Author: CryptoDigestAlert.com
Coinbase Global Inc. is making a high-stakes move into the payments lane. The U.S.-based crypto exchange, according to Bloomberg, entered late-stage talks to acquire BVNK, a London startup that helps businesses move money across borders using stablecoins — the crypto industry’s version of digital cash. Summary The deal is reportedly valued between $1.5 billion and $2.5 billion. If completed, the acquisition would be the largest-ever in the stablecoin sector. BVNK recently secured investments from Citi Ventures and Visa Ventures, following a $50 million Series B round led by Haun Ventures with participation from Coinbase Ventures and Tiger Global. The deal,…
TLDR Changpeng Zhao’s lawyer has sent a formal demand letter to Senator Elizabeth Warren requesting an immediate retraction of her statements. Teresa Goody Guillén accused Warren of publishing defamatory remarks that damaged her client’s reputation after President Trump issued the pardon. Fox News reported that Changpeng Zhao is considering filing a libel lawsuit against the senator over her post-pardon comments. Senator Warren claimed that Changpeng Zhao pleaded guilty to criminal money laundering charges and called the pardon blatant corruption. President Trump pardoned Changpeng Zhao last week after he pleaded guilty in 2023 to failing to maintain an effective anti-money laundering…
Ripple is accelerating a global shift in humanitarian finance as its RLUSD stablecoin sees explosive growth and adoption by top aid organizations leveraging blockchain to deliver faster, cheaper, and more transparent disaster relief across underserved regions. Ripple Hits Hard With RLUSD Surge as Aid Giants Tap Blockchain for Relief Ripple’s increasing influence in blockchain-based philanthropy […] Source link
TLDR: NewGenIVF’s $120M deal lets it receive Solana tokens for share sales, marking a rare crypto-based funding model. The Nasdaq-listed firm already holds 13,000 SOL worth $2.5M, deepening its blockchain asset exposure. White Lion Capital sees the transaction as a step toward merging public equities with digital currencies. The agreement awaits final regulatory filings and could make NewGenIVF one of the largest Solana treasuries in Asia. NewGenIVF Group, a Nasdaq-listed tech conglomerate, is making a bold move in crypto finance. The company has entered into an agreement with White Lion Capital for a purchase worth 600,000 Solana tokens, valued at…
TLDR: Senate Agriculture Committee’s crypto bill could drop tomorrow, finalizing the commodities side of regulation. The draft expands CFTC oversight across spot markets and derivatives within the U.S. digital asset framework. Lawmakers are syncing efforts between the Agriculture and Banking Committees after months of stalled talks. The proposal aims to balance DeFi safeguards with innovation while clarifying digital commodity definitions. After weeks of silence, the Senate’s long-discussed crypto market structure bill is finally about to surface. Multiple Capitol Hill sources suggest the bipartisan draft from the Senate Agriculture Committee could drop as soon as October 31, 2025. The move follows…
TLDR: Strategy Inc. recorded $2.8B in Q3 profit driven by unrealized Bitcoin gains on its $69B crypto portfolio. The firm’s stock remains 45% below its November 2024 peak despite strong quarterly performance. Bitcoin gains fueled a rebound in Strategy Inc.’s books, reversing earlier losses from its leveraged exposure. The company plans to issue credit securities in offshore markets as part of its next funding phase. After months of financial pressure, Michael Saylor’s Strategy Inc. has returned to profitability. The firm, previously known as MicroStrategy, posted a strong third-quarter performance powered by unrealized gains on its massive Bitcoin holdings. It marks…
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Digitap hits $1m presale milestone as investors back its vision to merge traditional banking and DeFi. Summary Digitap raises $1m in presale as investors back its omni-bank bridging traditional finance and DeFi. Its TAP token is gaining momentum with real-world use cases, letting users spend, save, and earn in fiat and crypto. Investors are shifting to Digitap’s omni-bank vision, betting it could outperform Solana in 2025. In a space where speculation and hype are the order of the day,…
TLDR: Beijing court sentences five for using USDT to transfer over $166M across borders illegally. Illegal foreign exchange using crypto totaled more than RMB 1.182 billion, court documents show. Defendants pleaded guilty and accepted sentences of two to four years and fines. Procuratorate used cross-border data tracing and crypto transaction analysis to secure evidence. Beijing authorities have sentenced five individuals to prison terms ranging from two to four years for using virtual currencies to transfer funds illegally across borders. The defendants converted client-transferred RMB into USDT and moved it overseas, violating China’s foreign exchange laws. The case involved more than…
Key takeaways: Floki Inu’s price prediction shows an optimistic outlook, projecting FLOKI to increase to $0.000135 by the end of 2025. In 2028, Floki Inu is predicted to reach a maximum price of $0.000359. FLOKI price can reach a maximum level of $0.000583 and an average trading price of $0.000560 in 2031. Floki Inu is a meme coin driven by its community, the Floki Vikings. Inspired by Shiba Inu, Floki Inu aims to democratize power in the crypto space, pivoting the crypto market away from traditional financial entities. The Floki project ecosystem is diverse. It includes Valhalla, a blockchain combat…
TLDR: 61% of retail investors in HK and mainland China plan to double tokenized fund allocations. Active traders and high-net-worth investors target fund allocations between 16% and 26%. Phase 2 e-HKD pilot confirms instant settlement of tokenized funds on Aptos blockchain. 95% of respondents are willing to use regulated digital money for tokenized fund transactions. Hong Kong and mainland investors are showing growing appetite for tokenized funds. A joint pilot led by Aptos Labs, Hang Seng Bank, and Boston Consulting Group (BCG) revealed that 61% of retail investors plan to double their fund allocations. Active traders, high-net-worth individuals, and long-term…