Business

In brief Metaplanet plans to raise $250 million for its new Florida subsidiary The company already holds 5,000 BTC, halfway to its target of 10,000 BTC. Florida was chosen for its emerging status as a hub for Bitcoin innovation and adoption, according to the company’s CEO Metaplanet Inc. plans to establish a wholly owned subsidiary […]

Key Takeaways Ripple Labs made an unsuccessful $4 billion to $5 billion bid to acquire Circle Internet Financial. Circle focuses on its IPO and rejected the offer as too low given its USDC market value of $61.7 billion. Share this article Ripple Labs attempted to acquire Circle Internet Financial, the company behind the USDC stablecoin,

In brief PayPal says the SEC ended its 15-month investigation into PYUSD in February with no action taken. The inquiry began in November 2023 with a subpoena requesting internal documents on the stablecoin. The decision comes as Congress advances two major bills, the STABLE and GENIUS Acts, to regulate U.S. dollar-backed stablecoins. PayPal has emerged

In brief The Trump Organization’s $1 billion Dubai tower will accept crypto payments for luxury residences. The Trump family’s ever-growing crypto ventures now span NFTs, meme coins, advisory roles, and evangelizing crypto. At the same time, President Trump is pushing for crypto-friendly regulation in the U.S. The Trump Organization’s $1 billion Dubai tower will begin

Truth Social, the social media network owned by President Donald Trump’s Trump Media & Technology Group, said in a Tuesday letter to shareholders that it is considering launching a crypto token and wallet around its Truth+ streaming video service. “As part of a rewards program, we’re exploring the introduction of a utility token within a

Gold-backed stablecoin Tether Gold’s total market value recently soared above $800 million as investors continued embracing safe-haven assets amid concerns over rising inflation, with a newly released attestation from a third-party auditing firm showing just how much gold that Tether is stockpiling to back the token.   The cryptocurrency hit a $770 million market capitalization as

Key Takeaways Nexo has resumed its operations in the US market offering a comprehensive range of financial products. The pro-crypto stance of the Trump administration is seen as favorable for the returning of Nexo. Share this article Nexo, a leading digital asset service provider, announced Monday its return to the American market amid a renewed

In brief Coinbase has fixed a UX error that incorrectly displayed failed password login attempts as 2FA failures. The fix shows how user experience improvements can improve how users trust and perceive a crypto app. Researchers suggest interface problems may contribute to the broader challenge of crypto adoption. Crypto exchange Coinbase has reportedly fixed a