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SoftBank and Ark Invest reportedly join Tether’s $20 billion funding round
ByRicardoSoftBank and Ark Invest have entered early discussions to take part in Tether’s largest exterior capital elevate, in line with a Sept. 26 Bloomberg News report. The stablecoin issuer seeks between $15 billion and $20 billion in trade for roughly 3% fairness by means of a non-public placement. The fundraising might worth Tether at $500 billion,…
Pumpfun launches initiative to become Solana’s ‘hub for successful projects.’ boosts creator earnings 10x
ByRicardoPump.fun unveiled Project Ascend on Sept. 2, introducing a tiered price construction designed to enhance creator earnings by 10 instances whereas making memecoins extra sustainable for long-term development. The initiative comes because the platform regained market dominance from competitor Bonkfun, in accordance to Blockworks data. The centerpiece of Project Ascend is Dynamic Fees V1, a…
Can Trump Fire Fed Chair Jerome Powell—And What Does That Mean For Crypto?
ByRicardoCrypto traders are eyeing rate cuts this year amid a growing standoff between President Trump and Fed Chair Jerome Powell.
Terraform Labs co-founder Do Kwon set to plead guilty on August 12 in $40B fraud case
ByRicardoTerraform Labs co-founder Do Kwon will plead guilty on Aug. 12 at 10:30 am ET in federal court. As Inner City Press reported, Judge Paul Engelmayer filed a docket order on August 11. The guilty plea represents a shift from Kwon’s previous trial defense strategy in the high-profile crypto fraud case. The change comes months…
Mark Cuban Cleared As Court Dismisses Voyager Digital Investor Lawsuit
ByRicardoA US federal choose has tossed a class-action lawsuit introduced by former Voyager Digital prospects in opposition to billionaire Mark Cuban and the Dallas Mavericks, ruling the court docket didn’t have the facility to listen to the case. The order, entered on the finish of December, dismissed the go well with in its entirety after…
From Swipe to Zap: Why Square’s 4M Shops Just Got A 0% Bitcoin Button
ByRicardoBlock has switched on Bitcoin funds throughout its Square service provider community, giving roughly 4 million sellers the flexibility to settle for Lightning Network funds on the level of sale. The service provider selects Bitcoin at checkout, Square generates a Lightning bill QR code, the client pays with Cash App or any Lightning-enabled pockets, and…
