Tether has announced that it has acquired a minority stake in Spanish cryptocurrency platform Bit2Me and is leading its €30 million funding round, expected to close in the coming weeks. Bit2Me recently became the first Spanish-speaking exchange authorized as a CASP under the EU’s MiCA (Markets in Crypto-Assets) framework. This framework come into power on the April 20th 2023.
Coinbase launched BASE blockchain last year. Today, it stopped working all of a sudden. This is a common phenomenon among centralized blockchains whose software are churned out after not-so-extensive testing.
Rumors are circulating that China has banned crypto again. This is not true. Hong Kong of China, as a pilot zone, is fully embracing cryptocurrencies. Also, the China has never banned individual crypto transactions; only prohibits institutional participation.
Grab is the largest ride-hailing app in Southeast Asia. Starting today, users in the Philippines will be able to top up their GrabPay wallets using Bitcoin, Ethereum, USDC, and USDT. Their partnership with Triple-A and PDAX, a local crypto exchange, has made this possible.
July 22nd marks the day for 3rd highest ever total net inflow for Spot Ethereum ETFs. Just look at the spike.
In a recent statement, the CEO of Bank of America said their bank is exploring releasing a stable coin. However, there is no set timeline, citing low client demand and ongoing assessments of scale and potential partnerships. Morgan Stanley is closely monitoring developments, while Citigroup and JPMorgan have also indicated interest in stablecoin initiatives.
Tether, the company behind USDT stable coin on various blockchains has announce dit will be ending support on Omni, Bitcoin Cash SLP, Kusama, EOS, and Algorand blockchains starting September 1, 2025, as part of a strategic infrastructure review. It is very important that you move your funds to more popular blockchains where USDT is actively being used and supported.
Ripple’s XRP token is on fire as the company has applied for the US banking license. Ripple is applying for a national bank charter from the OCC. If approved, Ripple would have both state, via NYDFS and federal oversight, a new benchmark for trust in the stablecoin market.
Robinhood EU has announced launch of world’s first batch of private company stock tokens including OpenAI and SpaceX. In fact, 0xcB…f556 has minted 2,309 OpenAI stock tokens on Arbitrum. Robinhood Deployer: 0xcB…f556 has deployed a total of 213 tokens on Arbitrum or is undergoing related testing.
Bitcoin Treasury Corporation (BTCT), a Canadian public firm has announced it has allocated $125 million Canadian dollars via brokered share offering and acquired 292.8 bitcoins as a part of its bitcoin treasury strategy.
