Ripio stated that the Argentine peso stablecoin, wARS, would be available on Ethereum, World Chain, and Base, as a key element to expand the exchange’s infrastructure in Latam. It stated that additional local stablecoins would be launched to support several use cases using blockchain tech. Ripio Debuts Digital Peso in Argentina, Plans Local Currency Stablecoin […] Source
Australian Federal Police (AFP) Commissioner Krissy Barrett announced that an agency data scientist successfully cracked two password-protected crypto wallets, recovering millions in digital assets linked to organized crime. The Challenge of the Criminal’s Wallet Australian Federal Police (AFP) Commissioner Krissy Barrett revealed on Oct. 29 that one of the agency’s data scientists has successfully cracked […] Source CryptoX Portal
Key Notes The digital euro pilot phase launches in 2027 with first issuance planned for 2029, subject to legal framework approval. Critics argue CBDCs enable government surveillance and financial control despite ECB claims about privacy protection and sovereignty. Community responses question the democratic legitimacy of the project, noting public consultations showed European opposition to CBDCs. The cryptocurrency community is pulling no punches in its continuing rebuke of the European Central Bank’s recently announced decision to advance its digital euro project to the next phase. The ECB recently updated its roadmap…
US Treasury Secretary Scott Bessent praised Singapore’s leadership in stablecoin and digital asset adoption during a meeting with Prime Minister Lawrence Wong on Friday, according to an official readout from the US Department of the Treasury. The discussion was held at the Asia-Pacific Economic Cooperation (APEC) 2025 summit in Gyeongju, South Korea, where world leaders are meeting to discuss global growth, energy security and technology. Bessent also told APEC leaders during the Economic Leaders’ Informal Dialogue that through their work with APEC economies, the US is “seeing record levels of…
Fintech Pave Bank has raised $39 million in a Series A funding round led by venture capital firm Accel. The company offers programmable banking solutions for businesses, combining crypto and fiat services. The round included participation from Tether Investments, Wintermute, Quona Capital, Helios Digital Ventures, Yolo Investments, Kazea Capital, Financial Technology, and GC&H Investments, bringing the company’s total funding to about $45 million, according to the Economic Times. Founded in 2023 by fintech veterans Simon Vans-Colina, Salim Dhanani, and Dmitry Bocharov, Pave Bank provides institutional and corporate clients with both…
Galaxy Digital (GLXY) shares closed over 8% higher on Tuesday following blow-out Q3 earnings. The positive results prompted a number of brokers to raise their price targets on the stock. The company led by Mike Novogratz posted a record quarter, fueled by a massive $9 billion bitcoin BTC$108,132.89 trade linked to a Satoshi-era wallet, broker Cantor said in a research report Tuesday. The broker reiterated its overweight rating on Galaxy shares and raised its price target to $53 from $45, attributing the revision primarily to a higher valuation for the…
Key Notes The expansion leverages power from Paraguay’s Itaipú Dam, positioning the site as the country’s largest renewable mining facility by 2026. Hive’s global hashrate has surged from 6 EH/s to nearly 22 EH/s in 2025, with plans to reach 25 EH/s by year-end. Despite operational momentum, Hive’s stock declined 3.58% on October 21 after a volatile month marked by a single-day 28% spike earlier in October. Hive Digital Technologies has finalized an agreement to build a 100-megawatt hydroelectric-powered data center at its Yguazú site in Paraguay, marking a key…
Galaxy Digital reported strong third-quarter earnings results, driven primarily by higher trading activity and continued expansion in asset management, signaling steady institutional interest in crypto-focused financial services. The company reported net income of $505 million for the quarter ending Sept. 30, with adjusted earnings of $629 million, boosted by record results in its digital asset operations and investment gains. Galaxy closed the quarter with $3.2 billion in equity, including $1.9 billion in cash and stablecoins. Galaxy’s Q3 2025 results. Source: Galaxy Trading volumes jumped 140% from the previous quarter, fueled…
Key Notes The firm executed a landmark $9 billion Bitcoin transaction involving approximately 80,000 BTC on behalf of institutional clients. Digital asset trading volumes surged 140% from the previous quarter, propelling adjusted EBITDA to $629 million for the period. Galaxy’s stock price climbed over 6% following the earnings announcement, reflecting strong investor confidence in its diversification strategy. Galaxy Digital Inc. (Nasdaq: GLXY) reported net income of $505 million for the third quarter of 2025, with diluted earnings per share hitting $1.01. The company’s Q3 adjusted EBITDA stood at $629 million,…
Wise, the global currency exchange and payment platform, is hiring a digital-asset product lead with a focus on stablecoins, a move that could signal the company’s expansion into the cryptocurrency space amid improving global regulation. Wise’s product director, Matthew Salisbury, posted the position on LinkedIn last week. The role will be based in London, where Wise’s global headquarters are located. “If you’ve built wallets and/or payments solution based on stablecoins and you now want to do it at Wise apply through the ad or DM me,” Salisbury wrote. Source: Matthew…