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Gilt yields fell after the Bank of England paused active auctions, but its £368 billion portfolio unwind continues. CryptoSlate says the eight-year process leaves a prolonged rates risk for Bitcoin.
SBI joined a Vertex-led funding round for a Singapore startup expanding stablecoin services across merchant tools, enterprise portals and apps. CryptoSlate did not disclose SBI’s contribution or the round’s terms.
Industry observers are debating Zcash’s development fund after a ZEC rally pushed its value above $95 million. Dragonfly’s Haseeb Qureshi is calling for the arrangement to end after 2028, Cointelegraph reports.
Stablecoin payments company dtcpay completed a $25 million Series A round that included a strategic investment from Japan’s SBI Group, CoinDesk reported. Further funding terms and use of proceeds were not disclosed.
dtcpay completed a $25 million Series A funding round with a strategic investment from Japan’s SBI Group, CoinDesk reported. The financing highlights continued activity around stablecoin payment companies and digital-asset infrastructure.
UTXO’s Dan Hillery says the digital-credit market, now valued at $16 billion, could eventually rival Bitcoin’s cited $1.5 trillion market capitalization. Bitcoin Magazine reported on the sector’s growth over the past two years.
UTXO’s Dan Hillery says digital credit has grown to a $16 billion market from a minimal base two years ago and could eventually approach Bitcoin’s stated $1.5 trillion market capitalization.
OpenAI says it has made substantial progress on a second Millennium Prize mathematics problem but has not revealed which one. The announcement follows a disputed claim involving the Navier-Stokes problem, which carries a $1 million prize.
WisdomTree and MoonPay are working to expand US access to WisdomTree’s $1.2 billion WTGXX tokenized money market fund. MoonPay plans to include the fund in its stablecoin reserves, Cointelegraph reported.
Zcash gained 17% as crypto-market liquidations totaled $345 million. Short sellers took most of the damage, while Zcash accounted for $56 million of forced closures, CoinDesk reported.
