A new effort to mobilize idle bitcoin capital is taking shape as Citrea launches a treasury backed dollar stablecoin designed specifically for bitcoin denominated markets. The bitcoin application layer, backed by Founders Fund and Galaxy Ventures, has introduced Citrea USD, known as ctUSD, positioning it as a native settlement asset for activity built on bitcoin […]
Mastercard is weighing a strategic investment in crypto infrastructure provider Zerohash after previously exploring a full acquisition that could have valued the company in the billions. The shift reflects a more measured approach as large payment networks look to expand their exposure to digital asset rails without fully absorbing operational and regulatory complexity. Discussions around […]
Citrea has launched a U.S. dollar-pegged stablecoin designed to establish a unified liquidity layer across its Bitcoin-focused ecosystem, marking a notable step in the evolution of Bitcoin-native decentralized finance. The new token, ctUSD, is issued natively on Citrea and backed one-to-one by short-term U.S. Treasury bills and cash equivalents. By issuing the stablecoin directly within […]
AI infrastructure firm OpenServ has entered a design partnership with network intelligence company Neol to advance enterprise-grade AI reasoning in real-world, high-stakes environments. The collaboration focuses on how structured AI reasoning systems perform under production conditions where reliability, regulatory constraints, and execution accuracy are critical. Both companies said the work goes beyond experimentation, aiming to […]
Shares of crypto infrastructure firm Bakkt surged sharply after the company announced a deal aimed at accelerating its push into stablecoin based payments and programmable settlement services. The company said it has agreed to acquire Distributed Technologies Research, a blockchain payment infrastructure provider, as part of a broader strategy to deepen its role in digital […]
Stablecoin infrastructure provider Rain has secured $250 million in fresh funding, pushing its valuation to $1.95 billion and reinforcing investor appetite for companies building payment rails tied to digital dollars. The latest capital raise was led by ICONIQ and follows a period of rapid expansion across enterprise-focused crypto payments. The company specializes in enabling businesses […]
Ripple has once again ruled out plans for a public listing, signaling confidence in its financial position and long term strategy as it continues to expand across digital asset infrastructure. Company leadership said the firm does not see a need to access public markets, citing a strong balance sheet and ample internal resources to fund […]
The Starknet network returned to full operation on Monday after experiencing a disruption that lasted more than four hours, raising concerns about reliability across applications built on the platform. The team behind the Ethereum layer two network said service has been fully restored but warned that some transactions submitted during a narrow time window may […]
Bitcoin miner Bitfarms is exiting Latin America after agreeing to sell its Paso Pe facility in Paraguay in a deal valued at up to $30 million, marking another step in the company’s geographic and operational repositioning. The transaction involves an upfront payment of $9 million, with the remaining amount payable over the next ten months […]
Demand for power intensive infrastructure is keeping capital flows active across the intersection of artificial intelligence and crypto markets, even as broader sentiment around the AI trade fluctuates. Investment activity tied to data centers continues as buyers compete for scarce megawatts capable of supporting GPU heavy workloads. Crypto miners, pressured by tighter margins following the […]
