Cardano founder Charles Hoskinson has criticized traditional financial infrastructures, particularly SWIFT, forecasting their eventual demise. Speaking in an interview on the David Lin Report, Hoskinson predicted that SWIFT and other large traditional financial systems will eventually “die” due to their inability to sustain themselves. He backed up this claim by pointing to several shortcomings of
The price of Bitcoin and other cryptocurrencies rose on Thursday as investors mulled the strength of Nvidia’s earnings and signs of a stronger-than-expected U.S. economy. Bitcoin changed hands around $113,000, a 0.9% increase over the past day, according to crypto data provider CoinGecko. Solana meanwhile rose 2.3% to $212. SOL was up nearly 5% at
Portal to Bitcoin, a Bitcoin-first protocol enabling trust-minimized cross-chain trading, has secured $50 million in new financing led by Paloma Investments, bringing the project’s total funds raised to $92 million. The funding will support the expansion of BitScaler, the firm’s adapter that scales native Bitcoin without wrapped tokens, custodial bridges, or “message passing or other
Stablecoin startup Mo has raised $40 million in Series B funding as venture capital firms continue to pile money into the sector, Fortune reported on Thursday. The funding round was led by Polychain and Ribbit Capital and included contributions from the Endeavor Catalyst fund and existing investors Pantera and Bain Capital Crypto. Mo, which has
The world of digital finance is buzzing with exciting news! M0, a pioneering stablecoin infrastructure developer, has just announced a remarkable achievement: a successful Series B funding round that secured an impressive $40 million. This significant investment highlights growing confidence in the future of stablecoins and the critical infrastructure needed to support their widespread adoption.
Nvidia (NASDAQ: NVDA) beat earnings and revenue expectations for the past quarter yesterday, reporting $46.74 billion in revenue. However, the stock still slipped as much as 3.5% in extended trading as data center performance failed to meet investor projections. The chip maker remains confident, however, projecting revenue for this quarter to be even higher at
UNDER EMBARGO UNTIL AUG 28 9AM ET A group of former Jump Trading, Coinbase (COIN) and Citadel Securities engineers said it raised $20 million in new funding for trading infrastructure startup aPriori, bringing the total capital raised to $30 million. The round included participation from HashKey Capital, Pantera Capital, Primitive Ventures, IMC Trading, GEM, Gate
HashKey Exchange has unveiled the STBL tokenized note on its wealth management platform. Cinda International Asset Management issues the note, which is a portfolio of AAA-rated money market funds (MMFs) underpinning it. This product offers professional investors a secure, high-quality digital asset investment vehicle. STBL allows daily subscriptions and redemptions, while also supporting 24/7 transfers
A debt buyback of up to 1.4 billion was completed by the U.S. Treasury on an August 26, 2025, bringing the two-week total to 7.4 billion. This action is consistent with quarter-to-quarter refunding techniques, and it indicates the growing worry about liquidity control in the context of national debt that is over 35 trillion. Operation
Robinhood’s CEO Vlad Tenev laid out a roadmap for his retail trading company (NASDAQ: HOOD) that signals a departure from the typical online brokerage model and a move toward what he described as a “family office in your pocket.” Speaking in an extended interview with The Iced Coffee Hour podcast, Tenev detailed a vision for