Category: crypto

Coinbase has expanded its derivatives offerings to include 24/7 trading for XRP and Solana futures. This move is part of the platform’s overall expansion in the derivatives market, allowing users to trade these assets around the clock.

Donut, a new crypto-native browser for autonomous agents, raised $7 million in pre-seed funding to transform how users and AI interact with the decentralized web. Integrating crypto wallets, networks, and DEXs, Donut allows instant asset swapping, betting, and yield earning. The company aims to become the primary browsing layer for crypto-native AI agents.

Elon Musk denied signing an agreement with Telegram to distribute the Grok large language model, despite Pavel Duvov’s announcement. They had agreed in principle but formalities were pending. The deal would provide Telegram with $300 million in cash and equity. Musk also confirmed his exit from the US Department of Government Efficiency.

Top Win International Limited, now trading as SORA on Nasdaq, made strategic investments in HK Asia Holdings and Metaplanet to expand into Asia’s digital assets market. These firms have seen significant growth through the Bitcoin Treasury Model. Top Win plans to make similar investments in other Asian countries and is rebranding as AsiaStrategy.

A Bloomberg analyst predicts that Meta will lead the way in integrating Bitcoin into corporate operations. They believe that Meta’s adoption of Bitcoin will set a trend for other companies to follow in the future.

Webus International plans to raise $300 million through non-equity financing to create an XRP reserve for global chauffeur services payments. They will use existing cash, loans, and credit lines. The reserve is part of three initiatives, including blockchain infrastructure development and overseas expansion. The company will partner with Tongcheng Travel Holdings and focus on borderless…

Bitcoin reached a new all-time high (ATH) without any new supply being added. This has led buyers to pursue dormant coins in order to acquire more of the cryptocurrency.

The US SEC requested to dismiss its civil complaint against Binance and CZ. The case was paused for 60 days to review SEC crypto task force impact. Binance cooperated with SEC order for transparency. Binance called the dismissal a win. Future enforcement would require a new complaint. The SEC had accused Binance of being an…

Paris Saint-Germain announced on May 29 that they hold Bitcoin on their balance sheet and plan to expand PSG Labs to support companies building on the network. The club also supports various crypto initiatives and aims to differentiate sponsorship income through strategic investments in the technology. PSG aims to reach global markets through their brand…

Banco Santander is considering creating a fiat-backed stablecoin and expanding its crypto services to retail clients, in line with other major global banks. This move reflects a broader trend among European banks to engage with regulated crypto services. EU regulators are divided on the risks and benefits of stablecoins, with Santander’s actions potentially influencing the…