Latest news with #Synaptogenix
Economic Times
12 hours ago
- Business
- Economic Times
Cryptocurrency Live News & Updates : Aptos Labs and Jump Crypto Introduce Shelby Network
25 Jun 2025 | 01:55:10 AM IST Aptos Labs and Jump Crypto have launched 'Shelby,' a decentralized hot storage network aimed at providing cloud-grade infrastructure for web3 applications. Aptos Labs and Jump Crypto have unveiled 'Shelby,' a decentralized hot storage network designed to enhance data accessibility for web3 applications, addressing the limitations of current blockchain infrastructures. This initiative aims to facilitate real-time applications such as AI and streaming. Meanwhile, Synaptogenix has made strides in the AI sector by acquiring TAO, partnering with BitGo for asset management. Unicoin Inc. has also expanded its portfolio by acquiring a majority stake in Diamond Lake Minerals, focusing on digital assets and security tokens. In the payments landscape, Mastercard is enhancing its stablecoin offerings through partnerships with Paxos, Fiserv, and PayPal, aiming to integrate stablecoins into everyday transactions. This reflects a growing trend of institutional adoption of stablecoins, especially as regulatory frameworks develop. Lastly, Fed Chair Jerome Powell has reiterated a cautious approach to monetary policy, indicating that the economy's current state allows for patience before any rate adjustments. Together, these developments highlight the dynamic shifts in the cryptocurrency and financial sectors. Show more
Time of India
13 hours ago
- Business
- Time of India
Cryptocurrency Live News & Updates : Eyenovia Stock Soars Over 65% After Financing News
24 Jun 2025 | 11:55:11 PM IST Eyenovia's shares jumped by over 65.2%, boosting its market cap to $26 million, following the announcement of a $50 million PIPE financing initiative for its HYPE strategic reserve plan. Eyenovia has seen a remarkable surge in its stock price, increasing by over 65% after announcing a $50 million PIPE financing initiative aimed at launching its HYPE strategic reserve plan. Meanwhile, Belgravia Hartford Capital has initiated a Bitcoin-focused private placement financing of CAD 10 million, fully backed by Bitcoin reserves, indicating a growing trend of companies leveraging cryptocurrency for funding. Synaptogenix is also entering the crypto space with its acquisition of TAO, part of a broader strategy centered on artificial intelligence and machine learning. In the cryptocurrency market, APT has experienced a significant 17.75% increase, briefly surpassing the $4.8 mark. Conversely, Circle's stock has dropped 15% following a warning from the Bank for International Settlements about the risks associated with stablecoins, despite still being over 600% higher than its IPO price. This mix of soaring stocks and cautionary reports highlights the dynamic and often volatile nature of the cryptocurrency landscape. Show more
