Ripple raises $275 million in senior notes for prime brokerage push
Ripple Prime's inaugural senior notes carried an investment grade rating and drew institutional investors across key financial markets. Source:CoinDesk
Wyoming joins $15 billion LayerZero exodus with state stablecoin move
This is the first time a U.S. government entity has publicly replaced its blockchain infrastructure specifically on security grounds. Source:CoinDesk
Bitcoin miners’ AI pivot pays off, but mining could revive with one twist
Miners with AI and highperformance computing contracts have commanded higher valuations as declining bitcoin prices and hashprice squeeze pureplay operators.…
Japan's Metaplanet launching U.S. bitcoin treasury company through $135 million nanocap deal
The deal involves Metaplanet contributing 2,100 bitcoin and $2.5 million in cash, valuing the initial investment at $134.6 million. Source:CoinDesk
HashKey taps Hong Kong's first regulated stablecoin to settle insurance and trade deals
Following institutional trials, the HKDpegged asset is being put to work to capture part of Hong Kong's $49 billion trade corridor with the United Arab…
Crypto’s easy-money era is ending in a wave of failures
Inflated valuations and weak business models are driving crypto’s shakeout, Global Settlement Network CEO Ryan Kirkley says. Source:CoinDesk
MoonPay adds Cash App Pay for crypto purchases by US customers
Eligible US users can fund MoonPay crypto purchases with Cash App balances as the payments firm expands beyond its core onramp business. Source:Cointelegraph
Visa looking for new stablecoin settlement partner after BVNK sale to Mastercard
Visa’s request for product (RFP) talks about the need to support a range of stablecoins. Source:CoinDesk
South Korea joins more than 30 jurisdictions restricting Polymarket access
Regulators rejected Polymarket's defense regarding its P2P nature, arguing the platform manages market rules and facilitates cryptobased gambling activity.…
Saylor says share buyback isn’t priority as Strategy builds $4.8 billion cash reserve
Strategy is prioritizing STRC, cash reserves, and its credit business over stock buybacks, Executive Chairman Michael Saylor said Monday. Source:CoinDesk
BitMart founder dismisses calls for audit as users report blocked funds, unpaid employees
Sheldon Lee said a Chineselanguage X account making the claims was hacked. Users want wallets, assets and liabilities disclosed. Source:CoinDesk
Compound bets $52 million, new leadership team in switch to institutional focus
The protocol pioneered decentralized finance lending, but assets locked have tumbled from a peak five years ago. Now it's looking to attract institutions after…