The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations.
The messaging platform will use most of the proceeds to repay existing bondholders, with the remainder allocated as working capital to support ongoing operations.
The news comes at a time when many banks are considering issuing their own private stablecoins.
Business-to-business transactions and card-linked stablecoin payments have grown, while Tether’s USDt has established dominance.
The first atomic swap, conducted on May 27, saw $2 million in USDC exchanged for the new mTBILL.
OFAC claims Funnull Technology purchased a code repository used by web developers and altered it to redirect legitimate websites to scam websites.
Coinbase’s layer-2 blockchain Base saw a short-lived surge in transactions per second amid a token launch on the Virtuals AI platform.
SEC Commissioner Hester Peirce has backed the guidance, saying it gives clarity to stakers, while her peer Caroline Crenshaw claims it ignores existing laws.
Ethereum price is up today after the biggest altcoin confirmed a bull flag pattern with record open interest backing Ether’s upside potential.
Bubblemaps aims to offer forensic-grade analytics tools for Web3 users to help navigate the rise of insider scams and rug pulls in the crypto industry.
Solana’s reliance on memecoins threatens long-term growth as Ethereum gains strength through layer-2 expansion.