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blockonomi.com XDC Ventures Buys Contour, Targets Real-World Stablecoin Settlements

TLDR: XDC Ventures acquires Contour Network to create a Stablecoin Lab for regulated cross-border settlements. The merger links XDC’s blockchain with Contour’s global banking consortium for faster trade finance operations. Circle’s USDC support on XDC enables real-time digital settlements for letters of credit. XDC Ventures aims to make tokenized trade finance compliant, scalable, and accessible [...] The post XDC Ventures Buys Contour, Targets Real-World Stablecoin Settlements appeared first on Blockonomi.

blockonomi.com Modern Treasury Buys Stablecoin Firm Beam in $40M All-Stock Deal

TLDR Modern Treasury has acquired stablecoin startup Beam in an all-stock deal worth $40 million. Beam was founded in 2022 and provides plug-and-play stablecoin infrastructure for banks and corporations. Beam’s founder Dan Mottice will join Modern Treasury to lead its stablecoin adoption efforts. The acquisition aligns with Modern Treasury’s strategy to expand into blockchain-enabled enterprise [...] The post Modern Treasury Buys Stablecoin Firm Beam in $40M All-Stock Deal appeared first on Blockonomi.

blockonomi.com MAGACOIN FINANCE Presale Explodes in Demand — Early Buyers Rush to Claim 50% Bonus With PATRIOT50X

MAGACOIN FINANCE has witnessed explosive demand in presale this October with over $16.5 million raised and over 21,000 investors from across the world. As every presale sells faster than anticipated, investors are scrambling to secure their allocation. The frenzy in the market is also fuelling demand for the 50% bonus available through the promo code [...] The post MAGACOIN FINANCE Presale Explodes in Demand — Early Buyers Rush to Claim 50% Bonus With PATRIOT50X appeared first on Blockonomi.

news.bitcoin.com Gold Suffers Biggest Crash Since 2013 as Prices Plunged to $4,000 Before Modest Rebound

Gold’s price took a steep tumble between Oct. 21 and Oct. 22, falling about 8% from recent record highs above $4,400 per ounce and erasing roughly $2.43 trillion in market value — its sharpest two-day drop since 2013. Gold’s Rally Snaps With 8% Drop in 48 Hours Spot gold fell 6.3% on Oct. 21 alone, […]