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Zynk, a stablecoin-enabled cross-border payments infrastructure firm that says it supports instant settlements without pre-funding, has raised $5 million in a seed round led by Hivemind Capital.Coinbase Ventures, Alliance DAO, Transpose Platform VC, Polymorphic, Tykhe Ventures, and Contribution Capiā¦
Ripple's streak of acquisitions continued on Monday with the company taking over custody and wallet technology firm Palisade.The company has acquired multiple firms so far this year, including buying prime broker Hidden Road for $1.25 billion in April and purchasing stablecoin platform Rail for $200ā¦
Mastercard is reportedly in advanced talks to acquire crypto and stablecoin infrastructure startup zerohash in a deal valued from $1.5 billion to $2 billion, according to multiple sources familiar with the negotiations.The news, reported by Fortune on Wednesday, follows earlier efforts by Mastercardā¦
Trading platform Kalshi has sued the New York State Gaming Commission, accusing it of overstepping its jurisdiction by issuing a cease and desist order for allegedly illegally offering sports betting in the state.Kalshi claimed in its complaint filed in a Manhattan federal court on Monday that the sā¦
Ripple has finished its $1.25 billion purchase of Hidden Road and rebranded the firm as Ripple Prime, company leaders confirmed. According to executive remarks, the deal makes Ripple the first crypto company to own and run a global, multi-asset prime broker.Ripple President Monica Long said on X thaā¦
The Bank of England is investigating the rise of financiers lending to data centers as a way to speculate on the future of AI, Bloomberg said.The UKās top bank has already been examining market risks that could arise if AI companies fail to meet lofty valuations, warning that many could come crashinā¦
Cryptocurrency valuations staged a modest recovery this week as investor appetite for digital assets returned after the recent market crash.In a silver lining to the correction, the $19 billion liquidation event may be seen as a buying opportunity by investors, a dynamic that could fuel Bitcoinās rā¦
Sygnum Bank has partnered with Bitcoin-backed lending platform Debifi to launch a multisignature lending product that allows borrowers to retain shared control of their collateral.According to the Swiss digital asset bankās announcement on Friday, the product introduces a Bitcoin-native multisign leā¦
By Jamie McGeeverThe recent surge in gold, cryptocurrencies and stocks to record highs has sparked claims that the U.S. "debasement trade" is in full swing, but the bond and the foreign exchange markets tell a very different story.The upward swing in some "hard" assets this year is undeniable. The 5ā¦
Morgan Stanley, one of the worldās largest wealth managers, has reportedly informed its financial advisers that all clients will be able to invest in cryptocurrency funds starting Oct. 15, CNBC reported.Advisers will be able to offer crypto funds to clients with individual retirement accounts (IRAs)ā¦
Paul Atkins wants to cement his vision for the crypto markets before political tides shift again in Washington. As the new chair of the US Securities and Exchange Commission, heās moving quickly to āfuture-proofā SEC policies, a push that could define how much freedom the crypto industry enjoys afteā¦
Bitcoin life insurance company Meanwhile has raised $82 million in a new funding round led by Bain Capital Crypto and Haun Ventures.The company, regulated by the Bermuda Monetary Authority, plans to use the funds to meet āsurging demandā for Bitcoin-denominated retirement and āinflation-proofā savinā¦