Latest news with #crypto
Bloomberg
an hour ago
- Business
- Bloomberg
Stock Movers: Carmax, Circle, Home Depot
On this episode of Stock Movers: - CarMax (KMX) reported earnings per share for the first quarter that beat the average analyst estimate. - Circle Internet Group (CRCL) shares are set to extend gains, rising 14% in premarket trading. The stablecoin issuer rallied almost 34% on Wednesday after the US Senate passed stablecoin legislation setting up regulatory rules for crypto currencies pegged to the dollar. - Home Depot (HD) has made an offer for GMS Inc., potentially setting off a bidding war with QXO Inc. which this week made a $5 billion offer for the building-products distributor, the Wall Street Journal reported Thursday. The offer from Home Depot, the world's largest home-improvement retailer, is for an undetermined sum, the Journal said, citing people with knowledge of the matter.
Skift
2 hours ago
- Business
- Skift
Boeing's Political Cash, Bhutan's Crypto Tourism and U.S. Flight Spending
For Friday's podcast we count up Boeing's lobbying dollars, look at Bhutan's crypto push, and add up flight bookings in the U.S. Skift Daily Briefing Podcast Listen to the day's top travel stories in under four minutes every weekday. Listen to the day's top travel stories in under four minutes every weekday. Skift Travel Podcasts Good morning from Skift. It's Friday, June 20. Here's what you need to know about the business of travel today. Even before last week's Air India crash brought renewed scrutiny to Boeing's safety practices, the company had been ramping up its political spending in Washington, writes Contributor Dave Levinthal. During the first five months of 2025, Boeing's federal PAC distributed nearly $1 million among almost 300 political committees. These include the campaigns of dozens of members of Congress. The company, a major federal defense contractor in addition to its status as a civil aviation behemoth, also maintains a large force of D.C. lobbyists. Since 2008, Boeing has spent at least $11.9 million annually on federal lobbying efforts. In recent years, Boeing has faced heavy criticism for its corporate safety culture, with federal lawmakers hauling top executives before their congressional committees multiple times. Listen to This Podcast Apple Podcasts | Spotify | Youtube | RSS Next, Bhutan has launched the world's first nationwide crypto-based tourism payment system, writes Asia Editor Peden Doma Bhutia. Partnering with crypto payment unit Binance Pay, and DK Bank, Bhutan now lets visitors pay for nearly everything in cryptocurrency — from visa fees and flights to local handicrafts and fruit at a roadside stall. This marks the first time a nation has integrated cryptocurrency payments across its entire tourism economy. The system works with Binance Pay and travelers can pay in more than 100 cryptocurrencies. DK Bank, the country's first fully digital, state-owned bank, converts payments instantly into Bhutan's local currency. For businesses, especially those in rural areas, the new system allows access to a global payment network, without the need for international banking links or expensive card terminals. Finally, U.S. flight sales through travel agencies are down overall, but online agencies have shown gains throughout the year, reports executive editor Dennis Schaal. Sales through OTAs rose 8% in May while those through traditional leisure agencies dropped 5%, and corporate travel agencies saw an 8% decline. has been expanding its flights business and now outsells Expedia, according to Skift Research.
Associated Press
4 hours ago
- Business
- Associated Press
LF Labs Is Turning Crypto Into Real-World Payments
Dubai, United Arab Emirates--(Newsfile Corp. - June 20, 2025) - LF Labs is building a unified Web3 ecosystem with tools like the LF Wallet and blockchain-powered PoS machines, while accelerating early-stage crypto startups through funding and liquidity support. [ This image cannot be displayed. Please visit the source: ] LF Labs Is Turning Crypto Into Real-World Payments The Real-World Utility Crypto Has Been Waiting For As the crypto industry matures, projects that focus solely on hype or niche utility are giving way to those offering real-world, end-to-end value. One such emerging force is LF Labs, a multi-pronged Web3 infrastructure builder that is rapidly gaining traction. Rather than confining itself to a single function or product, LF Labs is constructing a full-stack crypto ecosystem aimed at solving the fragmentation in blockchain adoption. Its offerings span across the entire value chain—from early-stage project acceleration to merchant-ready crypto payment tools—bringing Web3 closer to everyday users and businesses. More Than Funding: Building Sustainable Projects At the heart of LF Labs is the LF Accelerator launchpad initiative which provides early-stage crypto startups with access to a robust market. [ This image cannot be displayed. Please visit the source: ] Source: LF Labs Medium This approach makes LF Labs more than just an investor. It becomes a strategic partner committed to long-term success, offering both capital and operational infrastructure. With an emphasis on building sustainable token economies, LF Labs aims to set a higher bar for what early-stage support should look like in Web3. Tools That Power Everyday Crypto Use As adoption expands, user-friendly crypto tools are becoming increasingly critical. Enter the LF Wallet — a soon-to-launch, non-custodial wallet designed for mainstream usage. This non-custodial wallet is designed to be the user's all-in-one crypto control center. It will offer features like staking, swapping, and most notably, integration with Point-of-Sale (PoS) machines. The wallet will also support LF Coin-based post payment options, enabling users to make real-world purchases and settle payments later using LF Coin. This flexible model is a bold step toward bridging crypto with traditional consumer behavior- buy now, pay later, but decentralized. [ This image cannot be displayed. Please visit the source: ] Source: Crypto at the Checkout: LF PoS Devices LF Labs' blockchain-powered Point-of-Sale system brings crypto payments to merchants of all kinds—whether food trucks, retail stores, or Web3 events—by enabling on-the-spot transactions just like credit or debit cards. Designed for speed, security, and broad token compatibility (including LF Coin), each terminal syncs directly with the LF Wallet, allowing users to pay instantly and merchants to receive instant confirmations without worrying about volatility or complex conversions. Early access for the devices is now open via with limited units available. A Complete Ecosystem, Not Just a Product What distinguishes LF Labs is its holistic approach. By combining investment, liquidity services, user wallets, and merchant hardware, it offers a full-stack infrastructure solution for crypto's next growth phase. While many projects focus on one layer of the stack, LF Labs connects them all—helping tokens launch, scale, and become usable in the real world. The result is a powerful, unified ecosystem where both users and businesses can participate confidently. Positioned for the Future of Web3 As the Web3 economy continues to evolve, LF Labs is emerging as a frontrunner in real-world crypto infrastructure. With its wallet, PoS devices, and accelerator program all advancing rapidly, it is uniquely positioned to bridge the gap between speculation and utility. For early adopters, LF Labs presents a rare opportunity: to be part of a movement that's not just talking about crypto in the real world—but actively building it. Media Contact LF Labs To view the source version of this press release, please visit
Associated Press
4 hours ago
- Business
- Associated Press
Bitcoin Solaris Enters Final Weeks of Presale with Explosive Growth and Mobile Mining Breakthrough
TALLINN, Estonia, June 20, 2025 (GLOBE NEWSWIRE) -- Bitcoin Solaris (BTC-S), a next-generation blockchain project focused on scalability, energy efficiency, and mobile accessibility, has officially entered the final weeks of its presale, marking a pivotal moment for early adopters. With the presale set to close on July 31, momentum is surging as thousands of users join what's quickly becoming one of the most talked-about launches in the crypto space. At the heart of Bitcoin Solaris is a mission to create a blockchain that's not only high-speed and secure but also accessible to everyday users. Designed with mobile-first infrastructure and built on a dual-consensus model, BTC-S is setting the stage for a blockchain ecosystem capable of supporting real-world use cases—from decentralized finance (DeFi) and NFTs to tokenized real estate and e-voting. The Engine Behind Bitcoin Solaris: Power Meets Practicality Bitcoin Solaris doesn't just promise innovation, it delivers it at the protocol level. By combining a dual-consensus mechanism and mobile-first scalability, BTC-S brings a completely modernized architecture to the table. Here's how it breaks away from outdated networks: The performance is unmatched in its tier: Smart Contracts at Lightning Speed See Why Developers Love BTC-S A Wealth-Building Engine for the Mobile Generation At the core of BTC-S's mass appeal is its accessibility. The upcoming Solaris Nova app introduces mobile mining, allowing users to participate using just their smartphones, no expensive rigs, no complicated setups. You can estimate potential earnings through their mining calculator, showing exactly how BTC-S plans to bring mining rewards back to the people. This seamless user experience is one of the key reasons the project is catching fire. Unlike Bitcoin, which requires industrial-scale hardware to earn a fraction of a coin, Bitcoin Solaris is opening the gates for everyday investors to benefit directly from the network's growth. Real-World Utility Backed by Robust Infrastructure Bitcoin Solaris is more than just a fast network. It's built for real-world adoption, including support for: The dual-layer architecture also enhances privacy via optional Zero-Knowledge Proofs and protects against 51% and long-range attacks, making BTC-S a secure, high-speed alternative for serious developers and investors alike. Security and transparency are reinforced by successful audits from both Cyberscope and Freshcoins, giving investors confidence in its infrastructure. The Presale Frenzy: Numbers Don't Lie Bitcoin Solaris is currently in Phase 8 of its presale, priced at just $8. With a launch price set at $20, and less than 7 weeks left until it ends on July 31, the clock is ticking. Visit the Bitcoin Solaris site now before it enters Phase 9. Momentum is growing fast, just check crypto YouTube channels. Influencers like Ben Crypto and 2Bit Crypto have each done a full breakdown of why this is one of the most exciting crypto launches this year. Why Bitcoin Solaris Could Make Its Early Backers Rich There's no one-size-fits-all in crypto, but Bitcoin Solaris is checking all the right boxes for those hunting high-upside projects: More than just a presale buzzword, BTC-S represents the kind of practical, accessible crypto opportunity that's been missing from the market for years. The fact that the network is designed to reward real usage, not just holding, means that early adopters stand to gain much more than just token appreciation. As excitement builds and new features continue to roll out, Bitcoin Solaris is proving it's not here to follow Bitcoin, it's here to outshine it. For more information on Bitcoin Solaris: Media Contact: Xander Levine [email protected] Press Kit: Available upon request Disclaimer:This is a paid post and is provided byBitcoin Solaris. