Jump likely shuttered development arm, not trading — 1000x co-host
Jonah Van Bourg expects Jump’s quantitative crypto trading business is continuing to operate as before. Go to Source
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Bitstamp helps Stripe scale crypto purchases in the EU
Bitstamp entered a partnership to support Stripe’s crypto on-ramp solution in Europe a few months after Robinhood announced Bitstamp’s acquisition for $200 million. Go to Source
Paypal Launches Global Hackathon With 40,000 PYUSD in Prizes
Paypal, a leading payment platform, has announced a global hackathon for its stablecoin PYUSD, offering 40,000 PYUSD in prizes. This initiative follows the launch of the Paypal stablecoin on Solana. Running from Aug. 12 to Sept. 16, the hackathon aims to foster innovation and the adoption of PYUSD on Solana. Paypal Announces Global PYUSD Hackathon … Read more
Tether reports record-breaking $5.2B profit in first half of 2024
Tether said its US Treasury reserve surpasses the size of all but 17 of the world’s governments. Go to Source
Blackbird Labs launches Web3 platform for restaurant payments
Blackbird Pay is built on the company’s new blockchain network, Blackbird Flynet. Go to Source
Cross-border Bitcoin payments a top priority for Marathon Digital — Bitcoin 2024
The Bitcoin miner is seeking partners to build Bitcoin payment apps, a company executive said. Go to Source
Exclusive: Franklin Templeton mulls bringing RWAs to Ethereum, user-managed wallets
The asset manager is considering expanding tokenized securities to Ethereum mainnet and other EVMs, its digital assets head told Cointelegraph. Go to Source
VanEck says Bitcoin could hit $2.9 million per coin by 2050
Bitcoin Layer-2s could be collectively worth around $7.6 trillion, the report added. Go to Source
Fireblocks launches Web3 startup toolkit amid a surge in new ventures
The number of startups using the Web3 platform has already increased by some 50%, according to Fireblocks. Go to Source
Cross-Border Digital Ruble Payments May Become a Reality in 2026
Generalized international settlements using the Russian digital ruble will not be available until 2026, according to statements from Anatoly Aksakov, Chairman of the State Duma Committee on the Financial Market. Aksakov stated that in 2025, authorities plan to expand the current pilot stage to implement these transactions within Russia. Subsequently, they will generalize and test … Read more
