A $3.9 billion switch transferring 43,033 BTC was recorded on-chain and flagged by Whale Alert, with the receiving cluster matching labels utilized by intelligence dashboards for Twenty One, often called XXI. The timing aligns with the firm’s said plan to relocate greater than 43,500 Bitcoin from escrow into its personal custody earlier than it begins…
Intercontinental Exchange (ICE) invested $2 billion into Polymarket at a $9 billion post-money valuation, CEO Shayne Coplan introduced on Oct. 7. The deal represents essentially the most vital single funding in prediction markets and positions the sector as crypto’s rising battleground as institutional capital seeks on-chain infrastructure with real-world utility. ICE is the proprietor of…
Swift has chosen Consensys-developed Linea to pilot its transition from conventional interbank messaging to blockchain-based communications, in accordance with a Sept. 26 report by The Big Whale. A supply aware of the matter stated the worldwide banking consortium chosen the Ethereum layer-2 community after months of negotiations to check how interbank on-chain messaging can change…
SoftBank 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,…
Tether is pursuing talks with buyers to increase between $15 billion and $20 billion for roughly 3% of its fairness by a non-public placement, Bloomberg News reported on Sept. 23. The deal may place the crypto agency among the many world’s most useful non-public corporations, with a valuation of round $500 billion. This would place…
Y Combinator announced plans to fund Web3 startups by means of a brand new “Fintech 3.0” initiative created in collaboration with Base and Coinbase Ventures on Sept. 23. The accelerator targets firms constructing monetary methods on blockchain infrastructure, citing regulatory readability and infrastructure maturity as key components enabling this sector’s development. The announcement, released simultaneously…
Elon Musk’s synthetic intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources instructed the information outlet that the funding proceeds will primarily assist information middle development, stuffed with Nvidia and AMD graphics processing items required for next-generation AI improvement. The firm is at present…
Elon Musk’s synthetic intelligence startup xAI is pursuing $10 billion in funding at a $200 billion valuation, CNBC reported on Sept. 19. Sources informed the information outlet that the funding proceeds will primarily help knowledge middle development, full of Nvidia and AMD graphics processing models required for next-generation AI growth. The firm is presently constructing…
Polygon Labs introduced Sept. 12 that it’s partnering with Dubai-based Cypher Capital to increase institutional access to POL, the native asset powering the Polygon blockchain, throughout the Middle East. The initiative marks the first in a sequence of efforts to convey skilled traders into direct engagement with Polygon’s infrastructure. POL can be positioned as an…
Prediction market Polymarket is pursuing new funding that could enhance its valuation to $10 billion, as Business Insider reported on Sept. 12. Two folks with data of the matter mentioned the valuation discussions characterize at the least a threefold improve from the $1 billion Polymarket achieved in a funding round that closed this summer season….