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information do not guarantee any claims, statements, or promises made in this content is for informational purposes only and should not be considered financial, investment, or trading in crypto and mining-related opportunities involves significant risks, including the potential loss of is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press the event of any legal claims or charges against this article, we accept no liability or does not endorse any content on this page. Legal Disclaimer:This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or assume no responsibility for any inaccuracies, errors, or omissions. Photos accompanying this announcement are available at :
Crypto Insight
6 hours ago
- Business
- Crypto Insight
This protocol aims to unify the fragmentation of Web3 and unlock Bitcoin DeFi for every chain
Communication protocol GVNR prepares to launch GVNR following the successful deployment of its proof-of-concept applications that unify Web3. Navigating crypto in 2025 feels like flying with three different passports: one for Ethereum, another for Bitcoin and a third for the favorite side-chain. Every hop between wallets introduces extra clicks, swap fees, fresh attack surfaces and, most worryingly, the risk of unexpected tax events. This creates a fragmented, clunky experience that frustrates users and keeps newcomers out. GVNR, a foundational general message passing layer for Web3, believes detouring is a relic of the early internet era. After 18 months of building, the team is rolling out a universal routing layer that lets any smart contract communicate with any other chain as naturally as web pages link to each other. The project's goal is simple: treat every blockchain as one cohesive runtime. Its protocol passes signed messages among chains so developers don't need wrapped assets, bridges or custodial middlemen. Instead of constantly switching networks and wallets, users just make one move, and GVNR handles the rest behind the scenes. Avoiding bridges and wrapping tokens can eliminate the tax risks; in fact, few understand that bridging assets can trigger a tax liability. Putting theory into practice Putting this vision into action, GVNR has already launched three live proof-of-concept apps that show what seamless interoperability can look like: GVNR Portfolio: A dashboard where users and their AI agents can view and control tokens scattered across every connected chain from a single interface. JustPay: A checkout layer that unlocks $500 billion of asset value, letting users spend any token on any chain to pay an invoice on a different chain. For example, an Arbitrum bill can be settled with Bitcoin, or a Solana mint can be covered with USDC on Polygon in a single click. JustSwap: An aggregation layer for decentralized exchanges (DEX) that lets traders swap tokens on any chain for any other asset across connected ecosystems, and a unique swap and send function so users can gas new wallets with a single action. GVNR has already processed more than $450,000 onchain, with over 26,000 users executing more than 60,000 swaps, minting over 35,000 non-fungible tokens (NFTs) across ten chains and logging over 143,000 transactions in total. Each interaction is a live demonstration that GVNR messages can shepherd value anywhere liquidity is needed. The engine of the ecosystem With its core technology demonstrated, the project is now centered on the launch of its native token, GVNR. The token is designed as a multifaceted utility asset that powers the entire network. Beyond its role in the protocol's decentralized governance, it will also be used for staking and payments. A key aspect of the token's design is its planned integration with the growing network of AI agents, which will be able to use GVNR to complete onchain actions. With a capped supply of 20 million, the token is now available to the public through a sale on Republic. The GVNR token empowers holders with governance rights through the GVNR DAO. Unlike many projects, there is no entity with 'labs' in its name that owns the intellectual property. GVNR's structure ensures that the decentralized autonomous organization's (DAO) sole purpose is to steer the protocol and drive value back to the token. This is reinforced by a deflationary furnace mechanism, which uses network fees to permanently reduce the token supply, aligning network growth directly with holder value and serving the ultimate vision of mobilizing a new era of crosschain liquidity. As foundational routing layers like GVNR mature, they begin to abstract away the complexity of the underlying blockchains. With such developments, the industry is gradually shifting from a collection of siloed networks toward a more unified landscape where digital value can move as freely as information, paving the way for a more intuitive and interconnected user experience. What's next? Following on, GVNR envisions a new permissionless era for Bitcoin. The team is building a permissionless Bitcoin DeFi loan product, named Diamond Hands. Other assets, such as ETH and SOL, have had access to loan products since DeFi began, but Bitcoin has been left behind, forced into wrapping, bridging and worse, centralized entities. Bridging and wrapping incur tax events, centralized entities risk default events; GVNR Diamond Hands will enable non-custodial native Bitcoin DeFi loans. Source:
