Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. A Bitcoin (CRYPTO: BTC) user paid a staggering $105,197 to transfer a mere $10 worth of the cryptocurrency, raising questions within the digital asset community. Costly Error Baffles Experts Late Monday, blockchain data revealed that a Bitcoin user mistakenly paid over $105,197 to transfer a meager 0.00010036 BTC.  The funds were sent to a deposit wallet on Kraken, one of the most popular cryptocurrency e ...

In September, Visa (NYSE: V) unveiled its stablecoin pre-funding pilot at SIBOS 2025, introducing a faster and more flexible model for cross-border payments for businesses through Visa Direct. Months later, at Web Summit in Lisbon, Visa just took another step in its broader push to merge blockchain technology with its global payments network. Visa brings stablecoins to creators, gig workers On Nov. 12, 2025, Visa unveiled a new Visa Direct pilot designed to deliver near-instant payouts in USD-backed sta ...

Visa is testing a system that lets businesses send payments directly to stablecoin wallets instead of to a card or bank account, the company announced Wednesday at Web Summit in Lisbon. Funds are delivered in dollar-backed stablecoins, such as Circle Internet's (CRCL) USDC, Visa said. The pilot targets creators, freelancers and gig workers who often face delays in accessing their pay, especially when working across borders. Businesses can fund the payouts in fiat currency, while recipients choose to rece ...

Acquisition talks between Coinbase and the UK-based stablecoin infrastructure startup BVNK have fallen through, according to a report from Fortune yesterday (November 11). Although not mentioned, there is a strong possibility that the recent Bank of England stablecoin framework proposal contributed to Coinbase’s decision to walk away from the deal. The proposed deal would have seen Coinbase acquire BVNK for an estimated $2Bn, and would’ve been a huge move for the UK/GBP stablecoin industry. However, the m ...

Wall Street broker Bernstein said the U.S. has taken a decisive step toward becoming the world’s crypto capital with the rollout of a comprehensive regulatory framework. The GENIUS Act, now law, accelerated the stablecoin market, pushing U.S. dollar–backed supply beyond $260 billion, the broker said in a Wednesday report. The forthcoming CLARITY Act, expected in late 2025, will establish the first cohesive market structure for digital assets, clearly dividing responsibilities between the Securities and Ex ...

Core Insights - SoFi Technologies has become the first nationally-chartered bank to offer consumer cryptocurrency trading, marking a significant development in the intersection of banking and cryptocurrency [1][2] - The newly launched platform, SoFiCrypto, allows customers to buy, sell, and hold cryptocurrencies like Bitcoin, Ethereum, and Solana, with a phased rollout to more members in the coming weeks [2][3] Company Developments - The CEO of SoFi, Anthony Noto, emphasized that this initiative represents a pivotal moment for integrating banking and cryptocurrency on a trusted platform, aligning with the company's mission to assist members in managing their finances effectively [2][3] - SoFiCrypto enables members to purchase cryptocurrencies directly using funds from their SoFi Money checking or savings accounts, eliminating the need for transferring funds to a separate account [3] Industry Context - The platform includes educational resources and guidance for new cryptocurrency users, aiming to help them make informed decisions regarding their financial lives and risk tolerance [4] - SoFi's previous digital asset initiatives include SoFi Pay, a blockchain-enabled remittance service, and plans for a SoFi-branded stablecoin by 2026 were hinted at during a recent earnings call [4]

Core Viewpoint - The collaboration between Mercurity Fintech Holding Inc., M2M Capital Inc., and Chaince Securities aims to enhance liquidity and price discovery in private markets by integrating AI-powered valuation technology with blockchain infrastructure and broker-dealer execution platforms [1][2][3]. Group 1: Collaboration Details - The strategic collaboration will combine M2M's AI valuation technology, MFH's blockchain infrastructure, and Chaince's execution platform to create a real-time asset valuation and tokenization platform for private markets [2][3]. - The initial phase will involve a pilot integration of M2M's valuation platform into MFH's infrastructure, serving as a proof of concept for real-time valuation and tokenization of private-market assets [5][6]. Group 2: Market Challenges - Private markets face issues such as limited price transparency, illiquidity, and inefficient valuation processes, which this collaboration aims to address through the integration of AI and blockchain technology [3][4]. - The collaboration is expected to provide institutional-grade analytics to Chaince clients and private placement networks, aligning with the demand for improved liquidity and price discovery [4][6]. Group 3: Company Backgrounds - Mercurity Fintech Holding Inc. is a blockchain-powered fintech group that offers technology and financial services, aiming to bridge traditional finance and digital innovation [7]. - M2M Capital Inc. is an AI-powered valuation and analytics platform that provides real-time, independent valuation insights across digital and traditional assets [8]. - Chaince Securities, LLC is a U.S.-registered broker-dealer specializing in private placements and digital-asset market solutions, operating at the intersection of traditional and digital finance [10].

