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Finance

SoftBank and Ark consider backing Tether in funding round: report

Tether seeks $15–20B funding at $500B valuation with SoftBank and Ark in talks. A $500B valuation could make Tether one of the world’s largest private firms. SoftBank and Ark backing may boost Tether’s push for mainstream legitimacy. Tether Holdings SA, the issuer of the world’s largest stablecoin, is in early discussions with major investors, including …

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MIRA price explodes as Binance offers 6M trading campaign

MIRA price surged more than 18% as the Mira Network mainnet launched. An airdrop registration is live for early network participants. The Mira token’s price jumped after Binance listed the project with a 6 million MIRA trading campaign. Mira Network (MIRA) launched its mainnet this week, positioning itself as a “trust layer” for the artificial …

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Temporary setback or freefall? XRP on the edge as bears target $2.70 support

XRP slips towards $2.70 as whales and institutions fuel heavy selling. Ripple’s tech progress contrasts with short-term bearish pressure. Fed caution and rising yields have dampened the crypto market sentiment. The past week has brought turbulence for XRP as the token struggles to defend key levels in the face of a weakening crypto market. Once …

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Will Trump Sue ABC Over Jimmy Kimmel? Why Claims About ‘Illegal Contributions’ Are False

Topline President Donald Trump threatened Tuesday to sue ABC over its decision to resume “Jimmy Kimmel Live!”—but while Trump claims that Kimmel’s criticism of the president constitutes unlawful political “contributions,” legal experts contend that’s false, as anything the comedian says on his show is covered by an exemption under campaign finance law. “Jimmy Kimmel Live!” …

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VanEck consults SEC Crypto Task Force on tokenization of ETFs

VanEck’s engagement highlights efforts to integrate ETFs with tokenization as regulators consider approaches to digital asset frameworks. Key Takeaways VanEck is actively engaging with the SEC Crypto Task Force regarding the tokenization of ETFs, focusing on the role of underlying issuers. The SEC Crypto Task Force is examining how DeFi, smart contracts, and new compliance …

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UK car output falls 10% in August; JLR cyberattack threatens deeper slump

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