Polygon Labs is in early talks to raise up to $100 million to scale a regulated stablecoin payments business, shifting its focus from generic blockchain support to real‑world money movement that boosts on‑chain transaction volume. The push builds on its recent acquisitions of licensed U.S. payment and wallet firms Coinme and Sequence, aiming to integrate fiat …
Bitcoin bulls failed to stay above $72,000 for long as BTC price action already began to discount the impact of a US-Iran ceasefire agreement.
The company is building an "asset-native" network designed to handle regulated financial activity at scale, targeting a market it values at $50 trillion.
Iran is proposing a plan to charge about $1 per barrel in cryptocurrency or other digital assets like stablecoins and yuan for oil tankers to pass through the Strait of Hormuz during a two‑week ceasefire deal with the United States, according to reports. Fully loaded tankers must submit cargo and vessel details before payment, while …
MEXC appointed Vugar Usi as CEO and outlined plans to expand zero-fee trading and pursue MiCA licensing amid growing industry competition.
Iran is reportedly open transit tolls paid in bitcoin and crypto for ships crossing the Strait of Hormuz amid volatile ceasefire.
Similarities reflect shared early research, not proof, said Back. Others have questions too.
Commercial players, including Strategy, BlackRock, and Fidelity, are expected to play a "constructive role" in security, the analysts said.
ZEC's latest rebound resembled bounces witnessed during the 2021 bear market, raising the odds of a 40% correction in the coming weeks.
The Drift exploit and Stabble’s precautionary warning point to a difficult crypto security problem: the next major breach may begin long before funds move on-chain. That is what makes these incidents more than isolated alarms. They suggest that some protocols may still be looking for smart contract flaws, while the real exposure lies in hiring, […]
The post After the $285M Drift hack, new Solana scare shows crypto’s next security risk may already be inside appeared first on CryptoSlate.
White House economists said banning rewards wouldn't significantly boost banks' financial health, amplifying the crypto industry view in the Clarity Act debate.
Crypto markets are entering a pivotal phase as macro signals begin to diverge, with Bitcoin flashing breakout. Bitcoin is showing early signs of a technical breakout, pushing above important levels after a period of heavy bearish sentiment. According to Gareth Soloway, the next immediate test sits around the $75,000–$76,000 range. A successful move beyond that …
Expanding regulated crypto derivatives access in a growing financial hub WhiteBIT, the largest European cryptocurrency exchange by traffic, has obtained a broker license from the National Bank of Georgia (NBG) through its local entity, WhiteBIT Broker. With this authorization, the company will introduce crypto derivatives trading, including perpetual futures, in the Georgian market. WhiteBIT already …
Standard Chartered is reportedly exploring a shake-up of Zodia Custody that would bring parts of the crypto custodian inside its own investment bank.
CZ’s new memoir reignited his long-running feud with OKX founder Star Xu, who called the Binance founder a liar in posts on X.
The broker said advances in quantum computing are accelerating the timeline for crypto risk, but argued Bitcoin faces a multi-year upgrade cycle, not an existential crisis.
Digital asset inflows totaled $11 billion in Q1, as institutional demand and ETF outflows left corporate buyers and venture capital as the primary sources of funding.
Crypto trades settle instantly, but at the cost of capital efficiency. This forces firms to overcollateralize and limits how far markets can scale, says Cosmos co-founder Ethan Buchman.
The bank boasts "the largest network of financial advisors [with] 16,000 advisors managing $6.2 trillion" according to an analyst.
