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Crypto wallet company Exodus buys Baanx and Monavate for $175 million

Cryptocurrency wallet company Exodus Movement (NYSE American: EXOD) is buying W3C Corp, the parent company of crypto cards and payments companies Baanx and Monavate for $175 million, in a deal including cash and funding from Galaxy Digital secured by Exodus’ Bitcoin holdings. Baanx and Monavate have worked on crypto cards and self-service Web3 payments with

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TON Rallies 8% as Telegram Ecosystem Grows with Launch of AI and Tokenized Stocks

TON, the native token of the Telegram-affiliated blockchain, surged 8.33% to $1.60 in the last 24 hours, thanks to a combination of ecosystem milestones and growing support. The move propelled TON past the $1.60 mark, thanks to rising volumes and resuming market momentum, while outperforming the broader crypto market. Based on the performance of the

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CME Crypto Futures Volume Hits Record 795,000 Contracts Amid Volatility

CME Group broke its single-day record for trading cryptocurrency futures and options, recording 794,903 contracts on November 21, the company said. This spike, which exceeds the previous record set in August, highlights an increase in demand for regulated crypto derivatives at a time of increased market volatility. The Chicago-based exchange saw activity across its crypto

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Celestia’s “Matcha” Upgrade Readiness Network for a Cross-Chain Future

The project behind the Celestia data availability blockchain on Monday rolled out what it calls its biggest software upgrade to date, dubbed Matcha. At its core, this update is designed to increase network capacity and improve token economics. Among the technical changes, it increases the maximum block size to 128 MB (from 8 MB) and

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HBAR gains 2.4% to $0.144 as Axelar integration drives cross-chain expansion

HBAR climbed 2.38% to $0.144 as trading volume jumped 59% above its weekly average, thanks to Axelar’s new integration that connects Hedera to over 60 blockchains. Despite the catalyst, the token continued to lag the broader market, underperforming the CD5 index by 1.64% as capital shifted to other digital assets. Intraday volatility remained high, with

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Franklin Templeton joins the XRP ETF race, calling it “fundamental” for global finance

Franklin Templeton launched its XRP exchange-traded fund (ETF), the Franklin XRP Trust (XRPZ), on NYSE Arca on Monday, providing investors with regulated access to the XRP token. The move places one of Wall Street’s oldest institutions in the growing field of XRP fund issuers, which already includes Bitwise, Grayscale and Canary Capital. The launch expands

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