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Stripe Confirms Bridge Acquisition to Build Stablecoin Infrastructure
Stripe plans to acquire stablecoin payments platform Bridge. Stripe CEO Patrick Collison and Bridge CEO Zach Abrams announced the plan in separate Monday (Oct. 21) posts on social platform X. Subject ...
Stripe acquires stablecoin platform Bridge for $1.1 billion
Payments giant Stripe has acquired stablecoin platform Bridge for a total amount of $1.1 billion, more than 5x its $200 million valuation, according to an Oct. 21 annnouncement. The acquisition is par...
The API Effect: Creating a Real-Time Reality for Finance Teams
Nothing slows down the free flow of commerce and payments more so than manual intervention. And with the news Sunday (Oct. 20) that Bank of America now allows companies to lock in foreign exchange (...
BIS: Tokenization May Create New Risks for Central Banks
While there are potential benefits to the tokenization of money, there are also costs and risks that need to be considered, the Bank for International Settlements (BIS) said Monday (Oct. 21). These ri...
18 State Attorneys General Write Joint Letter To Release Binance Executive From Nigerian Prison
A bipartisan group of 18 US state attorneys general is asking President Joe Biden and Secretary of State Anthony Blinken...
$2,200,000,000 Hits Institutional Crypto Products in One Week As Optimism About Election Grows: CoinShares
Digital assets manager CoinShares says that institutional crypto investors dropped billions of dollars into crypto products last week. In its latest Digital Asset Fund Flows report, CoinShares says t...
Analyst Benjamin Cowen Issues Bitcoin Warning As BTC Dips To Start the Week – Here’s His End-of-Year Outlook
A widely followed crypto analyst is issuing a Bitcoin warning after BTC‘s failed breakout and dip to the $66,000 range early Monday. In a new video update, crypto strategist Benjamin Cowen tells his...
Public Records Show Cops Are Obscuring Their Use Of Facial Recognition Tech In Criminal Cases
What an absolute shocker. What a completely unexpected turn of events. Oh how will we, as Americans, process this latest in a never-ending string of abuses of trust by law enforcement. What a time to ...
Mastercard Introduces New Commercial Cross-Border Payment Solution for Banks
Mastercard introduced a new solution that will enable banks to facilitate commercial cross-border payments that are near real-time, predictable and transparent. The new Mastercard Move Commercial Paym...
Bittensor (TAO) at Risk of Sharp 62% Decline if This Key Level Fails to Hold
The price of the leading artificial intelligence-related token Bittensor (TAO) has trended within an ascending channel since early September. Trading at $575 as of this writing, the altcoin has since ...
Newswire > Tag: money
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