Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Plasma’s XPL token has seen sharp volatility since its late September debut, dropping about 45% from its all-time high. The decline has fueled speculation on social media about insider selling, ties to past projects, and involvement from major market makers. In response, Plasma co-founder and CEO Paul Faecks has
Finance
Sui has unveiled suiUSDe, a new synthetic stablecoin built natively on its blockchain, in partnership with Ethena Labs and Nasdaq-listed SUI Group Holdings (SUIG). Announced on October 1, the launch positions Sui as the first non-EVM network to offer a yield-generating dollar asset, underscoring its ambitions in decentralized finance (DeFi)
Finance
VisionSys, a Nasdaq-listed company specializing in AI-powered healthcare and biotech solutions, has unveiled plans to establish a Solana (SOL) treasury in partnership with staking protocol Marinade Finance. In a statement released Wednesday, VisionSys said its subsidiary Medintel Technology will work exclusively with Marinade to launch a digital asset treasury strategy.
Finance
Tether is turning to social video platform Rumble to accelerate adoption of its new U.S.-focused stablecoin, USAT. Speaking at the Token2049 conference in Singapore, Tether CEO Paolo Ardoino revealed that Rumble will roll out a crypto wallet powered by Tether’s technology later this year, giving its 51
Finance
Nasdaq-listed Thumzup Media (TZUP) has provided a $2.5 million loan to DogeHash Technologies, supporting the expansion of its Dogecoin mining operations. The funding will help DogeHash deploy more than 500 additional ASIC miners, bringing its fleet above 4,000 rigs by the end of the year. The deal comes
Finance
Bitcoin has taken a step closer to the world of decentralized finance (DeFi) with Starknet’s launch of a new staking mechanism and yield opportunities. The Layer 2 network announced that bitcoin staking is now live on its platform, marking what it calls the first trustless way for BTC to
Finance
Vanguard Group Inc., one of the world’s largest asset managers, is weighing whether to allow trading of cryptocurrency-focused exchange-traded funds (ETFs) on its platform—a potential policy shift that could mark a new chapter for the $11 trillion investment giant. For years, Vanguard has stood apart from competitors by
Finance
BlackRock’s iShares Bitcoin Trust (IBIT) has officially surpassed Deribit to become the world’s leading platform for Bitcoin options trading, underscoring Wall Street’s rising dominance in digital assets. The shift marks a turning point for an industry once driven primarily by offshore crypto-native platforms. According to the latest
Finance
The Algorand Foundation has appointed Nikolaos Bougalis, former lead developer of the XRP Ledger, as its new Chief Technology Officer (CTO). The announcement, made on September 29, marks a notable shift for Algorand as it strengthens its leadership with talent from another leading Layer-1 (L1) blockchain. Ledger - Home of
Finance
The once-fading market for special purpose acquisition companies (SPACs) is staging a surprising comeback, with two high-profile investors raising a combined $550 million to target fast-moving, high-risk sectors such as artificial intelligence, digital assets, and defense technology. On Thursday, venture capitalist Chamath Palihapitiya—often referred to as the former “SPAC
Finance
SoftBank Group and Ark Investment Management are reportedly exploring participation in a major funding round for Tether Holdings, the company behind the world’s largest stablecoin. The investment could value Tether at as much as $500 billion—placing it among the highest-valued private firms globally. Sources familiar with the negotiations
Finance
Kraken, one of the world’s largest cryptocurrency exchanges, is in advanced talks with strategic investors to raise between $200 million and $300 million. If successful, the funding round could lift the company’s valuation to around $20 billion, setting the stage for a possible public listing as early as