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blockonomi.com Revolut Hits $75B Valuation After Share Sale Backed by Top Firms

TLDR Revolut reached a valuation of $75 billion following a recent employee share sale. The share sale was led by Coatue, Greenoaks, Fidelity, and Dragoneer with support from a16z and Nvidia’s NVentures. This marked the fifth time Revolut offered liquidity to employees through its share program. Revolut reported a 72 percent revenue increase in 2024 [...] The post Revolut Hits $75B Valuation After Share Sale Backed by Top Firms appeared first on Blockonomi.

bitcoinist.com Binance, CZ Sued By Victims Of Hamas For Alleged Terror Financing

Changpeng Zhao (CZ), co-founder of Binance, is once again in the spotlight as a new lawsuit accuses him and the cryptocurrency exchange of enabling millions of dollars in financial transactions for Hamas and other designated terrorist organizations. Binance Accused Of Laundering $1 Billion For Terror Groups The legal action, filed in North Dakota federal court, […]

blockonomi.com Hyperliquid Set for $314M Token Unlock Amid Growing Market Tensions

TLDR Hyperliquid will unlock 9.92 million HYPE tokens, worth $314 million, on Saturday. The entire token allocation will be unlocked at once, raising concerns about sell pressure. Community members are urging the team to address concerns over market stability. BitMEX co-founder Arthur Hayes warns that verbal assurances cannot prevent market risks. Some community members defend [...] The post Hyperliquid Set for $314M Token Unlock Amid Growing Market Tensions appeared first on Blockonomi.

blockonomi.com Rumble Stock Jumps 14% as Tether Increases Stake by Over 1 Million

TLDR Tether increased its stake in Rumble by acquiring 1,063,670 additional shares worth $5.75 million. The purchase brings Tether’s total holdings in Rumble to nearly 104.4 million shares, valued at around $680 million. Rumble stock surged 14% following Tether’s latest acquisition, despite a 50% drop in share price year-to-date. Tether and Rumble have deepened their [...] The post Rumble Stock Jumps 14% as Tether Increases Stake by Over 1 Million appeared first on Blockonomi.

news.bitcoin.com Exodus Moves to Acquire Baanx and Monavate in $175M Deal

Exodus Movement disclosed it has agreed to acquire W3C Corp., the parent of Baanx and Monavate, in a $175 million deal that expands its control over crypto-linked payment infrastructure. Exodus Eyes End-to-End Payments With New Acquisition Exodus Movement, Inc. (NYSE American: EXOD) revealed it has inked a definitive pact to pick up W3C Corp., the […]