The venture arm of the U.S. multinational bank Citigroup (C) made a strategic investment in stablecoin payments platform BVNK, the companies announced on Thursday. Citi Ventures joins Visa (V) in backing BVNK, after the payments giant made its own strategic investment in the company in May this year. The companies have not disclosed the size
Bitcoin BTC$121,772.21 dipped below a key support level Thursday, pulling the broader crypto market down as the US dollar gained strength ahead of Federal Reserve Chair Jerome Powell’s speech. The leading cryptocurrency fell over 1% $121,500, reversing Wednesday’s spike and penetrating the 200-hour simple moving average, CoinDesk data show. Other major tokens such as BNB
The U.K. officially lifted its multi-year retail ban on crypto exchange-traded notes (ETNs), saying the digital asset market has matured enough for individuals to invest through regulated products, even if investors will have to wait a little longer to add them to their portfolios. In a policy update Wednesday, the Financial Conduct Authority (FCA) confirmed
London-based crypto firm Neverless, founded by former Revolut executives Phuc To, Arthur Johanet and Mikael Peydayesh, has introduced a “Boosted Bitcoin Plan,” designed to help retail users grow their bitcoin BTC$121,873.52 holdings faster through automated, recurring purchases enhanced by leverage. The new investment product builds on the dollar-cost averaging approach – a strategy where investors
A new crypto infrastructure startup called Block Street has raised $11.5 million to build what it calls an “execution layer for on-chain stocks.” The funding round was led by Hack VC, with backing from Generative Venture, DWF Labs and others including executives from firms like Jane Street and Point72. Block Street’s pitch is that trading
Bitcoin’s push to new record highs this week isn’t letting up, with on-chain data and derivatives activity revealing a market built on stable foundations rather than speculative excess. The current market run still has momentum as profit-taking remains below prior cycle peaks despite Bitcoin setting numerous all-time highs this year, according to CryptoQuant’s latest weekly
Ripple secures major industry recognition as its blockchain-powered payment solutions gain traction, boosting cross-border efficiency, real-world adoption, institutional support, and global financial system modernization. Ripple Earns Top Honors for Real-World Blockchain Payment Solutions Blockchain-based payment innovation is gaining momentum as financial institutions increasingly look to digital assets for real-world applications. At the recent PAY360 Awards,
CCP Games, the studio behind EVE Online, has announced that its next-generation space survival MMO, EVE Frontier, will be built on the Sui blockchain, a move the studio says is central to its vision of a truly player-defined, persistent universe. By leveraging Sui’s object-centric architecture, CCP aims to model tens of thousands of star systems,
The digital landscape is in constant flux, a testament to humanity’s unyielding drive for progress. From the early days of dial-up to the hyper-connected world we inhabit, the internet has reshaped nearly every facet of our lives. Yet, as we stand at the precipice of web3, a new paradigm emerges, promising a more equitable, transparent,
The Federal Reserve’s Payments Innovation Conference on Oct. 21 will bring some of the world’s most powerful voices in global finance and cryptocurrency to a small island off the coast of Connecticut. Among the discussions to be had will be talks surrounding how innovation is changing payments and shaping what money looks like in a