Crypto Biz: Circle prepares to debut on Wall Street
Stablecoin issuer Circle is moving forward with its public offering debut and plans to shift its headquarters to Wall Street in 2025.
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MoonPay acquires API stablecoin infrastructure platform Iron
The integration of Iron’s technology will allow businesses to manage multicurrency treasuries and establish stablecoin payment rails for customers. Cryptocurrency payments company MoonPay is expanding its presence in the enterprise stablecoin market with the acquisition of Iron, an API-focused stablecoin infrastructure developer, for an undisclosed amount. According to a March 13 announcement, the acquisition will

Scalability Study: DLT Can Support Daily Trading Volume of US Equity Market
A recent study by the Depository Trust & Clearing Corporation (DTCC), a post-trade financial services firm, has found that distributed ledger technology (DLT) is scalable enough to support daily trade volumes of the U.S. equity market, according to a press release published Oct. 16.The blockchain scaling problem is growing along with the increasing popularity and…

NFT creator Yuga Labs raises $450M, bringing company valuation to $4B
Led by Andreessen Horowitz, the seed round is one of the largest funding deals in the nonfungible token market. 91 Total views 25 Total shares Yuga Labs, the creators of Bored Ape Yacht Club (BAYC) and new owners of the CryptoPunks and Meebits brands, announced it is now valued at $4 billion after its latest…

Future of payments: Visa to invest $100M in generative AI
Visa says it was one of the first firms in the world to pioneer AI in payments, deploying AI-based technology for risk and fraud management in 1993. 296 Total views 2 Total shares Global payment giant Visa is raising its bet on artificial intelligence (AI) in commerce and settlements by setting up a new fund

Decentralized Web3 data service taps ZK-proofs for tamper-proof SQL queries
Space and Time launches zero-knowledge proof tool for its decentralized database platform. 216 Total views 2 Total shares Decentralized Web3 data service Space and Time has tapped into zero-knowledge proof (ZK-proof) technology to cryptographically verify information queries within its ecosystem.The company’s proprietary Proof of SQL allows the platform to generate a SNARK cryptographic proof of a query…

Ether Futures ETFs could all get approval at same time: Report
At least 16 applications for Ether or Bitcoin-Ether futures ETFs are awaiting regulatory approval in the United States. 201 Total views 6 Total shares The United States Securities and Exchange Commission (SEC) is likely to approve multiple applications for Ether futures exchange-traded funds (ETFs) at the same time, the Wall Street Journal reported, citing sources…

‘Why I’m not investing in nothing burger Bitcoin’: Shark Tank’s Kevin O’Leary
Despite criticizing Bitcoin, the Shark Tank star also said the digital asset could become “something of tremendous value” if regulators were to back it. 3919 Total views 10 Total shares Businessman Kevin O'Leary, who appears on the reality TV show Shark Tank, seems to be backing away from statements he made in December indicating he…

Cross-chain bridges and DeFi integration are pushing these 3 altcoins higher
The cryptocurrency market is showing signs of progress following a multiday sell-off that saw the total market capitalization drop by more than $400 billion as Bitcoin's (BTC) price briefly fell below $46,000. While the majority of altcoins have entered a consolidation phase that includes a retest of underlying support levels, several projects have started to regain…