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Most crypto payments still feel clunky. You need special wallets, QR codes, and merchants who understand blockchain technology. SpacePay wants to change this reality with a simple idea: let people pay with crypto using the same card machines already sitting in stores. The London-based fintech startup has built a system that works with existing Android…
The crypto market is down today, with the cryptocurrency market capitalization decreasing by 0.5%, and back below the $4 trillion mark, now standing at $3.99 trillion. About 80 of the top 100 coins have dropped over the past 24 hours. At the same time, the total crypto trading volume is at $146 billion. TLDR: The…
SOL Strategies commenced trading on Nasdaq Global Select Market under the ticker STKE with $94 million in Solana treasury holdings. The Canadian firm becomes the first Solana-focused public company to achieve a U.S. listing and maintains dual listings on CSE under the symbol HODL. The Nasdaq debut follows months of preparation, including a one-for-eight share…
Gemini Space Station Inc. increased its initial public offering (IPO) target to $433.3 million after oversubscribed demand prompted a price range increase to $24-$26 per share from the original $17-$19 range. According to the Bloomberg report, the Winklevoss twins’ crypto exchange achieved a $3.1 billion valuation at the top of the elevated range. Nasdaq committed…
Swedish payments firm Klarna raised $1.37 billion in its U.S. initial public offering (IPO), amid burgeoning US market debuts. The “Buy Now, Pay Later” (BNPL) lender reported 34.3 million shares sale valued at $40 each, above its marketed $35-$37 range. Per a Reuters report, the sale equates Klarna to a $15 billion valuation. The firm’s…
The District of Columbia’s Attorney General is taking legal action against Athena Bitcoin, alleging the crypto ATM operator facilitated fraud and profited from undisclosed fees tied to scam-related transactions. Key Takeaways: DC Attorney General sues Athena Bitcoin for enabling scams and hiding fees as high as 26%. 93% of Athena’s DC ATM deposits were linked…
Nakamoto, a subsidiary of KindlyMD, has committed up to $30 million to join Metaplanet’s global equity offering. Key Takeaways: KindlyMD’s Nakamoto committed up to $30M to Metaplanet, marking its largest investment to date. Metaplanet now holds 20,136 BTC, ranking sixth among public companies by Bitcoin reserves. NAKA shares surged 77% after the deal, as investors…
Ethereum core developers are earning far below market standards even as they carry the responsibility of keeping the world’s second-largest blockchain secure and functional, a report shows. Protocol Guild, a collective that funds around 190 Ethereum core contributors, released compensation data this week, revealing that salaries for these developers sit 50% to 60% below what…
QMMM Holdings, a Hong Kong-based digital media advertising firm, has reported a staggering 1,736% increase in stock soon after it announced plans to build a $100 million crypto treasury. Per Yahoo Finance data, QMMM shares soared 2,300% on Tuesday before closing 1,736% higher at $207 on Nasdaq. However, the stock fell in extended trading, and…
Vietnam has approved a five-year pilot for cryptocurrency trading, opening a tightly controlled gateway into a market that has grown rapidly without formal rules. The resolution allows only Vietnamese companies to operate platforms. Additionally, it requires all issuance, trading and payments of crypto assets to be settled in the local dong, according to a government…