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Mastercard agrees to purchase BVNK for up to $1.8 billion
Mastercard announced Tuesday an agreement to buy BVNK, a stablecoin infrastructure company, for up to $1.8 billion, including $300 million in contingent payments. The deal expands Mastercard’s end-to-end support of digital assets and value movement across currencies, rails and regions. U.K.-based BVNK describes itself as the stablecoin-powered financial stack for enterprises, which moves money in…
BTC falls sharply along with stocks as oil soars nearly 20%,
In what’s become a familiar scenario in crypto over the past few months, prices are starting the week on the wrong foot. After little sign over the weekend of any de-escalation in the U.S. war against Iran, the price of oil has exploded higher in Sunday evening U.S. trade. April WTI crude oil futures are currently up 19.1% to $108.35 per barrel. That’s roughly double the price at the start of…
