Category: The Ledger Edge
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.