I’ve got some good news for you: Venture capital fundraising seems to be bouncing back after a slow May. According to Blockworks Research data, there was roughly $2.8 billion raised last month. Source: Blockworks Research If you remember from the last time we took a look at this data, VC funding topped off around $594
The cryptocurrency world is buzzing with the latest development from South Korea’s PiLab Technology, the innovative firm behind the L1 cross-chain Bifrost Network. In a move that signals significant strategic intent, PiLab has officially filed trademark applications for a trio of new stablecoins: MJPY, MKRW, and MUSD. This isn’t just a bureaucratic formality; it’s a
Transak has officially listed Tether Gold (XAU₮), a gold-backed stablecoin issued by Tether, on its global stablecoin onboarding platform, as per the reports shared with Finbold on Monday, July 7, The listing allows users worldwide to purchase, transfer, and settle in gold-backed tokens without traditional intermediaries or physical storage requirements. Each XAU₮ token represents one
Shares of Mustang Bio (NASDAQ: MBIO) surged on Monday as investors responded to a significant approval from the Food and Drug Administration (FDA). By press time, Mustang Bio’s stock was trading at $5.11, marking a 329% surge. Over the past week, the equity has rallied by more than 400%. Notably, the stock is part of
Japan’s consumer index falls for the third month, raising concerns about household spending and economic momentum. Investors are eyeing Bitcoin as weak consumption data could prompt the Bank of Japan to adopt a more cautious policy stance. Japan’s consumer index fell for the third month in May, pointing to weaker household demand and fresh concerns
The financial world is buzzing with news from South Korea, where traditional banking giants are making decisive moves into the digital asset space. Specifically, BNK Financial Group, a prominent financial holding company, has announced a significant stride towards the future of digital currency. Its affiliates, including BNK Financial Holdings, Busan Bank, and Kyongnam Bank, are
Assets in tokenized Treasury and money market products rose 80% to $7.4 billion, a RWA.xyz report says. Stablecoin issuers could be in trouble as investors and funds shift from stablecoins to higher-yield alternatives. On Monday, the Financial Times covered a report by RWA.xyz on the state of asset tokenization. According to the analytics firm, tokenized
The minutes of the Fed’s June 12 meeting are unlikely to change markets’ expectations that there will be no rate cut at the July meeting, UK-based Lloyds Bank said. According to the bank, September is seen as the more likely date for a rate cut. While the Fed’s “dot plot” graph reflecting interest rate estimates
Murano to Enhance Existing Core-Strategy 21 Bitcoin BTC$108,322.08 Purchased to Date; Aims to Become a Major BTC Holder Joins BTC Inc & Michael Saylor’s Strategy-Backed Initiative “Bitcoin for Corporations” as Chairman’s Circle Member Significant Proceeds from SEPA Expected to Be Used to Purchase BTC London, July 7, 2025 – MURANO GLOBAL INVESTMENTS PLC (NASDAQ: MRNO)
Misinformation about MicroStrategy securities is rampant on social media, and a claim about an incredible delay in purchase orders for the company’s Strife (STRF) is the latest, egregious example. According to Josh Mandell, the $6 trillion asset manager and brokerage Fidelity didn’t fill his market buy order for STRF for over seven minutes. Moreover, in