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IRS issues guidance for allowing crypto ETPs to stake digital assets
The Internal Revenue Service issued guidance to create a safe harbor for ETPs to stake digital assets on Monday. ...
PNC and Extend Team to Upgrade Commercial Cards
PNC Bank has launched a partnership with spend/expense management platform Extend. The collaboration, announced Monday (Nov. 10), is aimed at offering new payment capabilities to PNC’s co...
FTX Completes $7.1 Billion in Creditor Repayments
FTX’s road to recovery continues, and this time, with real numbers on the board. According to creditor representative Sunil, the collapsed crypto exchange has completed three major payout rounds, re...
FIS Introduces Asset Servicing Management Suite
FIS has introduced a tool aimed at improving asset servicing efficiency. The financial technology company says its Asset Servicing Management Suite, announced Monday (Nov. 10), combines fun...
Meta returns to open source AI with Omnilingual ASR models that can transcribe 1,600+ languages natively
Meta has just released a new multilingual automatic speech recognition (ASR) system supporting 1,600+ languages — dwarfing OpenAI’s open source Whisper model, which supports just 99. Is architectu...
Litecoin Marks 3 Million Blocks as Network Stability and Whale Growth Fuel Rally
In a landmark moment for one of crypto’s oldest networks, Litecoin has now processed over 3 million blocks without interruption, a rare feat in blockchain history. Since launching in 2011, the netw...
XRP jumps as 5 spot ETFs close in on debut: What changes when they actually launch?
XRP jumped roughly 12% in the past 24 hours to around $2.52 after the Depository Trust & Clearing Corporation (DTCC) added five spot XRP ETFs to its “active and pre-launch” list. These listings, v...
Coinbase Plans First US Crypto Token Sale Since 2018
Coinbase will host the first digital token sale in the United States in seven years. The company plans to introduce a platform where investors can buy digital tokens before they appear on i...
United Fintech Announces Acquisition of Trade Ledger
United Fintech, the digital transformation group for financial institutions, has acquired Trade Ledger, the tech firm behind an AI-enhanced solution that automates commercial and business lending. Tr...
At $2.1T market cap, what causes Bitcoin price to move up or down in 2025?
Behind every wild Bitcoin candle in 2025 is a quiet shift in collateral, basis, and ETF flows. Funding rates, margin haircuts, and spot ETF hedging now have as much impact on the price as any macroeco...
Newswire > Tag: digital
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