Sygnum Bank Reaches Unicorn Status with a $58 Million Investment
TL;DR Sygnum Bank has raised $58 million, reaching a valuation of over $1 billion. The funds will be used to expand its product portfolio, focusing...
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Binance Faces Legal Setback as Supreme Court Rejects Petition for Review
TL;DR The US Supreme Court has declined to hear Binance’s appeal regarding a class-action lawsuit alleging the illegal sale of unregistered tokens, allowing the lawsuit...
Chainalysis Acquires AI Startup Alterya for Over $150 Million to Improve Security in the Financial and Crypto Sectors
TL;DR Chainalysis has acquired Alterya, a startup specializing in fraud detection using artificial intelligence, for $150 million. Alterya uses autonomous agents to identify fraud in...
Tether Explores Artificial Intelligence in Filmmaking
TL;DR Tether ventures into artificial intelligence applied to filmmaking as part of its strategic expansion. The company has hired 30 AI experts and plans to...
a16z Announces Applications for Its Crypto Startup Accelerator Spring 2025
TL;DR a16z will offer up to $500,000 in funding, personalized mentorship, and expert connections to selected crypto startups in its exclusive program. The three-month program,...
Stablecoin Issuers Command 40% of December’s On-Chain Revenue
TL;DR Stablecoin issuers accounted for over 40% of on-chain revenue in December 2024, generating more than $664 million out of the $1.5 billion total. Tether...
X Money: Elon Musk’s New Payment System Could Revolutionize Digital Finance
TL;DR Code leaks suggest that X Money could be activated at any moment, but it will initially be available in only 39 U.S. states. It...
Binance Celebrates 250 Million Users and New Trading Options
TL;DR Binance surpasses 250 million users, marking a major step towards its goal of onboarding 1 billion users. The platform recorded $22.6 billion in user...
Singularity Finance and Crymbo Revolutionize Compliance in Tokenized AI Economies
TL;DR Singularity Finance and Crymbo join forces to ensure regulatory compliance for tokenized assets through an innovative decentralized oracle solution. The system ensures absolute privacy...
Montenegro Greenlights Extradition of Do Kwon to the United States
TL;DR Montenegro’s Minister of Justice has approved the extradition of Do Kwon, co-founder of Terraform Labs, to the U.S., ending a prolonged legal dispute. The...