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Exodus to cut 25% of global workforce in payments shift
This restructuring is part of a strategy to build a full-stack payments platform following the company's acquisitions…
Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capac…
Tom Lee's Bitmine slowed ether purchases as it bought back $86 million in stock.
The company added just 7,430 ETH, worth about $14 million, last week as it nears its goal to corner 5% of Ethereum's …
Saylor's Strategy raises cash reserves to $3.225 billion, leaving bitcoin holdings unchanged
For the second consecutive week, the firm kept bitcoin holdings steady, choosing to use the raised capital to boost c…
Bank of Korea prepares for live CBDC transactions with 9 banks in September
Major banking heavyweights join a massive blockchain network test that will allow retail consumers to trade tokenized…
Hyperliquid plans to add decentralized prediction markets in upgrade to HIP-4
Permissionless prediction markets will become available first on testnet and later on mainnet, Hyperliquid said.
Cross-chain protocol Allbridge halts after $1.65 million flash loan exploit
The attacker used a $1.12 million flash loan from Kamino to manipulate pool ratios, enabling them to withdraw assets …
Amazon Japan supplier AZ-Com Maruwa to adopt yen stablecoin JPYC for payments
The Japanese logistics firm plans to pay 2,300 partners, including truck drivers, using JPYC in Japan’s first large…
Kraken says simpler options can unlock crypto's next derivatives market
The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held ba…
Crypto executives say digital native generations may never need a bank account
teakhouse Financial co-founder Adrian Cachinero says digital-native generations may rely less on banks, while Binance…
Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments
Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as…
Tokenization has become a strategic priority for 84% of financial firms
A Broadridge survey found Wall Street is accelerating tokenization efforts while betting on hybrid markets where digi…
Stripe and Swift race to control the next generation of global payments infrastructure
Crypto and blockchain experts say this week's moves show the two established finance companies are increasingly compe…
Inside Robinhood’s high-stakes bet to onboard 10 million casual users onto decentralized finance
The company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by mem…
Japan's SBI Group is building Asia's first cross-border digital asset empire
The securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expans…
Citadel Securities invests $400 million in Crypto.com, valuing exchange at $20 billion
The exchange's first institutional funding round values it at $20 billion and will fund expansion into tokenized secu…
Stripe’s $53 billion PayPal bid is a high-stakes play to own the future of digital payments
If Stripe acquires PayPal, the real prize could be consumer wallets, stablecoin issuance or the infrastructure poweri…
Visa backs Open USD with new stablecoin platform as Circle faces fresh competition
Visa launched a stablecoin platform that lets banks and fintechs issue, manage and settle digital dollars through its…
Keyrock acquires BlockFills trading assets to expand institutional crypto business
The deal adds institutional trading clients, derivatives expertise and regulatory licenses as Keyrock looks to deepen…
Crypto brokerage firm Alpaca raises $135 million for tokenized stock infrastructure
The company at one pointed cleared or custodied roughly 94% of tokenized U.S. equities, now holding over $1.5 billion…
Rebooting the internet: inside the open-source project to let AI programs pay each other
The newly-convened x402 Foundation is a neutral space where competitors and payment methods can work together to crea…
Tether invests $20 million in Argentine neobank Ualá as it expands Latin America push
Ualá’s CEO clarified Tether is acting solely as a financial investor, citing current regional regulations preventi…
U.S. adds four Iran central bank crypto wallets to sanctions, Tether freezes $131 million of contents
The freeze targets TRON-based addresses that held over $165 million, preventing those specific funds from being trans…
Coinbase's Jesse Pollak steps back from Base app leadership after admitting his crypto social strategy failed
Pollak said that Jordan Fish, also known on X as 'Cobie,' will lead the Base app team.
DTCC moves tokenized securities into live trading, marking a milestone for Wall Street's blockchain push
DTCC's first live production trades using tokenized securities show how blockchain could reshape the infrastructure b…
Cantor and Securitize collaborate on blockchain-based IPOs
The move creates a pathway for public companies to raise capital onchain and issue tokenized securities.
Ostium suffers $18 million exploit as oracle attack wave continues to hit DeFi
A hacker used Ostium's own price-reporting infrastructure against the protocol, submitting falsified future-dated ora…
Open USD poses biggest threat yet to Circle's USDC, CoinShares says
The consortium-backed stablecoin would share reserve income with partners instead of the issuer, pressuring Circle's …
The launchpad that fueled Robinhood Chain's memecoin boom just gave away all its revenue
Noxa, the launchpad behind CASHCAT's rise, racked up nearly $12 million in fees before going dark, giving away its re…
Stripe mounts blockbuster $53 billion bid to buy PayPal
The bid, made together with Advent, follows an earlier expression of interest. PayPal has been reluctant to engage wi…