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H100 Group records $10.3M quarterly loss as Bitcoin weighs on earnings

Sweden-listed H100 Group has reported a pre-tax loss of 98 million Swedish kronor ($10.3 million) for the second quarter as the decline in Bitcoin’s price weighed on the company’s treasury holdings. H100 Group said in its interim report published Wednesday…

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Ripple raises $275 million to fund prime brokerage expansion

Ripple has raised $275 million through an upsized senior note offering by Ripple Prime to fund the brokerage unit’s expansion across financing, clearing, and other financial services in the United States. Ripple said Tuesday that the senior unsecured notes were…

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Bitway price retreats after 250% surge, but momentum holds

Bitway price pulled back after briefly reaching a record high near $0.775 on Aug. 19, but strong capital inflows and a bullish trend structure suggest buyers have not yet lost control. Bitway price cools after reaching a record high According…

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Global card issuing: What businesses need to know

WasabiCard is positioning its global card issuing infrastructure as a solution for businesses managing cross-border payments, distributed teams, and global operations. As remote work, cross-border e-commerce, digital advertising, and globally distributed teams continue to expand, the operating boundaries of modern…

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Here’s is everything investors need to know about staking XRP

XRP does not support native staking, but lending platforms such as LendProtocol offer an alternative through fixed-rate XRP and RLUSD deposits. No — XRP cannot be staked. The XRP Ledger does not run on proof-of-stake consensus, which means there are…

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Telegram applies for .gram domain to offer users personal websites

Telegram has applied to ICANN for the .gram top-level domain, which could allow more than one billion Telegram users to register addresses such as yourname.gram and build Telegram-hosted websites if the application is approved. Pavel Durov, Telegram’s founder, said in…

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Nexo Australia launches regulated crypto-backed Credit Lines

Nexo Australia launched regulated crypto-backed Credit Lines after being appointed as a Credit Representative. Nexo Australia has launched crypto-backed Credit Lines after being appointed as a Credit Representative in Australia. The service lets eligible clients borrow against digital assets without…