Saturday, October 10

Business

Strategy Skips Bitcoin Buy to Repurchase 6M STRC

Michael Saylor’s Strategy, the largest corporate Bitcoin treasury, skipped its weekly Bitcoin acquisition to repurchase $176 million of its preferred STRC stock.Strategy repurchased 1.8 million STRC shares for an aggregate $176.3 million between Aug. 31 and Sept. 7, according to…

Robinhood Takes Stakes in Crypto.com, OG.com

Robinhood has taken equity stakes in Crypto.com and its newly spun-off prediction market platform OG.com as part of a multi-year deal to use OG.com’s regulated infrastructure for event contracts.Under the agreement, Robinhood will route retail event contracts through OG.com’s Commodity…

Visa Expands Stablecoin Strategy with Blockchain Lending

Payment giant Visa is connecting its settlement network with onchain lending, giving stablecoin-linked card programs another way to access working capital, potentially expanding the role of onchain lending from crypto markets into payment settlement.The company announced Tuesday that settlement data…

Bitmine Buys 28k ETH, Completes 97% of Treasury Accumulation Goal

Bitmine Immersion Technologies, the largest corporate Ether holder, announced another purchase of the second-biggest crypto, bringing the company closer to management’s goal of accumulating 5% of the total supply.Bitmine acquired 28,086 Ether (ETH) last week, according to a Tuesday announcement,…

Is Bitcoin Too Volatile To Risk Your Retirement On?

You stack sats. You farm yield, and you’d rather sell your car than part with your BTC. But does that mean you should bank your golden years on Bitcoin?Many retirement industry professional such as MIT finance professor Jonathan Parker say…

Circle Targets Global Payments Growth With Tazapay Acquisition

Circle has agreed to acquire Singapore-based cross-border payments platform Tazapay in a deal expected to close in 2027.The transaction will also require customary closing conditions and approval from the Monetary Authority of Singapore, Circle said in a Tuesday announcement.Tazapay has…

Robinhood Chain to Generate 0M in Annual Fees by 2028: Bernstein

Trading platform Robinhood’s blockchain network is expected to generate as much as $160 million in annual fees by 2028, Bernstein analysts forecast in a Tuesday report shared with Cointelegraph.The analysts cited growing demand for tokenized stock trading on the network,…

Liquid Recovers 85% of Bitcoin Withdrawn in Exploit

Purported white-hat hackers returned 3,400 Bitcoin worth about $270 million to the Liquid Federation wallet after withdrawing roughly $320 million from the Bitcoin sidechain’s reserves. On Monday, JAN3 CEO and former Blockstream executive Samson Mow said the return followed confirmation from…

Ethereum Maps Priorities for Upcoming Hegotá Upgrade

The Ethereum Foundation has identified two “must ship” proposals for the Hegotá upgrade, prioritizing censorship resistance and more flexible account authentication as it narrows the fork’s scope.The ranking evaluated 62 proposed Ethereum Improvement Proposals (EIPs), drawing on input from roughly…

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