A viral footage from 2018 has resurfaced online, showing CEO Brad Garlinghouse boldly declaring that Ripple was taking over SWIFT (Society for Worldwide Interbank Financial Telecommunications). At the time, the crypto payments company was still in its early growth phase, aggressively positioning itself as a faster and more cost-effective alternative to SWIFT. Today, Ripple has evolved significantly in various aspects, including regulation, payments, global adoption, partnerships, banking, and more. Ripple CEO Makes Bold Claim To Surpass SWIFT During the 2018 Bloomberg interview, Garlinghouse was asked whether he believed Ripple could ever take over SWIFT. The CEO responded calmly, “I think what we’re doing and executing on a day-by-day basis is in fact taking over SWIFT.” He stated that the company had already signed with more than 100 banks, noting that some of the largest SWIFT-enabled financial institutions in the world are already using Ripple’s technology. Related Reading: Analyst Who Called Bitcoin Price Crash Above $100,000 Predicts Crash To $29,000 Garlinghouse’s statement reflected confidence in Ripple’s growth potential and its ability to transform global payment systems. He pointed to practical, real-world applications, explaining that a remittance company adopted Ripple’s technology in 2018 and lowered the price per transaction from $20 to just $2, leading to a staggering 800% surge in usage overnight. According to him, this type of growth and dynamic is what Ripple can address, while SWIFT has struggled to support. Despite his bold vision, many in the crypto community today remain skeptical. One possible reason for this doubt is that SWIFT has served as the backbone of international financial communications since 1973. Hence, it has built decades of strong credibility, trust, compliance, and security standards—areas where Ripple, by comparison, is still developing. However, despite these long-standing advantages, SWIFT falls short in many areas that Ripple aims to improve. The system relies on processes that take 1-5 days for transactions to settle, while Ripple executes transfers in seconds. In addition, SWIFT’s transfers also cost $25-$50 per transaction, while the average all-in costs for institutional payments on Ripple range from $0.001-$0.01 per transaction, a staggering contrast. One of SWIFT’s biggest flaws today is that it does not move money directly; instead, it sends messages about money while still relying on pre-funded Nostro accounts. This reliance is the key area where Ripple has a huge advantage. While SWIFT’s pre-funded accounts and use of intermediaries slow payments, Ripple’s On-Demand Liquidity (ODL) leverages XRP as a bridge currency to speed up transfers. The crypto company converts the sender’s currency into XRP, moves it across the ledger, and then converts it to the receiver’s currency—all of which is done in seconds. How Ripple Has Evolved Since 2018 Fast-forward to today, Ripple has overcome major hurdles since 2018, including resolving its almost seven-year legal battle with the US SEC and gaining clearer regulatory guidance and recognition. At the same time, the company has continued to expand globally while enhancing the XRP Ledger (XRPL) with new updates and stronger security features. Related Reading: XRP Analyst Reveals Why The Altcoin Is Set To Hit $27 So far, the company continues its efforts to either rival or work with SWIFT. It has established partnerships with hundreds of banks, payment providers, remittance firms, and other institutions. Ripple has also expanded its offerings through various strategic acquisitions, including Hidden Road, Metaco, GTreasury, and others. As a result, the crypto firm now extends its services beyond payments to include custody, settlement, treasury management, and more. Recently, one of Ripple’s biggest milestones was gaining conditional approval from the Office of the Comptroller of the Currency (OCC) for a national bank charter. A full license would officially designate Ripple as a federally recognized bank, bringing the company one step closer to its goals. Featured image created with Dall.E, chart from Tradingview.com
Bitcoin miner Cango said it sold 2,000 BTC to pay off debt and cut its BTC production cost by 19% as part of its strategic pivot to energy and AI infrastructure.
Something’s brewing and no, it’s not retail hype this time. Whale transactions are suddenly exploding across multiple altcoins, and the timing? Suspiciously perfect. Over the past week, whale transactions those chunky $100K+ transfers have surged across several mid-to-large cap assets. Data shows triple-digit spikes almost everywhere you look. And while prices haven’t exactly gone vertical …
Standard Chartered reportedly plans to integrate Zodia Custody's crypto custody business into its corporate bank division
Iran's crypto demand for Hormuz passage could disrupt global shipping, impact oil prices, and increase geopolitical tensions in the region.
The post Iran demands Bitcoin, crypto payments for Strait of Hormuz passage: FT appeared first on Crypto Briefing.
Global financial markets are showing renewed strength as easing geopolitical tensions and improving sentiment push risk assets higher. Bitcoin has moved back above the key $71,000 level, a zone that had acted as strong resistance in recent months, signaling a shift in short-term market direction. Donald J. Trump said the U.S. would work closely with …
While BlackRock’s spot bitcoin ETF currently reigns as the liquidity king of crypto, Morgan Stanley’s MSBT will leverage a market-low 0.14% fee and $7 trillion wealth management engine to possibly challenge that dominance.
Iran plans to collect cryptocurrency and other digital payments as transit fees from fully loaded oil tankers passing through the Strait of Hormuz, said the report.
NEAR Protocol (NEAR) joined Internet Computer (ICP) as a top performer, climbing 8.9% from Tuesday.
White House economists have pushed back against claims that stablecoin rewards could damage the traditional banking system. A new report from the Council of Economic Advisers says banning stablecoin yields would have only a minimal impact on bank lending, suggesting fears from banking groups may be overstated. Stablecoin Rewards Unlikely to Drain Bank Deposits According …
Researchers are advancing post-quantum protections even as current hardware remains far from breaking crypto systems