Palmer Luckey and Peter Thiel Back New Bank Erebor to Fill Gap Left by Silicon Valley Bank – News Bytes Bitcoin News
Tech billionaires Palmer Luckey and Peter Thiel are launching Erebor Bank to serve startups and crypto firms, filling the void left by Silicon Valley Bank’s collapse.
Meta vs. OpenAI: The AI Talent War Goes Crypto – Brave New Coin
Meta aggressively hires top AI talent from OpenAI and others, sparking a high-stakes talent war. The company invests heavily in AI and explores blockchain for decentralized compute solutions.
Ripple Boosts RLUSD Adoption With Embedded Finance and Payment Features – Featured Bitcoin News
Ripple enhances RLUSD stablecoin adoption through embedded finance features, partnering with Openpayd to enable global blockchain payments and enterprise treasury solutions.
XRP Strategy Strengthens as Webus Secures $100M Equity Line Agreement – Finance Bitcoin News
Webus International secures $100M equity line to enhance its XRP treasury strategy, expand crypto payments, and drive growth in mobility and loyalty sectors globally.
Crypto VC funding drops 22% in Q2 despite strong June finish
Crypto VC funding fell 22% in Q2 to $4.5B despite June’s $2.5B surge. DeFi infrastructure and AI projects led, with North America dominating later-stage deals. Year-to-date funding already surpassed 2024’s total.
Ripple Expands Stablecoin Push With OpenPayd Integration
Ripple partners with OpenPayd to integrate its Ripple USD stablecoin (RLUSD) into Ripple Payments, enabling seamless fiat-to-crypto conversions and expanding cross-border payment capabilities.
Binance Pay Lights Up French Riviera: 80+ Merchants Now Take Stablecoins Instantly
Binance Pay partners with Lyzi to enable crypto payments at 80+ French Riviera merchants, including luxury hotels and retail stores, with instant euro settlements for businesses.
Bithumb Launches Spinoff as Part of IPO Bid, But Market Is ‘Wary’
Bithumb launches a spinoff company as part of its IPO bid for KOSDAQ listing in 2026, amid market concerns over ownership and regulatory approvals.
Algorand Grabs 70% of RWA Market as Stablecoins Surge 137%
Algorand dominates 70% of the RWA tokenization market with $268.2 million in assets, far ahead of competitors. Its stablecoin market cap surged 137% in Q1 2025, led by USDC growth.
JPMorgan Chase Exploring Tokenizing Carbon Credits on Blockchain in New Trial: Report – The Daily Hodl
JPMorgan Chase is trialing blockchain-based tokenization of carbon credits with partners to address market fragmentation, lack of standardization, and transparency issues in carbon markets.
