Circle Targets Global Payments Growth With Tazapay Acquisition
Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a $400 million all-stock deal expected to close in...
Business
BitGo Acquires NYDIG Institutional Trading Business
BitGo has acquired the institutional trading business of Bitcoin infrastructure company NYDIG, adding derivatives and financing capabilities as it expands...
Japan’s SBI leads $68M Fasset round at $1B valuation
Fasset raised $68 million in a Series C led by SBI Group as the companies plan a digital bank in...
BitMart Account Demands Founder Explain Funds, Xia Calls Post Fake
BitMart’s official Chinese-language X account has publicly demanded that founder Sheldon Xia explain the whereabouts of user funds and produce...
MoonPay Adds Cash App Pay for Crypto Purchases in US
MoonPay has integrated Cash App Pay as a payment option for cryptocurrency purchases, allowing eligible US customers to fund transactions...
Strategy raises $334M through stock sales but buys no Bitcoin
Proceeds funded STRC dividends and repurchases, while $149.1 million was added to Strategy’s US dollar reserve, which reached $4.8 billion....
RedotPay US IPO Faces Delay Amid Regulatory, Legal Hurdles: Report
RedotPay’s plans for a US stock market debut have reportedly been delayed as the stablecoin payment company prepares to expand...
Gemini posts $108M Q2 net loss despite 37% revenue growth
Credit card and staking revenue drove Gemini’s services growth in Q2 as exchange revenue fell 38% and trading volume dropped...
BitGo posts $19M Q2 loss despite 80% revenue surge to $4.3B
An $18.8 million unrealized digital asset loss and weaker trading margins pushed BitGo into the red in the second quarter....
Bitdeer increased Bitcoin mining output by nearly fivefold in Q2
Bitdeer mined 2,694 BTC in Q2, but ended the quarter holding just 150 BTC after liquidating its treasury earlier this...
Boerse Stuttgart Digital, Tradias Complete European Crypto Merger
Boerse Stuttgart Digital and institutional crypto trading firm Tradias have completed their merger after clearing the required ownership control procedure,...
Step App winds down after four years as FITFI token sinks
Move-to-earn project Step App will wind down services by Aug. 21 after four years, while its FITFI token trades 99.9%...
Binance Affiliates Sue RedotPay Over User Diversion Claims
Binance-affiliated companies have sued the founders of Hong Kong-based cryptocurrency payments company RedotPay, alleging it diverted more than 470,000 users...
Nigeria Sets Crypto Tax Rules for Digital Asset Platforms
Nigeria’s revenue agency has issued rules requiring crypto platforms and peer-to-peer (P2P) marketplaces to collect, report and remit taxes, including...
Citadel Buys Situational Awareness Stocks After July AI Market Rout: Reports
Ken Griffin’s Citadel reportedly bought a large proportion of the public stock portfolio of Situational Awareness, the hedge fund founded...
Chinese newspaper warns of Bitcoin extortion scam using its name
China Business Journal says fraudsters impersonated the publication, demanding Bitcoin to suppress purported investigative reports about targeted companies. Source link
Tether signs tokenization deal with Nairobi Securities Exchange
The agreement covers tokenized securities, blockchain-based market infrastructure and the potential use of USDT as a settlement layer. Source link
Ondo Shifts From Layer-1 Blockchain to Offchain Execution Network
Cointelegraph is committed to providing independent, high-quality journalism across the crypto, blockchain, AI, and fintech industries.All news, reviews, and analyses...
BitMart to Wind Down Exchange as BMX Tanks
BitMart will wind down its cryptocurrency exchange, ending all trading services on Aug. 26 before ceasing operations entirely on Jan....
BitMart Faces Withdrawal Complaints Following Wind-Down Announcement
Withdrawals from crypto exchange BitMart appeared to slow after it announced plans to wind down its operations. On Monday, blockchain analytics...
Mirae Asset completes Korbit acquisition, becomes largest shareholder
Mirae Asset Consulting has become Korbit’s largest shareholder after completing its acquisition, with the exchange saying trading and customer asset...
Tether-backed Twenty One, Strike merger plan scrapped: Bloomberg
Strike will remain a standalone company after the proposed three-way merger was scrapped, while Twenty One Capital and Elektron continue...
