Ripple has agreed to acquire Rail, a
stablecoin-focused global payments platform, for $200 million. The deal,
announced this week, is expected to close in the fourth quarter of 2025,
pending regulatory approvals. It…
In brief
Carlos Ramirez, known as Whynne online, said in his first interview in 10 years that he is “constantly” being approached with offerings of token supply for Trollface-related meme coins.
The…
In brief
Elon Musk’s AI company xAI secured a $200 million Pentagon contract just days after its chatbot Grok generated antisemitic and homophobic responses.
The deal aims to provide AI tools for…
Bitcoin soared to another record high, driven by growing global investor demand for risk assets and a $200 million liquidation of BTC shorts near a critical overhead resistance level.Bitcoin’s (BTC)…
Latin American cryptocurrency exchange Mercado Bitcoin plans to tokenize over $200 million in real world financial assets (RWAs), including fixed income and equity instruments, on the XRP Ledger (XRPL).The move…
A major transaction involving 2 million PI tokens recently took place on the Pi Network. These tokens were removed from a liquidity reserve and moved to a new wallet, sparking…
Robinhood buys Bitstamp for exactly $200 million in cash, and this marks the trading platform’s first major international expansion. The acquisition was completed on June 2, 2025, bringing the world’s…
Robinhood Markets, Inc. has closed a $200 million acquisition of Luxembourg-based crypto exchange Bitstamp, adding over 50 licenses and registrations and an established institutional client base to its crypto arm.The…
The U.S. Department of the Treasury Office of Foreign Assets Control (OFAC) imposed sanctions on Funnull Technology, a provider of technology for websites allegedly involved in so-called pig butchering scams,…
In brief
The Treasury’s Office of Foreign Assets Control sanctioned Funnull Technology Inc., and its administrator, Liu Lizhi.
The company is charged with supplying infrastructure to pig-butchering scams.
The scheme involved IP address…