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Utexo, a startup building Bitcoin-native stablecoin settlement infrastructure, announced a $7.5 million seed round co-led by Tether, Big Brain Holdings, and Portal Ventures.  The round also included participation from Franklin Templeton, Maven11 Capital, Fulgur Ventures, Alchemy VC, Ethereal Ventures, Auros Ventures, Arcanum Capital, Paper Ventures, Axia8, FlowTraders, Plan B, Gate Ventures, Sats Ventures, and strategic angels including operators from Ledger, Hyperion, BTC Turk, Echo, Legion, and SOLV. The company was founded to address a longstanding gap in the cryptocurrency ecosystem: enabling USDT to settle natively on Bitcoin with robust, production-ready payment rails. Tether’s  CEO, Paolo Ardoino, said that Bitcoin has…

The initial public offering (IPO) of Sedemac Mechatronics Ltd, a Pune-based manufacturer of powertrain controls and auto parts, managed to get fully subscribed on Friday, March 6 — the last and final day of bidding — amid strong demand from institutional investors.The offer was booked 46% at the end of the second day.According to BSE data, Sedemac Mechatronics IPO attracted bids for 1,51,10,909 shares, against the total offer of 56,32,899 shares, resulting in 2.68 bids.Breaking down subscription by category, Qualified Institutional Buyers (QIBs) saw the highest bids at 8.46 times bids, while the quota for non-institutional investors was subscribed 77%…

Declines in Old Dominion Freight Line’s key metrics moderated in February. A 3.3% year-over-year decline in revenue per day during the month was better than the 6.8% drop the less-than-truckload carrier recorded in January. “We are encouraged by trends that we have seen develop in our business … we remain cautiously optimistic about the direction of the domestic economy,” said Marty Freeman, Old Dominion president and CEO, in a news release. Old Dominion’s (NASDAQ: ODFL) tonnage declined 6.8% y/y in February as a 7% decline in daily shipments was only partially offset by a 0.2% increase in weight per shipment.…

The banks’ side in the Clarity Act negotiations refuses to accept the White House’s suggested compromise. Trump’s crypto advisor, Patrick Witt, called out JPMorgan CEO Jamie Dimon for his misleading comments about stablecoin yields. US President Donald Trump has recently put pressure on banks in ongoing talks over the Clarity Act. However, the gatekeepers of traditional finance are reportedly not playing ball with the White House’s proposed compromise. Along the way, White House digital asset advisor Patrick Witt has engaged JPMorgan Chase CEO Jamie Dimon in a war of words after Dimon criticized the crypto industry. Clarity Act Negotiations Hit…

A TON blockchain whale sent $220K to a scammer by mistake. The scammer kept $17K and returned the rest with an apology note.A TON blockchain whale recently fell victim to an address poisoning scam. The incident cost him $220,000 worth of TON tokens. He sent the funds to the wrong wallet by mistake. The scammer, however, did something few expected: he sent most of the money back. The unusual move has since sparked wide conversation across crypto communities online.How the TON Blockchain Scam UnfoldedAccording to a post by crypto user Adam Muhammad Mukhtar on X, the scammer had set up a…

Higher interest rates have become one of the biggest forces shaping the stock market. If the keeps policy tight for an extended period, certain sectors could face significant pressure. Stocks most vulnerable typically share a few characteristics: High valuations based on future earnings Heavy debt loads Capital-intensive business models Dependence on cheap financing Below are five US stocks that could struggle if interest rates remain elevated.1. Tesla (TSLA)Tesla’s (NASDAQ:) rally has been driven by strong growth expectations in electric vehicles, AI, and autonomous driving. However, higher interest rates can create several headwinds. Why higher rates matter Car purchases often rely…

RippleX Head of Engineering J. Ayo Akinyele commented on the bug in the Batch amendment a few days after the incident, outlining plans to prevent similar risks and improve the operation of the XRPL so that such vulnerabilities cannot arise again and the ledger receives a broader security upgrade.For those unfamiliar with the situation, the XRPL network Batch bug created a critical destabilization risk through incorrect handling of batched transactions. This could have allowed malicious actors to exploit the vulnerability to halt ledger operation or disrupt consensus between validators.How RippleX will use AI to boost XRP Ledger securityAccording to Akinyele, developers plan…

📊No votes yet – Be the first to vote Britain’s financial watchdog starts fresh look at investment entity rules. The Financial Conduct Authority kicked off a comprehensive review of UK listing requirements on March 4, 2026, after getting hammered by stakeholders who said current eligibility criteria are way too restrictive and basically shut out legitimate investment vehicles from going public. The move comes as part of the Primary Markets Effectiveness Review, where the FCA wants to figure out if certain investment types are getting unfairly blocked from listings. Industry feedback has been pretty brutal – sources close to the regulator…

Analyst Report: Rio Tinto PLC

Antara: Raiders & Royals (“Antara”), the official game of the upcoming Antara feature film, today announced the release of its mobile apps for iOS and Android, expanding its onchain strategy universe to global mobile gamers. Following its debut on Solana, Antara demonstrates how blockchain economies can enhance traditional gameplay without adding friction or complexity for players. Highlights: – Launch of Antara mobile apps for iOS and Android following prior Solana release – Web3 strategy meets mobile gaming: base‑building, raiding, and territorial conquest with real ownership – Player‑owned NFTs representing chiefs, armies, and kingdoms; tradable within the Solana ecosystem – Free‑to‑play…