Crypto infrastructure builder Polygon Labs said it has signed definitive agreements to acquire crypto payments firm Coinme and wallet infrastructure provider Sequence for more than $250 million, as it looks to expand Polygon’s role in stablecoin-based payments and onchain money movement. The move comes as crypto projects increasingly position themselves as neobank-like platforms, offering payments,
While the leading cryptocurrency Bitcoin (BTC) was trading around $92,000 and Ethereum (ETH) around $3,137, US December inflation data was released. While volatility in BTC continues, the whole world is focused on US inflation figures. Here are the US inflation figures that have been released: Here are the data released for November: Consumer Price Index
Alphabet reaches a $4 trillion market value, driven by its intensified AI focus. The Google parent is only the fourth company in history to hit the $4 trillion milestone after Nvidia, Microsoft and Apple. On January 12, Alphabet’s Class‑A shares surged to $334.04, briefly pushing the company’s market capitalization to $4 trillion, the highest ever for
ClearBank has chosen digital asset infrastructure provider Taurus to support its push into stablecoin-related services, as the U.K.-based clearing bank looks to broaden its payments and digital asset offerings for clients, the company said in a press release Tuesday. Under the agreement, ClearBank will use Taurus-PROTECT as its wallet infrastructure provider, enabling it to offer
Singapore Gulf Bank (SGB), a fully licensed digital bank regulated by the Central Bank of Bahrain, has taken a major step in expanding its global payment capabilities by opening a correspondent banking account with J.P. Morgan. The move grants SGB direct access to J.P. Morgan’s established USD clearing network, strengthening its ability to deliver fast,
Brian Armstrong, the chief executive officer (CEO) at the largest U.S.-based publicly-traded cryptocurrency exchange, Coinbase, has taken to his social media account to make an important statement to the global community. He spoke about crypto wallets, their actual purpose and importance, which many users underestimate. The crypto community supported the Coinbase CEO in the comments.
Standard Chartered is considering expanding its digital assets business, with early discussions underway to launch a crypto trading and prime brokerage platform. If pursued, the initiative would place the British lender among a cohort of global banks expanding their exposure to cryptocurrencies. Key Points Standard Chartered is in early talks to develop a crypto trading
Michael Saylor, executive chairman of Strategy (MSTR), the world’s largest public holder of bitcoin, introduced the firm’s fourth perpetual preferred equity offering, Stretch, (STRC), in late July. Saylor described STRC as Strategy’s iPhone moment, a breakthrough that redefines corporate finance. STRC, dubbed by the firm as “Short Duration High Yield Credit” Stretch, is a perpetual
The global banks landscape is undergoing a sharp reassessment as major banks rethink interest rate expectations. For months, investors anticipated rapid easing from the US Federal Reserve. That confidence now fades as inflation pressures persist and economic resilience surprises policymakers. The Fed rate cuts outlook has shifted dramatically, forcing markets to adjust strategies. JPMorgan, Goldman