Business

Coinbase joins the tokenized stock race with on-chain stocks and dividend payments

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Coinbase (COIN) has announced plans to list tokenized shares backed one-for-one by underlying U.S. stocks, joining the growing competition between crypto companies and traditional financial firms to list shares on blockchain networks. In an article on The announcement comes ahead of a product event scheduled for Tuesday at 3 p.m. ET, during which the company, […]

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Ripple invests in Flutterwave, bringing RLUSD and XRP Ledger to payments in Africa

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Ripple, the blockchain company closely associated with the XRP Ledger (XRP) network, has invested in African payments company Flutterwave as part of its Series E funding round, a deal focused on expanding the use of stablecoins for cross-border payments. Flutterwave said Tuesday that the funding round valued the company at $3.2 billion. The financial terms

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Binance Says Its European Regulatory Application Is Compliant Despite Greek Rejection Report

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Binance, the world’s largest cryptocurrency exchange, may not be able to serve its customers in Europe if its application for a regulatory license in Greece is rejected, as Reuters reported on Tuesday. Binance’s Crypto Asset Markets (MiCA) license application, which must be approved before the deadline at the end of this month, is set to

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This AI creates a business, manages it and settles payments in USDC

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Locus Founder settles payments in USDC, a dollar-pegged stablecoin, directly into a non-custodial wallet controlled by the agent, without a bank account or settlement days. The agent earns, holds and spends money in real time – and the infrastructure is designed so that humans can audit and control exactly what it does with that money.

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Mysterious Polymarket trader turned $4 million into $9 million after Spain’s shocking World Cup draw

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When the match ended 0-0, both paid. The portfolio bought back about $4.7 million on the Spanish market and $8.5 million on the spread, according to its public trading history, for a one-day profit of about $9 million. On the other hand, a trader using the name “betoor619” lost almost $1 million, according to Polymarket

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BlackRock launches Bitcoin income fund as investors seek cash flow from crypto

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The new fund offering comes as Bitcoin struggles to emerge from a bear market, trading around $67,000, down about 23% year to date. IBIT, which debuted in January 2024, has accumulated nearly $49 billion in assets, making it the largest spot Bitcoin ETF on the market. However, the fund has seen significant outflows since the

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BlackRock’s new Bitcoin ETF, BITA, allows institutions to profit from volatility. There is a catch: Crypto Daily

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In the case of BITA, if Bitcoin rebounds, the ETF benefits from its IBIT holdings, but gains are capped by call payments. If BTC remains stable or declines, the call premium offsets some of the decline. In effect, investors are giving up potential gains for a steadier income stream. “By deploying a covered call strategy

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Glassnode data shows aggressive bitcoin buying between $59,000 and $67,000

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Bitcoin BTC$66,558.53 The fall below $60,000 earlier this month prompted investors to jump into the largest cryptocurrency, with nearly 260,000 BTC purchased over 10 days and a measure of demand rising to its highest possible level. Investors have purchased a net 259,298 BTC since June 5, paying between $59,000 and $67,000, according to data from

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