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FILE PHOTO: A smartphone with the PayPal logo is placed on a laptop in this illustration taken on July 14, 2021. Dado Ruvic | Reuters Paxos, the blockchain partner of PayPal, mistakenly minted $300 trillion of the online payment giant’s stablecoin on Wednesday in what the company called a “technical error.” Market watchers had spotted … Read more
Bitcoin mining now has the Trump name attached through another Eric Trump crypto project. American Bitcoin, supported by Eric Trump and Donald Trump Jr., hit the Nasdaq on Wednesday through a merger with a small-cap miner, sidestepping the usual IPO route. The crypto stock debuted around $8, surged to $13, and pulled back to roughly … Read more
BlackRock’s tokenized U.S. Treasury fund, BUIDL, has surpassed $1 billion in assets under management following a $200 million allocation from Ethena. Data from RWA.xyz shows that BlackRock BUIDL fund’s total assets have grown 57% in the past month following Ethena’s (ENA) $200 million allocation on Mar. 13. The fund, which was introduced in partnership with … Read more
Circle has minted another 250 million USDC on Solana, pushing its 2025 total issuance to 8 billion USDC as demand for regulated stablecoins grows. The latest 250 million USDC mint was reported by on-chain analytics firm Spot On Chain in a Feb. 24 tweet. Spot On Chain also revealed that that Circle had added 1 … Read more
Guming Holdings’ $233 million HK IPO bolstered the value of the stake owned by its millennial founder, Yun’an Wang, to $1.2 billion. Read More
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