Diameter Pay, a new startup focusing on stablecoin payment infrastructure, completed a $10 million Series A round of financing, co-led by crypto venture capital CMT Digital and Lightspeed Faction.
A round of funding jointly led by two familiar faces in the crypto community shows that the outside world still has an appetite for the "stablecoin payment pipeline" puzzle piece. Diameter Pay has completed a $10 million Series A round of funding, co-led by CMT Digital and Lightspeed Faction.
Public information is currently limited to the amount of funds raised, rounds and leading investors. Diameter Pay’s specific product form, customer targets and fund usage have not been further disclosed.
Liquid Network saw an anomalous withdrawal of roughly 4,000 BTC — worth about $320 million at the time — over the weekend. An attacker claiming to be a white hat demanded a vulnerability patch before returning the funds. Blockstream has responded with a signed on-chain message, but as of this report, the funds have not yet been returned.
Capital B bought 376 bitcoin for €25.3 million, its largest single purchase in nearly a year, funded by a just-completed private placement. Adam Back joined the round, raising his stake to 17.64%.
French bitcoin treasury company Capital B raised €7.6 million through a private share placement, boosting Adam Back's stake to 17.77% while simultaneously raising the company's bitcoin holdings target.
The night before doors opened, a storm tore the stage apart. AfroPlus Fest went on anyway. Now in its second year, North America's biggest Afro-Caribbean hip-hop festival pulled crowds from Ghana, Jamaica, London, and Baltimore into Washington DC, where music became the thing that reconnected everyone to their roots.
The Neo Geo AES+ reboot console, licensed by SNK and manufactured by Plaion Replai, has seen its shipping date pushed from this November to September 16, 2027, due to tight memory chip supply caused by the AI infrastructure buying frenzy. The price, however, remains unchanged.
This week's second Nintendo Direct centered on the Switch 2 port lineup, with Monster Hunter Wilds, Final Fantasy 7 Revelation, and The Witcher 3 remaster all making appearances—before Metroid Ravenous and Kirby and the World Beyond were finally revealed at the very end.