Tag: Giant

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Singapore investment giant Temasek to shun crypto in pivot to AI

Singapore’s state-owned investment firm, Temasek Holdings, said it will prioritize AI investments over crypto due to regulatory uncertainty and the lingering impact of a...

Ex-Tether CIO plans to sell a piece of his stake in the crypto giant

Richard Heathcote, who until March was Tether’s chief investment officer, is planning to sell part of his 1.26% stake in the stablecoin giant, according...

French banking giant Crédit Agricole rolls out euro stablecoin, EURXT

Crédit Agricole (ACA), France's second-largest bank by assets, unveiled a euro-pegged stablecoin, a rival to offerings from smaller peer Société Générale (GLE) and Circle...

Japanese giant SBI Holdings to buy Bitbank for $289 million

Japanese financial services giant SBI Holdings said it agreed to buy cryptocurrency exchange Bitbank for around $289 million.The Tokyo-based bank first floated the idea...

BlackBerry shares surge 23% after the former phone giant reveals its new role in the AI boom

"As intelligent machines become increasingly autonomous and operate around people, the requirements for safety, security, reliability and real-time determinism become even more important," CEO...

TradFi giant IG set to expand crypto trading across Europe

Trading giant IG (IGG), which started offering cryptocurrency trading in the U.K. a year ago, said it plans to expand the service across Europe,...

Telecom giant KDDI to acquire 14.9% stake in Coincheck Group in $65 million deal

KDDI, one of Japan’s largest telecom companies, is set to hold a 14.9% stake in local crypto exchange operator Coincheck Group (CNCK) after agreeing...

Crypto giant GSR launches its first ETF to give investors an easy way to bet on the big three

Crypto trading firm GSR has launched its first exchange-traded fund (ETF), entering a fast-growing segment of the digital asset market as investor demand for...

UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine

Economic development officials with links to the U.K. government invited Bybit leadership to London this week in what appears to be a bid to...

TD Cuts Bitcoin Giant Strategy’s Price Target, Calls Ethereum Treasury Sharplink a ‘Buy’

In brief TD Cowen reiterated a “buy” rating for Bitcoin treasury firm Strategy, despite cutting its price target. The company initiated coverage on Ethereum treasury company...

AI Giant Anthropic Files to Launch ‘AnthroPAC’ Amid Clash With Trump Administration

In brief Anthropic has filed with the FEC to create an employee-funded political action committee called AnthroPAC. The move follows a dispute with the Trump administration...

Inside Aave’s governance battle as DeFi giant prepares for upgrade

For months, Aave, one of decentralized finance’s (DeFi) largest lending protocols, has been at the center of a very public debate about what it...