Fintech Parker files for bankruptcy
“Three weeks ago I thought Parker would be acquired in a deal valued at around $90 million,” fintech co-founder Yacine Sibous wrote on Saturday. “We filed for Chapter 7 yesterday.” Source link
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PrimaryBid Acquired by SoFi | Crowdfunding insiders
Primary OfferA UK-based online investment platform providing access to private securities was purchased by SoFi (NASDAQ:SOFI). Terms of the deal were not disclosed because investors likely received a return on capital. SoFi has partnered with PrimaryBid to support non-institutional investors…
Dormant crypto wallets helped identify alleged Dream Market operator, DOJ says
U.S. prosecutors allege dormant cryptocurrency wallets linked to Dream Market have exposed their suspected master administrator, years after the darknet market was shut down. Source link
Regions taps BofA vet to lead Texas growth push
“What really sets the counties apart is our people,” said Christina Clemmons, Texas’ new consumer executive. “We must take advantage of this.” Source link
Startup BrentWorks Launches to Catch Artificial Intelligence Hallucinations
Artificial intelligence “hallucinations” is a thing. Recently in the news was a report of a major corporate merger announcement that never actually happened. Details were fabricated, including fake press releases, executive motions, and regulatory filings. Estimates have been made that…
Animal Spirits: This Won’t End Well
Sent May 13, 2026 with Ben Carlson sponsored Aim beyond the horizon with our active muni ETFs Navigating today’s complex mini-universe requires precision, and index strategies may fall short. Our solution: The industry’s largest active local ETF series; national ETFs…
What’s happening in crypto today: $101K DeFi attack, MARA’s $1.3B loss, and more
As Ethereum developers and advocates roll out the “open signature” initiative, digital asset treasury companies are exploring active management strategies. Source link
Cardano (ADA) Founder Charles Hoskinson Says Smartphones Have Better Digital Security Than Hardware Wallets
and co-founder of Ethereum argued that everyday smartphones can provide stronger protection for digital assets than many traditional hardware wallets. Leveraging the advanced security elements built into devices like iPhones, Android phones, and Samsung models, it argues that these integrated…
Bermuda leverages Stellar to create ‘world’s first fully chained economy’ – Details
The project has the potential to greatly reduce the cost of payment processing for Bermuda residents. Source link
Ripple Prime Announces $200 Million Debt Facility from Neuberger Specialty Finance to Increase Capacity
Surge Primemulti-asset prime brokerage platform operated by blockchain solutions provider FluctuationClosed a $200 million debt facility arranged through funds managed by Neuberger Specialty Finance. The financing, announced on May 11, 2026, is designed to drive further expansion of the platform…
