Author: driver789

OpenFX, a fintech startup focused on foreign exchange and remittances, raised $94 million in a Series A funding round to expand its stablecoin-based payments network.The round included Accel, Atomico, Lightspeed Faction, M13, Northzone and Pantera. The company said it plans to use the funds to increase liquidity, enter new markets and expand operations in Southeast Asia and Latin America.“The global FX market processes more than $200 trillion annually, yet the core settlement infrastructure remains largely unchanged from decades ago,” founder Prabhakar Reddy said, adding that he launched OpenFX in 2024 to address what he described as a gap in the…

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In 2010, long before quantum computing became a mainstream concern in crypto circles, Bitcoin’s pseudonymous creator, Satoshi Nakamoto, was already sketching out how the network might respond if its underlying cryptography were ever compromised. The premise was simple but consequential: Bitcoin’s security assumptions are not permanent. They can be replaced. In early Bitcointalk discussions, Satoshi outlined a scenario in which the system’s cryptographic primitives — whether hashing or digital signatures—  could eventually weaken. If that happened gradually, the network could coordinate a transition: a protocol upgrade would introduce stronger algorithms, and users would migrate their holdings by re-signing coins into…

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Bitfarms (BITF) shares climbed 6.6% on Tuesday despite reporting a widened $284.5 million net loss for 2025, driven by a decline in Bitcoin prices and a high cost of revenue, with the company advancing its pivot to AI and high-performance computing. The company’s full-year results statement on Tuesday showed a 72% year-on-year increase in revenue to $229 million. This was outweighed by $248 million in cost of revenue, leading to a gross loss. General and administrative expenses also increased year over year, while the change in fair value of digital assets led to a $50.5 million loss in 2025 compared with a…

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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Staking activity on the Ethereum network is taking the spotlight as the altcoin’s price continues to face heightened volatility. One notable aspect of the development is the significant increase in staking activity among large institutional investors. The most recent staking move triggering a frenzy in the ETH community comes from The Ethereum Foundation. Major ETH Stake by Ethereum Foundation With the market still lingering in a bearish state, the frenzy around Ethereum’s price has cooled down and shifted toward a more dynamic trend. However, A recent notable…

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The New Hampshire Business Finance Authority is set to issue what appears to be the first rated bitcoin-backed bond of its kind, marking a step toward integrating crypto into traditional public finance.The bonds received a provisional Ba2 rating from Moody’s Ratings, two notches below investment grade. They will be issued through the Business Finance Authority of the State of New Hampshire and are backed by bitcoin BTC$67,850.49 held as collateral, according to a press release.“The Rated Bonds will be collateralized by a loan… backed by Bitcoin, a digital currency,” Moody’s said in its report.The structure relies on bitcoin rather than…

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Ethereum is navigating a challenging market phase, with price facing persistent selling pressure despite a tightening supply landscape. On the charts, ETH has shown signs of weakness, with repeated rejections at key resistance levels and declining momentum suggesting that sellers remain in control in the short term. A significant portion of the ETH supply remains locked across staking contracts, effectively reducing the amount of liquid ETH available on the market. Locked Supply Continues To Tighten Circulating Ethereum Ethereum is experiencing selling pressure on the charts, but supply is being locked away through staking. An analyst known as Sjuul AltCryptoGems on…

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S&P Dow Jones Indices has tokenized its iBoxx US Treasuries Index on the Canton Network, making a major fixed-income benchmark available as a digital asset and signaling a shift toward onchain data infrastructure in traditional finance.In a Tuesday announcement, S&P said the index was brought onchain together with Kaiko, a provider of digital asset market data and infrastructure that supports the tokenization and onchain delivery of the index.The iBoxx US Treasuries Index is a widely used benchmark that tracks the performance of US government bonds across different maturities, serving as a reference point for institutional investors and fixed-income products.The tokenized…

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A first-of-its-kind municipal bond backed by bitcoin is moving closer to issuance after receiving a sub-investment-grade rating from Moody’s Investors Service, marking a major step in the convergence of digital assets and traditional public finance. The proposed $100 million issuance, structured by the New Hampshire Business Finance Authority (BFA), earned a Ba2 rating — two notches below investment grade, according to Bloomberg reporting. If completed, the deal would represent the first municipal bond backed by bitcoin collateral, opening a potential new pathway for institutional capital to access the asset class through regulated fixed-income markets. Under the proposed structure, bond payments…

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Bitcoin enters the public bond market as Moody’s gives a first-of-its-kind crypto deal a rating – BitRss – Crypto World News Coin Desk 1 hour ago 9 A New Hampshire state authority is set to issue a first-of-its-kind bitcoin-backed bond with a Ba2 rating, marking an early test of how crypto can function as collateral inside traditional public finance markets. BitRss shares this Content always with License. Read Entire Article Screenshot generated in real time with SneakPeek Suite Homepage World News Bitcoin enters the public bond market as Moody’s gives a first-of-its-kind crypto deal a rating BitRss World Crypto News…

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“We’re finishing the job, and I think within maybe two weeks, maybe a couple of days longer to do the job,” Trump told reporters in the Oval Office.President Donald Trump said the US could be wrapping up its war with Iran soon, and said this could happen within the next month.“I would say that within two weeks, maybe two weeks, maybe three,” Trump told reporters at the White House on Tuesday. “We’ll leave because there’s no reason for us to do this.”The conflict in Iran has been escalating since the US and Israel initiated strikes against Iran in February, leading to…

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