The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services. Cross River said Monday it will provide the banking infrastructure for X Money, the financial services platform being integrated into X, enabling peer-to-peer payments, FDIC-insured interest-bearing accounts and Visa debit cards. The company...Continue Reading

The company added nearly 10,000 ETH over the past week, bringing its holdings to 5.79 million Ether, about 85% of which is staked through its validator operations. Bitmine Immersion Technologies said Monday it holds 5.79 million Ether, or about 4.8% of the cryptocurrency’s total supply, after purchasing nearly 10,000 ETH over the past week. Bitmine...Continue Reading

The registration expands Securitize’s regulated platform for tokenized assets, adding investment advisory services to its institutional offering. Securitize Capital, a subsidiary of tokenized asset platform Securitize, has registered with the US Securities and Exchange Commission (SEC) as an investment adviser, allowing the company to expand its regulated investment advisory business for institutional clients, Securitize said...Continue Reading

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 of crypto exchange Kraken, has agreed to acquire the wallet-as-a-service business of Magic Labs, expanding its enterprise infrastructure offering as demand for onchain financial services continues to grow. Payward said...Continue Reading

The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. Tether’s gold-backed token XAUt has received Shariah certification from Amanah Advisors, a move that could expand access to the token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold. The certification...Continue Reading

Bitcoin copied US stocks as relief over end of US-Iran strikes spread to risk assets at the start of the US trading session. Bitcoin (BTC) sought to build on local highs at Monday’s Wall Street open as US stocks opened in the green. Key points: Data from TradingView showed BTC/USD spiking to near $66,000 as...Continue Reading

Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state. Bitcoin (BTC) heads into the end of July juggling volatility catalysts as the Federal Reserve reacts to US inflation. Key points: Attention turns once more to the US Federal Reserve this...Continue Reading

IBM’s blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications. Circle will acquire IBM’s blockchain patent portfolio, the USDC (USDC) issuer said on Monday. No financial details for the transaction were disclosed in Circle’s announcement. CRCL stock price was up more than...Continue Reading

Binance’s Android app is unavailable on Google Play in some EU markets amid scrutiny over MiCA compliance. The Binance app has become unavailable on the Google Play Store in certain European Union countries amid questions over the exchange’s compliance with the bloc’s crypto licensing framework. A user in Spain confirmed to Cointelegraph on Monday that...Continue Reading

Hong Kong’s HashKey will unify its crypto exchange branches, with users from its Hong Kong, Global, Singapore and Middle East regions using the same platform. Hong Kong digital asset services business HashKey Holdings has merged its HashKey Exchange and HashKey Global exchanges into a single platform and application. Core jurisdictional hubs including Hong Kong, Singapore,...Continue Reading