The Cointelegraph Press Review

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• Tempo, Stripe’s new blockchain, hits $5B valuation in $500M funding round
  Led by Thrive Capital and Greenoaks, the raise comes less than two months after Stripe unveiled its layer-1 blockchain for stablecoin and real-world payments. Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit Capital […]
• 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, Ondo Finance is urging the US SEC to delay or reject Nasdaq’s tokenized securities proposal. Meanwhile, Japan’s top banks are reportedly planning a joint […]
• Huobi founder raises $1B as part of Ether trust strategy: Report
  The founder of the Chinese cryptocurrency exchange plans to announce the trust within a few weeks, with the backing of Ether supporters. Li Lin, the founder of cryptocurrency exchange Huobi and chair of investment company Avenir Capital, has reportedly raised about $1 billion as part of a strategy to invest in Ether.According to a Bloomberg […]
• Ethereum Foundation veteran Dankrad Feist joins Stripe’s Tempo team
  Feist, who is one of the Ethereum Foundation's key researchers, said that Tempo and Ethereum share similar values and "complement" each other. Dankrad Feist, a longtime Ethereum developer and researcher at the Ethereum Foundation, announced Friday that he’s joining Tempo, a layer-1 blockchain for payments and stablecoins built by Stripe and Paradigm.Feist said he will […]
• Public companies hold $110B BTC, but which are profiting from the Bitcoin standard?
  Public companies now hold over 1 million Bitcoin worth $110 billion on their balance sheets, but only early adopters with disciplined strategies have seen major gains. Key takeaways:Early adopters with disciplined Bitcoin strategies outperform peers by 286% on average.Holding Bitcoin alone doesn’t guarantee stock gains as operational strength matters.Read more
• BitMEX co-founder’s family office seeking $250M for private equity fund: Report
  The fund, to be run by Arthur Hayes and two associates, reportedly plans to use $40 million to $75 million for each acquisition of up to six crypto companies. Maelstrom, the family office connected to BitMEX co-founder Arthur Hayes, is reportedly looking to raise $250 million for a private equity fund aimed at acquiring crypto […]
• ETH bulls unmoved by surprise sell-off below $3.7K: Here’s why
  Ether’s price rebound potential hinges on improving US credit and labor data, as traders show caution after recent liquidations and volatility in derivatives markets. Key takeaways:ETH futures premium shows traders are staying cautious and avoiding heavy leverage even as banking stocks rebound from recent credit concerns.Ether whale activity near $3,700 suggests limited bearish conviction, though […]