Latest FinTech & Blockchain News
Eightco Holdings Reaffirms Largest Worldcoin Holdings Ahead of World ID Launch
Eightco Holdings Inc. holds 277 million Worldcoin (WLD) tokens, about 9% of circulating supply, the largest disclosed institutional position. Senior management and board member Tom Lee will attend the invite-only World ID launch on April 17th.
The company's treasury includes $90M OpenAI equity, 11,068 ETH, and $112M cash.
European Banks Warned of Crypto Disruption Risks by RBC Analysts
RBC Capital Markets warns European banks like HSBC and Deutsche Bank face up to 7% revenue declines from corporate crypto adoption in payments. Banks risk tighter margins and client loss if they fail to adapt, though new revenue opportunities exist.
Most banks do not see digital assets as core yet, with negligible stablecoin impact.
Russia-Linked Grinex Crypto Exchange Suspends Operations After $10M Hack
Grinex, a Russia-linked crypto exchange, halted operations following a cyber attack stealing assets worth 1 billion roubles (about $10M). The incident disrupts trading amid rising geopolitical tensions.
No further details on recovery or perpetrators released yet.
Five Fintechs Showcase Tools to Help Banks Launch AI and Compliance Products
At FinovateSpring 2026, PentEdge offers AI governance for mid-sized banks navigating federal regulations. Rezliant’s Maestro Pulse automates security fixes for fintech codebases and APIs.
Kato provides compliance-first automation for lenders scaling operations.
Forbes 2026 Fintech 50 Highlights 20 Newcomers and Four Crypto First-Timers
Forbes' annual Fintech 50 list features a vibrant pipeline with 20 new private companies. It includes four first-time crypto honorees amid sector growth.
The list underscores ongoing innovation despite market challenges.
TON Strategy Company Names Kevin Wilson as New CEO
TON Strategy Company, focused on blockchain strategies, appointed Kevin Wilson as Chief Executive Officer on April 17th. The move aims to strengthen leadership in the TON ecosystem.
Wilson brings extensive experience in crypto and fintech operations.
Deutsche Bank, Barclays Join Bank-Led Stablecoin Initiatives
European banks including Deutsche Bank, Barclays, and BNP Paribas are participating in stablecoin projects to expand crypto offerings. This counters risks from corporate crypto adoption in cross-border payments.
83% of surveyed banks still do not view digital assets as core services.
Eightco Provides Public Access to OpenAI and Worldcoin via Treasury
Eightco's treasury holds $90M in OpenAI equity (28% of assets) and 277M WLD tokens ahead of World Lift Off event. It offers investors exposure to innovative privates like Beast Industries and ETH holdings.
Total treasury: $90M OpenAI, $25M Beast, 11k ETH, $112M cash.
Fintechs Target Community Banks with Examiner-Ready AI Platforms
PentEdge's AIMS platform helps $500M-$100B institutions comply with federal AI risk guidance. It provides governance tools tailored for community banks and credit unions.
Showcased at FinovateSpring 2026 in San Diego.
Corporate Cross-Border Payments Seen as Top Crypto Use Case by Banks
A survey of 18 European banks identifies cross-border payments as the primary digital asset application. Highly exposed banks like HSBC could lose significant fee income.
Stablecoin demand remains limited currently.