Ark Labs, a Bitcoin infrastructure startup backed by Tim Draper, has secured $5.2 million in seed funding to build a programmable financial infrastructure on the world’s largest digital asset network. According to a Thursday statement, the round included Tether, Ego Death Capital, Epoch VC, Lion26, Sats Ventures, and Contribution Capital. Anchorage Digital and Ralph Ho,
SEOUL, South Korea – March 2025 – DWF Ventures, the investment division of global digital asset market maker DWF Labs, has published a significant report outlining the substantial potential for a Korean Won-denominated stablecoin. The analysis arrives at a pivotal moment for South Korea’s financial technology sector, as the nation prepares for the implementation of
Cameron and Tyler Winklevoss, the bosses of the Gemini exchange, have found themselves in a dire predicament that stems from a massive miscalculation of market timing, The Information reports. The twins launched Gemini’s Initial Public Offering (IPO) last fall to much fanfare. They also doubled down on this bullish sentiment by funding expensive global expansions,
Circle (CRCL) has recently outperformed other crypto-linked equities, a move investment bank William Blair said reflects more than shifting macro conditions. “It is tempting to ascribe recent strength to surging oil prices and perhaps a more hawkish Fed,” wrote analysts Andrew Jeffrey and Adib Choudhury in a Thursday note to clients. “We think there is
Wall Street giant Goldman Sachs has revised its forecast on when the U.S. Federal Reserve will make the first rate cut this year. This delay in their forecast for the first Fed rate cut this year comes as the Iran war threatens to drive inflation higher, which could make the U.S. Central Bank more wary
Athletes drafted on Thursday to compete in the MoonPay X Games League are set to receive signing bonuses in stablecoins, providing an early look at how the crypto payments provider plans to elevate its partners via the action sports spectacle. MoonPay said one-time payments of $2,500 will be sent to 40 athletes in the form
The war between the US and Iran increased uncertainty and oil prices, which indirectly heightened inflation concerns. Analysts are concerned that inflation, which the US Federal Reserve (FED) has long been trying to bring down to its 2 percent target, may come under renewed upward pressure as a result of this increase in energy prices.
Eightco Holdings’ ($ORBS) shares rose as much as 25% in early trading after the firm said it secured $125 million in new institutional funding commitments and made $75 million in AI and crypto investments. The commitments include $75 million from Bitmine Immersion Technologies (BMNR), an ether (ETH) treasury asset company that holds a near 7%
Cryptio, a developer of accounting software for digital assets, raised $45 million in a Series B funding round as financial institutions and corporations expand their use of blockchain-based assets. The round closed about three weeks ago and was led by BlackFin Capital Partners and Sentinel Global. Existing investors 1kx, BlueYard Capital and Ledger Cathay Capital