Financial giants are making a strategic shift away from Ethereum as they seek out more secure and private alternatives. Klarna’s recent decision to launch its stablecoin on the […]
Klarna Enters Stablecoin Market with Launch of KlarnaUSD
Fintech giant Klarna has made a bold move into the stablecoin market by launching its own US dollar-pegged stablecoin, KlarnaUSD. This launch leverages Stripe’s Open Issuance platform and […]
Russia Expands Cryptocurrency Access, Moves Towards Wider Market Participation
Russian regulators are taking steps to broaden access to the country’s cryptocurrency market, easing restrictions that currently limit participation to a select group of investors. Deputy Finance Minister […]
Klarna Unveils Stablecoin on Stripe Blockchain for Global Payments
Fintech giant Klarna has announced the launch of its own stablecoin, KlarnaUSD, built on Stripe’s blockchain. This move aims to simplify cross-border payments, addressing a key pain point […]
XRP Surges After Spot ETF Launch: Franklin Templeton & Grayscale Drive Gains
XRP prices surged by 9% to reach $2.27 following the launch of two new spot ETFs from major players, Franklin Templeton and Grayscale. This marks a significant turning […]
U.S. Bank Pilots Stablecoin on Stellar Blockchain
U.S. Bancorp, a leading financial institution with $671 billion in assets under management, has initiated testing of its USD-backed stablecoin on the Stellar blockchain. This move marks U.S. […]
Revolut Hits $75 Billion Valuation After Major Share Sale
Revolut’s recent share sale has propelled its valuation to a record $75 billion, attracting wider investment interest. The company’s revenue soared 72% in 2024, driven by robust profits […]
Klarna Launches Stablecoin for Global Payments, Joining Fintech Push into Blockchain
Global fintech company Klarna has launched its own US dollar-linked stablecoin, joining a growing list of players in the race to revolutionize international payments through blockchain technology. The […]
Metaplanet Secures $130 Million Bitcoin-Backed Loan for Growth Strategy
Metaplanet, a publicly traded cryptocurrency treasury company headquartered in Tokyo, has secured a substantial loan of $130 million as part of its existing $500 million credit line backed […]
21Shares Lists Six New Crypto ETPs on Nasdaq Stockholm
Nasdaq Stockholm welcomes a growing number of crypto-related Exchange Traded Products (ETPs) as 21Shares launches six new offerings. This expansion demonstrates the increasing demand for regulated access to […]
Revolut Surges to $75 Billion Valuation Driven by Financial Performance and Crypto Advancements
Revolut, the digital banking giant, has achieved a remarkable valuation of $75 billion following a major share sale. This milestone positions the company as Europe’s most valuable private […]
Is the DeFi Lending Model Broken? A Look at its Challenges and Future
DeFi lending platforms have revolutionized financial accessibility by offering decentralized, permissionless access to loans and borrowing mechanisms. However, this system faces inherent challenges that may hinder its potential […]
Cardano Foundation Invests $5 Million to Boost Global Cardano Listings
The Cardano Foundation has approved a major initiative, allocating $5 million from its treasury for expanding global listings of the Cardano cryptocurrency. This funding move was driven by […]
South Korea’s Dunamu to Merge with Naver Financial Ahead of Nasdaq IPO
Dunamu, operator of South Korea’s leading cryptocurrency exchange Upbit, plans a merger with Naver Financial before seeking a listing on the Nasdaq. This ambitious move draws significant regulatory […]
South Korea’s FIU Imposes Heavy Penalties on Crypto Exchanges for AML Failures
South Korea’s Financial Intelligence Unit (FIU) has issued penalties to major cryptocurrency exchanges, including Korbit, Gopax, Bithumb, and Coinone, following anti-money laundering failures identified during inspections. The action […]