Stablecoins Could Boost U.S. Payment System Efficiency, Fed Notes
Stablecoins have become the new focus of attention by the Federal Reserve, major U.S. banks, and China. It indicates that…
Category: Financial
Hyperliquid achieves record revenue per employee globally at $106M
Hyperliquid has achieved the highest revenue per employee globally, at $106 million, surpassing traditional technology giants and the previous record…
Wormhole Foundation challenges LayerZero\’s $110M Stargate acquisition proposal
Wormhole Foundation (WF) entered the bidding competition for Stargate Finance, challenging LayerZero’s proposed $110 million acquisition. In an Aug. 20…
SBI to Launch Blockchain-Based Stock Tokenization Platform
SBI Holdings is moving to digitize Japanese equities using blockchain to cut fees and enable faster global trading. Japan’s primary…
Silicon Valley Throws $100M at AI-Powered Mattress With a Subscription
Eight Sleep, a startup that sells $3,000 AI-powered mattresses with a monthly subscription fee, just raised $100 million in Series…
Nasdaq Boots Windtree a Month After $700M BNB Treasury Pivot Fails to Lift Stock
Windtree Therapeutics, a Pennsylvania-based drug developer, is being delisted from Nasdaq, just over a month after its $700 million pivot…
Crypto Billionaires Inject $21M Bitcoin to Help Make America the Crypto Capital
Backed by a multimillion-dollar bitcoin donation from the Winklevoss twins, the Digital Freedom Fund political action committee is mobilizing to…
DBS Launches Tokenized Structured Notes on Ethereum, Expanding Investor Access
Singapore’s largest bank is extending its blockchain strategy by offering tokenized structured notes on the Ethereum public blockchain, in a…
What Is Cathie Wood’s Ark Invest Buying and Selling Amid This Market Correction?
The privately held company has made adjustments to the ETFs it manages, both reducing and adding to specific positions. Falling…
Ripple’s Global Co-Head of Policy on 4 Best Practices for Digital Asset Custody
Ripple executives used a policy-related blog post on Monday to argue that digital asset custody has become the foundation for…