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TLDR Paramount Skydance raised its WBD bid above $30/share, likely exceeding $31 WBD’s board will review the offer but still recommends Netflix’s $27.75 deal If the board favors Paramount’s bid, Netflix has four days to counter Paramount CEO David Ellison has publicly vowed to win the deal A shareholder vote on the Netflix deal is scheduled for March 20 Paramount Skydance has raised its takeover bid for Warner Bros. Discovery, escalating one of the most competitive media deals in years. Warner Bros. Discovery, Inc., WBD The new offer tops Paramount’s previous $30-per-share all-cash bid. Bloomberg reported the move citing sources, though exact terms remain undisclosed. The bid was filed before Paramount’s seven-day negotiation window closed Monday, February 23. According to Variety, the revised offer is expected to exceed $31 per share. WBD is expected to inform shareholders it will review the Paramount offer before markets open Tuesday — while still formally recommending...

TLDR Binance.US plans to expand its US operations after the SEC dismissed its 2023 lawsuit with prejudice. Changpeng Zhao said a clearer regulatory climate could support deeper banking partnerships and a possible financial charter. The SEC dropped the case following a policy shift and a mutual agreement between regulators and the exchange. Binance. US had suspended dollar deposits and withdrawals for about eighteen months during the legal dispute. Binance agreed to pay $4.3 billion in penalties in 2023 over anti-money laundering violations. Binance.US plans expansion in the United States after regulators dropped their 2023 lawsuit. Changpeng Zhao outlined the path forward in a Bloomberg News interview. He said improved rules could support deeper banking ties and a financial charter. The SEC dismissed its civil case with prejudice last May. The agency and the exchange reached a mutual agreement after policy changes. The lawsuit had accused Binance entities of operating an un...

TLDR Ripple USD has reached a market capitalization of $1.56 billion with 1.55 billion tokens in circulation. RLUSD is now less than $500 million away from achieving the $2 billion market cap milestone. Ripple minted $40 million worth of RLUSD on Ethereum earlier this week. Daily trading volumes for RLUSD have remained above $43 million, with several sessions exceeding $100 million. RLUSD has maintained its $1 peg despite broader weakness in the crypto market. Ripple’s USD ( RLUSD )-backed stablecoin approaches a new supply milestone as market capitalization reaches $1.56 billion. Circulating supply stands at 1.55 billion tokens, according to CoinMarketCap data. The token now sits less than $500 million away from the $2 billion level. Ripple USD Supply Growth Nears $2 Billion Mark Ripple USD recorded a $40 million mint on Ethereum earlier this week. The mint increased total supply while daily trading volume stayed above $43 million. Data shows RLUSD has maintained volumes ...

TLDR Crypto funds recorded $288 million in net outflows last week, extending a five-week streak to $4 billion. Bitcoin led the losses with $215 million in outflows, while short-Bitcoin products attracted $5.5 million in inflows. The United States accounted for $347 million in withdrawals, while Europe and Canada posted combined inflows of $59 million. Trading volumes dropped to $17 billion, marking the lowest weekly level since July 2025. Ethereum, multi-asset products, and Tron also saw outflows, while XRP, Solana, and Chainlink recorded minor inflows. Crypto investment products extended their losing run to five consecutive weeks as investors withdrew billions from the sector. CoinShares reported $288 million in net outflows last week, which pushed the total to about $4 billion over five weeks. Trading volumes also fell sharply, which reflected reduced market participation even as prices steadied. Bitcoin Leads Outflows as Crypto Funds Face Pressure Bitcoin recorded $215 ...

TLDR: Crypto.com received OCC conditional approval to charter Foris Dax National Trust Bank on February 23, 2026. The federal charter will cover digital asset custody, staking across blockchains, and trade settlement services. Crypto.com submitted its OCC charter application in October 2025 after building a global compliance record. The approval does not affect Crypto.com Custody Trust Company’s ongoing operations under New Hampshire regulation. Crypto.com has received conditional approval from the Office of the Comptroller of the Currency (OCC) to charter Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank. The announcement came on February 23, 2026. This approval marks a key regulatory milestone for the company. It paves the way for Crypto.com to become a federally regulated qualified custodian. Services under the new charter will include custody, staking, and trade settlement across multiple blockchain protocols. OCC Conditional Approval Ma...

TLDR Amazon overtook Walmart as America’s largest company by revenue, posting $716.9B vs Walmart’s $713.2B in 2025. Walmart had held the top spot since 2001; Amazon’s revenue grew 12.4% last year vs Walmart’s 4.7%. AWS grew 20% and now makes up 18% of Amazon’s total revenue. Amazon is targeting 11-15% growth next quarter; Walmart is guiding for 3.5-4.5%. Both companies now use AI shopping tools; Walmart says AI users spend 35% more per order. Amazon’s $716.9 billion in annual revenue for 2025 officially ended Walmart’s 25-year run as America’s largest company by revenue. Walmart reported $713.2 billion for its most recent fiscal year — a gap narrow enough to close, but a gap nonetheless. Amazon.com, Inc., AMZN Walmart first claimed the title in 2001 when it passed Exxon Mobil. It held the crown every year until now. The revenue difference is tight. But the growth rates tell a clearer story. Amazon grew 12.4% last year. Walmart grew 4.7%. How Amazon Got Here Amazon’s r...