October, 2025

October, 2025

Stablecoins Power $670 Billion in On-Chain Loans: Visa
With new U.S. stablecoin rules in place, Visa says banks are starting to explore blockchain-based lending markets....

Lighter Distributes Points to Users Affected by Platform Outage
Perpetual derivatives DEXs across DeFi were overwhelmed by intense volatility on Friday, leading to multiple platform outages....

Ctrl-Alt-Speech: Rated R For Ridiculous
Ctrl-Alt-Speech is a weekly podcast about the latest news in online speech, from Mike Masnick and Everything in Moderation‘s Ben Whitelaw. Subscribe now on Apple Podcasts, Overcast, Spotify, Pocket...

China’s Singles’ Day Sales Festival Expands to 5 Weeks
China’s Singles’ Day sales festival has reportedly been stretched to as long as five weeks by some retailers. While the sales event is set for Nov. 11, which is the original Singles’...

Jamie Dimon Says JPMorgan Chase Is ‘Looking At’ European and Latin American Banks
JPMorgan Chase is reportedly “looking at” banks in Europe and Latin America. Reuters reported that JPMorgan Chase CEO Jamie Dimon said this Thursday (Oct. 16), without specifying if he ...

Flywire Integrates With Workday Student to Streamline Higher-Education Payments
Flywire announced Thursday (Oct. 16) that it has expanded its partnership with Workday, integrating Flywire’s payments and student financial software with Workday Student, according to a joint pres...

Upgrade Valued at $7.3 Billion After $165 Million Funding Round Led by Neuberger
Upgrade has raised $165 million in a new funding round that values the FinTech at more than $7.3 billion, according to Bloomberg. The round, led by Neuberger Berman’s NB Alternatives Advisers, posit...

Galileo, SoFi’s Tech Platform, Joins AWS Partner Network
Galileo Financial Technologies, SoFi’s payments and banking platform, has joined the Amazon Web Services (AWS) Partner Network, according to a press release. The partnership enables FinTe...

Jito Secures $50 Million Investment to Facilitate On-Chain Finance
Venture capital fund a16z crypto has invested $50 million in Jito Foundation, which oversees the Jito protocols and the Jito Network technology that provides a liquid staking protocol to the Solana ec...

Why world models are the next big thing in AI
This is an excerpt of Sources by Alex Heath, a newsletter about AI and the tech industry, syndicated just for The Verge subscribers once a week. Around the middle of last year, Pim de Witte sta...

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October