Search results for Fold
Crypto
Nasdaq-listed Fold sells bitcoin to pay off secured debt; shares surge 162 percent intraday
Nasdaq-listed bitcoin rewards fintech company Fold sold about $45 million worth of bitcoin to repay its secured bitcoin-backed debt in full and secure growth funding. It used $20 million to repay the debt and reallocated the remaining $25 million for business expansion. The company expects improved cash flow and lower financial risk. Shares jumped as much as 162 percent intraday after the announcement.
Crypto
Pressure builds for Clarity Act Senate vote, but prediction markets see August deadline unlikely
The cryptocurrency industry has stepped up public pressure on the U.S. Senate to move the Clarity Act to a floor vote. More than 200 companies and groups urged Senate leaders to act without delay, arguing that a lack of federal rules pushes activity overseas. Opponents have also mobilised, citing weaknesses in anti-money laundering provisions, ethics rules and stablecoin-related gaps. Prediction markets and some institutional forecasts have lowered estimates for passage before August.
Crypto
Arthur Hayes says oil price rise could intensify Trump\'s anti-AI push, pressuring stocks and bitcoin
BitMEX co-founder Arthur Hayes (아서 헤이즈) said rising oil prices could spur Donald Trump to step up anti-AI rhetoric ahead of the U.S. presidential election, potentially hitting stocks, bank shares and bitcoin at the same time. He said markets are underestimating risks from Middle East tensions and energy prices. Hayes also said AI is absorbing liquidity through heavy borrowing and listed risks including higher energy costs, large IPO supply and Trump’s comments.
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Telecommunications & Media
Foldable iPhone may ditch Face ID as new details emerge
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Industry
AI demand debate clouds memory order visibility
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AI & Enterprise
China\'s DeepSeek nears 11 trillion won funding from Tencent, CATL; valuation seen up to 90 trillion won
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Crypto
XLM needs 10-fold rise to match XRP market cap, DTCC optimism in focus
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Crypto
Citi sees tokenised asset market growing to $5.5 trillion by 2030
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Games & Commerce
Kurly to acquire AI firm 1Z Labs to speed up AX
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Crypto
XRP Ledger upends RWA tokenisation as Ethereum dominance shaken
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Telecommunications & Media
Dummy unit of Samsung\'s next-gen Galaxy Z Fold 8 leaks, seen as ultra-thin
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Industry
Air-inflated wing cargo drone completes initial test flights
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Crypto
Standard Chartered keeps $40,000 Ethereum target for end-2030 despite drop
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AI & Enterprise
Microsoft cancels most Claude Code licenses, shifts engineers to GitHub Copilot CLI
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AI & Enterprise
OpenAI CSO says GTAC broader than Anthropic\'s Glasswing, confirms South Korea and Japan as partners
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Industry
Samsung Electronics wage deal approved with 73.7 percent support, easing strike fears
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Crypto
Zcash 1,000 percent surge puts spotlight on Near as next candidate, Arthur Hayes sees 20-fold rise by 2027
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Crypto
Can XRP reach $1,000? Developer optimism sparks community debate