RedotPay Raises $107M Series B as Stablecoin Users Hit 6M
RedotPay recently closed a $107 million Series B funding round, led by Goodwater Capital and supported by firms such as Pantera and Circle Ventures. According to
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Ripple CEO Highlights 30-Day Streak of XRP ETF Inflows
U.S. spot XRP exchange-traded funds have recorded 30 consecutive days of net inflows, according to a statement from Ripple CEO Brad Garlinghouse. The streak comes despite
Veteran Investor Eric Jackson Bets on AI-Driven Crypto Treasury Model
Veteran activist investor Eric Jackson is returning to the crypto treasury model with a revised structure after SRx Health Solutions announced plans to acquire EMJ Crypto
DOJ Ends Paxful Investigation
The P2P platform Paxful, the Department of Justice (DOJ), and the Financial Crimes Enforcement Network (FinCEN) have agreed to resolve the investigation into Paxful. The platform
SEC Closes Aave Investigation With No Enforcement Action
Stani Kulechov, founder of Aave, reported that after four years of scrutiny, the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into Aave. The
Brazil to Pilot Blockchain in State Real Estate Auctions to Curb Fraud
The Court of Auditors of São Paulo will hold Brazil’s first public auction in which all documents are recorded on the blockchain, aiming to reduce legal
Bitcoin and Ethereum Slip as U.S. Jobless Rate Hits 4-Year High
Bitcoin and Ethereum showed opposite movements following the release of combined October and November U.S. nonfarm payroll data, which revealed the highest unemployment rate since 2021
CoreWeave Implodes, Exposing Fault Lines in AI Compute Ecosystem
CoreWeave (CRWV) shares plunged more than 60% since June, raising concerns about a potential oversupply in AI infrastructure.
Sberbank Pilots DeFi Tools to Address Russia’s Crypto Demand
Sberbank, Russia’s largest bank, has begun testing decentralized finance (DeFi) products in response to rising cryptocurrency demand.
Mastercard, ADI Foundation pilot new stablecoin payments in UAE
Mastercard said in a press release that it has formed strategic alliances with the Abu Dhabi-based ADI Foundation to validate high-impact blockchain and stablecoin use cases,
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