Latest news headlines: Finextra Research

Ex-Celsius CEO Mashinsky gets 12-year sentence for crypto fraud

Alexander Mashinsky, the former CEO of crypto firm Celsius Network, has been sentenced to 12 years in prison for commodities fraud and securities fraud.

5 hours

/ai

Google integrates LLM Gemini Nano to prevent evolving scams

Alongside the release of their 'Fighting Scams in Search Report', Google have shared how Chrome, Search and Android are using AI-powered technologies to defend users against online scams.

8 hours

/crypto

New Hampshire becomes first US state to establish Strategic Bitcoin Reserve

This week, Governor Kelly Ayotte signed House Bill 302 into law, paving the way for NH'S Treasury to allocate up to 5% of public funds to these assets. The legislation is based on a plan by pro-Bitcoin non profit Satoshi Action Fund.

9 hours

/security

Ox Security closes Series B at $60 million

The round brings the application security platform and cybersecurity company's total funding to $94 million. Led by DTCP with participation from Swisscom, IBM, Evolution Equity and Team 8, the capital will be used to strategically grow production innovation and global footprint.

9 hours

/ai

Klarna takes foot off AI gas as CEO acknowledges importance of human customer service

After aggressively pursuing an AI-driven workforce reduction strategy, Klarna says it is "evolving" the strategy and hiring customer service employees in an acknowledgment that people often still want to talk to a human.

19 hours

/crypto

Bhutan launches world's first national-level crypto tourism payment system

Bhutan has joined forces with Binance and DK Bank to become the first country to roll out a national-level crypto payments system for tourists.

19 hours

/crypto

Coinbase agrees $2.9bn deal to buy crypto options exchange Deribit

Coinbase has boosted its derivatives business by agreeing to buy crypto options exchange Deribit for $2.9 billion.

08 May 2025

/payments

Nordic countries develop offline payment backups amid geopolitical upheaval

Finland, Sweden, Norway, Denmark and Estonia are developing an offline card payment systems to avoid outages if online services are knocked out, according to Reuters.

08 May 2025

/wealth

Citi and SDX announce digital assets plan for private markets

Citi has teamed up with Swiss post-trade group SDX in a bid to develop tokenisation for private market assets.

08 May 2025

/inclusion

Robinhood to bring tokenisation to Europe

US-based stock trading app Robinhood is planning to expand its European presence by offering investors in the region access to tokenised US securities.

08 May 2025