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$40 Billion Bitcoin Error Rocks Bithumb as Internal Controls Collapse

$40 Billion Bitcoin Error Rocks Bithumb as Internal Controls Collapse

Hey FinTech Fanatic! South Korea’s second-largest crypto exchange, Bithumb, just admitted to a $40 billion transfer error after an internal system failure. 👀 During a promo payout, the exchange distributed 620,000 Bitcoin instead of 620,000 Korean won. That’s roughly 15x its reported BTC reserves. A 24-hour processing

Bretton AI Raises $75M to Reinvent Financial Crime Compliance

Bretton AI Raises $75M to Reinvent Financial Crime Compliance

Hey FinTech Fanatic! Bretton AI just raised $75M to automate one of the least glamorous but most critical layers of financial services: financial crime remediation. Bretton is betting generative AI can handle that complexity. Not just flagging risk, but helping compliance teams investigate and resolve it faster. Founder Will Lawrence

Stripe Rockets Toward $140B Valuation... And Still Says No Rush to IPO

Stripe Rockets Toward $140B Valuation... And Still Says No Rush to IPO

Hey FinTech Fanatic! Stripe is setting up a new tender offer that would push its valuation to $140B, a jump of more than $30B from last year. For a company that hasn’t gone public, that’s a loud signal. Stripe has been using tender offers as its pressure valve

Adyen and Uber Push Payments Into The Real World with Kiosks

Adyen and Uber Push Payments Into The Real World with Kiosks

Hey FinTech Fanatic! This one sparked a lot of reactions today. And not by accident. Uber and Adyen just expanded their global partnership. Same payment stack, now showing up far beyond the app. Airports. Hotels. Physical kiosks. Real-world touchpoints. In places like Prague airport, travelers can walk up to an

Tether Goes on the Offensive Across Gold, Custody, and Payments

Tether Goes on the Offensive Across Gold, Custody, and Payments

Hey FinTech Fanatic! Today’s story is really one story told in three moves… all coming from Tether. First, Tether invested $150M in Gold.com, taking a 12% stake and pushing its gold-backed stablecoin XAUT closer to both tokenized and physical gold distribution. This lands at a moment when gold

See You in Vegas for FinTech Meetup: Where Real FinTech Conversations Happen!

See You in Vegas for FinTech Meetup: Where Real FinTech Conversations Happen!

Hey FinTech Fanatic! My bi-monthly US trip is coming to an end after a few intense weeks of meetings and freezing snowstorms. New York was amazing as always, but I'm looking forward to heading back to sunny Curaçao tomorrow and spending the weekend relaxing on the beach. I&

EXCLUSIVE: Klarna Breaks Silence on Dutch Debt Collection Registry

EXCLUSIVE: Klarna Breaks Silence on Dutch Debt Collection Registry

Hey FinTech Fanatic! Dutch Minister says Klarna is not registered in the national debt collection registry and may be in breach of regulations. New parliamentary responses in the Netherlands are raising questions around debt collection practices linked to Buy Now, Pay Later providers, following reporting by Follow the Money NL.