Revolut Launches Employee Share Sale at $115 Billion Valuation
Revolut has started a secondary share sale for employees, pricing the company at a $115 billion valuation.
Fintech
UK Crypto Platform SecondFi to Cease Operations Following $2.6 Million ADA Theft
SecondFi, a UK‑based crypto platform, announced it will cease operations after a security breach that resulted in the theft of approximately $2.6 million worth of Cardano (ADA) due to a flaw in its wallet software.
Dutch Bitcoin Miner IREN Raises AI Cloud Revenue Outlook on $2.8 Billion Developer Contracts
IREN, a European Bitcoin miner, announced that it has signed $2.8 billion of new contracts with AI developers and consequently increased its AI cloud revenue target for the year to more than $4 billion, sending its shares up 16%.
Crypto Institutions Abandon Traditional Audits for Continuous Monitoring Amid Operational Risk Surge
The article reports that, following a series of operational failures that caused most crypto losses, institutional investors are moving away from relying solely on audit reports. Instead, they are adopting continuous monitoring, stricter signer controls and better incident‑response readiness as new trust signals.
OKX Europe Launches USDT-to-USDC Conversion Service to Meet EU Regulatory Standards
OKX Europe launched a new service enabling users in the EU to switch from USDT to a MiCA‑compliant USDC, providing a regulatory‑friendly alternative as the EU’s MiCA rules reshape the stablecoin market
Dutch Court Orders Bankruptcy of Cryptocurrency Platform Knaken
The Rotterdam court ordered the bankruptcy of crypto platform Knaken after determining the company lacked sufficient assets to repay its users, leading to an orderly settlement process.
Alpaca Secures $135 Million to Expand Tokenized Markets and AI Financial Services
BNP-backed brokerage infrastructure provider Alpaca has raised $135 million to expand into tokenized markets and AI-native financial services as both DeFi and TradFi companies pursue onchain business.
Revolut Secures In-Principle Approval for Crypto Services in Dubai
Revolut, a London-based fintech company, has received in-principle approval from Dubai’s Virtual Assets Regulatory Authority (VARA) to operate crypto services in the UAE, including broker-dealer, management and investment, and exchange services.
Bitcoin Suisse Enters German Market with Focus on Wealth Management and Custody Services
Bitcoin Suisse, a Swiss cryptocurrency provider, is expanding into the German market. The company aims to attract high-net-worth investors in Germany and plans to differentiate itself from competitors through digital currency custody services based in Liechtenstein.
Three Crypto Platforms Win Spanish Payment Licenses for Stablecoin Operations
Three cryptocurrency exchange platforms have obtained payment licenses from the Bank of Spain, which is required authorization to operate with stablecoins in Spain.