Revolut drops takeover plans, seeks US banking license: Report
Revolut is planning to apply for a US banking license through the OCC after previously considering a bank acquisition that could have required branch commitments.
Restaking promises yield but delivers only stacked risk and no real value
Restaking yields come from token emissions and VC incentives, not productive activity. Complex models concentrate power among large operators, while compounding risk cascades.
Farcaster to return $180M to investors following Neynar takeover
Decentralized social network Farcaster remains operational after its acquisition by Neynar and confirmed plans to return $180 million in capital to investors.
Binance applies for MiCA license in Greece as EU deadlines loom
Binance applied for a MiCA license in Greece shortly after France flagged the exchange as still unlicensed under MiCA ahead of June compliance deadlines.