Big-name sports betting companies are seeing a temporary lift from the FIFA World Cup, but their long-term health remains shaky. DraftKings and Flutter Entertainment, two of the biggest players in U. S. sports betting, have watched their stock prices climb lately thanks to the tournament’s massive b
Financial experts often worry about stock markets, interest rates, and trade wars—but the bigger threat might be invisible. A new study shows how collapsing ecosystems could quietly sink economies, especially in countries already struggling with debt. Researchers built a first-of-its-kind model to r
The Financial Conduct Authority (FCA) has written to several football clubs, including those in the Premier League, to caution them about deals with crypto companies that may not be licensed. The FCA’s fraud unit head, Fiona Mackinnon‑Miller, said it has noticed more clubs signing up with firms t
Two massive crypto thefts in April proved that hackers now use artificial intelligence to pick targets and design attacks. The $600 million stolen in weeks wasn’t just another case of lost funds—it showed how AI is making cybercrime cheaper and easier. Unlike past hackers who needed deep technical s
Cybercrooks with AI help don’t need years of coding skill anymore. A new AI model can scan systems, find weak spots, and break in almost instantly. The problem isn’t that attacks are smarter—it’s that they happen so quickly, defenses can’t keep up. When a breach can be set in motion before lunch and
Eurozone finance chiefs are meeting this week to talk about a powerful new AI system called Mythos that can hunt for secret software flaws across every major system. The catch? No EU country has been given access to it. While the White House quietly uses Mythos through intelligence agencies, the sam
Japan’s finance chief recently shared her view on private credit, a fast-growing but shadowy part of finance worth about $2 trillion worldwide. She pointed out that Japan’s own exposure isn’t large and doesn’t pose a big threat right now. Still, she’s keeping an eye on how things move, especially as
Back in 2011, a little-known crypto exchange called Kraken quietly started what would later become a major talking point in U. S. finance. Fast-forward 13 years, and the Wyoming-based platform just scored something rare: a direct line to the Federal Reserve’s payment network. Think of it like gettin
A recent decision by U. S. regulators has set off a clash between old-school banks and cryptocurrency companies. The Office of the Comptroller of the Currency gave Coinbase the green light to launch a national trust bank, but not everyone is happy about it. Critics argue that digital firms shouldn’t
The two biggest public pension plans in California, CalPERS and CalSTRS, have found themselves tied to the world of digital money. They haven’t bought any Bitcoin directly; instead, they hold shares in companies that are closely linked to the crypto market. The biggest names on their balance sheets
