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Crypto
Barclays considers using blockchain for payments, deposits and other banking functions
Barclays is considering adopting blockchain technology to handle core banking functions such as payments and deposits, and to process digital assets including stablecoins, Cointelegraph reported, citing Bloomberg News. The bank is seeking technology cooperation to build a blockchain platform and has sent requests for information to multiple suppliers. It may choose a partner as early as April. The move is seen as part of a strategy to expand its presence in digital assets.
Crypto
Japan's yen moves onto blockchain as major financiers, regulators step up stablecoin push
Japan's regulators and related companies are working to overhaul the financial system to boost stablecoins and the Web3 economy, Cointelegraph reported. SBI Group's Web3 strategy centres on a yen stablecoin and a blockchain called Streamium for settlement of securities and real assets, while seeking government approval. SBI and Startale Group plan to launch JPYSC to bring carry trades on-chain. Existing yen stablecoin JPYC is small, and retail participation is weak due to crypto taxes.
Crypto
Figure shares plunge 20 percent after fourth-quarter results
Figure Technology, a blockchain-based lending platform, saw its shares plunge 20 percent after reporting fourth-quarter results, Cointelegraph reported on Feb. 27. Revenue rose to $159.9 million from $83.9 million a year earlier, while net income increased to $15.1 million. Earnings per share were $0.06, missing the market expectation of $0.18. The company said loan growth drove revenue.
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Crypto
Alchemy introduces automated payment system targeting AI agents
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AI & Enterprise
Trump orders federal agencies to stop using Anthropic AI
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AI & Enterprise
OpenAI secures $110 billion investment, expands alliance with AWS
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AI & Enterprise
Nvidia growth misses expectations, AI chip competition weighs on shares
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AI & Enterprise
Generative AI music startup Suno hits $300 million ARR, paid subscribers top 2 million
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AI & Enterprise
ChatGPT weekly users top 900 million, nearing 1 billion
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Industry
Coupang posts record sales but operating profit plunges as customer boycott takes hold
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Crypto
Bitcoin 10 a.m. plunge? Jane Street manipulation claims disputed
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Games & Commerce
Netmarble union says affiliate Jampot standby orders amount to forced resignations
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Finance
Three online banks lift mid-to-low credit loan share into 30 percent range
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Telecommunications & Media
KT wins iF Design Award 2026 for branding and UI categories
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Finance
Foreigners dump record 7.1 trillion won in a day, sell 24.2 trillion in a month
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Finance
BNK Financial steps up governance reform talks to reflect regulator TF outcome in articles
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Finance
Woori Financial revamps outside directors, brings in consumer protection, AX experts
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Games & Commerce
GRAC opens loot box damage relief centre, launches one-stop support system