In an embarrassing error, PayPal blockchain partner Paxos accidentally minted 300 trillion of the PYUSD token today. PayPal's stablecoin, which it debuted in 2023, is supposed to be redeemable at a ...

In 2025, you may have lost track of where crypto is in its hype cycle. But innovative things are definitely happening in fintech and on the blockchain. From building firewalls and AI agents to ...

Elon Musk and X Corp have reached a settlement with four former Twitter executives who alleged they were not paid $128 million in severance pay following Musk’s 2022 acquisition of the company. The ...

Bank of New York Mellon (BK), the world’s largest custodial bank with $55.8 trillion in assets under custody, is testing tokenized deposits in a bid to modernize its global payment infrastructure and ...

The family office of US hedge fund veteran Jim Pallotta is expanding its bets on decentralized finance as private investment firms for the ultra-wealthy boost investments in digital assets. Pallotta’s ...

FundsChain, a blockchain-based platform, enables the World Bank to improve traceability, accountability, and streamline operations when tracking the use of funds. Key features include tamper-proof ...

As higher education institutions navigate the digital age, the secure management of academic records and credentials has become a top priority. Blockchain technology, once associated primarily with ...

More than 30 of the largest banks worldwide join in the design, development, and testing of the new offering, SWIFT announced at the Sibos conference. Big news at this year’s Sibos conference in ...

This content has been selected, created and edited by the Finextra editorial team based upon its relevance and interest to our community. Swift will work with Consensys on a conceptual prototype of ...

Theta Capital Management is seeking to raise $200 million for its latest blockchain fund-of-funds, aiming to capitalize on early-stage blockchain opportunities even as venture funding in the sector ...