Fin.com has raised $20 million in seed funding as the New York payments startup expands infrastructure for moving stablecoins into local bank accounts and digital wallets. Fortune reported on Sept. 15 that the financing closed in August and was led by Expa and Uber cofounder Garrett Camp, with Coinbase Ventures, Tenet Fund, founders of Figure,
Bitcoin traders are bracing for a bumpy few days. Bybit, one of the world’s largest crypto exchanges, has flagged the risk of sharp Bitcoin volatility tied to the Fed meeting scheduled for September 15 and 16, warning that history offers no clear roadmap for which way the price could swing once the Federal Open Market
Bitcoin, the leading cryptocurrency, is trading at $76,900 a day before the Fed’s September interest rate decision. While a cautious and downward trend prevails for $BTC, a new report has emerged from Coinbase. $16.6 Billion Worth of Options Approaching Expiration in the Crypto Market! While the market is monitoring the Fed and macroeconomic developments, the
Poland has been drawn into a $378 million criminal case over failed Venezuelan oil contracts after new reporting traced part of a $230 million payment through $USDT. The FT reported on Sept. 15 that Orlen Trading Switzerland, the Swiss trading arm of Poland’s state-controlled energy group Orlen, agreed in late 2023 to purchase roughly six
BlackRock has remained relentless in expanding its Bitcoin holdings as it continues to fortify its position as one of the largest Bitcoin-holding corporations. Amid its consistent Bitcoin accumulation, the latest data from Arkham Intelligence shows that BlackRock has seen steady demand for its Bitcoin investment product among institutional investors. BlackRock’s IBIT records steady capital influx
Ripple partner SBI Group has now applied to launch a new investment vehicle that will blend an aggressive robo-advisory approach to investing with the bonds being backed by the investment firm, Goldman Sachs. The ally of Ripple has just taken its latest step on a day that precedes the Bank of Japan’s policy decision on
The size of Kazakhstan’s cryptocurrency market has increased more than 30 times over the past three years since the country started regulating it. Three crypto platforms have been licensed under its recently updated legislation, with another five awaiting authorizations, officials in Astana announced. Kazakhstan sees massive increase in regulated crypto transactions The authorities in Kazakhstan
Tonkeeper, the largest self-custodial wallet in the TON ecosystem, has become Keeper and expanded its support to more chains, including Bitcoin, Ethereum, BNB Smart Chain, Base, Arbitrum, and TRON, the project said Tuesday. According to Andrew Rogozov, CEO and founder of The Open Platform (TOP), Tonkeeper’s role as a home for TON has provided the
Bitcoin’s post-quantum roadmap is becoming clearer, focusing on two pivotal proposals: Pay-to-Merkle-Root (P2MR) and SHRINCS. According to Protocol Watch founder Christine D. Kim, the BIP-360 draft seeks to reduce long-term public-key exposure while creating an upgrade path for future quantum-resistant signatures. This development is crucial as it prepares Bitcoin for potential quantum computing threats, impacting
Stablecoin payments startup Velocity raised another $10 million from investors including Visa (V), Circle (CRCL) and Ripple, extending a Series A that now totals $48 million as financial heavyweights push deeper into blockchain-based payments infrastructure. Haun Ventures, Translink Capital and Mirana Ventures also participated in the extension, which follows a $38 million Series A announced