The bank says its early client roster includes businesses in crypto, foreign exchange, and logistics Former leaders of the shuttered Signature Bank are returning to the financial sector with a new venture designed around blockchain-based payments. The group has launched N3XT, a Wyoming-chartered institution built to move money instantly and operate around the clock. The
The exchange is launching predict.fun, a platform built on BNB Chain by a former Binance employee Binance founder Changpeng “CZ” Zhao is drawing new attention to prediction markets after spotlighting predict.fun, a platform built on BNB Chain by a former Binance employee. The site allows users to wager on outcomes while earning yield on the
Binance is trying to stabilize its structure while continuing to evolve in the market Binance has expanded its leadership team by naming co-founder Yi He as the company’s new co-CEO, placing her alongside current chief executive Richard Teng. The announcement was made during Binance Blockchain Week, where Teng emphasized that Yi He has been central
Acting FDIC Chair Travis Hill confirmed the initiative in remarks made to the House Financial Services Committee US regulators are preparing to roll out a detailed framework for stablecoin oversight, with the Federal Deposit Insurance Corporation (FDIC) signaling that its proposal could arrive before the end of the month. Acting Chair Travis Hill outlined the
Some Bitcoiners are calling on community members to close bank accounts and divest from the company A new wave of criticism has hit JPMorgan after Bitcoin supporters accused the bank of spreading fear, uncertainty, and doubt (FUD) about Strategy, the largest corporate holder of Bitcoin, and other crypto treasury firms. The backlash centers on JPMorgan’s
South Korea’s largest cryptocurrency exchange is reviewing activity after a series of unauthorized transfers Upbit, South Korea’s largest cryptocurrency exchange, temporarily halted all deposits and withdrawals this week after detecting roughly $36 million in unauthorized transfers from one of its Solana-network hot wallets. The suspicious activity was flagged earlier today, prompting the exchange to immediately
Gaining formal approval allows Polymarket to bring prediction trading into mainstream US Polymarket has received approval from the US Commodity Futures Trading Commission (CFTC) to operate an intermediated trading platform, marking a major shift for the crypto-based prediction market. The company announced that the CFTC issued an Amended Order of Designation, placing Polymarket under the
As in previous funding operations, employees helped push the value up Revolut has reached a new milestone after completing a share sale that values the company at $75 billion, placing the London-based neobank among the highest-valued fintechs in the world. The deal drew investment from major firms including Coatue, Greenoaks, Fidelity, Dragoneer, a16z, Franklin Templeton,
The US Department of Justice has indicted CEO Firsa Isa and the company for illegal activity Crypto Dispensers, a Chicago-based operator of Bitcoin kiosks, is considering a possible sale after its CEO was indicted on federal money laundering charges. The company said it has hired outside advisors to conduct a strategic review and gauge interest
Supporters say accepting BTC for taxes could help the US compete globally A new proposal in Congress aims to make Bitcoin an option for paying federal taxes, adding fresh momentum to the debate over how cryptocurrency should fit into US financial policy. The bill, introduced by Representative Warren Davidson of Ohio, would let taxpayers submit
The exchange-traded fund is one of the first US-listed products to track the cryptocurrency directly Bitwise Asset Management is set to launch its new spot XRP exchange-traded fund today, marking one of the first US-listed products to track the cryptocurrency directly. The fund will trade on the New York Stock Exchange under the ticker “XRP,”
The move follows an ongoing trend of growing activity in the space Coinbase appears to be preparing a major expansion into prediction markets, according to screenshots shared by tech researcher Jane Manchun Wong. Wong, known for uncovering unreleased features hidden in source code, posted images on X showing what looks like a fully branded interface
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