Stablecoin Surge Could Trigger $1T Exit From Emerging Market Banks: Standard Chartered
The sharp rise in stablecoin usage could drain as much as $1 trillion from emerging market banks over the next…
Category: Financial
Galaxy Takes on Robinhood, Coinbase With 4%-8% Yield App; Stock Jumps 8%
Shares of Galaxy Digital rose 8% in premarket trading Monday as the company rolled out GalaxyOne, a mobile and web…
Figure Is a Blockchain Pioneer in Credit Markets, Says Bernstein, Initiating at Outperform
Bernstein initiated coverage of Figure (FIGR) with an outperform rating and a $54 price target, calling it a leader in…
Bee Maps Raises $32M to Scale Solana-Powered Decentralized Mapping Network
Bee Maps, the decentralized mapping project powered by Hivemapper, has raised $32 million in fresh funding to expand its global…
Mike Novogratz’s Galaxy launches GalaxyOne, offering 4% yields on cash
Galaxy Digital, a crypto investment firm founded by former Fortress Investment Group president Michael Novogratz, is launching the GalaxyOne platform,…
AMD stock soars 25% as OpenAI unveils $100 billion GPU deal
Advanced Micro Devices (NASDAQ: AMD) shares erupted higher in pre-market on Monday after OpenAI confirmed a multi-gigawatt GPU supply deal…
Plume Network Registered by SEC as Transfer Agent for Tokenized Securities
Plume Network, a modular Layer 2 blockchain dedicated to real-world assets (RWAs), is now an SEC-regulated transfer agent, streamlining the…
Leap Therapeutics Shares Jump on $59M Winklevoss-Led Crypto Deal
Shares of Leap Therapeutics (LPTX) climbed 25% after the microcap cancer drug developer announced a $58.9 million private investment led…
Bitcoin, Ethereum, Solana ETFs Surge as Crypto Funds Pull in Record $5.95 Billion
Investors threw a record amount of cash at Bitcoin and other crypto investment products, which racked up $5.95 billion last…
Stablecoins will force \’everyone\’ to share yield — Stripe CEO
Stablecoins, tokenized versions of fiat currencies that move on blockchain rails, will eventually force banks and other financial institutions to…