Raise secures $63M in funding, backed by PayPal, to expand its blockchain-based Smart Cards system, enhancing gift card security, programmability, and fraud prevention. Raise Aims to Revolutionize the Gift Card Market With Smart Cards with Paypal Chicago-based gift card marketplace Raise has secured $63 million in funding, led by Haun Ventures with participation from PayPal,…

BDACS partners with Ripple to expand institutional crypto custody in South Korea, integrating Ripple Custody for secure storage of XRP, RLUSD, and other digital assets. BDACS, South Korea’s first regulated custodian for institutional digital assets, has announced a strategic partnership with blockchain firm Ripple. This alliance aims to expand secure custody services for XRP, RLUSD,…

Bitcoin miner MARA reports a 69% revenue increase in 2024, driven by Bitcoin’s price surge and strategic expansion into AI and energy infrastructure. MARA’s Q4 Revenue Hits Record $214.4 Million Bitcoin mining firm Marathon Digital Holdings reported a 69% year-over-year revenue increase in 2024, reaching $656.4 million, compared to $387.5 million in 2023. The…

Bitcoin ETFs face $755 million in outflows over seven consecutive days, while Ether ETFs see five days of losses, reflecting bearish investor sentiment. Bitcoin and Ether ETFs Experience Continued Investor Withdrawals Bitcoin exchange-traded funds (ETFs) recorded a seventh consecutive day of outflows on Wednesday, Feb. 26, with investors pulling out a total of $755 million.…

MEXC invests $20 million in USDe to boost stablecoin adoption and DeFi innovation, launching a $1 million rewards campaign to drive user engagement. Crypto Exchange Aims to Expand DeFi Innovation with Strategic Investment of $20 Million MEXC, a global cryptocurrency exchange, has announced a $20 million investment in USDe, the Ethereum-based synthetic dollar issued by…

Venture capitalist Vance Spencer criticizes U.S. proposals to restrict international stablecoin issuers from accessing the Treasury market, warning it could weaken dollar dominance. Read more on the stablecoin regulation debate. Venture Capitalist Warns of Negative Impact on U.S. Dollar Hegemony Vance Spencer, co-founder of Framework Ventures, has criticized efforts to restrict international stablecoin issuers from…

Kraken has announced that the U.S. Securities and Exchange Commission (SEC) has agreed to dismiss its lawsuit against the cryptocurrency exchange with prejudice.  The decision, which does not require Kraken to admit wrongdoing, pay penalties, or alter its business operations, marks a significant development in the ongoing debate over crypto regulation in the United States.…

Donald Trump fulfilled a major campaign promise yesterday by announcing a prospective strategic reserve for XRP, Solana, and Cardano.  The 47th president of the United States announced via Truth Social that he has given an Executive order directing the presidential working group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and…

Brazillian Soccer Star and former World Best Player of the Year Ronaldinho Gaucho launched a memecoin on the BNB Chain after days of speculation.  The memecoin “STAR10” launch was announced via the Soccer Star’s X page, stressing that the project is the only Crypto project the Brazillian star is affiliated with.  https://twitter.com/10Ronaldinho/status/1896323945697018323 The Official launch tweet…

The 47th President of the United States, Donald Trump, is set to hold an important crypto summit at the White House on March 7th.  CEOs, investors, and members of the Presidential Working Group on Digital Assets, including David Sacks and Bo Hines, will attend the summit. The proposed crypto summit adds to an interesting…