Month: March 2026

GSR moves to build one stop crypto capital markets platform with $57M acquisition

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GSR has acquired Autonomous and Architech in a $57 million deal, according to a company announcement, as the crypto trading firm expands its push to become a full-stack capital markets provider for tokenized organizations. The acquisition integrates Autonomous’s launch and operational support platform with Architech’s advisory capabilities, forming a unified offering that spans token design, fundraising, liquidity, and long-term treasury management. Autonomous will continue operating under its existing brand, while Architech will anchor a new GSR Digital Asset Advisory division alongside GSR’s trading and asset management businesses. The move comes…

Cango Posts $285M Q4 Loss on Costs, Impairments

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Bitcoin mining firm Cango Inc. reported a net loss of $285 million in the fourth quarter of 2025, as impairment charges, fair-value losses and higher mining costs outweighed revenue from its expanding Bitcoin mining business. In its earnings report published Monday, Cango said fourth-quarter revenue reached $179.5 million, including $172.4 million from Bitcoin mining, while total operating costs and expenses rose to $456.0 million. The losses were driven in part by an $81.4 million impairment on mining machines and a $171.4 million loss tied to changes in the fair value…

Will it keep price above $1.50?

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XRP (XRP) traded at $1.50 on Tuesday, a 3% rise in the past 24 hours as its relief rally stalled at $1.60. Still, growing network usage and increasing holder accumulation could provide a spark that may see the price finally break $1.50-$1.60 resistance. Key takeaways: XRP holder addresses hit 7.7 million record highs, as daily active addresses reach five-week highs. Analysts say XRP bulls must reclaim $1.60 as support. XRP Ledger non-empty wallets hit new highs Santiment reported that the number of daily active addresses on XRP Ledger (XRPL) rose…

CFTC permits Phantom Technologies to facilitate trading with registered brokers

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Phantom Technologies Inc., the company behind Phantom Wallet, a prominent self-custodial crypto wallet, has secured no-action relief from the Commodity Futures Trading Commission’s Market Participants Division to operate certain trading-related features without registering as a broker, provided specified conditions are met. The decision means the CFTC will not recommend enforcement action against Phantom or its personnel for certain activities that would normally require registration. For example, Phantom can offer software that allows users to trade through registered futures commission merchants, introducing brokers, or designated contract markets, and as long as…

Mastercard to Acquire BVNK in $1.8B Stablecoin Payments Push

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Mastercard has agreed to acquire stablecoin infrastructure company BVNK in a deal valued at up to $1.8 billion, further expanding into blockchain-based payments. The deal includes up to $300 million in contingent payments and is intended to strengthen Mastercard’s ability to connect fiat payment rails with onchain transactions, the company said on Tuesday. “We expect that most financial institutions and fintechs will in time provide digital currency services, be it with stablecoins or tokenized deposits,” Jorn Lambert, chief product officer at Mastercard, said. BVNK, founded in 2021, provides infrastructure that…

Bitcoin Standard Author Envision World Without Fiat

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Author of The Bitcoin Standard, Saifedean Ammous, believes that fiat is the central problem plaguing society. “The 20th century is just an enormous amount of wealth being taken away from people who produced it and being sent to the meat grinder of war. And this is what fiat does,” he told Cointelegraph. “If you take that away, we get a lot less murder and death, and then we get a lot more prosperity, productivity and a lot more wealth.” In his latest book, The Gold Standard, he explores this very…

Robinhood Ventures Fund I invests in Stripe and ElevenLabs

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Robinhood Ventures Fund I, Robinhood’s first publicly traded closed-end venture fund, has invested in payments giant Stripe and artificial intelligence audio company ElevenLabs. Robinhood Ventures Fund I, trading under the ticker RVI, committed over $34 million across two deals. The fund acquired roughly $14.6 million worth of Stripe Global Holdings Class B common stock through secondary market transactions on March 9. Three days later, RVI committed nearly $20 million to ElevenLabs’ Series D preferred stock in a primary financing round. “We’re excited to add Stripe and ElevenLabs to Robinhood Ventures…

Maestro Debuts Bitcoin Credit Market for Institutional BTC Mining Yield

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Bitcoin infrastructure provider Maestro has launched a Bitcoin-denominated credit market backed by mining economics, aiming to give institutions a new way to earn yield on idle Bitcoin while expanding financing options for miners. Maestro said Mezzamine went live with its first program in partnership with mining-as-a-service provider Sazmining. According to a Tuesday announcement shared with Cointelegraph, the program is designed to let institutional Bitcoin (BTC) holders deploy BTC into mining-backed credit facilities targeting an annual yield of 8% to 9%. The offering is designed to connect miners seeking capital with…

PayPal Expands PYUSD Stablecoin Access to 70 Countries

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Payments giant PayPal is expanding access to its US-dollar stablecoin, PayPal USD, adding 68 more markets globally in its latest stablecoin push. PayPal USD (PYUSD) will be made available to customers in 70 countries worldwide in March, allowing them to receive, hold and send the stablecoin, the company announced Tuesday. With the expansion, PYUSD is now available to users with PayPal accounts across multiple regions, including the Asia-Pacific, Europe, Latin America and North America. Previously, only customers in the United States and the United Kingdom could hold the stablecoin. “Enabling…

Alibaba unveils Wukong AI agent platform ahead of earnings

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What if your office has a Monkey King on your team? That’s the idea behind Alibaba’s Wukong AI agent platform, named for Sun Wukong, the mischievous and clever hero of Journey to the West. Launched today, Wukong is an enterprise-focused AI tool designed to coordinate multiple AI agents through a unified interface. According to Alibaba, these agents can take proactive actions, managing tasks across a company’s systems instead of merely responding to prompts like traditional chatbots. The platform, currently in invitation-only testing, supports tasks like document approvals, meeting transcription, and…