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Archive by category Economy & Finance

Brightway Insurance Acquires GlobalGreen Insurance, Creating a Leading Insurance Distribution Platform with Over $1.7 Billion of Annual Written Premium

Acquisition further accelerates Brightway’s national expansion and provides franchise owners with expanded resources to scale their agencies JACKSONVILLE, Fla., Sept. 03, 2025 (Korea Bizwire) – Brightway Insurance, a rapidly growing, tech-enabled insurance distribution platform, today announced it has acquired GlobalGreen Insurance Agency, a multi-state franchise network of insurance agencies with approximately $270 million in annual [...]

Etherealize Raises $40 Million to Rewire Wall Street’s Infrastructure with Ethereum

Backed by Electric Capital, Paradigm, and leading ecosystem investors, Etherealize unveils its mission to modernize financial rails by bringing institutional trading, settlement, and privacy infrastructure onto Ethereum. NEW YORK, Sept. 03, 2025 (Korea Bizwire) — Etherealize, the company developing products and infrastructure to onboard institutions to Ethereum, has announced the closing of a $40 million [...]

BitMEX and TradingView Announce Trading Campaign, Offering 100,000 USDT in Rewards and More

VICTORIA, Seychelles, Sept. 03, 2025 (Korea Bizwire) – BitMEX, the safest crypto derivatives exchange, today announced a new campaign rewarding users that place spot, futures and perpetual swap trades on BitMEX via TradingView. The campaign, which began on 15 August, is available to new, existing, and returning traders on BitMEX. Key highlights of the campaign include: A 100,000 [...]

Coventry and Alan Buerger Move to Dismiss Abacus Lawsuit

Motion underscores that Abacus’s claims lack merit as Lapetus, its key life expectancy provider, shut its doors August 31 FORT WASHINGTON, Pa., Sept. 03, 2025 (Korea Bizwire) — Coventry First LLC (“Coventry”) and its Co-Founder and Executive Chairman, Alan H. Buerger, today announced that they have filed a Motion to Dismiss the complaint brought by Abacus Global [...]

nCino launches ProBanker by FullCircl, a new solution to help UK lenders identify opportunity and manage risk across their business portfolios

LONDON, Sept. 03, 2025 (Korea Bizwire) — nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the general availability of ProBanker by FullCircl. FullCircl, a technology acquired by nCino last year, provides regulated businesses with end-to-end client lifecycle management. With the financial services industry under growing pressure to make faster, more [...]

MDC Issues Commentary as U.S. Gambling Enters ‘Regulatory Reset’ Following $148 Billion Wagered

WATERFORD, Ireland, Sept. 02, 2025 (GLOBE NEWSWIRE) – Minimum Deposit Casinos (MDC) has issued an expert commentary on what it calls a “regulatory reset” in the U.S. gambling sector, as lawmakers and regulators respond to explosive growth in consumer betting behavior. According to the American Gaming Association, Americans wagered a record $148 billion on sports in 2024. [...]

Bitget to Transfer 440 Million BGB to Morph Foundation, Accelerating BGB as Gas and Governance Token of Morph Chain

Key Highlights Bitget will transfer all BGB tokens that it controls, 440 million in total, to the Morph Foundation, with 220 million burned immediately and the remaining 220 million locked with gradual release to support ecosystem growth. The Morph Foundation will oversee BGB as the gas and governance token of Morph, powering payments and utility [...]

$152 Billion and Rising: New Report Shows Insurance Industry Facing Growing Average Annual Losses from Natural Catastrophes

Modeled non-crop property & casualty losses rose 25 percent compared to 2024, with severe thunderstorms and other frequency perils accounting for two thirds of total potential losses, according to Verisk JERSEY CITY, N.J., Sept. 02, 2025 (Korea Bizwire) — Verisk (Nasdaq: VRSK), a leading global data analytics and technology provider, today revealed that the global [...]

VCI Global’s CyberSecure Cloud Goes Live in Malaysia, Setting New Standard for Encrypted Data Protection

EAL4-Certified Platform Delivers Military-Grade Encryption, Automated Resilience, and Vault Storage up to 50TB KUALA LUMPUR, Malaysia, Aug. 29, 2025 (Korea Bizwire) – VCI Global Limited (NASDAQ: VCIG) (“VCI Global” or the “Company”), a cross-sector platform builder integrating deep technology with financial architecture to enable sovereign-ready digital ecosystems, today announced the commercial go-live of its CyberSecure [...]

Bitget COO Vugar Usi Zade Speaks on Future of Web3 at Economic Times World Leaders Forum

VICTORIA, Seychelles, Aug. 28, 2025 (Korea Bizwire) – Bitget, the world’s leading cryptocurrency exchange and Web3 company, took the stage at the Economic Times World Leaders Forum, where Bitget’s Chief Operating Officer, Vugar Usi Zade, shared insights on the evolving role of crypto in shaping global finance. In the event’s only Web3-focused panel titled Crypto Beyond Hype: Building [...]