Payment processing giant Stripe has completed its acquisition of the stablecoin payments platform Bridge for $1.1 billion, according to TechCrunch founder Michael Arrington. Earlier reports indicated that Stripe had been in talks with the Texas-based Bridge platform, which specializes...
Singapore's leading financial institution, DBS Bank, has unveiled a new suite of solutions that incorporates tokenization and smart contract capabilities into its existing banking services. The new product, "DBS Token Services," combines the bank's Ethereum Virtual Machine (EVM)-compatible permissioned...
MicroStrategy CEO Michael Saylor has suggested that tech giant Apple invest $100 billion in Bitcoin rather than pursuing a stock buyback. He argued that such a move would significantly boost Apple's market value and growth potential. Saylor made these...
Payments giant Stripe is reportedly in talks with Texas-based stablecoin payments platform Bridge to enhance its range of cryptocurrency services. According to a recent Bloomberg report, the discussions are still ongoing. However, no official agreement has been reached, and...
The competition in the Wrapped Bitcoin (WBTC) space is intensifying, with major crypto platforms launching their own products to cater to DeFi and institutional users. U.S.-based exchange Kraken has just unveiled its version, kBTC, following Coinbase's recent debut of...
Euroclear, a leading global financial infrastructure provider, has entered the Asian market for the first time by acquiring a strategic stake in Marketnode, a Singapore-based firm focused on digital market infrastructure and blockchain technology. This move marks a significant...
In a company notice dated October 16, Metaplanet announced its repurchase of 223 put option contracts valued at $62,000 from Singapore-based digital asset trading firm QCP Capital, reversing a previous sale of the same contracts. Metaplanet initially sold these...
Praxis, a self-described "internet-native alliance" project, just announced that it had secured $525 million in funding to develop the world's first "Network State." According to the project's blog post on October 16, this initiative, aimed at creating a new...
The NFT sector is set to benefit from the Ethereum Layer 2 network, as Mint Blockchain has been awarded a grant from Optimism Governance during the 28th cycle of its grant program. On October 15, Mint Blockchain announced in...
On October 15, Metaplanet's shares surged by 15.7% after the Japanese investment firm announced its latest acquisition of nearly 107 Bitcoin. This purchase increased the firm's total Bitcoin holdings to 855.5 BTC, valued at over $56.1 million, according to...
