Report: Paxos Seeks US Trust Bank License From OCC

Paxos Trust Company, the cryptocurrency firm behind Paypal’s stablecoin PYUSD, is seeking a national trust bank charter from the U.S. Office of the Comptroller of the Currency (OCC), Reuters reported. If approved, Paxos would convert its current New York limited purpose trust charter into a federal one, enabling it to hold assets and settle payments … Read more

Election Highs Ease but Activity Remains for Prediction Markets Polymarket and Kalshi

Polymarket and Kalshi, two prominent prediction markets, have continued to record substantial trading activity into 2025, with volumes, active accounts, and market offerings reflecting ongoing participation beyond the 2024 U.S. Election. Data Shows Polymarket Volumes Remain Above Pre-Election Levels Metrics from Dune Analytics show that Polymarket, the blockchain-based predictions marketplace, has maintained activity into 2025. … Read more

Rumble Mulls €1B Northern Data Takeover as Peak Mining Set for $235M Sale

Rumble Inc. (Nasdaq: RUM), the $2 billion video-sharing and cloud services provider, said it is exploring an all-stock acquisition of Germany’s bitcoin mining and AI data center operator Northern Data. This article is from Theminermag, a trade publication for the cryptocurrency mining industry, focusing on the latest news and research on institutional bitcoin mining companies. … Read more

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