AVAX One CEO says $35.1M quarterly loss masks growth in its staking and treasury business
AVAX One interim CEO Pete Wylie has said $33 million in non-cash charges accounted for most of the company’s $35.1 million second-quarter loss as staking...
Tag : business
Goldman Sachs' $2.25B NEOS Deal Hands It Ready-Made Bitcoin Income ETF Business
In brief Goldman Sachs agreed to acquire NEOS Investments in a deal worth up to $2.25 billion, adding about $30 billion in options-based income ETFs—including...
Crypto Biz: Crypto’s biggest business is starting to look a lot like banking
At first glance, this week’s biggest business stories could have come straight from Wall Street. BlackRock launched tokenized money market funds for stablecoin reserves. Tether...
Kraken parent Payward acquires Magic Labs’ wallet business
The deal brings wallet technology to Payward’s enterprise platform, potentially reducing the number of infrastructure providers businesses need to integrate with. Payward, the parent company...
Clarity Act Stalls on Ethics Rules Curbing Trump’s Business Interests
President Trump was expected to sit down with U.S. senators Thursday afternoon at the White House to try to resolve the ethics provision blocking the...
Business use of stablecoins set for growth surge: Cybrid report
Business use of stablecoins is poised to surge in the next 12 months as adoption of the digital currency goes mainstream, according to a new...
CFTC investigates Polymarket over business and social media practices
CFTC has opened a wide ranging investigation into Polymarket’s business activities, including its social media operations, according to new reports. Summary The CFTC has opened...
The CLARITY Act’s real obstacle is not crypto. It is Trump’s crypto business
The CLARITY Act has the votes and the momentum to become law, having cleared the House and a key Senate committee. It is stuck anyway....
Bitcoin sales are necessary for Strategy's digital credit business, Saylor says
Michael Saylor, executive chairman of Strategy, defended the company’s recent Bitcoin sale, saying the ability to sell the asset is necessary to continue issuing “digital...
Trump’s Business Partner Teases Future Meme Coin Plans: 'We’re The Biggest Brand on Earth'
In brief Top holders of the Trump meme coin will get perks through a new “Trump Coin Club,” starting with a World Cup finals VIP...