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ForkLog 16 20.05.2025

Circle’s Potential Withdrawal from IPO and $5 Billion Sale Rumored

Circle’s IPO may not proceed as the USDC issuer is reportedly in talks with Coinbase and Ripple to sell its business for at least $5 billion, according to sources cited by Fortune. The discussions are taking place as the company prepares to enter the stock market. Earlier in May, media outlets reported Ripple’s attempt to […]

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ForkLog 24 16.05.2025

Fireblocks: Institutional Embrace of Stablecoins Grows

Nine out of ten institutions are planning or already using stablecoins, primarily focusing on cross-border payments, according to Fireblocks. Representatives of the digital asset platform surveyed 295 executives from banks, financial institutions, fintech companies, and payment services. 49% of respondents stated they have added support for stablecoins, 23% are conducting pilot tests, and another 18% […]

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ForkLog 55 14.05.2025

Synthetix to Reintegrate Derive Options Protocol in $27 Million Deal

The team behind the DeFi platform for synthetic assets, Synthetix, has proposed the acquisition of a former ecosystem project—the decentralized options protocol Derive (formerly Lyra). As part of our full-force drive towards Synthetix v4 on Ethereum mainnet, a new proposal has just dropped: Synthetix to acquire @derivexyz Perps & options Exchange https://t.co/wC7jRyCJqR… Let’s break it […]

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ForkLog 15 13.05.2025

Galaxy Digital Reports $295 Million Quarterly Loss Ahead of Nasdaq Listing

Galaxy Digital has completed its transition to the U.S. market ahead of its planned Nasdaq listing on May 16, 2025, and reported a $295 million loss for the first quarter. During a special meeting on May 9, shareholders voted for the redomiciliation of the firm from the Cayman Islands to Delaware. The SEC approved the […]

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ForkLog 37 13.05.2025

Robinhood to Acquire Crypto Platform WonderFi for $179 Million

Online broker Robinhood has finalized an agreement to acquire Canadian crypto company WonderFi, which manages assets worth 2.1 billion CAD ($1.5 billion). Robinhood has signed an agreement to acquire @WonderFi, a Canadian leader in crypto products. We’re excited to partner with WonderFi to accelerate Robinhood’s mission in Canada. More details: https://t.co/B2ygTDYOPw pic.twitter.com/9u1c0vJeWV — Robinhood (@RobinhoodApp) […]

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ForkLog 51 09.05.2025

Steak ‘n Shake to Accept Bitcoin Payments Across All Locations

Starting May 16, the fast-food chain Steak ‘n Shake, with locations in the US, Europe, and the Middle East, will begin accepting Bitcoin as payment in all its restaurants. Steak n Shake accepting Bitcoin payments at all locations starting May 16, making the cryptocurrency available to our more than 100 million customers. The movement is […]

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ForkLog 33 09.05.2025

Meta Explores Stablecoin Integration

Meta, the parent company of Facebook and WhatsApp, is exploring the integration of stablecoin payments on its platforms. This is reported by Fortune, citing informed sources. According to journalists, the corporation has consulted with several firms related to crypto infrastructure but has not yet decided on further actions. Meta may add support for several tokens, […]

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ForkLog 79 08.05.2025

Revolut Introduces Bitcoin Payments via Lightning Network

Customers of the fintech company Revolut in the UK and certain countries within the EEA can now make fast and inexpensive bitcoin transactions through the Lightning Network (LN) micropayment system. The partnership was established with David Marcus’s Lightspark. Users also have access to MoneyGrid, a payment routing service based on LN. It simplifies cross-border fund […]

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ForkLog 21 08.05.2025

Coinbase Strikes $2.9 Billion Deal to Acquire Deribit

Cryptocurrency exchange Coinbase has agreed to acquire Deribit, the largest platform for trading Bitcoin options. The deal is valued at $2.9 billion, sources confirmed to WSJ. This acquisition will strengthen the position of the largest American crypto company in the derivatives market, where it has so far lagged behind Binance and OKX. Deribit accounts for […]

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ForkLog 119 30.04.2025

Where to get a crypto licence in 2025: a survey of jurisdictions

Amid tighter regulation and governments’ growing interest in building bitcoin reserves, more firms are hunting for jurisdictions with a tolerant approach to digital assets—minimal red tape and clear rules. In this article, together with Yulia Barabash, managing partner at the law firm SBSB Fintech Lawyers, we examine the key questions around crypto-business licensing in 2025. […]

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ForkLog 10 25.04.2025

Industry Participants Share Expectations for New SEC Chair

The cryptocurrency industry braces for significant regulatory transformation following the appointment of Paul Atkins as the head of the SEC. Cointelegraph has compiled opinions from several industry leaders. During his confirmation hearings, Atkins identified the establishment of a clear and understandable regulatory framework for digital assets as his priority. He emphasized his intention to focus […]

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ForkLog 48 25.04.2025

TON Foundation Appoints MoonPay Co-founder as New CEO

The TON Foundation, the organization behind the development of The Open Network (TON), has appointed MoonPay co-founder Maximilian Crown as its new CEO. The entrepreneur played a significant role in advancing finance and operations, according to the non-profit organization. His expertise is expected to help TON Foundation expand its market influence. The leadership changes come […]

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