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Blockchain

Why Mastercard’s $2-Billion Crypto Move Could End Traditional Banking Hours


Key takeaways

  • Mastercard is in talks to buy Zero Hash, following earlier interest in BVNK, in a push toward 24/7 stablecoin settlement.

  • The deals could give Mastercard a turnkey onchain payments stack, accelerating its move from pilot to production.

  • Stablecoin-based settlement would let banks and merchants transact continuously, bypassing batch cutoffs and weekend delays.

  • Yet operational, compliance and liquidity challenges mean a hybrid phase will likely persist before full 24/7 adoption.

Mastercard is reportedly in advanced talks to acquire crypto…



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by Cointelegraph

United States-based Bitcoin mining company TeraWulf nearly doubled its third-quarter revenue this year thanks to price growth in Bitcoin, as well as an expansion in mining capacity and new income from its AI business. Revenue for the third quarter increased 87% year-over-year to $50.6 million, with “digital asset revenue” making up $43.4 million, according to TeraWulf’s Q3 earnings report on Monday. In Q1, the company had reported a net loss, and in Q2, the miner’s revenue increased 34% year-over-year to $47.6 million.  “These increases were… Source link

by Tech In Asia

After the announcement, Iren raised its 2026 annual recurring revenue guidance from US$500 million to US$3.4 billion. Source link

by Tech In Asia

The company reported Q3 net profit of US$56.8 million, up from US$38.5 million a year earlier. Source link