Cryptocurrency
USDC, EURC Come to SAP Payments Through Circle Deal
The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use.
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Cryptocurrency
Wells Fargo in talks with Kraken parent Payward for crypto trading liquidity
Payward, the parent company of crypto exchange Kraken, is in talks to become a crypto liquidity provider to U.S. financial giant Wells Fargo (WFC), according to two people with direct knowledge of the matter.Under the potential deal, Wyoming-based Payward...
Cryptocurrency
US Lawmaker Pushes Ban on Candidates Betting on Their Own Elections
Key TakeawaysDon Davis’ bill would bar federal candidates from betting on their own races.Kalshi banned Laurie Buckhout for 3 years, intensifying scrutiny of political betting.FEC would track candidates weekly, under the proposed law, while violations could trigger fines of...
Cryptocurrency
Polymarket’s Shayne Coplan Calls Chasing 100x Tokens ‘Irrational Exuberance’
Cryptocurrency trading is becoming a game of “irrational exuberance” as traders race to be among the earliest investors to find the next 100x token, according to Shayne Coplan, the CEO of prediction market platform Polymarket.“People think they’re buying something,...
Cryptocurrency
Kalshi’s 15-Minute Gold Markets Overtake Ether
Kalshi’s 15-minute gold markets generated nearly twice the estimated trading fees of equivalent Ether markets in September, just weeks after their August launch. The gold contracts, which let traders take positions on whether gold will rise or fall over 15-minute...
Cryptocurrency
Bitcoin.de Seeks New Model After BaFin Rejects MiCA Bid
Bitcoin Group SE says it is seeking an alternative operating model for its bitcoin.de platform after the German Federal Financial Supervisory Authority (BaFin) refused its subsidiary futurum bank AG’s application for authorization as a crypto-asset service provider under Markets...
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More than 5,000 die from Ebola in DR Congo’s deadliest outbreak
More than 5,000 people have died from an ongoing Ebola outbreak in the Democratic Republic of Congo, government data...