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MoneyGram Launches MGUSD Stablecoin on Stellar for Global Payments

MoneyGram Launches MGUSD Stablecoin on Stellar for Global Payments

MoneyGram has launched the MGUSD stablecoin on Stellar, aiming to expand its global payments network with faster blockchain-based transfers.
Canaan Inc. Reports $88.7M Q1 Loss as Bitcoin Mining Pressures Persist

Canaan Inc. Reports $88.7M Q1 Loss as Bitcoin Mining Pressures Persist

Canaan Inc. posted an $88.7 million Q1 loss, putting focus on mining economics, operating pressure, and what the result means…
Report: Tether and Gnosis Co-Led $4.4M Seed Round for Sorted Wallet

Report: Tether and Gnosis Co-Led $4.4M Seed Round for Sorted Wallet

A reported $4.4 million seed round for Sorted Wallet names Tether and Gnosis as co-leads. Here is what the claim…
Bitcoin Depot Files for Chapter 11, Plans Gradual Shutdown

Bitcoin Depot Files for Chapter 11, Plans Gradual Shutdown

Bitcoin Depot has reportedly filed for Chapter 11 bankruptcy and outlined a gradual shutdown. Here’s what the filing, timeline and…
Report: Italy’s Largest Bank Added Bitcoin, Ether and XRP Exposure in Q1

Report: Italy’s Largest Bank Added Bitcoin, Ether and XRP Exposure in Q1

A report says Italy's largest bank added Bitcoin, Ether and XRP exposure in Q1. Here's how to frame the move,…
Exodus Q1 Loss Widens as Revenue Falls 37%

Exodus Q1 Loss Widens as Revenue Falls 37%

Exodus reported a wider first-quarter loss as revenue fell 37%. Here is the key earnings angle, what drove the decline,…
Bullish to Acquire Equiniti in $4.2 Billion Deal

Bullish to Acquire Equiniti in $4.2 Billion Deal

Bullish is set to acquire transfer agent Equiniti in a $4.2 billion deal, signaling a major expansion beyond crypto trading…
Coinbase Announces Staff Layoffs to Cut Costs

Coinbase Announces Staff Layoffs to Cut Costs

Coinbase announced staff layoffs as part of a cost-cutting move. Here’s the core update, why the decision matters, and what…
Rain joins Mastercard as principal member

Rain joins Mastercard as principal member

Stablecoin startup Rain joins Mastercard as a principal member, a move that could widen card issuance, global payment reach, and…
CoinShares Reports $7.4 Billion in Assets Under Management

CoinShares Reports $7.4 Billion in Assets Under Management

CoinShares says assets under management reached $7.4 billion. Here is what the figure means for the firm, crypto investment products,…