Bravemorning Limited has made a significant investment of $110 million in Tron Inc., solidifying their hold on the cryptocurrency platform’s TRX tokens. This move increases Bravemorning’s stake to […]
August’s Crypto Hacks: $163M Lost, Security Concerns Rise
Crypto markets experienced significant losses in August with a whopping $163 million stolen across 16 major hacks. This represents a 15% jump from July, highlighting the growing vulnerability […]
Klarna, Figure Prepare for US IPOs as Fintech & Blockchain Listing Boom Continues
Two prominent players in the financial technology (fintech) and blockchain industries, Klarna and Figure, are set to test investor interest in New York with potential Initial Public Offerings […]
Starknet Mainnet Resumes Full Functionality After Brief Halting
The Ethereum Layer 2 scaling solution, Starknet, experienced a temporary interruption in its block production on September 2nd. However, the network swiftly resumed full functionality, demonstrating its resilience […]
Kite AI Raises $18 Million in Series A Funding Round
Kite AI, an innovative company focused on AI-powered commerce solutions, has secured a significant $18 million Series A funding round led by PayPal Ventures and General Catalyst. This […]
Swift’s Zschach Calls for Open Standards in Global Payments Amidst Ripple Lawsuit
Tom Zschach, Chief Innovation Officer at SWIFT, criticizes Ripple’s legal battles and advocates for a decentralized approach to global payment infrastructure. He argues that industry consensus on standards […]
Figure Technologies Eyes $4.3 Billion Valuation in Nasdaq IPO
Figure Technologies, a leading player in the blockchain lending space, is preparing for an ambitious Initial Public Offering (IPO) on the Nasdaq under the ticker FIGR. The company […]
Hashgraph Launches TransAct to Enable Hedera Transactions Without Crypto
The Hashgraph Group (THG) has launched TransAct, a new solution aimed at streamlining transactions for companies and governments seeking to leverage the Hedera network without dealing with cryptocurrency […]
Anthropic’s Valuation Skyrockets 3x to $183B Driven by Claude AI Success
AI company Anthropic has achieved a remarkable valuation of $183 billion following a recent funding round, a significant leap from its January value. The surge reflects the rapid […]
Toyota Teams Up with Avalanche for Blockchain-Powered Robotaxis in Japan
Toyota and Avalanche have joined forces to develop blockchain-based robotaxis in Japan. The companies are creating the Mobility Orchestration Network (MON), a proof-of-concept project that utilizes Avalanche’s multichain […]
Figure Technology Plans $4.3 Billion IPO Amidst Crypto Boom
Blockchain company Figure Technology Solutions is set to raise a significant sum of $526 million through an Initial Public Offering (IPO). The company plans to achieve a valuation […]
Solana’s Alpenglow Upgrade Approved by 98% Vote
The Solana community has overwhelmingly approved the Alpenglow upgrade, signaling a significant advancement in blockchain scalability. This crucial governance vote saw an impressive 98.27% approval rate for the […]
SharpLink Acquires $177 Million in Ethereum: A Shift Towards Programmable Altcoin
Crypto trading giant SharpLink has made a bold move, acquiring 39,008 ETH for $177 million at an average price of $4,531. This significant investment marks a shift in […]
Thunes & Ripple Power Cross-Border Payments with Blockchain Integration
Payments platform Thunes is deepening its collaboration with Ripple, leveraging blockchain technology for faster and more efficient cross-border payments. Building on a 2020 agreement, Ripple’s infrastructure will now […]
SonicStrategy Secures $40 Million Investment to Fuel Nasdaq Listing Push
Blockchain infrastructure provider SonicStrategy has secured a $40 million investment that could propel its journey towards a Nasdaq listing. This funding, announced in Canada, involves Sonic Labs, the […]