APT: APT (Aptos) is a Layer 1 Proof-of-Stake (PoS) blockchain that uses the Move programming language, a smart contract language originally developed by engineers working on Meta’s Diem blockchain project. Aptos aims to drive mainstream Web3 adoption by supporting a scalable and secure ecosystem of decentralized applications (dApps) designed to address real world use cases….
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A long-dormant Bitcoin fortune tied to a convicted Irish criminal has resurfaced, marking a breakthrough in a case that has puzzled authorities for nearly a decade. – On March 24, officials transferred 500 BTC, worth approximately $35 million, in what they described as a coordinated enforcement operation. Ireland’s Criminal Assets Bureau (CAB), working alongside Europol,…
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Tether has engaged a Big Four accounting firm to conduct a massive independent financial audit. The company says the audit will cover reserves backing its USDT stablecoin, which holds a market capitalization of more than $184 billion and serves over 550 million users worldwide. Tether describes the review as one of the largest inaugural audits in…
The Solana Foundation launched the Solana Developer Platform on March 24, an API-driven toolkit bundling 20+ infrastructure partners to let enterprises build financial applications on Solana without deep blockchain expertise. Mastercard, Western Union, and Worldpay are testing the platform in sandbox, exploring stablecoin settlement, cross-border payments, and merchant settlement respectively. The platform ships with three…
Months after exiting global contracts for differences (CFDs) operations, the owners of AETOS have sold the only remaining Australian operations to Dynamic Fintech Solutions, another Aussie fintech solutions company. Before the sale, it was mostly controlled by Chinese online entrepreneur Yongqiang Lu. Singapore Summit: Meet the largest APAC brokers you know (and those you still…
In brief Scott Buchanan has resigned as CEO and director, while MoneyGram’s Alex Holmes was named CEO and chairman. Holmes said his priorities include stabilizing operations, improving regulatory standing, and diversifying the business. The changes come as Bitcoin Depot faces tighter scrutiny and expects core revenue to fall this year. Bitcoin Depot has replaced its…
Robinhood has approved a new $1.5 billion share repurchase program, giving the company more than $1.1 billion of additional capacity as management signals confidence in its strategy and financial strength. The company said it expects to execute the refreshed authorization over about three years, while keeping flexibility to move faster if market conditions allow. The…
The Solana Foundation and its affiliates, such as Monke Foundry, distribute tens of millions in grants each year. This week, a public debate about support for builders on Solana spilled into full view, with Vibhu Norby, the Solana Foundation’s chief product officer, posting a detailed rebuttal, where they cited $650 million raised by alumni…