Author: Kryptonews

ZeroHash, a crypto and stablecoin infrastructure provider, has raised $104 million in a Series D-2 round led by Interactive Brokers (IBKR), valuing the company at $1 billion.The raise included new participation from Morgan Stanley (MS), Apollo-managed funds, SoFi (SOFI), Jump Crypto, Northwestern Mutual Future Ventures, FTMO, IMC and Liberty City Ventures, alongside existing backers PEAK6, tastytrade, and Nyca Partners, the company said in a press release Tuesday.The fresh capital brings ZeroHash’s total funding to $275 million and will fuel product expansion, talent growth, and its ambition to become “the AWS of on-chain infrastructure,” CEO and founder Edward Woodford said in…

Stablecoin giant Tether is looking to raise between $15 billion and $20 billion for about a 3% stake in the company through a private placement, Bloomberg reported, citing two people familiar with the matter.The massive raise would bring its valuation to around $500 billion, putting it in the same league as OpenAI and SpaceX, Bloomberg reported. Tether would be issuing new equity, and Cantor Fitzgerald is acting as lead adviser. Tether’s USDT has market cap of around $172.8 billion, making it the largest among stablecoins. Circle, which recently went public in the U.S., is the issuer of USDC, which has…

Societe Generale-FORGE, the digital asset-focused subsidiary of Societe Generale Group, has partnered with Bullish Europe GmbH, a BaFin-regulated provider of digital asset trading and custody services, to launch the USD CoinVertible (USDCV). The new product becomes the first U.S. dollar-pegged stablecoin listed under the European Markets in Crypto-Assets Regulation (MiCA).This collaboration builds on SG-FORGE’s first regulated stablecoin, the EUR CoinVertible (EURCV), which Bullish began offering in June. The addition of USDCV broadens the range of compliant stablecoins available to institutional, corporate, and retail investors across Europe.First U.S. Dollar Stablecoin Under MiCARUSDCV is fully pegged to the U.S. dollar and structured…

Stablecoin giant Tether Holdings is reportedly exploring a fundraising round of up to $20 billion that would value the company at about $500 billion — putting it in the ranks of the world’s most valuable private entities.Bloomberg, citing people familiar with the matter, said Tether is considering raising between $15 billion and $20 billion in exchange for about a 3% stake through a private placement, with Cantor Fitzgerald acting as lead adviser.One source reportedly cautioned that the final amount could be significantly lower, as discussions remain preliminary.For comparison, OpenAI — developer of ChatGPT — was also said to be in…

UXLINK suffered an exploit on September 22 that drained over $11.3 million in assets from the project. The incident involved hackers who took advantage of a vulnerability in the project’s multi-signature wallet that let them gain admin rights. Details of the Breach Blockchain security firm CyversAlerts alerted the community to the breach via an X post, noting that it had detected $11.3 million in suspicious transactions involving the web3 social project. Their analysis reveals that the hacker used an Ethereum address to carry out a “delegateCall,” stripped away the admin role, and installed a new owner with special permissions. They…

XRP remains one of the most influential digital assets in the crypto market. Its unique advantages in cross-border payments and high-speed transactions have attracted a large number of holders and institutional users. However, many investors face a common problem: long-term XRP holdings struggle to generate stable returns. XRP investors need to find ways to generate consistent profits.In this context, LET Mining, a leading global cloud mining platform, offers a new solution for XRP holders. Through innovative cloud mining contracts, users can convert their XRP into a continuous stream of passive income without having to sell it, making the digital asset…

The Ethereum price is back in the spotlight as market analysts and ETH’s own founder, Vitalik Buterin, outline bold predictions for the asset. While experts forecast that Ethereum could surge to $33,000, Buterin draws parallels between the cryptocurrency’s future role in finance and Google’s dominance in search. As a result, the ETH founder has suggested that low-risk Decentralized Finance (DeFi) may become Ethereum’s breakthrough “Google Moment.”  Ethereum Price Projected To Soar To $33,000 A recent chart analysis by prominent market expert Egrag Crypto paints an optimistic picture for Ethereum’s long-term price trajectory. Based on the analyst’s chart, ETH could potentially…

Key Takeaways The CFTC is exploring the use of stablecoins as tokenized collateral in U.S. derivatives markets, signaling growing integration of digital assets in traditional finance. Caroline D. Pham, Acting Chair of the CFTC, emphasized modernization of derivatives trading using blockchain and tokenized assets. Share this article The CFTC today announced it is exploring the use of stablecoins as tokenized collateral in U.S. derivatives markets, marking a significant step toward integrating digital assets into traditional financial infrastructure.Caroline D. Pham, the Acting Chair of the CFTC, outlined the initiative as part of broader efforts to modernize derivatives trading through blockchain technology…

Crypto venture capital company Archetype said it closed over $100 million in total capital commitments for its third fund, Archetype III.The new fund is backed by institutional investors including pensions, academic endowments, funds of funds, sovereign wealth funds and family offices, the company said in a press release on Tuesday. Archetype’s funds are behind crypto companies such as Monad, Privy, Farcaster, Relay and Ritual. The company targets early-stage startups building onchain infrastructure, decentralized finance (DeFi) and emerging blockchain applications.The capital will be deployed on projects working on stablecoins, payment solutions, onchain social networks, decentralized physical infrastructure networks (DePIN), mobile apps…

Introduction: Mining in the Modern EraBitcoin mining is still one of the cornerstones of the cryptocurrency ecosystem in 2025. Despite constant evolution, the mining industry remains highly competitive, attracting individuals, institutions, and innovative companies. Some miners still prefer building rigs at home, while others rely on cloud mining providers like Cleanspark, Quantumcloud, or Easyminer. However, among them all, ETNCrypto has emerged as the number one platform, offering legally compliant, transparent, and profitable mining services. This guide explains how to set up a Bitcoin mining rig at home step by step and why many miners eventually transition to cloud mining with…