Uber Tests Tokenized Money Funds to Unlock 24/7 Trading Yield
The ride-sharing giant used a tokenized money market fund to earn 1.5 days more yield on its investment by selling the assets on Sunday rather than Friday, as institutions traditionally…
Tether Backs Fintech Peso to Push USDT Retail Payments Across Bolivia
The company said its undisclosed investment in fintech firm Peso will expand its local ramps in four key Latin American markets—Bolivia, Brazil, Colombia, and Argentina—and accelerate the launch of point-of-sale…
Bitcoin Beats Equities, Real Estate Among Wealthy Investors: Survey
Another survey of investors with deep pockets signals strong interest in digital assets, especially bitcoin, as these assets were the most common pick for the best long-term performer among wealthy…
People More Interested in Buying Bitcoin Than Investing in AI: Google Data
As a prominent crypto asset analyst shared a graph showing that people are googling “AI” far more than “Bitcoin,” he missed a much bigger story. Data shows that interest in…
Crypto.com Secures $400M Investment From Citadel Securities at $20B Valuation
Bitcoin Magazine Crypto.com Secures $400M Investment From Citadel Securities at $20B Valuation Global market maker Citadel Securities has invested $400 million in crypto exchange Crypto.com, giving the platform a $20…
Buffett Lumps Prediction Markets With Sports Betting in ‘Tax on Stupidity’ Rebuke
Warren Buffett used his first sit-down interview since stepping down as Berkshire Hathaway CEO to bundle prediction markets, legalized sports betting, and day trading into a single critique, calling state-sponsored…
Deutsche Börse Takes $200 Million Stake in Kraken, Deepening Crypto Push
Bitcoin Magazine Deutsche Börse Takes $200 Million Stake in Kraken, Deepening Crypto Push Deutsche Börse said Tuesday it has acquired a $200 million stake in U.S.-based cryptocurrency exchange Kraken, expanding…
Mastercard Eyes Bitcoin and Crypto Infrastructure Firm Zerohash Investment After Acquisition Talks Fall Through
Bitcoin Magazine Mastercard Eyes Bitcoin and Crypto Infrastructure Firm Zerohash Investment After Acquisition Talks Fall Through Mastercard is reportedly considering a strategic investment in blockchain infrastructure firm Zerohash after the…
Retail Shifts to Silver: Purchase Lines Observed in Singapore
Bullionstar, a Singapore-based gold and silver dealer, has experienced a rise in the normal demand for silver, as prices accelerated this week. The company stated this is part of a…
CZ-Backed YZi Labs Teases Opening $10B War Chest to Outside Backers: FT
In a recent Financial Times (FT) report published by Nikou Asgari, the Changpeng “CZ” Zhao-backed global investment firm, YZi Labs, says it may open its $10 billion portfolio to outside…