Revolut explores stablecoin launch while Robinhood rules out immediate plans
Key Takeaways Revolut is considering a stablecoin launch but has not made a final decision. Robinhood has no immediate plans...
Business
Kraken completes acquisition of Dutch crypto broker BCM to expand European operations
Key Takeaways Kraken's acquisition of BCM enhances its VASP capabilities in France and Poland. BCM clients will be able to...
Avalanche DEX Trader Joe rebrands to Let’s F***ing Joe
Key Takeaways Let's F***ing Joe retains fast, cost-effective trading features post-rebrand. LFJ's redesigned mascot aims to strengthen global community ties....
Tether invests $1.5 million in Sorted Wallet to boost financial access in emerging markets
Key Takeaways Tether's $1.5 million investment in Sorted Wallet targets financial inclusion in Africa and Southern Asia. Sorted Wallet facilitates...
Kraken eyes over $100M in pre-IPO funding: Report
Share this article Major crypto exchange Kraken is exploring raising over $100 million before a potential initial public offering (IPO),...
Former PayPal executive joins Tether as Head of Government Affairs
Key Takeaways Tether hires Jesse Spiro, an industry leader with over six years of blockchain government relations experience, as Head...
Sky Mavis says $5.7M recovered from $600M Ronin exploit
Share this article Sky Mavis has recovered $5.7 million of funds stolen from Axie Infinity’s Ronin Bridge, according to a...
Ripple to launch RLUSD stablecoin on Ethereum and XRPL this year
Share this article Ripple has recently shared additional details about the imminent launch of its new stablecoin. In a recent...
Metaplanet to invest $58M in Bitcoin amid Japanese market rebound, calls it the ‘apex monetary asset’
Recreated render, reference from Metaplanet. Key Takeaways Metaplanet has invested $58.76 million in Bitcoin as part of a larger fundraising...
Riot Platforms becomes largest Bitfarms shareholder with 18.9% stake
Key Takeaways Riot Platforms has become the largest shareholder of Bitfarms with an 18.9% stake. Both Riot and Bitfarms have...
Microsoft-backed Space and Time rebrands Cenit Finance as ‘Space and Tokens’
Key Takeaways SxT Labs enhances its product suite with Cenit Finance's tokenomics simulator. The integration allows for improved simulation and...
Crypto-focused AMINA Bank unveils zero-fee banking package for web3 startups and scale-ups
Key Takeaways AMINA Bank's new package offers zero-fee accounts and crypto services for Web3 startups and scale-ups. The package aims...
Layer 1 blockchain Story secures $80M in Series B funding led by a16z
Key Takeaways Story's Series B funding round led by a16z totals $80M. The firm aims to combat IP theft by...
We will not be launching crypto ETFs
Key Takeaways Vanguard's Ramji firmly rejects the introduction of crypto ETFs. Despite market trends, Vanguard maintains its identity focusing on...
Binance resumes operations in India, confirms regulatory compliance
Key Takeaways Binance has officially registered as a reporting entity with India's financial regulators. The exchange has resumed services in...
Ex-Bitstamp CLO joins Space and Time executive team ahead of mainnet launch
Key Takeaways Space and Time Labs hires Rika Khurdayan to be its new Chief Legal Officer. The project is approaching...
‘Asia’s MicroStrategy’ Metaplanet secures ¥1 billion loan to acquire additional Bitcoin
Key Takeaways Metaplanet secured a 1 billion yen loan at a remarkably low interest rate of 0.1% APR. Metaplanet's actions...
MicroStrategy boosts BTC holdings with $805M acquisition in Q2
Key Takeaways MicroStrategy acquired 12,222 bitcoins at an average price of $65,882 each during Q2. The company reported a net...
Coinbase reports $1.4 billion Q2 revenue, beating estimates despite lower profits
Photo by PiggyBank on Unsplash. Key Takeaways Coinbase's Q2 revenue increased to $1.45 billion despite a profit decline. Solana transactions...
Ledger launches new wallet with secure, contactless E Ink touchscreen displays
Key Takeaways Ledger announces the launch of Ledger Flex, its second new product this year. With its mission to secure...
Fintech giant Revolut authorized to become a UK Bank
Key Takeaways Revolut secures UK banking license with restrictions from PRA, set to offer loans and mortgages after the restricted...
Cash App to shut down in the UK, citing focus on US market
Key Takeaways Block, the company behind Cash App, cites regulatory difficulties in the UK as a reason for the shutdown....
