PayPal debuts PYUSD, a Paxos-issued stablecoin and fully backed by USD deposits, short-term Treasuries, and cash equivalents, rolling out to US users gradually
Press Releases — McHenry Statement on PayPal Announcing Launch of Payment Stablecoin Shaurya Malwa / CoinDesk : PayPal to Issue Dollar-Pegged Crypto Stablecoin Based on Ethereum ...
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
Nikhilesh De / CoinDesk :
The Securities Commission of The Bahamas says it didn't order FTX to reopen withdrawals for Bahamas-based customers, refuting FTX's statement
FTX said last week it had allowed Bahamas-based customers to withdraw funds at its regulators' request. — Crypto exchange FTX was not required …
Source: Celsius has laid off 150 employees, around a quarter of its staff, after pausing withdrawals on June 13; the lender says it is exploring restructuring
The American-Israeli company is parting ways with around 150 employees as it continues to look for a way out of a crisis that saw …
After 3AC's collapse, centralized lenders with exposure to 3AC had failed, while their decentralized counterparts liquidated collateral and continued operating
Good morning! An IT head, data scientist, and AI product manager walk into a bar. PYMNTS.com : Today in Crypto: Three Arrows Capital Files for Bankruptcy; Celsius Hits Three Week ...
The DOJ charges ex-OpenSea head of product Nate Chastain with wire fraud and money laundering tied to a September 2021 NFT insider trading scheme, a DOJ first
Department of Justice officials say it's the first time they've pursued an “insider trading” charge in digital assets. Source: U.S. Department of Justice .
NFT marketplace OpenSea raises a $300M Series C led by Paradigm and Coatue at a $13.3B post-money valuation
OpenSea, one of the most talked about blockchain start-ups in Silicon Valley, said on Tuesday that had it raised $300 million in new venture capital, making it the latest company …
Intel plans to take its Mobileye unit public, sources say at a $50B+ valuation; Intel acquired the self-driving car company in 2017 for about $15B
Move could value Mobileye at more than $50 billion, according to people familiar with the matter — Intel Corp. is planning to publicly list shares …
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation
that will put both members of USDC's Centre Consortium (Coinbase is the other) on the public markets. https://www.coindesk.com/... @mayazi : Huge! the implications of a Circle SPAC...
Crypto financial services company Circle says it is going public via a SPAC merger at a $4.5B valuation
The deal values Circle at $4.5 billion. — Circle is going public in a deal that values the crypto financial services firm at $4.5 billion, the firm said Thursday.
Quantum computing startup IonQ plans to go public via a ~$2B SPAC merger, in a deal that would make it the first publicly traded company focused on quantum tech
Sharecare, a digital platform that helps users consolidate and manage their health information, announces plans to go public via a SPAC at a valuation of $3.9B
Sharecare, a digital platform that helps users consolidate and manage their health information, announces plans to go public via a SPAC at a valuation of $3.9B
Christine Hall / Crunchbase News :
Pay-per-mile auto insurance firm Metromile, which has a consumer app and licenses tech to large insurers, says it's going public via a SPAC at a $1.3B valuation
Mary Ann Azevedo / FinLedger :