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12:23
Michael Saylor plans to repay $1.5 billion in debt ahead of schedule
Michael Saylor announced that Strategy will repay $1.5 billion in debt ahead of schedule to strengthen its balance sheet and continue purchasing Bitcoin. (The Bitcoin Historian)
12:23
Revolut receives approval from UK FCA to expand wealth management and investment services
Odaily reports that digital bank Revolut has announced that its trading division, Revolut Trading Ltd, has received an approved extension of permissions from the UK Financial Conduct Authority (FCA), allowing it to offer more comprehensive investment and wealth management services in the UK market. According to the newly approved Variation of Permissions (VoP) licence, Revolut can now manage client investment portfolios and act as principal in certain transactions. This means the platform will be able to offer leveraged investment products, professionally managed portfolios, and bespoke wealth management services for high-net-worth clients in the future. These functions will be integrated into its mobile app alongside everyday banking and payment tools. It is reported that Revolut plans to further introduce AI-driven portfolio recommendation tools as it continues its transformation into a "one-stop financial platform." Earlier this year, Revolut officially secured a full UK banking licence. Analysts believe that the FCA's recent approval further demonstrates Revolut's maturity as a regulated financial institution and reflects that fintech companies are rapidly intensifying competition with traditional banks and wealth management firms. (Crowdfundinsider)
12:22
ZachXBT: Hacker involved in social engineering theft of 185 BTC transferred approximately $2.59 million in assets
Jinse Finance reported that “on-chain detective” ZachXBT disclosed on his personal channel that today, hacker “Dritan Kapplani Jr” transferred approximately 2.59 million US dollars in assets through three hops, including 1.99 million DAI and 259 Ethereum. The related funds were moved from address 0x4487...bba6 to address 0x67ec...125d, and the stolen funds currently remain dormant. ZachXBT stated that he had previously published investigative content detailing the connection between Dritan Kapplani Jr and Trenton (Trent) Johnson concerning a social engineering theft case involving 185 Bitcoin (about 13 million US dollars).
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