Core Insights - Bitcoin's dominance among institutional investors is declining as fund managers show increased preference for Solana and Ethereum due to their growth potential [1][2] Group 1: Investor Preferences - The October 2025 fund manager survey indicates that only 39% of respondents favor Bitcoin for growth, down from approximately 55% in the previous survey [2] - Solana's appeal surged to 25% from around 12%, while Ethereum's preference remained stable at 31% compared to roughly 29% previously [2] Group 2: Market Trends - Digital asset allocations in portfolios have doubled to 1.8% since early 2022, with third-quarter inflows reaching nearly $18 billion [3] - Investors are increasingly focusing on diversification and blockchain technology rather than mere speculation [3][5] Group 3: Recent Market Activity - Digital asset investment products experienced outflows of $1.17 billion in the week ending November 8, with Bitcoin accounting for $932 million of that total [4] - In contrast, Solana saw inflows of $118 million during the same week, contributing to year-to-date inflows of $3.4 billion [4] Group 4: Investment Motivations - Diversification and client demand are now the top reasons for investment, followed closely by exposure to blockchain technology, marking a shift from speculation-driven decisions in 2021 [5] Group 5: Investor Concerns - Political and regulatory risks are major concerns for investors, with volatility and regulation cited as barriers to new market entrants [6]

Core Points - Mercurity Fintech Holding Inc. has been included in the MSCI Global Small Cap Indexes, effective November 24, 2025, enhancing its visibility among global institutional investors [1][3] - The company is now part of multiple major small cap indices, including the Russell 2000® Index and the S&P Global Broad Market Index, which signifies its growing market presence [2][3] - The inclusion in these indices is expected to increase investor interest, enhance liquidity, and broaden market recognition, as index-tracking funds and institutional portfolios will gain exposure to the company [3] Company Overview - Mercurity Fintech Holding Inc. operates as a blockchain-powered fintech group, providing technology and financial services through its subsidiaries, including Chaince Securities, LLC [4] - The company's mission is to bridge traditional finance and digital innovation, offering services that encompass digital assets, financial advisory, and capital markets solutions [4]

Core Insights - Paystand has acquired Bitwage to enhance its business-to-business payments network by integrating stablecoin capabilities for cross-border payments [1][2] - The acquisition aims to facilitate enterprise-level settlement and improve liquidity management for corporate entities [2][4] Group 1: Acquisition Details - Paystand purchased Bitwage, which specializes in cross-border payments using stablecoins, serving over 90,000 payment recipients and 4,500 businesses [1] - The combined network has processed over $20 billion in payment volume for more than 1,000 enterprises [2] Group 2: Technological Integration - The integration will provide an API-driven payout engine supporting Tether (USDT), USD Coin (USDC), Ethereum (ETH), Bitcoin (BTC), and local currencies in around 200 nations [3] - This technology will enhance Paystand's accounts receivable and accounts payable network for quicker cross-border settlements [3] Group 3: Operational Benefits - The merger allows CFOs to move liquidity between corporate entities and regions within minutes, thanks to 24/7 stablecoin settlement [4] - The combined offering will streamline mass payouts, foreign-exchange handling, and vendor disbursements, unifying global order-to-cash and procure-to-pay workflows [5] Group 4: Market Positioning - Paystand aims to connect stablecoin rails to the $100 trillion B2B economy, providing faster settlement, lower costs, and programmable treasury solutions [6] - The integration of Bitwage's services will begin immediately for selected enterprise customers, with plans for gradual expansion [6]