Cryptocurrency wallet platform Phantom hit an all-time high in the iOS app store on Wednesday. Phantom ranked ninth in free iPhone apps, the first time Phantom entered the top 10. It trailed eighth-ranked short video app TikTok, but surpassed messaging platform WhatsApp and social media giant Instagram, which ranked 13th and 14th respectively in free apps. In addition, Phantom ranked second in free utility apps on the iOS App Store on Wednesday, just behind Google's search engine.
Stablecoin firm Bridge has acquired Web3 wallet platform Triangle for an undisclosed sum. As part of the deal, the Triangle team will join Bridge to help build a scalable stablecoin system. Triangle founder Tasti Zakarie previously worked at Stripe, and recently payments firm Stripe acquired stablecoin platform Bridge for $1.10 billion, which is Stripe's largest acquisition to date and the largest in crypto history.