Solana-based nonfungible token (NFT) marketplace Magic Eden is winding down its support for Bitcoin and Ethereum as it plans to double down on its upcoming online casino and sportsbook, Dicey. Magic Eden CEO and co-founder Jack Lu said in an X post on Friday that it is winding down support for its Ethereum Virtual Machine and Bitcoin-based Runes and Ordinals marketplaces on March 9, followed by its Bitcoin API on March 27, and its crypto wallet on April 1. He added that the platform will end its NFT buyback program…
Tag: Platform
Banking giant Barclays explores blockchain platform for payments and tokenized deposits
Barclays, the British multinational banking giant, is exploring building a blockchain platform for payments and deposits, Bloomberg reported Friday, citing people with knowledge of the exploration. The bank is evaluating technology providers and aims to select partners as early as April. The initiative could encompass both stablecoin integration and tokenized deposit capabilities. Barclays has shifted from a cautious approach to active infrastructure investment to keep pace with industry peers like JPMorgan and HSBC, which have deployed distributed ledger technology in financial services. In October 2025, the London-based lender joined a…
Kraken, CMT Digital, and Fidelity’s arm invest in crypto options platform STS Digital
STS Digital, a Bermuda-regulated digital asset trading firm serving institutional clients, has secured $30 million in a round led by CMT Digital, according to a Thursday announcement. Payward, the parent company of exchange operator Kraken, also participated alongside Arrington Capital, BitRock Capital, Strobe Ventures, and Fidelity’s affiliated investment arm, F-Prime. Established in 2022, STS Digital offers trading in spot markets, options, and structured products across more than 400 digital assets through multiple access channels. The fresh capital will be used to grow the firm’s spot and options infrastructure, enhance its…
Hong Kong to Launch HKMA Digital Bond Platform in 2026
Hong Kong will set up a new digital asset platform this year to support the issuance and settlement of tokenized bonds, as the city pushes to move tokenization from pilot deals into core market infrastructure. In his 2026-27 Budget speech delivered on Wednesday, Financial Secretary Paul Chan said CMU OmniClear Holdings, a subsidiary of the Hong Kong Monetary Authority (HKMA), will build the platform and extend it to other digital assets. The system will also be linked with regional tokenization platforms. Chan said the platform would be “gradually extended to…
Satlantis Launches Bitcoin-Native Ticketing Platform with Lightning Wallets
Satlantis has launched as a Bitcoin-native events and ticketing platform that embeds Lightning wallets directly into user accounts and events, allowing organizers to issue tickets and receive payments in Bitcoin without relying solely on traditional payment processors. According to an announcement shared with Cointelegraph, the platform functions similarly to services like Luma and Eventbrite, offering ticket tiers, attendee management and event pages, but automatically generates a unique Bitcoin (BTC) wallet for each event to facilitate direct payments and withdrawals. Satlantis also integrates with Stripe to process fiat payments and said…
Ether.fi moves Cash card product to OP Mainnet in major platform shift
Ether.fi is migrating its non-custodial card and digital cash account product, ether.fi Cash, to OP Mainnet, shifting roughly 70,000 active cards and 300,000 user accounts onto Optimism infrastructure over the coming months. The move transitions millions in user total value locked from Scroll to OP Mainnet under a long-term OP Enterprise partnership. Optimism positions the migration as part of a broader push to establish OP Mainnet as a leading hub for payments and consumer crypto activity. Ether.fi Cash allows users to move from fiat to crypto, earn yield through DeFi…
Trading Platform eToro Q4 Earnings Sends Stock Surging
Trading platform eToro jumped more than 20% after reporting better-than-expected fourth-quarter earnings, with revenue coming mainly from its crypto services. The company reported on Tuesday that its Q4 net income increased 16% from a year ago to $68.7 million, with earnings per share of 71 cents, compared with analyst expectations of 60 cents. Fourth-quarter revenue came in at $3.87 billion, down 40% from the prior-year period, with crypto revenue accounting for the bulk of earnings at $3.59 billion. The earnings beat bucked eToro’s main crypto rivals, Coinbase and Robinhood, whose…
Nexo Relaunches Crypto Platform in the United States
Nexo is set to relaunch its digital asset services and crypto exchange platform in the US on Monday, more than three years after it left the market following battles with federal and state regulators. Now, citing improved regulatory clarity for digital assets in the US, the rebooted Nexo platform will offer flexible and fixed-term yield programs, a spot cryptocurrency exchange, crypto-backed credit lines and a loyalty program for US users, Nexo head of communications Eleonor Genova told Cointelegraph. The platform’s trading infrastructure will be provided by Bakkt, a US-based digital…
Trump media platform Truth Social expands crypto push with Cronos and Bitcoin-Ether ETF filings
Truth Social has filed with the U.S. Securities and Exchange Commission (SEC) for two new crypto exchange-traded funds (ETFs): the Truth Social Cronos Yield Maximizer ETF and the Truth Social Bitcoin and Ether ETF. The Truth Social Cronos Yield Maximizer ETF is designed to track performance of Cronos (CRO), the native token of the Cronos blockchain, plus yield generated from staking CRO. The Truth Social Bitcoin and Ether ETF targets combined exposure to Bitcoin and Ether, including staking rewards on Ether. Both funds are proposed to carry a 0.95 percent…
Fiserv Launches US Dollar Settlement Platform for Digital Asset Companies
Fiserv, a major US payments and financial technology provider, has launched a new cash settlement platform for digital asset companies, a move that could strengthen fiat infrastructure for crypto players and improve access to liquidity. On Thursday, Fiserv announced the debut of INDX, a real-time cash settlement system that operates 24 hours a day, 365 days a year. The platform allows digital asset companies to move US dollars instantly using a single custodial account, potentially improving how exchanges, trading desks and other crypto businesses manage fiat balances. Source: Fiserv INDX…