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Swift Launches a Blockchain Ledger to Bring 24/7 Cross-Border Payments to the Global Banking System
The Brussels-based institution highlighted that the blockchain ledger underneath this project progressed from proof of concept to activation and pilot use in nine months. Seventeen banks on six continents will now conduct pilot payments…
Tether Expands Its Footprint in Latin America With a $20 Million Investment in Mercado Bitcoin
The stablecoin giant announced that this investment will support Mercado Bitcoin’s expansion efforts in payment infrastructure, tokenized investment offerings, lending and credit, and on-chain capital markets. The move follows several…
Kraken Wins $22 Million Arbitration as Arjun Sethi Calls for Clear Crypto Rules
Payward, Kraken’s parent company, has asked the Delaware Court of Chancery to enter final judgment against Mazars USA after winning a $22 million arbitration award. Co-CEO Arjun Sethi framed the case as part of a broader fight over…
LAB Token Crashes 80% to $1.25 as $5B Market Cap Vanishes in 48 Hours
LAB Trade’s native token collapses 90% in 48 hours, wiping out billions in market cap amid insider control and manipulation allegations. LAB Trade Blames ‘Large Market Participants’ LAB, the native token of the multi-chain trading platform…
Vaneck: Saylor’s Strategy Sold $135 Million in Bitcoin Without Tapping Its $1.25 Billion…
Vaneck Head of Digital Assets Research Matthew Sigel says the roughly $135 million in bitcoin Strategy sold last week did not draw down the company’s $1.25 billion BTC Monetization Program, leaving that capacity fully intact. On Strategy’s…
Saylor: Bitcoin Needs Just 3.3% Annual Growth for Strategy to Fund STRC Dividends ‘Indefinitely’
Strategy Inc. (Nasdaq: MSTR) executive chairman Michael Saylor says bitcoin only needs to appreciate faster than 3.3% a year for the company’s capital gains to fund its STRC dividends indefinitely, calling the metric behind that math one of…
Terawulf and Anthropic Sign 20-Year AI Data Center Lease Worth $19 Billion
Terawulf has signed a 20-year AI infrastructure lease with Anthropic, expected to generate about $19 billion in contracted revenue. Terawulf Advances AI Strategy With Anthropic Lease and Texas Asset Sale Terawulf is reshaping its data…
Pro-Crypto Nigel Farage Quits MP Seat and Vows By-Election Fight Following Controversy Over Latest…
Reform UK leader Nigel Farage has resigned his seat as MP for Clacton, triggering a local by-election that he immediately intends to contest. Preempting the Watchdog Nigel Farage, leader of Reform UK and a prominent opposition figure, has…
Sunsetting YGG Play: Yield Guild Games Lays off 35 in Major Shift Away From Crypto Game Publishing
Yield Guild Games blamed the events of 10/10, one of the largest crypto crashes ever, for the bear market that ultimately led to the sunset of this business unit. YGG reported that 35 people will be laid off and that it will not pivot to…
Whales Open $148 Million in Leveraged Longs as Bitcoin Reclaims $64K After Strategy’s 3,588 BTC Sale
Three whale wallets opened nearly $149 million in leveraged bitcoin and ether longs as BTC climbed back above $64,000, onchain tracker Lookonchain reported, just a day after Strategy disclosed its $216 million sale. Big Money Leans Long…