US Treasury Secretary Scott Bessent says digital assets may create a $2 trillion demand for US Treasuries in the coming years. In …
Digital
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Finance
Visa invests in stablecoin platform BVNK as it doubles down on digital asset strategy
by shayaanby shayaanVisa Ventures, Visa’s global investment arm, has made an investment in BVNK, a stablecoin payment infrastructure provider, as the company strengthens its …
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Mining
Marathon Digital Downgraded to Sell at Compass Point, Citing Unsustainable Cash Burn
by shayaanby shayaanInvestment bank Compass Point downgraded MARA Holdings (MARA) to a sell rating from neutral on Tuesday, citing unsustainable cash burn. “There’s better …
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Ghana’s central bank will begin overseeing the digital asset space later this year, pending the passage of legislation currently before parliament, Governor …
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Markets
ECB Establishes Innovation Hub to Test Digital Euro as Preparation Phase Nears End
by shayaanby shayaanThe European Central Bank (ECB) said it set up an innovation hub with 70 participants to test its digital euro project. The …
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Finance
Justin Sun Accuses First Digital Trust of Misusing $500 Million via Dubai Banks
by shayaanby shayaanTron founder Justin Sun has renewed his accusations against First Digital Trust (FDT), claiming the firm moved $500 million in customer funds …
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Bit Digital plans to raise up to $500 million through an at-the-market (ATM) equity offering. The offering will be facilitated by investment …
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Mining
Bit Digital raising $500M for cloud service pivot as BTC mining profit margins tighten
by shayaanby shayaanBit Digital, a global platform for high-performance computing (HPC) infrastructure and digital asset mining company, has announced plans to raise up to …
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Adoption
Google embraces zero-knowledge proof tech for enhanced privacy in digital IDs
by shayaanby shayaanGoogle has added Zero-Knowledge Proof (ZKP) technology to its Google Wallet platform to strengthen user privacy in digital identity systems. The company …
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Adoption
Worldcoin launches US identity platform, partners with Visa and Tinder for digital ID expansion
by shayaanby shayaanWorld, formerly known as Worldcoin, has officially launched its identity verification platform in the United States, according to an April 30 statement. …