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Category Finance
Augustus raises $180 million to build a clearing bank for the AI and stablecoin era
The firm, freshly valued at $1 billion, aims to replace legacy correspondent banking with always-on infrastructure that connects traditional paymen...
Jul 21, 2026
by CoinDesk
Jack Mallers steps down as XXI Capital CEO as Tether's plans to merge three bitcoin firms falls
The proposed three-way merger between Twenty One Capital, Mallers' Strike, and Elektron Energy has been abandoned.
Jul 21, 2026
by CoinDesk
Live markets: Bitcoin ETFs post a fifth straight day of inflows in a first since April
The run has pulled in roughly $727 million, the most sustained stretch of buying since the record outflows of June.
Jul 21, 2026
by CoinDesk
Exodus to cut 25% of global workforce in payments shift
This restructuring is part of a strategy to build a full-stack payments platform following the company's acquisitions of Monavate and Baanx.
Jul 20, 2026
by CoinDesk
Hut 8 surges on $9.8 billion AI data-center lease, lifting compute sector
The long-term deal sparked a rebound in AI compute stocks after investors questioned demand for new data center capacity.
Jul 20, 2026
by CoinDesk