Stablecoin Card Issuer Rain Buys Merchant Wallet Startup Ansa
Rain acquired Ansa, a startup whose software lets merchants run their own branded prepaid wallets, the stablecoin card issuer announced. The purchase adds a product built on fiat. Ansa’s wallets hold dollar balances that customers load in advance and spend at the brand that issued them, and neither… Read the full story at The Defiant
Riot Signs $9.1B, 20-Year AI Data Center Lease at Its Texas Bitcoin Mine
Riot Platforms has leased 191 megawatts of computing capacity at its Rockdale, Texas, bitcoin mining campus to an unnamed artificial intelligence company under a 20-year agreement the miner says will generate roughly $9.1 billion in revenue, according to an exhibit filed with the U.S. Securities… Read the full story at The Defiant
CFTC Sues Goliath Ventures Over Alleged $397M DeFi Liquidity Pool Ponzi
The U.S. Commodity Futures Trading Commission sued Goliath Ventures Inc. and its chief executive, Christopher Delgado, on Tuesday, alleging the Florida company raised at least $397 million from roughly 1,600 customers by promising to place their bitcoin and ether in decentralized exchange liquidity… Read the full story at The Defiant
Coinbase Wins Abu Dhabi License for Tokenized Securities Hub
Coinbase has received a Financial Services Permission from the Financial Services Regulatory Authority of Abu Dhabi Global Market to build what it calls its international tokenization hub, clearing the exchange to arrange deals in investments and provide custody ahead of a launch of tokenized… Read the full story at The Defiant
Bitcoin’s BIP Editors Remove Luke Dashjr Two Days After BIP-110 Fork Stalled
Bitcoin’s BIP editors removed Luke Dashjr from the role on Monday, two days after the soft fork he championed split thousands of nodes onto a chain that has not produced a block since Aug. 8. The BIPs repository has no written procedure for taking the role away. BIP 3, the document that governs the… Read […]
BIP-110 Bitcoin Fork Stalls at Two Blocks as Its Only Miner Quits
The Bitcoin chain enforcing BIP-110 has not produced a block since Saturday night, and the proposal’s supporters — including Luke Dashjr, who maintains Bitcoin Knots and is chief technology officer of the mining pool Ocean — are now discussing a change to Bitcoin’s proof-of-work algorithm…. Read the full story at The Defiant
Vitalik Buterin’s Ethereum Roadmap Prioritizes Quantum Readiness and Privacy
Vitalik Buterin overlaid his 2023 Ethereum roadmap diagram onto the Ethereum Foundation’s current strawmap on Monday and said the most striking part of the comparison is the set of items that were not on the 2023 diagram in any form: privacy, defenses against quantum computers, and an execution… Read the full story at The Defiant
Ether Products Lead $600M Crypto ETP Flow Rebound in July
Global crypto exchange-traded products drew a net $600 million in July, their first positive month since April, 21Shares said in a monthly flows report published Aug. 10. Ether-native products took $350 million of that, roughly twice the $176 million that went into bitcoin-native products. XRP… Read the full story at The Defiant
Robinhood’s Head of Product Reveals How Robinhood Chain Hit 200M Transactions in 30 Days
🎧 Listen to Interview 💻 Watch Video… Read the full story at The Defiant
Two Prediction Markets Shut Down Hours Apart as Kalshi and Polymarket Take 93% of Volume
Two crypto prediction market startups announced they were winding down within 90 minutes of each other on Monday morning, both giving users until Sept. 30 to pull their money out. The venues that closed sat at opposite ends of the market. Trepa built its own mechanism on Solana, paying users by how… Read the full […]