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, competition in the Bitcoin mining industry is intensifying, with smaller miners gaining ground on their larger rivals in realized hashrate. Meanwhile, Ferrari is deepening…

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Citi invests in stablecoin firm BVNK as Wall Street deepens crypto push

Citi invests in stablecoin firm BVNK as Wall Street deepens crypto push

Citigroup’s venture arm has invested in London-based stablecoin firm BVNK as Wall Street accelerates its push into blockchain-powered payments. Citigroup’s venture arm, Citi Ventures, has invested in BVNK, a London-based stablecoin infrastructure firm building global payment rails for digital assets. BVNK declined to disclose the size of Citi’s investment or its current valuation. However, co-founder…

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