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Baanx, a cryptocurrency debit card enabler for the likes of MetaMask and 1inch, has introduced a rewards wallet combining on-chain finance with traditional loyalty perks and discounts, using underlying technology from Circle, the provider of the USDC stablecoin.Built on Circle’s programmable wallet tech, the Baanx platform allows crypto holders access
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It was a bad week for crypto prices, with BTC and ETH both falling and the CoinDesk 20, which covers 80% of the market, losing 7% since Monday. But less speculative assets showed plenty of volume. Stablecoins, in particular, were the name of the game this week. The U.S. House
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An investment firm with ties to U.S. President Donald Trump’s sons, Eric and Donald Trump Jr., is putting some of its excess cash into a spot bitcoin exchange-traded fund (ETF) — an unusual twist on the increasingly popular strategy of holding bitcoin as a corporate reserve.Dominari Holdings (DOMH), located in
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U.S. Representatives Zach Nunn (R-Iowa) and Jim Himes (D-Conn.) reintroduced a bill to help combat illicit finance and terrorist financing on digital asset platforms after the previous version passed the House of Representatives last year failed to make progress in the Senate before the end of the congressional session.The Financial Technology
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Galaxy Digital (GLXY), the Mike Novogratz-led digital asset financial services firm, will pay $200 million as a settlement with the New York Attorney General's (NYAG) office relating to the collapse of the Terra-Luna ecosystem in 2022.The firm will pay $200 million to the State of New York for matters relating
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Bpifrance, a French state-owned investment bank, plans to invest 25 million euros ($27 million) in digital assets as part of an initiative to strengthen the country's blockchain industry.The bank will buy and hold crypto tokens related to decentralized finance (DeFi) tokenization, staking and staking, it said on Thursday.The plan is
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GameStop (GME) has priced its previously announced private offering of $1.3 billion in convertible senior notes, setting the stage for the company's foray into having bitcoin (BTC) on its balance sheet.The zero-coupon notes, due in 2030, will initially convert at a rate of 33.4970 shares per $1,000, representing an initial
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Artificial intelligence-focused firm CoreWeave raised $1.5 billion for its initial public offering (IPO), valuing the company at roughly $23 billion, Bloomberg reported on Thursday night, confirming earlier reports that it had downsized its IPO.The cloud provider sold 37.5 million shares at $40 each. It had initially planned to sell 49
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The Sei Foundation, the nonprofit development organization behind the layer-1 blockchain Sei (SEI), is exploring the acquisition of bankrupt personal genomics company 23andMe and putting the genetic data of 15 million users on blockchain rails. The foundation announced the initiative in an X post on Thursday, calling the plan its
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Shares of GameStop (GME), the embattled video game retailer turned memestock darling, plunged 25% on Thursday, more than erasing all the gains since the company earlier this week announced it will add bitcoin (BTC) as a treasury reserve asset.GME fell to just above $21 during the session, trading at its
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