Business — Page 170

The XRP treasury company completed its Armada Acquisition Corp. II merger on Oct. 9 and trades under XRPN, with warrants under XRPNW.

The South Korean bank will accept Bitcoin as its sole collateral, with custody handled by a qualified virtual asset service provider.

Eligible users holding MUB at the Oct. 14 snapshot will receive net dividends as additional units or fractional shares of the tokenized security.

A potential claim exceeding $700 million involves former Recurrent AI investors and could affect Moonshot’s ownership structure before a planned listing.

Nearly half of companies focused primarily on the Permian Basin reported oil-field theft, while 84% of affected executives said the financial impact was low.

Decart’s software helps developers move workloads between AI chips. The startup raised $300 million in May at a valuation of about $4 billion.

The automaker is emphasizing more affordable electric vehicles and a wider lineup as Chinese competitors gain ground in Europe.

The company expects to hold at least 473,276,430 XRP, but its final post-merger accounting treatment will not be known until financial statements are filed.

The Russian exchange is testing transactions with professional participants under a new cryptocurrency framework that took effect Sept. 1.

The speculative scenario depends on orbital AI computing, reusable launch systems and lunar manufacturing that SpaceX has not commercially deployed.

Maker Protection now covers 61 additional perpetual futures markets. Held orders can execute at their original expiry/release time even after a successful cancellation response.

Michael Saylor’s Oct. 11 post suggested Strategy may buy more Bitcoin, but did not confirm a transaction, amount or timetable.

Russia’s largest bank is testing crypto purchases, sales, deposits and withdrawals through Sberbank Online, with broader access planned for Dec. 1 if regulations take effect.

The senior secured notes mature in 2031 and will fund data-center construction. CleanSpark sold 702 BTC in September.

The company acquired 334 BTC and repurchased $176 million of STRC as of Oct. 4. Its press archive lists an Oct. 8 date for its next third-quarter earnings announcement.

JPMorgan Chase, Goldman Sachs, Citigroup and Wells Fargo are scheduled for Tuesday, followed by Morgan Stanley and Bank of America on Wednesday.

China’s memory-chip maker is expanding overseas as tight supply supports demand, while U.S. restrictions could limit access to some production tools.

The bitcoin miner holds 13,530 BTC after selling 702 coins in September and plans to replace monthly mining updates with quarterly disclosures.

The company expects AI data-center revenue to grow about 50% annually through 2030, with annual free cash flow reaching approximately $3.5 billion by then.

The Ethereum-focused company completed the repurchase Aug. 17 under a $4 billion authorization expanded earlier this year.

Tokenizing financial instruments and money could improve collateral mobility, but 24/7 markets would require continuous risk, liquidity and collateral management.

U.S. employers added 29,000 jobs in the latest month, leaving many job seekers searching after state benefits expire.

The exits took effect Sept. 2 as Uber plans to reduce its global workforce by about 10% and simplify its organization.

The firm plans to double its European assets under management over five years, targeting growth among Europe’s wealthy population.

The Japanese company sold 10,000 BTC and later bought 11,000 BTC, while Strategy maintained billions of dollars for dividends, interest and preferred-stock repurchases.

The companies plan institutional use cases involving trust-bank stablecoins, tokenized deposits, cross-border payments and securities, but disclosed no customers or launch date.

The deal makes FastNEAR SVRN’s first operating business outside its asset-reserve operations. Financial terms were not disclosed.

The unified cross-chain DEX, Aero, is scheduled to launch Oct. 21 across seven networks, including Base and Ethereum.

Subscriptions account for about 10% of revenue but use more than 40% of inference computing capacity, lowering blended revenue per megawatt by approximately $36 million.

Page views across 12 major exchanges reached about 151 million, with OKX up 29.7% and the top three platforms accounting for 60.1% of the total.

The Bulgarian bank will integrate crypto-asset investment services into its My Fibank app through Bitpanda Enterprise, with launch expected in early 2027.

The initiative is aimed at expanding Algorand’s ecosystem, with a focus on sustainability and scalability, through a potential renewable-energy application.

The policy would link rewards for token recommendations to the profits generated for followers.

Apple notified the European Commission after Huxe shut down its personalized audio service and deleted user data.

Management expects up to 70% of demand for some products to go unmet next year as AI data centers shift toward higher-bandwidth optical connections.

AI-related debt issuance reached an estimated $500 billion through Aug. 5, with hyperscalers accounting for about 40% of the broader total.

The early-stage discussions could also involve a larger investment, technology rights, more computing capacity or a talent-focused deal.

Transactions involved Service Properties Trust, Option Care Health, PTC, Energy Transfer and other companies across several sectors.

Cleveland-Cliffs’ Canadian unit is said to be moving ahead with hundreds of job cuts at production sites in Ontario after Ottawa urged it to avoid the layoffs.

Dan Doney linked the potential asset release to broader blockchain infrastructure discussions as DTCC and Chainlink plan a Collateral AppChain for Q1 2027.