The $1.1 billion deal is the crypto industry's largest acquisition to date, representing a significant jump from Bridge's prior $200 million valuation.
Payments company Stripe has acquired stablecoin platform Bridge in a $1.1 billion transaction, marking the largest acquisition in the crypto industry to date. Techcrunch founder Michael Arrington confirmed the news through a post on X, emphasizing th
Stripe is acquiring Bridge for approximately $1.1 billion. The deal reflects growing interest in cryptocurrency services. Continue Reading:Stripe Acquires Bridge to Expand Cryptocurrency Services The post Stripe Acquires Bridge to Expand Cryptocurren
Asset management titan BlackRock is reportedly in talks with numerous crypto exchange platforms about using its proprietary token BUIDL as collateral for derivatives contracts. According to a new report by Bloomberg, anonymous people familiar with th
Payments giant Stripe is in advanced discussions to acquire the San Antonio-based stablecoin platform Bridge for $1 billion, according to reports by Bloomberg and Forbes. Founded by former Coinbase employees Zach Abrams and Sean Yu, Bridge specialize
At an event in San Francisco, co-inventors Alex Blania and Sam Altman unveiled significant updates to their project, now known as the World Network. Among the five key announcements was the introduction of a new generation Orb, designed to enhance th
Stripe is in talks to acquire crypto startup Bridge for $1 billion, expanding its stablecoin and crypto payment capabilities
In the latest episode of Regina’s Web3 Gaming Odyssey, she explored the fast-paced, blockchain-powered universe of Spider Tanks—a game that merges PvP combat with NFT-driven customization. Learn why Regina thinks this Ethereum-based game stands out.
Fink's view that the utilization of assets will become increasingly significant worldwide.
Bitcoin infrastructure firm Blockstream announced a $210 million funding round. Fulgur Ventures led this substantial cash inflow, which will primarily focus on Layer-2 Bitcoin Development. Blockstream will also allocate some of these funds towards mi
Concerns over the security of Cosmos Hub’s Liquid Staking Module have intensified following revelations that North Korean agents allegedly played a key role in its development. Blockchain development firm All in Bits has issued a stark warning to the
Ronin Network selected Chainlink’s CCIP to enhance security after a competitive process. Chainlink’s protocol offers multiple security layers, reducing the risk of attacks on the Ronin Bridge. Blockchain gaming platform Ronin has announced the integr
Celestia (TIA) has displayed a remarkable performance over the week, swiftly recovering from the early October crash. The token is now leading the crypto market’s recovery in the daily timeframe, suggesting a possible continuation of its bullish mome
The $254 million inflow day was the third-largest ever on days when BlackRock’s IBIT failed to contribute.
IDA Finance’s use of Chainlink Proof of Reserves and CCIP products aims to boost cross-chain operability and asset security.
Crypto exchange behemoth Binance on Tuesday unveiled a vital announcement on Tornado Cash (TORN), Vai (VAI), OMG Network (OMG), Waves (WAVES), NEM (XEM), BarnBridge (BOND), Dock (DOCK), Mdex (MDX), Polkastarter (POLS), and Pundi X PURSE (PURSE) token
XAI Games has collaborated with Novadash and Spiral DAO to offer Liquid Locker as a feature to let users get rewards while maintaining liquidity.
Inflationary ETH and its performance against Bitcoin challenge the idea that Ethereum is money.
SHIB bulls buckling up for Uptober ride
Pseudonymous Shiba Inu proponent and SquidGrow founder Shibtoshi has tipped Shiba Inu to continue the recent uptrend, citing growing traction… The post Shibtoshi Says Shiba Inu Can Sustain Recent Price Surge first appeared on The Crypto Basic.