
From Hawala to Swift: Inside the 1,000-year battle to move money safely
Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits.

Finance has spent centuries decoupling wealth from physical transport, but constantly erasing friction creates vectors for increasingly high-tech exploits.

Bitcoin rebounds from Friday’s low as Strategy’s valuation expands and bitcoin dominance climbs above 60%.

Crypto executives say new blockchain payment infrastructure could make Swift obsolete. Bankers say its 11,500-institution network gives it the power to absorb the technology instead.

The exploit caused the neobank’s AVICI token to drop 49% from a 24-hour high, hitting a record low before paring some of the losses.

AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer has not been invented yet.

When you strip out what was never mobile, correct for who’s holding what and why, add back what works off-contract, the utilization of tokenized assets looks close to 20%, argues Katana’s Matthew Fisher.




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