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Blockchain-Based Private Credit Startup Valinor Raises $25 Million in Funding, Led by Castle Island Ventures

2 hours ago

On March 30, Fortune reported that Valinor—a blockchain private credit startup founded by former Blackstone employees—has closed a $25 million seed funding round. The round was led by Castle Island Ventures, with participation from Susquehanna’s crypto arm, Maven11, TeraWulf founder Paul B. Prager, and Nazar Khan. Valinor aims to leverage blockchain and smart contracts to overhaul the private credit process, boosting lending efficiency. The fresh capital will be used to expand its loan business and ramp up hiring.
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Federal Reserve Governor Waller: Hopeful for Balance Sheet Reduction, Can Use Rate Cuts to Offset Impact

On March 30, Federal Reserve Governor Milan said the Fed’s balance sheet is too large and expressed intent to reduce it, adding that rate cuts could offset the balance sheet reduction. (Source: Kyi)

9 minutes ago

Privacy Blockchain Network Midnight Mainnet Goes Live, Google Cloud and MoneyGram Among Participating Nodes

On March 30, privacy-focused blockchain network Midnight—backed by Cardano founder Charles Hoskinson—officially launched its mainnet, with the goal of delivering end-to-end programmable privacy. Midnight’s core architecture features a hybrid ledger structure, client-side zero-knowledge proofs (ZKPs), shielded and unshielded assets (privacy and non-privacy assets), and selective disclosure capabilities. It operates on a dual-token economic model: NIGHT serves as the governance and utility token, used to generate network resource DUST; DUST covers transaction fees via a battery-style recharge model. Additionally, the network uses Compact—a TypeScript-based development language—built to reduce barriers to entry for ZKP technology. Currently, Midnight is in its initial phase, with partners including Google Cloud, MoneyGram, Worldpay, Bullish, Vodafone-owned Pairpoint, eToro, AlphaTON Capital, Blockdaemon, and Shielded Technologies operating as federated nodes. It will gradually trans

9 minutes ago

Fed Governor Bowman: Fed Could Gradually Cut Rates by One Percentage Point Over a Year

**March 30 – Federal Reserve Governor Milan said Wednesday that inflation is expected to return to the central bank’s target within a year, and the Fed could gradually cut interest rates by one percentage point over the same period.** ### Key adjustments for American English/breaking news style: 1. **Date framing**: Used "March 30 –" (standard for short alerts) + added "Wednesday" (common to tie dates to weekdays for clarity, even if implied). 2. **Conciseness**: Replaced "Federal Reserve" with "Fed" after first mention (standard in U.S. financial news). 3. **Natural phrasing**: - "adjust to the target level" → "return to the central bank’s target" (more idiomatic for inflation forecasts). - "within a year" → paired with "over the same period" (avoids repetition, flows better). 4. **Tone**: Matches the casual precision of U.S. breaking news (no overly formal language). If weekday is unknown (not specified in original), the version without "Wednesday" works too: **

9 minutes ago

ALTS Experience a 16.26% Intraday Plunge, Now Trading at $1.03

March 30 — Per Bitget market data, U.S. stock ALTS Sigma Corp (ticker: ALTS) dropped 16.26% intraday to $1.03. ALTS Sigma Corp is reportedly the WLFI Treasury firm listed on Nasdaq.

9 minutes ago

US Stocks Open Higher and Then Turn Lower, Nasdaq in the Red

On March 30, per Bitget data, U.S. equities opened higher before turning lower. The Nasdaq has moved into negative territory, the S&P 500 is currently roughly flat, and the Dow Jones Industrial Average is up 0.3%.

9 minutes ago

US Stock Market's Big Three Indexes Open Higher, Crypto Stocks Follow Suit

March 30 Per Bitget market data, U.S. stock markets opened higher on March 30, with the three major indices posting gains: - Dow Jones Industrial Average: +0.78% - S&P 500: +0.77% - Nasdaq Composite: +0.7% Crypto-related stocks mostly tracked the upward momentum, with the following moves: - Coinbase (COIN): +1.64% - Circle (CRCL): +0.85% - MicroStrategy (MSTR): +2.4% - Gemini (GEMI): -0.49% - BitMine (BMNR): +3.7%

9 minutes ago