Ubyx, a stablecoin clearing platform founded by payments industry veteran Tony McLaughlin, has raised $10 million in seed funding to accelerate global stablecoin adoption across traditional finance. The round was led by Galaxy Ventures, with participation from Coinbase Ventures,...
The US Senate has passed the GENIUS Act, marking the first major federal legislation to regulate stablecoins, a rapidly growing segment of the cryptocurrency market. The bill was approved with a strong bipartisan vote of 68 to 30, signaling...
AgriFORCE Growing Systems Ltd., a Canadian agricultural technology company, has kicked off a new venture that converts stranded natural gas into power for Bitcoin mining rigs — a move aimed at reducing energy waste while scaling crypto operations. The...
In a bold display of confidence in digital assets, four publicly listed U.S. companies announced plans on June 17 to inject a combined $844 million into Bitcoin and other cryptocurrencies, underscoring the growing trend of corporations turning to crypto...
ZOOT, a next-generation iGaming platform that merges video game dynamics with blockchain-based payments, has secured $6 million in seed funding to accelerate its global expansion. The funding round was led by crypto-focused investment firm CoinFund, with additional backing from...
CoinDesk Indices, in collaboration with institutional DeFi firm Sentora, has launched the CoinDesk Overnight Rates (CDOR). This groundbreaking benchmark interest rate transforms Aave’s on-chain lending data into standardised overnight money market rates for stablecoins such as USDC and USDT....
HTX Ventures, the investment arm of crypto exchange HTX, has published a new report examining how stablecoins are increasingly forming a parallel U.S. dollar-based financial infrastructure one that could significantly reshape the global payments landscape. Titled “The On–Chain Extension...
Dubai-based fintech startup SaturnX has secured $3 million in seed funding to scale its stablecoin-powered cross-border payments infrastructure, the company announced on Tuesday. The round was led by White Star Capital, with backing from several institutional investors, underscoring growing...
Senator Elizabeth Warren has raised serious concerns about the GENIUS Act, warning that it could allow major tech companies to issue stablecoins that bypass existing banking regulations. The bill, formally known as the Guiding and Establishing National Innovation for...
A new report from crypto exchange Bybit and analytics firm Block Scholes reveals a sharp divergence in options market volatility between Ethereum (ETH) and Bitcoin (BTC), with ETH significantly outpacing BTC throughout May. The ETH-to-BTC implied volatility ratio for...
