Exodus pivots to payments as revenue mix shifts
Exodus Movement has reached a “critical threshold” in its transition from a self-custody wallet provider to a broader crypto payments platform, according to Benchmark.
Exodus Movement has reached a “critical threshold” in its transition from a self-custody wallet provider to a broader crypto payments platform, according to Benchmark.
Circle surged 19.89% to $119.53 as crypto-related stocks rallied on renewed momentum around the Clarity Act, which aims to regulate stablecoin yields in the US.
Bitcoin is drawing attention as it enters May with two consecutive monthly gains, putting the market on track for a rare three-month winning streak.
David Schwartz said cryptocurrency represents a “once-in-a-generation” opportunity to build wealth, even as he has shifted most of his personal portfolio into more stable assets.
The US and Iran exchanged fire in a flareup of violence that also drew in the UAE, prompting calls for renewed strikes on Iranian targets and casting doubt on the fate of a four-week ceasefire. But Former US Ambassador to Saudi Arabia, Robert W. Jordan told Bloomberg's Horizons Middle East and Africa anchor Joumanna Bercetche that a flareup could mean the two parties are close to a deal.
Apple has held exploratory discussions about using Intel and Samsung to produce the main processors for its devices in the US. According to people familiar with the deliberations, Apple had early-stage talks with Intel about enlisting the company's chipmaking services. Apple executives also made visits to a Samsung plant under development in Texas. The move would offer a secondary option beyond longtime partner TSMC. Bloomberg's Neil Campling explains.
Depository Trust & Clearing Corporation has selected Ondo Finance to join an industry working group focused on developing tokenisation standards for US capital markets.
Polygon has launched a private stablecoin payments feature aimed at attracting institutional users by enabling confidential onchain transactions.
Bitmine Immersion Technologies Chairman Tom Lee said the crypto market has entered a new “crypto spring” phase, pointing to strengthening prices despite continued bearish sentiment.
Nine Texas residents have filed a lawsuit against MARA Holdings, alleging its Granbury Bitcoin mining facility generates constant noise and vibrations that harm health and disrupt daily life.
The US and Iran exchanged fire in the Persian Gulf in a flareup of violence on Monday that also drew in the United Arab Emirates. Bloomberg's Joumanna Bercetche reports.
A US government-backed evaluation claims China’s leading AI model lags the frontier by eight months, but experts are challenging the methodology and conclusions.