Fireblocks Denies Reports of $2.5 Billion Acquisition Talks with Visa
Crypto custody firm rejects claims of late-stage negotiations as payment networks intensify efforts in digital assets and stablecoins
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Latest updates, press releases, and insights from the volatile world of digital assets.
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Visa Teams With Mesh to Enable Crypto and Stablecoin Spending at 175 Million Merchants
Visa and Mesh have partnered to allow users to spend cryptocurrency and stablecoin balances directly from digital wallets at merchants worldwide without transferring funds to a bank account or loading a separate card
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Visa Moves USDC Prefunding for Cross-Border Payouts into Commercial Production
Visa Direct now lets eligible firms fund international transfers with USDC around the clock through Inyo Global, the first processor to take the service live
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Coinbase and Marqeta Expand Partnership for Stablecoin-Backed Business Cards
The companies will enable enterprise customers to issue payment cards funded by stablecoin balances, with 24/7 funding and global merchant acceptance
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Pump.fun Launches Bitcoin and Ethereum Perpetual Futures with Hyperliquid
The Solana-based platform adds leveraged crypto contracts up to 40x on Bitcoin, routing trades through Hyperliquid while restricting U.S. and Ontario users
- News
Binance US Seeks $100 Million at $1 Billion Valuation to Rebuild US Operations
Binance US is reportedly pursuing a private funding round of up to $100 million at a valuation of about $1 billion, a steep reduction from its $4.5 billion pre-money valuation in 2022. The capital aims to expand U.S. services, including broader state coverage, derivatives and prediction markets, amid heightened competition and post-regulatory recovery efforts
- News
AI Agents Execute Over 138 Million Crypto Micro-Payments on Coinbase Protocol
Chainalysis data shows rapid growth in automated on-chain spending by software agents, with U.S. wallets leading purchases of AI model access while most transactions remain fractions of a cent
- News
Ripple Partners With DriveWealth to Enable RLUSD Settlement and Faster Cross-Border Funding
DriveWealth will integrate Ripple’s RLUSD stablecoin and payments tools for its network of more than 100 global partners, starting with European settlement before a planned U.S. expansion
- News
Bitcoin Miners Face Uneven AI Financing Costs as Lenders Tighten Terms
Publicly traded Bitcoin miners expanding into artificial intelligence infrastructure confront divergent borrowing rates and a multi-billion-dollar capital shortfall as major lenders demand clearer customer contracts and project completion paths
- News
Sam Altman-Backed Bitcoin Life Insurer Meanwhile Secures $37.5 Million to Fuel Global Expansion
The Bermuda-based firm, which offers policies denominated in bitcoin, has raised its total capital past $180 million amid rising demand from wealthy families abroad
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