14 hours ago
Core Scientific Transforms into AI Infrastructure Amid Debt Concerns
Core Scientific pivots from Bitcoin mining to AI infrastructure with a $24B potential while facing significant debt challenges.
Tag: Finance
22 hours ago
Ripple Secures $275 Million for Prime Brokerage Expansion
Ripple has raised $275 million to support its prime brokerage unit's expansion in the U.S. funding key financial services.
5 days ago
Ethereum Advocate Warns Wall Street’s Private Blockchain Trend is a ‘Race to the Bottom’
Etherealize CEO Vivek Raman critiques Wall Street's focus on private blockchains, urging transparency for better interoperability in finance.
6 days ago
Citigroup CEO Advocates for CLARITY Act While Cautioning on Stablecoin Rewards
Citigroup's CEO voices support for the CLARITY Act, urging changes to stablecoin reward rules to protect banks and lending capabilities.
7 days ago
Neutrl Suspends NUSD Redemptions Amid Reserve Assessments
Neutrl has temporarily halted NUSD redemptions as it investigates reserve issues affecting $53.7 million in circulation.
1 week ago
Bitcoin Price Dips to $63K Amid CPI Report Reaction
Bitcoin's price slid to $63K following the CPI report, failing to sustain gains above $64.5K. Market sentiment remains cautious amid mixed inflation data.
1 week ago
Goldman Sachs Acquires NEOS Investments in $2.25 Billion Deal
Goldman Sachs announces acquisition of NEOS Investments for up to $2.25 billion, strengthening its ETF platform with new options-based income products.
2 weeks ago
Bitwise’s Matt Hougan Predicts Trillions Will Flow into Bitcoin
Bitwise's Matt Hougan forecasts that institutional investments could drive Bitcoin's price to $1.5 million as it becomes a mainstream asset.
2 weeks ago
The CLARITY Act: A Vital Step for Digital Asset Regulation
The CLARITY Act emerges as a crucial framework for the regulation of digital assets in the U.S., as traditional finance converges with blockchain technology.
2 weeks ago
Ondo Finance Welcomes Former Blockchain.com CFO as New Finance Chief
Ondo Finance appoints Adam Schlisman, former CFO of Blockchain.com, as its new finance chief to bolster institutional growth.