TLDR Ripple has begun beta testing its new stablecoin, Ripple USD (RLUSD), on XRP Ledger and Ethereum RLUSD is designed…
Browsing: Finance
TLDR The Bank of Japan (BOJ) raised interest rates to 0.25% in July, the first hike in over a decade…
TLDR Semler Scientific reported Q2 2024 revenue of $14.5 million, down 22% year-over-year The company purchased an additional 101 bitcoins…
TLDR The U.S. national debt has surpassed $35 trillion for the first time. Since 2020, the U.S. has added about…
TLDR Partior, a blockchain settlement network backed by major banks, raised $60 million in Series B funding. The funding round…
TLDR Animoca Brands has launched a validator on the Core blockchain. Core is a Bitcoin-powered layer-one blockchain for EVM-compatible smart…
TLDR Circle has launched its euro-backed stablecoin EURC on the Base network, an Ethereum layer-2 solution. EURC and USDC are…
TLDR USDA, a Cardano stablecoin, will relaunch under new ownership by Encryptus. EMURGO will continue to support the launch as…
TLDR Metaplanet, a Japanese investment firm, purchased 42.47 Bitcoins for $2.3-2.4 million. This brings Metaplanet’s total Bitcoin holdings to over…
TLDR Tether has launched a new synthetic stablecoin called Alloy (aUSDT), backed by its gold-backed token XAUT Alloy is an…
TLDR Curve Finance’s LLAMMA (Lending-Liquidating Automate Market Maker Algorithm) soft liquidation mechanism successfully managed a real-world test during a recent…
TLDR The Federal Reserve kept interest rates unchanged at 5.25%-5.50% range. Fed officials predicted only one rate cut in 2024,…
TLDR Short seller Citron Research has closed its short position in GameStop (GME) stock Citron cited GameStop’s $4-5 billion cash…
TLDR Itaú Unibanco, Brazil’s largest bank, has opened crypto trading for all customers on its investment platform Íon. Initially, only…
TLDR Bitfarms Ltd. (BITF), a global Bitcoin mining company, announced that the Toronto Stock Exchange (TSX) has deferred its consideration…
TLDR Rapper Iggy Azalea plans to relaunch her telecommunication company, allowing customers to purchase phones and monthly cell plans using…
TLDR The Bank of Canada cut interest rates by 25 basis points to 4.75%, becoming the first G7 nation to…
TLDR The market value of tokenized treasuries grew from $719 million to $1.44 billion in 2024, with BlackRock’s BUIDL fund…
TLDR Watford FC, an English soccer club, is offering 10% of its equity to investors and fans through the investment…
TLDR Bitpanda expands partnership with Deutsche Bank to provide real-time payment solutions for users in Germany The API-based account solution…
Mastercard, one of the world’s leading payment companies, has recently launched a groundbreaking feature called Mastercard Crypto Credential. This new…