PayPal stablecoin strategy expands after $486.4B quarter
PayPal reported its second-quarter results on July 28, saying total payment volume reached $486.4 billion for the three months ended…
Standard Chartered-backed Anchorpoint eyes August HKDAP stablecoin rollout
Standard Chartered-backed Anchorpoint Financial has pushed the public rollout of its Hong Kong dollar stablecoin HKDAP into August after the…
Crypto fundraising surges to $2.2B in July, led by CeFi deals: RootData
Crypto fundraising rebounded sharply in July, with total capital raised reaching $2.235 billion across 46 deals, according to data from…
Ten mystery investors are using 2,380 BTC to completely hijack a Nasdaq company and gut its leadership
Zhibao Technology, a Nasdaq-listed Chinese insurtech company, signed a $154.7 million private investment in public equity (PIPE) agreement payable in…
BlackRock expands tokenized cash with new blockchain-based money market offerings
BlackRock, the world’s largest asset manager, has expanded its tokenized cash platform, introducing a couple of new tokenized money market…
Circle Internet slides after Morgan Stanley downgrade, cut in price target
Morgan Stanley downgraded shares of Circle Internet (CRCL) to underweight from equal-weight on Monday and cut its price target to…
BlackRock launches tokenized money market funds for stablecoin reserves
BlackRock, the world’s largest asset manager, has launched two tokenized money market products designed to serve as reserve assets for…
SpaceX (SPCX) Stock Price Faces Downside Risks Amid Insider Selling Speculations
The SpaceX (SPCX) stock price has regained momentum, as market focus shifts into the upcoming earnings release by Elon Musk’s…
Hyperscale Data Secures $30M Bitcoin-Backed Loan via Morpho for AI Data Center Expansion
Hyperscale Data, a U.S.-listed Bitcoin treasury company trading under the ticker DAT, has secured a $30 million Bitcoin-backed loan through…
Citigroup Lowers Coinbase (COIN) Price Target to $210, Citing Market Headwinds
Citigroup has revised its price target for Coinbase Global (COIN), lowering it to $210 per share from the previous $235.…