Tether is turning to video streaming platform Rumble to roll out USAT, its newly launched U.S.-regulated stablecoin, as part of its return to the American market. Summary Tether is looking to use Rumble’s 51 million monthly active users to promote adoption of its new USAT stablecoin. CEO Paolo Ardoino says Rumble will launch a crypto…
Metaplanet is cementing its position as one of the most aggressive corporate adopters of Bitcoin, steadily expanding its treasury strategy. Summary Metaplanet confirmed the acquisition of 5,268 BTC on Oct. 1, worth $615.7 million at an average price of $116,870 per coin. Its total Bitcoin holdings now stand at 30,823 BTC, acquired at a cumulative…
After a volatile stretch that briefly pushed it below $3,900, Ethereum is now holding steady near $4,100 as corporate accumulation provides support. Summary Ethereum price is holding near $4,130, down 1.6% in the past 24 hours. The asset staged a mild recovery after briefly dipping below $3,900 last week. BitMine purchased over 51,000 ETH worth…
AlphaTON Capital, a TON treasury company, has signed a non-binding letter of intent to acquire a controlling interest in mobile gaming firm GAMEE, a wholly owned subsidiary of Animoca Brands. Summary AlphaTON Capital has signed a non-binding letter of intent to acquire a 51% stake in Animoca Brands’ gaming subsidiary GAMEE. The deal includes plans…
Societe Generale’s digital asset arm is now live on Morpho and Uniswap, moving its regulated EURCV and USDCV stablecoins beyond centralized exchanges and into the heart of decentralized lending and spot markets. Summary Societe Generale-FORGE has deployed euro and dollar stablecoins on Morpho and Uniswap. Users can borrow against BTC, ETH, and tokenized money market…
Stablecoins are moving further into mainstream finance, with Visa Direct unveiling a new pilot for faster cross-border payments. Summary Visa Direct has launched a pilot allowing businesses to process cross-border payments with stablecoins. The pilot aims to make international transfers faster and more cost-efficient by unlocking liquidity and modernizing treasury operations. Global adoption is accelerating…
Web3 protocol KGeN has raised millions in a recent funding round, aimed at supporting and expanding its operations. Summary KGeN secured $13.5 million in a new strategic round led by Jump Crypto, Accel, and Prosus Ventures, bringing total funding to $43.5 million. The funds will support the expansion of its Verified Distribution Protocol, infrastructure stack,…
BNB price has reclaimed the $1,000 support level as investors bought the recent dip amid new bullish developments surrounding the token. But can it reach a new all-time high as it continues trading within a bullish continuation pattern on the daily chart? Summary BNB price reclaimed the $1,000 support on Monday. The token is trading…
A new project by Tether co-founder Reeve Collins has recently listed on major exchanges including Binance Alpha, Kraken and ByBit, a stablecoin (STBL) that is attempting to disrupt how onchain finance is using blockchain technology to settle in good old fashioned treasuries. CN: What is STBL and how does STBL differentiate itself? RC: STBL’s architecture…
TokenWorks’ NFT Strategy tokens have been launched on the NFT marketplace OpenSea after gaining widespread market success with the ‘flywheel’ affect that lets traders combine DeFi with NFT. Summary All eight NFT Strategy tokens by TokenWorks have been listed on the OpenSea NFT marketplace. NFT Strategy tokens combine NFTs and DeFi, managing assets related to…
