APX Lending Expands into the US and Unveils White Label Solution

APX Lending, a pioneer in compliant crypto-backed lending, is proud to announce two significant developments that underscore its commitment to innovation and market leadership. At the Blockchain Futurist Conference 2024 in Toronto, Canada, CEO Andrei Poliakov announced the company’s expansion into the United States, where it now serves comfmercial borrowers across 30 states, and unveiled APX Lending’s new White Label Solution designed for banks, credit unions, lenders, and fintech companies. Expansion into the US MarketAPX Lending is pleased to...

HTX Integrates Fireblocks Off Exchange

HTX announces its integration of Fireblocks Off Exchange, an innovative direct custody solution that mitigates exchange counterparty risk. Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on blockchain, launched Off Exchange to enable trading firms and asset managers to trade on centralized exchanges from an on-chain multi-party computation (MPC) shared wallet. The integration of Off Exchange will help strengthen digital asset security, streamline global compliance operations, and create a better...

Red Teaming Platform for LLM in Global 100 AI Fintech List 2024

Adversa AI is thrilled to announce its continuous AI Red Teaming solution inclusion in the renowned AI Fintech Global list for 2024. This honor highlights the world’s most innovative companies developing cutting-edge AI technologies in financial services, showcasing Adversa AI’s pivotal role in the AI and GenAI Security industry. The recognition underscores Adversa AI’s flagship product, Continuous Red Teaming for Generative AI (GenAI), which is revolutionizing the financial sector’s approach to security and resilience. As financial institutions worldwide rush...

CertiK Releases Hack3d: The Web3 Security Report for Q2 and H1 2024

CertiK, the industry leader in blockchain security, announced the release of its latest publication. Hack3d: The Web3 Security Report for Q2 and H1 2024 reports on the state of onchain security over the eventful second quarter and the first half of the year. Hack3d reports are the most detailed and authoritative security reports in the industry, providing the Web3 community with the most comprehensive statistics on onchain hacks, scams, and exploits. In Q2 2024, $688...

Aave’s GHO Stablecoin Now Live on Arbitrum Powered by Chainlink CCIP

Following community discussions and voting, the Aave DAO has launched GHO on the Arbitrum network – the DAO’s first new market in its phased GHO cross-chain expansion strategy. GHO, the multi-collateralized stablecoin native to the Aave Protocol, will utilize the industry standard Chainlink Cross-Chain Interoperability Protocol (CCIP) and rollout progressively, beginning with Arbitrum as the first network and expanding over time to other networks. The expanded availability of GHO beyond Ethereum mainnet aims to increase accessibility, lower transaction costs, enhance the user experience, and...

Half of US and UK finance professionals hit by deepfake fraud scams

Half of finance professionals (53%) have been attacked with deepfake scamming attempts, with 43% admitting they have fallen victim to an attack according to new data from Medius, a leading provider of cloud-based accounts payable automation and spend management solutions. 85% of respondents say deepfake technology poses an existential crisis to the business’ financial security. Ahmed Fessi, Chief Transformation & Information Officer, explains: “Today’s CEOs and CFOs have large digital footprints. They have speeches, interviews...

Regional Management Corp. Completes $187M Asset-Backed Securitization

Regional Management Corp., a diversified consumer finance company, announced that it has completed a $187.3 million asset-backed securitization, marking its tenth successful securitization. The Regional Management Issuance Trust 2024-1 (RMIT 2024-1) notes were issued at a weighted-average coupon of 6.19% (a 132 bps improvement over the prior RMIT 2022-2B issued notes), secured by $215.7 million of receivables, with a 3-year revolving period. The Class A notes of the securitization received a top rating of “AAA”...

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