Crypto firm LevelField secures Illinois approval to buy Chicago bank

Crypto firm LevelField secures Illinois approval to buy Chicago bank

LevelField could become the first crypto-friendly FDIC-insured bank to offer crypto services after receiving approval from the Illinois financial regulator to acquire Burling Bank. Digital asset-focused fintech firm LevelField Financial said it has secured conditional regulatory approval to acquire Chicago-based Burling Bank, marking one of the most notable crypto-banking acquisitions in recent months. The move…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, CoinShares reported Monday that crypto investment products saw their largest outflow of funds since February amid an ongoing period of market panic, Bitcoin briefly…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, Solari Capital, led by AJ Scaramucci, has put more than $100 million into American Bitcoin, a crypto executive weighs in on investor outlook beyond…

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Crypto treasuries and blockchain are paving the way for decentralized science

Crypto treasuries and blockchain are paving the way for decentralized science

Crypto treasury companies and blockchain technology are creating alternative pathways to fund early-stage scientific and medical research. Biomedical and scientific companies are turning to blockchain technology and crypto treasury strategies to fund research, overhauling traditional capital formation and research funding structures that can delay life-saving cures by decades. Portage Biotech, a biomedical technology company, pivoted…

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Here’s what happened in crypto today

Here’s what happened in crypto today

Need to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, NFTs, Web3 and crypto regulation. Today in crypto, US spot Bitcoin exchange-traded funds (ETFs) saw $866 million in outflows as the US government shutdown ended, pushing BTC to a six-month low and…

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MoonPay launches enterprise stablecoin suite with M0, taps ex-Paxos leaders

MoonPay launches enterprise stablecoin suite with M0, taps ex-Paxos leaders

The move pushes MoonPay deeper into stablecoin infrastructure, giving issuers a ready-made stack for launching fully backed digital dollars across multiple chains. Crypto payments platform MoonPay has launched a new stablecoin suite that allows companies to issue and manage stablecoins across multiple blockchains, supported by an integration with M0. The collaboration offers enterprises a stack…

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Why crypto’s infrastructure hasn’t caught up with its ideals

Why crypto’s infrastructure hasn’t caught up with its ideals

Distributed cloud projects aim to reduce blockchain’s heavy dependence on centralized providers like AWS. Periodic service disruptions and capacity strain on centralized cloud infrastructure have created an opening for companies building distributed networks. Supporters of the distributed approach argue that spreading workloads across several smaller nodes reduces concentration risk. They say the model could be…

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