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U.S. Bank Explores Stablecoin Issuance on Stellar Network


U.S. Bank tests custom stablecoin development on Stellar blockchain, highlighting innovative approaches to programmable digital banking infrastructure. U.S. Bank is conducting a strategic exploration of stablecoin technology using the Stellar network, partnering with PwC and the Stellar Development...

Paxos Acquires Fordefi to Enhance Institutional Crypto Custody Infrastructure


Paxos strengthens its blockchain infrastructure by acquiring Fordefi, a multi-party computation (MPC) wallet technology provider trusted by nearly 300 global institutions. Paxos has announced the acquisition of Fordefi, a New York and Tel Aviv-based institutional-grade custody and wallet technology...

Paypal Launches $1M Bitcoin Sweepstakes for Crypto Transactions in the US


Paypal offers over $1 million in bitcoin prizes through a nationwide sweepstakes for US residents, with multiple winning tiers and entry methods. Paypal is hosting a cryptocurrency sweepstakes from November 17 to December 21, 2025, offering participants multiple ways to win bitcoin prizes....

Counter Galois Onion Strengthens Tor Relay Encryption


Tor introduces Counter Galois Onion (CGO) to replace tor1 and harden relay encryption across clients and relays. On 24 November 2025 Tor announces adoption of Counter Galois Onion (CGO) for relay encryption, with implementations underway in Arti (Rust) and C Tor to protect circuit traffic from...

Animoca Brands Secures ADGM FSRA in‑principle Approval for Fund Management


Animoca Brands receives in‑principle FSRA approval to operate as a regulated fund manager in ADGM. Animoca Brands announced on November 24, 2025 in Abu Dhabi, UAE that it has received in‑principle approval (IPA) from the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market...

Revolut Completes Share Sale at $75 Billion Valuation


Revolut announces a $75 billion valuation after a share sale led by Coatue, Greenoaks, Dragoneer and Fidelity. Revolut on 24 November 2025 completed a share sale valuing the company at $75 billion, led by Coatue, Greenoaks, Dragoneer and Fidelity Management & Research Company with...

Bitkub Weighs Hong Kong IPO to Raise About $200 Million


Thai crypto exchange Bitkub is reported to consider an IPO in Hong Kong that could raise roughly $200 million. Bloomberg reports on November 24, 2025 that Bangkok‑based Bitkub, founded in 2018, is considering an initial public offering in Hong Kong as early as next year to raise about $200 million...

Hellotrade Closes $4.6M Seed Round to Build Blockchain Trading App


Hellotrade raises $4.6 million seed led by Dragonfly to build a MegaETH‑powered mobile trading app. Hellotrade announced the completion of a $4.6 million seed round led by Dragonfly Capital and closed in under a week, backing the blockchain‑powered trading platform founded by former Blackrock...

Report: Kalshi Valued at $11 Billion After $1 Billion Funding Round


Kalshi raised $1 billion at an $11 billion valuation, fueled by surging trading volume and returning investors Sequoia and CapitalG. Kalshi, a prediction‑market platform, secured a $1 billion financing round that values the company at $11 billion, people familiar with the deal told Techcrunch...

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