Key Takeaways Tether appointed Bo Hines, former White House Crypto Council head, as Strategic Advisor for US strategy. Bo Hines will lead Tether’s US market expansion and engagement with policymakers and industry stakeholders. Share this article Tether, the company behind the largest stablecoin by market capitalization, USDT, has tapped Bo Hines, the former Executive Director of the White House Crypto Council, as its new Strategic Advisor for Digital Assets and US Strategy, according to a Tuesday press release.Hines will directly engage and coordinate Tether’s US strategy and expansion as part of the Group’s core team. During his tenure at the…
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UAE investment news and Reuters coverage sparked a rapid Morphware (XMW) rally. Low liquidity and profit-taking fueled a sharp price reversal. Contract risks and cautious sentiment have kept volatility high. The price of the Morphware (XMW) token jumped 450% earlier today, reaching a high of $0.2501 according to Coingecko, before erasing all the gains to trade at $0.04353 at the time of writing. The sudden pump-and-dump unfolded within hours, leaving traders scrambling for answers. Here’s a closer look at what triggered the move, why it collapsed, and what comes next for XMW holders. What caused the surge? The rally was…
Roughly one in three adults in the U.S. regularly gets insufficient sleep, driving demand for tools that can monitor, analyze, and enhance rest. Eight Sleep, founded in 2014, offers AI-powered sleep tech products that promise to transform your bed into a preventive health device. The New York-based startup announced Tuesday that it raised a fresh $100 million round from investors such as HSG, Valor Equity Partners, Founders Fund, Y Combinator and athletes including Ferrari F1 driver Charles Leclerc, and Zak Brown, who is the CEO of McLaren F1. With this round, Eight Sleep has raised roughly $260 million total, Pitchbook…
Key Takeaways Royal Bank of Canada increased its stake in Strategy Inc. (MSTR) by nearly 16% in Q2 2025. Bitcoin reached a high of $111,980 during the quarter, reflecting over 30% quarterly growth. Share this article Royal Bank of Canada (RBC) has boosted its bet on Bitcoin treasury company Strategy Inc. (MSTR).According to a new filing with the SEC, Canada’s largest bank by market capitalization held 188,657 MSTR shares worth over $76 million during the second quarter, up about 16% from the 162,909 shares it held at the end of the first quarter.Strategy’s stock ended Q2 2025 at approximately $404…
Caroline Bishop Aug 19, 2025 07:05 Git 2.51 introduces significant updates including cruft-free multi-pack indexes, smaller packs with path walk, and a stash interchange format, enhancing repository performance and flexibility. Git, the widely-used version control system, has released its latest update, Git 2.51, offering a suite of new features aimed at enhancing performance and flexibility, according to GitHub. This release includes significant updates such as cruft-free multi-pack indexes, smaller packs with path walk, and a new stash interchange format. Cruft-free Multi-pack Indexes The new version introduces a refined approach to multi-pack indexes (MIDXs),…
OpenAI today launched a new, cheaper ChatGPT paid subscription plan in India called ChatGPT GO, priced at ₹399 per month ($4.60), which is more affordable than the ₹1,999 (about $23) per month Plus Plan. The company had turned on local currency pricing for all its plans a few days ago, and with this launch, it will also allow users to pay through UPI (Unified Payment Interface), India’s payment framework. Nick Turley, VP at OpenAI and head of ChatGPT, said that this plan will increase the message, image generation, and file uploads by 10 times over the free tier. The ChatGPT…
Key Takeaways Figure Technology Solutions filed for an IPO, reporting significant revenue growth and profitability in the first half of 2024. The company provides blockchain-based credit products and plans to list on Nasdaq under the ticker FIGR. Share this article Figure Technology Solutions, a New York-based fintech that uses blockchain to modernize lending and capital markets, has lodged a registration statement on Form S-1 with the SEC for a proposed initial public offering of its common stock.The move comes after Figure’s confidential IPO filing earlier in August and places it among crypto-linked companies seeking to tap the public equity markets.According…
Terrill Dicki Aug 19, 2025 03:22 Exploring blockchain’s potential as core infrastructure in traditional finance, while examining key industry movements from Circle and Stripe in payment systems. Blockchain as Essential Infrastructure for TradFi In an evolving financial landscape, the integration of blockchain technology into traditional finance (TradFi) is increasingly seen as essential, according to a report by a16z crypto. As blockchain technology matures, its role in enhancing transparency, security, and efficiency in financial operations is becoming undeniable. Financial institutions are gradually recognizing blockchain’s potential to revolutionize their infrastructure. Key Industry Players: Circle and…
Bitcoin’s momentum has slowed after hitting a new all-time high of over $124,000 last week. The cryptocurrency was then lower, and its prices slipped nearly 10% from its peak. At the time of writing, BTC has traded around $115,424, reflecting a 2.5% decline in the last 24 hours. This retracement focuses attention on the activities and investors’ behavior on the chain, particularly among long-term holders (LTHS). Crypto analysts monitor realised profit and loss indicators to measure whether the current cycle is nearing its peak or whether there is a higher potential remaining. The data released by analysts shed light on…
Key Takeaways Chamath Palihapitiya’s American Exceptionalism Acquisition Corp. is raising $250M to invest in DeFi, AI, defense, and energy production. The SPAC highlights Palihapitiya’s track record in clean energy, AI hardware, early crypto investment, and defense tech. Share this article Chamath Palihapitiya is returning to the SPAC market with a new vehicle focused on decentralized finance and other high-growth sectors.According to a filing with the SEC, American Exceptionalism Acquisition Corp. A is seeking to raise $250 million in its initial public offering, selling 25 million Class A shares at $10 each. The Cayman Islands-incorporated company intends to list on the…