Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank

A group of tech billionaires, led by Palmer Luckey, co-founder of military contractor Anduril, is preparing to launch a new bank named Erebor, aimed at filling the gap left by Silicon Valley Bank (SVB) for start-ups, including those in the cryptocurrency sector. Backed by high-profile investors such as Peter Thiel’s Founders Fund and Joe Lonsdale … Read more

Digital Wealth Platform Nexo to Sponsor Golf Championship in Partnership With DP World Tour

Nexo has announced a three-year partnership with the DP World Tour, becoming the Tour’s Official Digital Asset and Wealth Partner through 2027. This collaboration will kick off with six premier tournaments in 2025, including the Genesis Scottish Open and the BMW PGA Championship, featuring top players like Rory McIlroy and Scottie Scheffler. A highlight of … Read more

Wallet of Satoshi Launches Self-Custodial Lightning Wallet on Spark, Returns to the US Market

Wallet of Satoshi has announced the launch of its self-custodial Lightning wallet on the Spark platform, marking a significant advancement in making Lightning Network payments more scalable and accessible, particularly in the U.S. market. This integration allows users to have full control over their bitcoin, enabling them to send and receive transactions with an enhanced … Read more

Openpayd and Ripple Partner to Enhance Fiat and Stablecoin Infrastructure for Streamlined Cross-Border Payments

Openpayd, a prominent provider of financial infrastructure, has announced a strategic partnership with Ripple aimed at delivering compliant and scalable payment solutions for enterprise clients. This collaboration will integrate Openpayd’s global fiat infrastructure, including real-time payment rails and multi-currency accounts, with Ripple Payments, which utilizes blockchain technology to facilitate fast and transparent cross-border payments in … Read more

Katana Mainnet Launches, Promising Higher DeFi Yields With Incentives for Users

The Katana mainnet has officially launched, introducing a new decentralized finance (DeFi) platform designed to enhance liquidity and yield opportunities in the sector. With over $240 million in pre-deposits within weeks of its announcement, Katana is now live, offering users the chance to earn from day one through a liquidity mining incentive of 1 billion … Read more

The Smarter Web Company Increases Bitcoin Holdings to 773.58 BTC

On July 1, 2025, The Smarter Web Company PLC, a London-listed technology firm, announced the acquisition of an additional 230.05 BTC as part of its ongoing bitcoin treasury policy outlined in “The 10 Year Plan.” The company purchased the bitcoin at an average price of £78,103 ($107,126) per bitcoin, totaling £17,967,595 ($24,761,996). With this latest … Read more

Global Dollar (USDG) Stablecoin Launches in the European Union

On July 1, 2025, Paxos officially launched the Global Dollar (USDG), a fully regulated USD-backed stablecoin, in the European Union (EU). Compliant with the EU’s Markets in Crypto-Assets (MiCA) regulation and overseen by the Finnish Financial Supervisory Authority and the Monetary Authority of Singapore, USDG is designed to meet the increasing demand for stablecoins in … Read more

The Blockchain Group Confirms Acquisition of 60 BTC, Total Holdings Reach 1,788 BTC

The Blockchain Group (Euronext Paris: ALTBG) has announced the acquisition of 60 bitcoin for approximately €5.5 million (about $6.5 million), bringing its total holdings to 1,788 BTC, valued at around €161.3 million ($189.5 million). The company reported a year-to-date bitcoin yield of 1,270.7%, with a BTC gain of 508.3 BTC and a corresponding € gain … Read more

Tokenized Stocks Now Available on Bybit, Kraken, and Solana DeFi

Backed Finance has announced the launch of xStocks, a new platform offering over 60 tokenized stocks, now live on Bybit, Kraken, and Solana DeFi. This initiative aims to bridge the gap between traditional finance and decentralized finance (DeFi), allowing users to trade well-known equities such as Apple, Amazon, and Microsoft in a blockchain environment. The … Read more