Day: November 25, 2025
Paxos Expands Custody Services with Acquisition of Fordefi
The post Paxos Expands Custody Services with Acquisition of Fordefi appeared com. Caroline Bishop Nov 26, 2025 03: 40 Paxos has acquired Fordefi to enhance its custody infrastructure, combining expertise in blockchain solutions with Fordefi’s MPC wallet technology, aiming to power the on-chain economy. Paxos, a leading regulated blockchain infrastructure platform, has announced the acquisition of Fordefi, an institutional-grade custody and wallet technology provider. The acquisition aims to strengthen Paxos’ position in the on-chain financial economy by integrating Fordefi’s advanced technologies. Enhancing Custody Infrastructure This strategic acquisition is set to bolster Paxos’ custody infrastructure by combining its regulated infrastructure expertise with Fordefi’s multi-party computation (MPC) wallet architecture and decentralized finance integrations. This move is expected to provide clients with a unified platform for issuing stablecoins, tokenizing assets, and building complex payment flows while ensuring high security and compliance standards, according to [Paxos]( Leadership Remarks Charles Cascarilla, CEO and co-founder of Paxos, expressed enthusiasm for the acquisition, highlighting Fordefi’s impressive technology stack and customer base. He noted the importance of a regulated platform partner to meet the complex custody needs of market participants. Fordefi, founded in 2021 with offices in New York and Tel Aviv, is recognized for its MPC wallet platform designed to address security, connectivity, and policy challenges in decentralized finance. CEO Josh Schwartz emphasized that joining Paxos will expand Fordefi’s reach while maintaining its focus on security and innovation. Integration and Future Prospects While Fordefi will continue to operate its product independently in the short term, Paxos plans to integrate Fordefi’s technology into its infrastructure over time. The acquisition terms were not disclosed, but the collaboration is expected to offer enterprises a comprehensive custody and stablecoin infrastructure for deploying digital asset use cases at scale. About Paxos and Fordefi Paxos is known for its regulated blockchain infrastructure and tokenization platform, partnering with global.
Flow Traders Embraces DeFi with EigenLayer and Cap Integration
Flow Traders, a major liquidity provider, integrates with EigenLayer’s Cap, marking a significant step in bridging traditional finance with DeFi through innovative cryptoeconomic mechanisms. (Read More).
Dismal revenue outlook crushes optimism around Nutanix and its stock tanks
Shares of Nutanix Inc. tanked in late trading today after the company cut its full-year revenue outlook and delivered mixed financial results, with sales falling short of Wall Street’s estimates. The stock was down more than 16%, wiping out modest gains it had made earlier in the year. For fiscal 2026, the company said it’s [.] The post Dismal revenue outlook crushes optimism around Nutanix and its stock tanks appeared first on SiliconANGLE.
$128.6M Stunning Inflow Revival On Nov 25
The post $128. 6M Stunning Inflow Revival On Nov 25 appeared com. Have you been tracking the remarkable recovery of spot Bitcoin ETFs? On November 25, these investment vehicles staged an impressive comeback, recording a total net inflow of $128. 56 million. This positive shift comes just one day after experiencing net outflows, demonstrating the dynamic nature of cryptocurrency markets. What Drove the Spot Bitcoin ETF Inflows? The November 25 surge in spot Bitcoin ETFs tells a compelling story about investor confidence. BlackRock’s IBIT led the charge with substantial inflows of $82. 94 million, while Fidelity’s FBTC attracted an even more impressive $170 million. These massive inflows indicate growing institutional interest in Bitcoin exposure through regulated channels. However, the picture wasn’t uniformly positive across all spot Bitcoin ETFs. Some funds experienced outflows that partially offset the overall gains. Understanding these market movements helps investors make informed decisions about their cryptocurrency strategies. Which Spot Bitcoin ETFs Faced Challenges? While some spot Bitcoin ETFs enjoyed significant inflows, others faced investor withdrawals. According to data from TraderT, Ark Invest’s ARKB recorded outflows of $75. 92 million, and VanEck’s HODL saw $36. 95 million in outflows. This mixed performance highlights several key factors: Market rotation between different spot Bitcoin ETF providers Investor preference for established financial giants Portfolio rebalancing activities among institutional players Competitive fee structures influencing fund selection Why Are Spot Bitcoin ETFs Gaining Traction? Spot Bitcoin ETFs represent a revolutionary way for traditional investors to access cryptocurrency markets. These funds hold actual Bitcoin rather than derivatives, providing direct exposure to price movements. The recent inflow surge suggests several advantages are resonating with investors: First, spot Bitcoin ETFs offer regulatory clarity and security that appeals to cautious investors. Second, they provide liquidity and ease of trading through conventional brokerage accounts. Third, the transparency of these funds builds trust in an often-misunderstood asset class. What Does This Mean for Future.
