1. Pennylane doubles valuation with new funding
French fintech Pennylane has raised €75 million, doubling its valuation to €2 billion. The funds will help expand its accounting services across Europe, starting with Germany. Source
2. Pakistan appoints Zhao as crypto adviser
Pakistan has appointed Binance CEO Changpeng Zhao as a crypto adviser to enhance its cryptocurrency framework, aiming to boost the digital economy. Source
3. Z kasino scammer loses $27M in liquidation
A scammer involved with Z kasino has lost $27 million during liquidation proceedings, highlighting the risks in the crypto gaming space. Source
4. Mantra launches $108M fund for tokenization
Mantra has unveiled a $108 million fund aimed at supporting startups focused on real-world asset tokenization and DeFi innovations. Source
5. Whale makes $14M emergency deposit
A crypto whale has deposited $14 million to avoid a potential liquidation of $340 million in ETH, showcasing the volatile nature of the market. Source
6. SpinLaunch secures $12M for satellite constellation
SpinLaunch has raised $12 million to develop a terabit satellite constellation, utilizing kinetic energy to deploy microsatellites effectively. Source
7. Natalie Desty highlights diversity issues in STEM
Natalie Desty emphasizes the need to address the career-break bias that hinders diversity in STEM fields, advocating for improved recruitment practices. Source
8. US stock futures plunge amid tariff concerns
US stock futures dropped significantly as markets reacted to ongoing concerns over President Trump’s tariffs, raising fears of economic instability. Source
9. Nokia discusses 5G’s impact on emergency response
Nokia’s Guilherme Pizzato asserts that 5G technology will enhance emergency response systems, facilitating real-time data sharing and improved decision-making. Source
10. Avelacom connects AWS São Paulo for crypto trading
Avelacom has established a direct connection to AWS in São Paulo, enabling enhanced trading capabilities for institutional firms on the B3 exchange. Source
11. Blackstone leads $7B investment in Rogers
Blackstone has spearheaded a $7 billion investment in Rogers Communications, aimed at improving the telecom giant’s balance sheet and financial stability. Source
12. Rogers strikes $7B deal with investors
Rogers Communications has finalized a $7 billion deal with a Blackstone-led group to bolster its financial position and enhance operational capabilities. Source
13. Now Telecom loses license in Philippines
Philippines operator Now Telecom has been stripped of its license by regulators, impacting its ability to operate in the competitive telecommunications market. Source
14. BICS joins IoT eSIM market
BICS has announced its entry into the IoT eSIM market, aiming to provide enhanced connectivity solutions for Internet of Things devices. Source
15. Axiom Space plans orbital data centers
Axiom Space is set to launch orbital data center nodes to support national security and commercial customers, enhancing space-based infrastructure. Source
16. UK targets hidden fees but exempts airlines
The UK government is addressing hidden fees in various sectors but has exempted airlines from these regulations, raising concerns among consumer advocates. Source
17. Cyberhackers cost UK SMEs £3 billion annually
Cyberattacks are costing UK small and medium-sized enterprises an estimated £3 billion each year, highlighting the urgent need for improved cybersecurity measures. Source
