Ripple Sidelines Its IPO Plans Amid an $11.3B Valuation and SEC Victory
TL;DR Ripple suspended its IPO plans for 2025, prioritizing acquisitions and new products like RLUSD, despite its solid $11.3 billion valuation. The $1.25 billion purchase of
blockchain (Latest Publications)
Solana’s Gaming Future Gets a Boost as MagicBlock Bags $7.5M Investment
TL;DR $7.5M Seed for On-Chain Gaming: MagicBlock has raised $7.5M to power real-time, fully on-chain gaming experiences on Solana, positioning itself as a key player in
Viral Buzz: Strategy CEO Saylor Drops Just Three Powerful Bitcoin Words
TL;DR Michael Saylor, CEO of Strategy, went viral with a three-word message: “Get On Board,” firmly supporting Bitcoin. Strategy holds 538,200 BTC, valued at over $50
Ethena’s USDe Boom Fuels a Tether USDT Surge, Says Founder
TL;DR The founder of Ethena stated that the issuance of USDe drives demand for USDT, since it covers 70% of the collateral in perpetual swaps. Young
PayPal and Coinbase Remove PYUSD Fees to Boost Usage
TL;DR PayPal and Coinbase expanded their partnership to remove fees for operating with PYUSD on Coinbase and boost its adoption in regulated markets. The agreement includes
RockawayX Announces Second Fund, Raising $125M Primarily for Solana Ventures
TL;DR RockawayX has closed its second investment fund with $125 million, with up to 75% allocated to Solana-based startups. The firm sees Solana as the most
CME Group to Roll Out XRP Futures on May 19, Expanding Its Crypto Offerings
TL;DR CME Group announced that it will launch XRP futures on May 19, subject to regulatory approval, adding another asset to its crypto offerings. The contracts
Upbit and Bithumb Suspend Synthetix Deposits Citing sUSD Volatility Threats
TL;DR Upbit and Bithumb suspended SNX deposits following a DAXA warning over risks posed by sUSD’s instability. The drop of sUSD to $0.68 and SNX’s 26%
Crypto Startups Lose Nvidia’s Backing as AI Takes Center Stage
TL;DR Nvidia has decided to exclude cryptocurrency-related startups from its “Inception” accelerator program, shifting its focus toward artificial intelligence. This move doesn’t imply a total rejection
PayPal Introduces 3.7% Interest on its PYUSD Stablecoin
TL;DR PayPal will offer a 3.7% annual yield on PYUSD balances starting in the summer of 2025, with monthly payments in the same stablecoin. PYUSD is
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