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Gemini has announced a $2.18-billion distribution to its Earn program users 18 months after it suspended withdrawals.

Gemini returns $2.18B to Earn users following 18-month withdrawal freeze

Crypto exchange Gemini has kicked off the process of reimbursing users of its now-defunct lending program, Earn. According to an announcement, Gemini’s Earn users were ...

3 months ago

The new crypto derivatives product allows investors to speculate on future hashrates and hashprices.

Luxor and Bitnomial launch Bitcoin mining derivatives product

Bitcoin mining firm Luxor Technology Corporation and Bitnomial Inc. have launched a Bitcoin mining derivative product on Bitnomial’s United States derivatives exchange.

3 months ago

PayPal’s PYUSD stablecoin is now available on Solana and Ethereum, offering a chain-agnostic experience for its users.

PayPal expands PYUSD to Solana, targets payment use cases

PayPal has chosen the Solana blockchain to expand its stablecoin, PayPal USD, marking its first move beyond the Ethereum ecosystem. According to an announcement on May 28, PYUSD has be...

3 months ago

The ARK Invest CEO praised the Central American country for being an “oasis” for Bitcoin and AI adoption.

El Salvador’s Bitcoin, AI plans could boost GDP tenfold by 2029: Cathie Wood

El Salvador could see its gross domestic product (GDP) increase tenfold over the next five years if it stays with its Bitcoin and artificial intelligence adoption plan under Nayi...

3 months ago

The Thai government has announced a new visa class for remote workers that can be extended for up to 360 days, but details on income and tax liabilities are unclear.

Thailand touts new ‘digital nomad’ visa extendable for nearly a year: Report

Thailand’s government has announced a new visa class aimed at digital nomads and freelancers that could reportedly allow them to work in the country for nearly a year, but details on possi...

3 months ago

Cathie Wood’s ARK Invest has committed $60 million to Elon Musk’s xAI startup, demonstrating the firm's confidence in its potential amid a surge in AI investments.

Cathie Wood’s ARK Invest pours $60M into Elon Musk's AI venture

ARK Invest, the investment management firm founded and led by veteran investor Cathie Wood, announced the acquisition of a stake in Elon Musk’s artificial intelligence (AI) startup. ...

3 months ago

One of the funds was BlackRock’s Strategic Income Opportunities Fund worth over $37.4 billion.

BlackRock adds own Bitcoin ETF to income and bond funds

BlackRock’s income and bond-focused funds have bought shares of the asset manager’s own spot Bitcoin $67,823 exchange-traded fund (ETF) in the first quarter, reg...

3 months ago

Crypto firm MoonPay is targeting digital experience for brands in its new Web3 platform, a market estimated to reach over $25 billion by 2029.

MoonPay launches Web3 platform for brands, digital experience

Crypto infrastructure firm MoonPay has doubled down on services targeting digital experience for brands. According to an announcement on May 28, the company is launching a platform dedicated to ...

3 months ago

Ledger chief experience officer Ian Rogers said that the extra time allowed them to ensure that the operating system is “refined with more features.”

Ledger finally ships Stax hardware wallet after months of delays

Ledger has begun shipping its new Ledger Stax hardware wallet to customers who pre-ordered it over a year ago, following a significant delay since its original release date. On Dec. 6,...

3 months ago

Caitlyn Jenner has seemingly acknowledged her connection with memecoin adviser Sahil Arora, alleging he “scammed” her, but says she will continue to invest in and promote the JENNER token.

Caitlyn Jenner joins Rich the Kid alleging they were ‘scammed’

American media personality Caitlyn Jenner has become the latest celebrity to accuse memecoin collaborator Sahil Arora of having “scammed” them, following a series of bizarre celebrit...

3 months ago