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blockonomi.com Ripple Acquires GTreasury for $1B to Boost Corporate Payments Push

TLDR Ripple has acquired treasury management firm GTreasury for $1 billion to strengthen its position in corporate finance. The acquisition is expected to give Ripple access to the multi-trillion-dollar global treasury and repo markets. GTreasury has over 40 years of experience and serves large multinational corporations with advanced treasury tools. Ripple plans to integrate GTreasury’s [...] The post Ripple Acquires GTreasury for $1B to Boost Corporate Payments Push appeared first on Blockonomi.

bitcoinmagazine.com Bitcoin Mining Stocks Tumble: $BITF, $MARA, and $RIOT See Deep Red

Bitcoin Magazine Bitcoin Mining Stocks Tumble: $BITF, $MARA, and $RIOT See Deep Red  Bitcoin mining and crypto stocks felt the pain today as the broader market sold off following Bitcoin’s third straight day of declines. This post Bitcoin Mining Stocks Tumble: $BITF, $MARA, and $RIOT See Deep Red  first appeared on Bitcoin Magazine and is written by Micah Zimmerman.

blockonomi.com Jito Secures $50M From Andreessen Horowitz to Boost Solana Staking

TLDR Andreessen Horowitz invested $50 million in Jito through its crypto division a16z Crypto. Jito is a Solana-based liquid staking protocol that allows users to stake SOL while retaining liquidity. The investment includes a discounted token allocation though the exact amount remains undisclosed. Jito currently holds around $2.8 billion in total value locked making it [...] The post Jito Secures $50M From Andreessen Horowitz to Boost Solana Staking appeared first on Blockonomi.

news.bitcoin.com SBF Says FTX ‘Was Never Insolvent’ in Interview; Crypto Community Calls It Spin

In a new prison interview with the conservative X account @amuse, Sam Bankman-Fried argues FTX “was never insolvent,” contending assets exceeded liabilities at filing and that bankruptcy professionals destroyed value instead of preserving it. SBF Faults Lawyers, Regulators in New Interview—Skeptics Cite User Funds and Risk In the interview—titled “FTX Was Never Insolvent: My Prison […]

altcoinbuzz.io Rep. Downing to Introduce Crypto-Friendly 401(k) Bill

Representative Troy Downing (R-Mont.) is set to introduce a new bill that could bring cryptocurrency and other alternative assets to American retirement plans.  The bill, known as the Retirement Investment Choice Act, aims to make it legal for 401(k) holders to include crypto assets like Bitcoin, private equity, and similar investments in their portfolios. U.S. […] The post Rep. Downing to Introduce Crypto-Friendly 401(k) Bill appeared first on Altcoin Buzz.