Minneapolis man gets 38 years for fatal shooting while on the run
WILLMAR, Minn. A Minneapolis man was sentenced to prison for more than 38 years stemming from a 2024 crime spree that started with a domestic assault reported at a Lyndale Avenue apartment in South Minneapolis and ended with a fatal shooting outside Willmar in west-central Minnesota. Ameer Musa Matariyeh, 27, pleaded guilty in August [.].
Port Jefferson Chamber hosts ribbon cutting for Paddles Up Pickleball & Padel
By Heidi Sutton The Port Jefferson Chamber of Commerce held a ribbon cutting for their newest member, Paddles Up Pickleball & Padel in East Setauket, on Nov. 15. Located at 5 South Jersey Avenue in the former Made to Move Tennis & Wellness site, the new state-of-the-art facility features 8 indoor and 2 outdoor pickleball courts, 3 indoor padel courts, a full gym, saunas, yoga studio and more. Padel is an up-and-coming court sport that resembles both pickleball and tennis, with elements of squash and racquetball as well. The event was attended by Brookhaven Town Councilmember Jonathan Kornreich, members of the Port Jefferson Chamber of Commerce, co-owners Frank Glavan and Anthony Lipetri, and staff including Andy Morales (Head Pro and Regional Manager), Mike McCormack (Manager), Eric Onsins (Joola Pickleball Tour Pro), and Eric White (Joola Pickleball Tour Senior Pro). “Looking to level up your game? We offer private lessons and clinics with The HQ powered by Paddles Up, our world-class instructor team. Come see why thousands of players call Paddles Up their home court. Grab your paddle, bring your energy, and join the fastest-growing pickleball and padel community on Long Island!” read a release. “Congratulations to Paddles Up Pickleball & Padel on their grand opening! It’s great to see this space, once home to a tennis school, continue to serve as a place for recreation and connection. We’re excited to watch this new business grow and become a favorite spot for those looking to stay active and connect with others,” said Councilmember Kornreich. For more information, call 631-675-0482 or visit www. paddlesupny. com.
Jeremy Miado, Avazbek Kholmirzaev flyweight MMA clash confirmed for ONE Fight Night 38
A fiery flyweight MMA showdown between Jeremy Miado of the Philippines and Uzbek finisher Avazbek Kholmirzaev has been added to ONE Fight Night 38: Andrade vs. Baatarkhuu on Prime Video.
UAB knocks off UTEP 75-59
JACKSONVILLE, Fla. (AP) Jacob Meyer had 21 points in UAB’s 75-59 win over UTEP on Tuesday. Meyer also contributed five rebounds for the Blazers (6-2). Chance Westry scored 14 points, going 4 of 10 and 6 of 10 from the free-throw line. Evan Chatman shot 2 of 4 from the field and 7 for.
Beloved AEW star announces she’s returning very soon
A popular AEW star has recently talked about their comeback to the ring, hinting at this coming sooner or later. This comes following their hiatus of more than four months.
Infinity Nikki 2.0 free outfits and how to get them
With Infinity Nikki 2. 0 releasing shortly on November 25, 2025 (UTC -7), players are excited to get their hands on all the free outfits that will be available in this patch.
The New York Times
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