Banks assess stablecoins as payments competition grows
Banks are considering stablecoins as payment competition grows from crypto companies and other digital networks.
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Banks are considering stablecoins as payment competition grows from crypto companies and other digital networks.
A wallet believed linked to Andreessen Horowitz (a16z) bought 282,090 Hyperliquid (CRYPTO:HYPE) worth about US$24 million.
An anonymous wallet withdrew 95,928 Solana (CRYPTO:SOL) from Coinbase, worth about US$9.74 million.
A wallet linked to Hack VC transferred 21.85 million Ethena (CRYPTO:ENA) tokens to Wintermute.
Nvidia, the chipmaker at the heart of the artificial intelligence boom, said it forecasts revenue growth of about 70% in fiscal 2028. Analysts had predicted 45%. The upbeat outlook offered relief to investors concerned about a bubble in the AI economy. Bloomberg's Tom Mackenzie has more.
FinTax completed a seed funding round led by YZi Labs at a US$40 million post-money valuation.
Philippine Stock Exchange President and CEO Ramon Monzon discusses efforts to boost market liquidity, expectations for capital raising, and the outlook for major IPOs including GCash and PLDT's data center unit. He appeared exclusively on Bloomberg's "Insight with Haslinda Amin."
Cardano (CRYPTO:ADA) and Solana (CRYPTO:SOL) face governance challenges as voter participation remains low.
Shaun Day, Managing Director at Greatland Resources, discusses the gold and copper producer's full-year results, which saw its annual profit more than double. He also discusses its outlook for output in fiscal 2027. He speaks exclusively with Haidi Stroud-Watts on "Bloomberg: The Asia Trade".
Solana (CRYPTO:SOL) could reduce future token issuance by about US$1.5 billion under two governance proposals.
Sarita Singh, MD of Southeast Asia, Greater China and South Korea at financial infrastructure firm Stripe believes artificial intelligence is now accelerating the progress of the Internet economy. She speaks with Haslinda Amin on "Insight with Haslinda Amin.
Unstoppable Domains dropped nine Web3 domain applications in ICANN’s 2026 round.
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