Business

Amazon’s distributor in Japan, AZ-Com Maruwa, will adopt the yen stablecoin JPYC for payments

A Japanese logistics company that counts Amazon Japan as a client plans to settle payments in the regulated yen stable currency JPYC with business partners, including independent truck drivers, according to a Nikkei Asia report. Tokyo-listed AZ-COM Maruwa Holdings (9090), which reported revenue of 230.5 billion yen ($1.4 billion) for the fiscal year ended March, […]

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Moonshot AI IPO follows Kimi and Alibaba AI releases that shook Bitcoin

K3 forms the basis of why the list is different than it would have been a month ago. The open-weight model outperformed all rivals – except Anthropic’s Claude Fable 5 and OpenAI’s GPT-5.6 – on some metrics, and surpassed a widely watched coding benchmark, triggering a semiconductor sell-off on Friday that dragged the crypto lower.

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Bitcoin Stalls Near $64,000 as Oil Hits Highest in a Month and Kimi AI Selloff Persists

Bets on stocks and technology continue to rally since Friday. Moonshot AI’s Kimi K3, a Chinese open-weight model that took first place in a widely watched coding benchmark, sparked a semiconductor selloff that dragged the crypto lower until it closed last week. The aftershock hit Asia on Monday, with South Korea’s Kospi falling 3.5% as

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BTC ETFs attract $273 million in two weeks. It’s peanuts compared to the recent exodus

This interpretation is intuitive given that ETFs, which allow investors to gain exposure to cryptocurrency without directly owning it, are widely seen as a cleaner gateway for institutions into the cryptocurrency market. As a result, positive ETF inflows mean BTC is receiving institutional support, while outflows suggest the opposite. The price of Bitcoin has also

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Michael Saylor Calls Bitcoin’s New BIP-110 Proposal a ‘Bad Idea’

Michael Saylor, executive chairman and co-founder of Strategy, has spoken out against a new proposal to clean up “spam” from Bitcoin, arguing it could fundamentally change how the world’s largest blockchain operates. Bitcoin Improvement Proposal (BIP) 110, aimed at temporarily restricting arbitrary data to focus on basic monetary functions, poses a threat to the network’s

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Tether’s USDT hits 2-year countdown, threatening its position on US crypto platforms

This year, Tether rolled out USAT – launched with US standards in mind and issued by US banking partner Anchorage Digital. For the moment, its use remains relatively low. “Non-compliant stablecoins will not be able to be used by U.S. institutions when the safe harbor expires in 2028, but we don’t expect the market to

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