Day: 5 August 2025

George Town, Cayman Islands, 5th August 2025, Chainwire

San Francisco, United States of America, 5th August 2025, Chainwire

Remitly is expanding its financial infrastructure with the launch of stablecoin-powered services aimed at streamlining global money transfers and improving financial access for millions worldwide. Stablecoins, digital assets pegged to fiat currencies like the U.S. dollar, have emerged as a powerful tool for faster, cheaper, and more reliable cross-border transactions. ...

Hamilton, Bermuda, 5th August 2025, Chainwire

Alpen Labs has announced the launch of its Public Testnet, a key step toward building a decentralized financial system secured by Bitcoin. The release allows developers to experiment with trading, borrowing, stablecoins, and other financial applications directly on Bitcoin without relying on centralized intermediaries. Despite Bitcoin’s $2 trillion market capitalization, ...

GameSquare Holdings (NASDAQ: GAME) has officially launched its Ethereum (ETH) on-chain yield strategy through Dialectic’s platform, targeting annualized yields of 8% to 14%. The program, which began on August 1, 2025, marks a significant step in the company’s crypto-native treasury initiative. As part of the launch, GameSquare purchased 2,717 ETH ...

The White House is preparing an executive order designed to penalize banks that cut off services to customers because of their political beliefs or associations with cryptocurrency, according to draft documents and multiple news reports. The move comes in response to years of complaints from conservatives and digital asset companies ...

Verb Technology Company, Inc. (Nasdaq: VERB) announced a significant strategic shift by raising approximately $558 million through an oversubscribed private placement. This funding round sets the stage for the company’s rebranding to TON Strategy Co. (TSC) and its transition into the first publicly traded treasury reserve vehicle for Toncoin (symbol: ...

Phantom has expanded its capabilities through the acquisition of Solsniper, a rapidly growing meme coin trading platform on Solana. This move strategically positions Phantom to offer enhanced trading experiences and deeper engagement with the vibrant meme coin community that continues to thrive within the Solana ecosystem. We’ve acquired @solsniperxyz — ...

Solana Mobile has officially launched the global rollout of its second-generation web3 smartphone, the Seeker, with shipments now underway to users in over 50 countries. The company confirmed the milestone in an August 4 announcement on X, revealing that tens of thousands of units are already in transit. The Seeker ...