Business

Bitcoin & Altcoins

NEW YORK, December 3, 2025: A broad cryptocurrency sell-off wiped out nearly $1 billion in leveraged positions within 24 hours, marking one of the largest liquidation events of the year and underscoring renewed volatility in digital asset markets. The decline reflects an accelerated unwinding of high-risk trades as investors react to tightening financial conditions and weakening sentiment across global markets. Bitcoin, the world’s largest cryptocurrency, tumbled as much as 8 percent on Monday to about $83,800 in New York trading, its lowest level since…

AI

FinTech

European climate fintech companies have exhibited remarkable resilience in the face of global economic challenges, as highlighted in the latest findings of the “Climate Fintech Report 2024” published by CommerzVentures, an independent Venture Capital firm. Contrary to the broader venture capital market, which experienced a 38% year-over-year decline,…

Baanx, a pioneering force in cryptocurrency payments, has achieved a significant milestone by securing a substantial $20 million in Series A funding. Spearheaded by a notable consortium including Ledger, the Tezos Foundation, Chiron, and the British Business Bank, this investment propels Baanx’s total funding to an impressive $35.3…

Fintech, heralded as a solution to many of Africa’s economic challenges, has become deeply ingrained in the continent’s financial landscape over the past decade. While headlines often tout its benefits, portraying it as a driver of financial inclusion and economic empowerment, there’s a growing counter-narrative emerging. Critics from…