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Crypto

Interchecks raises $50 million, launches account funding service

Interchecks, an instant payments platform serving sportsbooks, fintech firms and financial institutions, has raised $50 million in a Series C round led by Better Capital, Commerce Ventures, Decade Holdings and Theairstreet Partners. The company also formally launched its account funding transaction (AFT) function, which uses debit card payment rails to deposit funds into accounts in real time and includes fraud-prevention features. It can be used for transfers and wallet deposits.

Games & Commerce

Nexth acquisition of OneStore secures game distribution channel, puts web3 hub shift to the test

Nexth\'s acquisition of OneStore is aimed less at running an app market and more at directly owning a game distribution channel. Nexth decided to buy 20,247,990 OneStore shares for about 62.6 billion won, taking an 89.03% stake. Sellers include SK Square, Naver, Steel No.1 First and Krafton, with some joining as Nexth strategic investors. Nexth plans to add blockchain and AI capabilities to turn OneStore into a game hub, a web3 game store and an AI-native discovery platform, while facing financial and regulatory challenges.

Crypto

XRP ledger daily transactions slip below 2 million again, raising questions over rebound

Daily transactions on the XRP Ledger have fallen back below 2 million, raising doubts about the durability of XRP’s rebound. U.Today reported that daily transactions recently declined to about 1.74 million, with successful transactions also down in June. The metric is seen as a key gauge of network usage. With on-chain activity failing to support the price recovery, attention is on whether transactions can recover above 2 million and whether key resistance near $1.30 to $1.35 can be retested.