adminBakkt pivots into stablecoin infrastructure as revenue tumbles 77% in Q1
In recent developments, bakkt posted a net loss of $0.41 per share in Q1 as revenue fell 77% to $243.6 million on lower crypto trading volumes. The development has drawn…
Evernorth Says XRP’s Real Story Is Institutional Plumbing
In recent developments, evernorth says XRP’s institutional case rests on infrastructure built for regulated capital, not price charts or ETF demand. The firm pointed to XRPL upgrades involving compliance controls,…
Coinbase Says Outage ‘Unacceptable’ as CEO Weighs Speed-Resilience Tradeoffs
In recent developments, coinbase is reviewing its exchange infrastructure after an AWS data center cooling failure knocked several trading services offline, blocked some account access, and delayed customer balance displays.…
Nigerian Fintech Paga Expands Into Tokenized Bonds and Real Estate Through Su…
In recent developments, nigerian fintech pioneer Paga has partnered with the Sui blockchain to integrate cryptocurrency infrastructure into its platform. A Roadmap for Digital Finance Nigerian fintech pioneer Paga has…
Panther Protocol deploys privacy infrastructure on Polygon
In recent developments, after years of research, engineering, and community collaboration, Panther Protocol Foundation announced that Panther Protocol is now live on Polygon. Looking closer, market participants highlight key drivers…
Why stablecoins and SWIFT may have to coexist
In recent developments, remittance firms are using crypto to bypass parts of traditional settlement infrastructure, but this does not mean SWIFT is disappearing. Looking closer, market participants highlight key drivers…
MoonPay buys DFlow to expand into Solana trading infrastructure
In recent developments, the deal adds a Solana-based trading infrastructure platform that has processed more than $50 billion in volume and aggregates liquidity across multiple venues. Looking closer, market participants…
Tennessee Bankers Association names Stablecore as preferred digital asset pro…
In recent developments, regional lenders gain access to infrastructure for stablecoins, tokenized deposits and crypto-backed lending without building systems in-house, signaling wider bank adoption. Looking closer, market participants highlight key…
K Wave Media abandons Bitcoin treasury push for AI infrastructure
In recent developments, k Wave Media is redirecting up to $485 million from a Bitcoin treasury strategy into AI infrastructure, alongside debt reduction and restructuring, per a Form 6-K filing.…
Hong Kong Signals Web3 Push as $2B Tokenized Bonds Boost Efficiency
In recent developments, hong Kong is embedding digital assets deeper into mainstream finance, with tokenization and stablecoins gaining stronger regulatory backing as market infrastructure. The push signals a broader effort…