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After a sluggish couple of years, fintech appears to be making a comeback. In the first quarter of 2025, fintech startups globally raised a combined $10.3 billion — marking the highest level of funding since the first quarter of 2023, according to CB Insights research. The average deal size of $17.7 million also marked the … Read more
The second week of April saw a significant acquisition: Ripple, which offers enterprise blockchain products on the XRP Ledger, purchased Hidden Road for $1.25 billion. According to data from Crypto Fundraising, the deal helped push the week’s total funding to…
A founder who has carved out a name for himself building products to help restaurants connect better with would-be diners has raised $50 million for his latest startup: a new take on the idea of customer loyalty. Blackbird Labs has built a payments-meets-loyalty-meets-blockchain platform for restaurants to grow repeat business while reducing some of the … Read more
Aetherflux, the space solar startup founded by billionaire co-founder of Robinhood Baiju Bhatt, has raised a $50 million in a Series A round as it works to launch its first low Earth orbit demonstration in 2026. The San Carlos, California-based startup, which came out of stealth last October, aims to eventually launch a constellation of … Read more
Ripple has agreed to drop its appeal against the U.S. Securities and Exchange Commission, according to Ripple chief legal officer Stuart Alderoty. Just days after the SEC dropped its case against XRP (XRP) creator Ripple, the company has confirmed it is also dropping its counter-appeal. In a post on X, Alderoty said both parties had … Read more
Key Takeaways Ripple agreed to a settlement with the SEC, paying a $50M fine. The SEC will request lifting of the injunction that required Ripple to register future securities. Share this article Ripple and the SEC reached a settlement today, with Ripple agreeing to pay a reduced fine of $50 million — down from the … Read more
U.S. President Trump’s wide-ranging tariff hikes are already resulting in growth forecasts being cut amid other uncertainty — actions that will inevitably impact the technology sector, too. Today, however, one food e-commerce startup, GrubMarket, is announcing a new equity round of $50 million on a raised valuation of over $3.5 billion — a signal of … Read more
Coffee giant Starbucks has been ordered to pay a California drive-through customer $50 million after an unsecured hot drink spilled on him, causing burns. Michael Garcia underwent skin grafts and other procedures on his genitals after he was handed a takeout tray of venti-sized drinks at a drive-through on Feb. 8, 2020. His lawyers successfully … Read more
US President Donald Trump’s crypto reserve includes Ripple and CEO Brad Garlinghouse has defended and applauded the decision. With the US making strides, Ripple has announced an investment of $50 million to support the National Crypto Association (NCA), running a nation wide crypto initiative in the US. Notably, Ripple’s $50 million pledge is one of … Read more
Michael Saylor, the MicroStrategy chief and Bitcoin evangelist, is stepping into the White House Crypto Summit hand in hand with friends at XRP. Hosted by Trump and presided over by crypto czar David Sacks, the summit is expected to chart the future of digital assets in America. Central to the agenda are plans for a … Read more
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