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Exclusive: Crypto startup LI.FI raises $29 million for cross-blockchain price discovery tool
Yahoo Finance· 2025-12-11 15:00
When businesses decide to engage with crypto, they quickly discover the landscape is fragmented across numerous blockchains. If they want to move assets between different chains, they must often rely on a technology called bridging that can prove insecure and expensive. Philipp Zentner, cofounder and CEO of LI.FI, created his company to address these issues. The startup provides businesses with price comparisons of exchange rates and bridging fees. It also aims to find businesses the most efficient and cos ...
ECB Warns Stablecoins Are Rising Fast With Spillover Risks
Yahoo Finance· 2025-11-24 17:27
The European Central Bank (ECB) has warned that the rapid expansion of stablecoins—despite their still-limited footprint in the euro area—poses emerging financial-stability risks, especially as interlinkages with global markets deepen. The findings come from the ECB report Stablecoins on the rise: still small in the euro area, but spillover risks loom, prepared by Senne Aerts, Claudia Lambert, and Elisa Reinhold, which examines structural vulnerabilities, use cases, and cross-border risks tied to the acce ...
Saylor has a mysterious response to JPMorgan
Yahoo Finance· 2025-10-24 19:12
Core Insights - JPMorgan Chase & Co. is allowing institutional clients to use Bitcoin and Ether as collateral for loans by the end of the year, marking a significant shift in its stance on cryptocurrency [1][3] - This change comes despite CEO Jamie Dimon's previous negative comments about Bitcoin, including calling it a "fraud" and expressing a desire to fire employees trading it [3][4] - The move reflects a broader trend of increasing institutional demand for cryptocurrencies and easing U.S. regulations [3] Company Perspective - Jamie Dimon has acknowledged his past skepticism about Bitcoin, stating he regrets calling it a fraud and recognizing the legitimacy of blockchain technology [4] - Many investors view JPMorgan's new policy as a full-circle moment, highlighting the bank's transformation from dismissing Bitcoin to accepting it as collateral [5] Industry Commentary - Michael Saylor, co-founder of MicroStrategy, criticized JPMorgan's change of heart, emphasizing the importance of self-custody in Bitcoin ownership and encouraging investors to act independently of traditional banks [2][6] - Saylor's long-term belief is that Bitcoin will be recognized as a store of value globally, reinforcing the notion of financial independence from legacy financial institutions [7]
X @Market Spotter
Market Spotter· 2025-09-25 13:01
💥 BREAKING:🏦 #Tether is targeting a MASSIVE $500B valuation with a $15–20B capital raise.Stablecoins are no longer just a side story — they’re becoming the backbone of global #crypto finance. 🚀Will this push #USDT into a new era of dominance? 🤔 ...