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Neobank Revolut has completed a share sale that values the company at $75 billion, placing it among the world’s most valuable fintechs. The funding deal was led by investment firms Coatue, Greenoaks, Fidelity and Dragoneer, with additional backing from a16z, Franklin Templeton, and T. Rowe Price. Nvidia’s venture arm, NVentures, also participated.The company said Monday that employees were able to sell shares as part of the deal, marking the fifth time Revolut has offered staff a liquidity event through its employee share program.Revolut is a London-based fintech company founded in 2015 that offers digital banking services and allows customers to buy,…
Amidst incentives, stronger collateral, and rising prices, DeFi lending surged in Q3, capturing a record 55.7% market share during the quarter. DeFi lending reached a new record in the third quarter, according to a new report from Galaxy Digital’s research team, which found that the dollar-denominated value of outstanding loans on decentralized finance (DeFi) applications rose by $14.52 billion, or 54.84%, to $40.99 billion at the end of Q3. When combined with centralized finance (CeFi) lenders, total outstanding crypto-collateralized loans rose to $65.37 billion in Q3, up $21.12 billion from the previous quarter. This is a new all-time high after…
A massive Ether treasury project led by China’s crypto elites amidst market rout. China’s prominent crypto figures have quietly shelved a high-profile effort to create a $500 million Ethereum Digital Asset Treasury (DAT) firm, halting the initiative after months of planning amid a deepening slump across global crypto markets. The project, which was spearheaded earlier this year by Huobi founder Leon Li Lin, HashKey Group chairman and CEO Xiao Feng, Meitu co-founder Mike Cai Wensheng, and Fenbushi Capital founder Bo Shen, had set out to raise half a billion dollars to build a DAT company dedicated to investing in ether,…
Bitmain Technologies Ltd., the Chinese manufacturer behind most of the world’s Bitcoin mining machines, has been the focus of a federal investigation assessing whether its products pose national security risks, according to Bloomberg reporting. The inquiry, dubbed “Operation Red Sunset,” led by the Department of Homeland Security, reportedly examined whether the company’s machines could be remotely manipulated for espionage or sabotage of critical US infrastructure. Bitmain denies these capabilities, but investigators have reportedly tested its equipment at ports and dissected chips and code to assess potential threats. The company’s hardware has long attracted scrutiny. A 2017 Bitcoin Magazine report suggested…
The transfer of Bitcoin (BTC) from long-term holders, also known as “OGs,” to “weak” hands will cause future drawdowns to be more severe, according to gold investor and economist Peter Schiff.Bitcoin is “finally having its IPO moment,” Schiff said on Saturday, adding that there is now enough liquidity in the Bitcoin market for long-term holders to cash out. “This much Bitcoin moving from strong to weak hands not only increases the float, but also means future selloffs will be bigger,” Schiff added. Source: Peter SchiffWhales and other long-term Bitcoin holders dumped over 400,000 BTC in October, contributing significant selling pressure, which…
Liquidation calls from the sidelines are growing louder for Strategy (MSTR) as bitcoin tumbles and the company’s common stock has plunged nearly 70% from last year’s peak, calling into question — for some — the firm’s ability to continue to meet its obligations.Throughout 2025, Strategy has relied on perpetual preferred stock as its primary financing vehicle for bitcoin purchases, while mostly using at-the-market (ATM) common share issuance mainly to cover its preferred dividend obligations.Led by Executive Chairman Michael Saylor, the company issued four U.S.-listed preferred series during the year: Strike (STRK) pays an 8% fixed dividend and is convertible into…
XRP has entered a new phase in its growth as Spot XRP ETFs begin trading across the United States. The excitement surrounding institutional access to XRP has grown quickly in recent weeks, especially as filings and inflow reports hint at rising interest from funds preparing to scale their exposure. A market commentator known as Chad Steingraber presented a projection showing just how intense ETF accumulation could become if issuers adopt an acquisition strategy similar to what was seen in Bitcoin ETFs. The estimates outline an aggressive period of accumulation that could reduce XRP’s available supply far faster than many expect,…
Younger, wealthier Americans seem to be rewriting the house rules of wealth management.They like broad equity indices. They park cash in T-bills. They still buy real estate and private deals. But they also expect to see Bitcoin, Ethereum, and a handful of other digital assets on the same dashboard as everything else.For them, crypto is a normal slice of a portfolio. For many of their advisors, though, it’s still a compliance headache and a career risk.That gap between young investors and advisors is there, and it’s getting wider every day. Zerohash’s new “Crypto and the Future of Wealth” report surveyed 500 investors aged 18–40…
Privacy coins have taken center stage in the crypto sector throughout late 2025. Leading assets like Zcash (ZEC) have managed to outperform the market, resisting major drawdowns even as most cryptocurrencies continue to bleed.BeInCrypto spoke to several experts to understand why privacy coins are surging now and whether it is possible to identify the next major crypto opportunity before it becomes mainstream.Privacy Coins Maintain Lead as the Market’s Best-Performing SectorBeInCrypto reported a month ago that privacy-centric cryptocurrencies had emerged as the best-performing sector in the market. Notably, this still holds true today, even as the broader market extends its two-month…
European security agencies are uncovering a growing trend they once considered unlikely: intelligence operations funded not through secret bank accounts or cash drops, but through crypto. Yes, a full crypto spy operation in Europe. UK authorities revealed that Russian intelligence services used a cash-to-crypto laundering system to finance covert activities across Europe, marking a significant shift in how modern espionage is paid for. According to the UK’s National Crime Agency (NCA), one of these networks, known as “Smart” and operated by Russian businesswoman Ekaterina Zhdanova, helped channel funds to a spy ring connected to Jan Marsalek, the fugitive former Wirecard…
