Crypto News

The American Innovation Project, a nonprofit, will “foster informed dialogue” about crypto in Washington. By law, it’s not allowed to substantially influence legislation.Source link

Blockchain-native capital marketplace Figure has filed a registration statement with the Securities and Exchange Commission for an initial public offering (IPO) on Nasdaq under the ticker symbol FIGR. The company is offering shares of its Class A common stock, with the initial public offering price yet to be determined. Figure will have two classes ofSource link

Gemini’s long-awaited IPO filing drew fresh attention to payments giant Ripple, with the exchange disclosing a $75 million credit line from the company alongside a steep financial loss.In documents submitted to the U.S. Securities and Exchange Commission (SEC) on Aug. 15, Gemini revealed a $282.5 million net loss for the first half, an almost seven-fold increase from the $41.4 million shortfall a year earlier. Revenue fell to $67.9 million from $74.3 million. The filing puts Gemini, which plans to use the ticker "GEMI" on Nasdaq, in line to become the third crypto exchange to trade publicly in the U.S. after Coinbase (COIN), which debuted on Nasdaq in 2021, and Bullish (BLSH), the owner of CoinDesk, whose shares listed on the...

Explore the rapid adoption of xStocks, tokenized equities on Solana (SOL), as they achieve significant trading volumes through major exchanges and DeFi integrations. (Read More)Source link

While many now believe that bitcoin has been battle-tested and has staying power, others still consider that the top cryptocurrency might come to an end, as the mining industry may be unable to continue operating and maintain profitable margins in the next 7 to 11 years. When Will Bitcoin End? Analyst Believes the Shrinking RevenueSource link