efforts by Zhao for the Trump family’s crypto company. Zhao — known as “CZ” —…
Global cryptocurrency exchange Kraken has seen its quarterly revenue more than double, signaling renewed momentum in the digital asset sector as the company gears up for a potential U.S. public listing in 2026. According to a Bloomberg report published Wednesday, Kraken’s Q3 revenue surged 114% year-over-year to $648 million, while adjusted earnings climbed to $178.6…
Sweden-based cryptocurrency exchange Safello, known for its focus on the Nordic markets and regulated under Sweden’s Financial Supervisory Authority (Finansinspektionen), has announced that it will sponsor the Swedish Counter-Strike Cup 2025 — the country’s largest national esports tournament. The competition will culminate in live finals in Stockholm in November 2025. This marks Safello’s first-ever esports…
El Salvador–based Roxom has officially launched bitcoin-denominated perpetual futures for Gold and the S&P 500, allowing traders to price, hedge, and speculate on traditional financial assets entirely in BTC — without ever converting to fiat currency. With this innovation, Roxom bridges the gap between traditional markets and the Bitcoin economy, offering a new level of…
The Kadena organization is shutting down, and while the JP Morgan vets’ blockchain will remain online, the KDA token is quickly plummeting. The company behind the Kadena blockchain announced Tuesday that it is shutting down—and while the decentralized blockchain will remain online, the KDA token tied to it has quickly plummeted in price following the…
The bid only convinced shareholders representing 25.47% of Sabadell voting rights. That was far short of the 50% BBVA needed for the deal to pass outright. Lender BBVA has failed in its takeover bid for smaller rival Sabadell, bringing an end to the tumultuous Spanish banking drama. Sabadell shareholders holding 25.47% of voting rights backed…
HSBC has appointed David Lindberg as the new chief executive of its UK bank, marking a strategic move aimed at strengthening its core home market. “HSBC Holdings plc today announces that David Lindberg has been appointed as CEO of HSBC UK Bank plc, the Company’s UK ring-fenced bank, upon receipt of regulatory approval,” the banking…
Women in the EU earn on average 12% less per hour than men, according to Eurostat. To address this persistent gender pay gap, the EU is introducing new rules on pay transparency designed to strengthen the principle of “equal pay for equal work”. For millions of workers, knowing the pay range before applying for a…
Nicolas Sarkozy, the president of France from 2007 to 2012, received a five-year sentence after being convicted in a campaign finance scandal. The former French president Nicolas Sarkozy began his five-year jail term at a Paris prison on Tuesday, the first time in more than half a century an ex-head of state has been jailed…