NEW ECONOMY

NextBlock invests $3M in Soda Labs’ seed funding round. Soda Labs expands its privacy infrastructure across major blockchains. Soda plans to scale adoption, validators, and financial integrations.NextBlock has invested $3 million in Soda Labs’ seed round, funding the entire closed round...

The crypto industry’s heavy backing of US Republicans has alienated Democrats whose support is needed to pass federal crypto legislation, says former New York Governor Andrew Cuomo.Speaking in a panel with OKX CEO Star Xu at Token2049 on Tuesday,...

Amid a workforce shortage in the hospitality industry, Marriott International is focusing on employee development to improve its talent acquisition and retention. The U.S.-headquartered hotel chain, which has a European portfolio of over 800 properties, ranks 15th on Fortune’s 100...

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The partnership with SAP-backed Tereina will let businesses send and receive Circle’s stablecoins from within the financial software they already use. Source link

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...

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 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,...