Velocity raises $38M to move business money with stablecoins
Velocity raises $38M to move business money with stablecoins

London fintech Velocity has raised a $38 million Series A to help businesses move money with stablecoins. The Velocity Series A, led by Dragonfly and FirstMark, brings the two-year-old company’s total funding to nearly $50 million. Velocity builds trea…

What makes the best stablecoin payment solution?
What makes the best stablecoin payment solution?

Key Takeaways Stablecoin payments help businesses combine blockchain settlement speed with more predictable value. The best stablecoin payment solution should support acceptance, stablecoin settlement, fiat settlement, reporting, compliance, and payout…

How crypto payment processors can help businesses accept cryptocurrency
How crypto payment processors can help businesses accept cryptocurrency

Businesses looking to modernize their payment systems may want to learn what a crypto payment processor is, how it works, and why it matters. Cryptocurrency and the crypto industry at large often appear most prominently in investing circles, but recent…

Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.
Nearly a million investors lost $3.8 billion on the Trump memecoin. Trump made $636 million.

Nearly a million people who bought President Donald Trump’s $TRUMP memecoin have collectively lost $3.81 billion, according to an analysis by blockchain analytics firm Nansen. The data, which covers all transactions through the end of June, found that …

Lost access to your crypto wallet? Don’t Google your way out of it

A new scam is targeting cryptocurrency owners by disguising malware as wallet recovery software for forgotten seed phrases.

Polymarket says hackers stole users’ funds

The prediction market giant Polymarket said it’s refunding users who had funds stolen due to a third-party breach.

CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge
CryptoProcessing’s MLRO on why banking access is still crypto’s biggest challenge

Crypto firms have spent years trying to convince banks that they’re safe to do business with. Even now, with far more regulation in place than a few years ago, plenty of those firms still get turned away at the door. Jelizaveta Paskovskaja, Money Laund…

Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means
Polymarket’s $345 million Iran peace bet is stuck because nobody can agree on what “permanent” means

Polymarket, the largest prediction market exchange, has more than $345 million in trading volume stuck in limbo over a question of semantics. Traders bet on whether the United States and Iran would sign a permanent peace deal. Both countries announced …

Sam Bankman-Fried has formally asked Trump for a pardon. Trump has said he has “no intention” of granting one.
Sam Bankman-Fried has formally asked Trump for a pardon. Trump has said he has “no intention” of granting one.

Sam Bankman-Fried has formally submitted a request for a presidential pardon to Donald Trump, according to records on the US Department of Justice Office of the Pardon Attorney website. The filing, listed as a “pardon after completion of sentence,” was…