Florida Pharma Firm Will Use XRP for Real-Time Payments in $50M Financing Deal
A Florida-based pharmaceutical distributor is backing XRP as a treasury and payments asset, putting the token at the center of a $50 million financing deal. Wellgistics Health (WGRX) said Thursday it had secured an equity line of credit to support XRP-based reserves and infrastructure for real-time payments. The company...
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Bitcoin Hits $100K, Triggers $1B in Liquidations — Biggest Wipe-Out Since 2021
Bitcoin has finally crossed the $100,000 mark, but not without chaos. In the last 24 hours, about 190,000 traders were liquidated, losing nearly $1 billion. It’s the biggest wipe-out since 2021, with short traders taking the hardest hit – […] The post Bitcoin Hits $100K, Triggers $1B in...
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AI says this single altcoin will crush Polkadot and Polygon in 2025
AI predicts this altcoin could outshine Polkadot and Polygon by 2025, here’s why investors are watching XYZVerse. #partnercontent...
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SEC, Ripple Ink $50M Settlement to End Long-Running Legal Battle
Almost two months after Ripple CEO Brad Garlinghouse announced that the U.S. Securities and Exchange Commission (SEC) had abandoned its appeal against the company, the two parties have agreed to a $50 million settlement, signaling the end to their multi-year legal standoff. The agreement, submitted to the court on...
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Quantum Computing Aids Energy Efficiency For Blockchain Hashing: ‘Require A Fraction Of The Electricity Used By Classical Resources,’ Says D-Wave CEO
After posting record earnings on Thursday, D-Wave Quantum Inc.’s (NYSE:QBTS) management highlighted its progress in enabling energy-efficient measures to enhance blockchain hashing using quantum computing. What Happened: CEO Alan Baratz highlighted the inference of its recent research paper titled Blockchain with Proof of Quantum Work. The study showed that...
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Robinhood CEO Says US Crypto Is Rising From The Ashes
The CEO of Robinhood, Vladimir Tenev, has disclosed that the United States is finally providing crypto some room to breathe. It has been years since there has been tight regulation and unclear rules. Things are finally looking better for crypto firms. In a sit-down interview with Crypto in America,...
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$900M liquidated from crypto market as Bitcoin surges past $103K in latest rally
Bitcoin surged above $103,000, causing a wave of forced exits that resulted in the liquidation of over $900 million in the last 24 hours. This represents a 200% increase in liquidations over the previous day, according to Coinglass data. Bitcoin…...
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MARA CEO Fred Thiel Underscores Company’s ‘Twin Turbocharge Strategy’ Of Bitcoin HODL And Mining: ‘You See The Benefit Of Both The Sides’
MARA Holdings Inc. (NASDAQ:MARA) CEO Fred Thiel reiterated the company’s commitment to its Bitcoin holding strategy on Thursday, emphasizing the potential benefits for its stockholders. What Happened: During the first quarter earnings call, Thiel said MARA held a “distinguishing” position in the market, allowing shareholders to gain from its Bitcoin...
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Hut 8’s earnings swing to loss as Bitcoin halving bites
Hut 8 Corp. reported a steep first-quarter loss and a nearly 58% revenue drop, as the lingering effects of last year’s Bitcoin halving and costly equipment upgrades took a toll. Bitcoin (BTC) mining firm Hut 8 Corp. posted a sharp…...
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Steak ‘N Shake to accept Bitcoin payments this month
Steak ‘N Shake has declared that all its outlets nationwide will start accepting Bitcoin payments starting from May 16 as part of shift towards cryptocurrency. In a recent post, the American fast-food chain announced that it will provide its more…...
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