CyberCube Estimates AWS Outage Impact on Insurers

CyberCube, the leading cyber risk analytics provider, has released a preliminary loss estimate for the Amazon Web Services (AWS) outage ranging from $38 million to $581 million. The event, which CyberCube is nicknaming “Amazonk”, is expected to have a loss ratio impact for cyber insurers in the low- to mid-single digits, in keeping with CyberCube’s view that this event presents the potential for only moderate insurance impact. Although the event could play out in a variety of...

DeriW Redefines Perp DEX with CEX-Rivaling Experience Post-Mainnet

DeriW, a decentralized futures trading platform incubated by CoinW, has seen rapid growth following its mainnet launch, as the perp DEX sector continues to capture the spotlight, experiencing accelerated development fueled by a surging influx of capital and expertise. Marked by instant execution, zero funding rates, and a razor-thin 0.01% trading fee, DeriW is storming the scene with its CEX-comparable trading experience, rising as a pivotal force reshaping the future of decentralized derivatives. Meet DeriW:...

Bybit Card Named Best Performing Crypto Card by Mastercard

Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce that the Bybit Card has been recognized by Mastercard, the global leader in payment technology, as the Best Performing Crypto Card at EDGE 2025. Mastercard hosted the fourth edition of EDGE, its flagship forum shaping the future of payments across EEMEA. The event convened senior global executives from diverse industries to examine emerging opportunities across payments, digital infrastructure, and consumer trends. Under the theme ‘Commerce: De-Coded’,...

Bizcap Acquires 8fig to Boost AI-Driven Growth Funding

Bizcap, together with its US affiliate NewCo Capital Group, is proud to announce that it has acquired 8fig and that it has become part of the Bizcap Group, marking a major step in the fintech company’s global expansion and leadership in technology-led business funding. Founded in 2020, 8fig has delivered more than $500 million in funding to online sellers and developed its pioneering “AI CFO” tool, enabling small businesses to plan, forecast, and scale with confidence. By joining...

TrueLayer Acquires Zimpler to Boost European Pay by Bank Network

TrueLayer, Europe’s leading Pay by Bank network, today announced that it has signed an agreement to acquire Zimpler, the fastest growing Pay by Bank network in the Nordics. The acquisition will bring together two of Europe’s most innovative Pay by Bank providers, further strengthening TrueLayer as a formidable force in the European payments industry. This acquisition marks a pivotal moment in the evolution of Pay by Bank across Europe. By expanding TrueLayer’s pan-European network and...

Wirex Launches Google Pay for Stablecoin & Fiat Spending in UK

Wirex, the award-winning UK-based Web3 money app, has announced the launch of Google Pay integration for customers across the United Kingdom. The update allows millions of users to make secure, contactless payments using their Android devices, whether spending in pounds or stable digital currencies. Empowering a New Era of Everyday Payments The UK continues to lead globally in digital payment innovation, with consumers embracing contactless and mobile wallets more than ever. By integrating with Google...

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