Business

The price of various crypto-linked stocks soared on Wednesday after U.S. President Donald Trump unveiled a 90-day pause on implementing most of his “reciprocal” tariffs. Strategy, Coinbase and major Bitcoin miners were well into positive territory as U.S. markets closed, reversing more than a week of steep losses.  The president said over 180 countries would […]

Digital asset trust bank Anchorage Digital will safeguard some of the Bitcoin and Ethereum held by BlackRock’s exchange-traded funds, according to two Securities and Exchange Commission filings submitted on Tuesday. A digital asset trust bank is like a regular bank, but it’s allowed to hold cryptocurrencies on behalf of clients, while Anchorage also specializes in

Key Takeaways Ripple acquired Hidden Road for $1.25 billion, becoming the first crypto company with a global multi-asset prime broker. The deal enables Hidden Road to use Ripple USD as collateral and migrate post-trade activity to the XRP Ledger. Share this article Leading asset manager Ripple announced today that it is acquiring Hidden Road, a

On Monday, World Liberty Financial (WLFI), a decentralized finance project backed by President Donald Trump, announced a proposal to distribute a small amount of its newly launched USD1 stablecoin to all eligible WLFI token holders.  The test, the company wrote, would “validate the technical functionality of its airdrop system in a live environment while thanking

Franchise owners of restaurant brands Johnny Rockets, Fatburger, Round Table Pizza, Great American Cookies, and other FAT Brands entities can now pay franchisee royalty payments in Bitcoin.  The publicly traded FAT Brands (Nasdaq: FAT), which boasts 18 different franchise concepts and more than 2,300 locations worldwide, said the move “underscores its commitment to financial and

Users of popular payments apps PayPal and Venmo will soon be able to buy, sell, hold, and transfer Solana and Chainlink from directly inside their accounts alongside leading cryptocurrencies Bitcoin and Ethereum.  PayPal said that adding the new coins, which are both among the top 15 most valuable cryptocurrencies by market cap respectively according to

With millions lost to crypto fraud in Illinois, a new bill aims to tighten regulations in the digital asset space. On Thursday, the Illinois Senate Executive Committee passed Senate Bill 1797, the Digital Assets and Consumer Protection Act, which seeks to regulate digital asset businesses within the state. The bill, first introduced in February by

U.S. Senator Ted Cruz (R-TX) has introduced a new bill aiming to turn waste energy into electricity for Bitcoin mining. The Facilitate Lower Atmospheric Released Emissions (FLARE) Act, introduced on March 31, is geared towards making waste energy productive by capturing gas that would otherwise be flared or vented. The plan is to incentivise this