In March, when Meta announced plans to begin paying creators in USDC in Colombia and the Philippines, with expansion to more than 160 countries planned by the end of the year, the move was widely interpreted as another step for stablecoins’ entry into the financial mainstream. A company responsible for nearly $3 billion in annual […]
Meta pays creators in Stablecoins. Spending them is someone else’s problem Read More »
America’s largest banks are preparing a direct response to one of the fastest-growing crypto products: stablecoins. JPMorgan Chase, Bank of America, Citigroup and other major lenders announced Friday that they plan to launch a shared tokenized deposit network through The Clearing House by the first half of 2027. The project would allow bank deposits to
The battle for digital dollars goes on-chain Read More »
James Wo, founder and chief executive of crypto investment firm DFG, says bitcoin remains the dominant institutional asset in crypto – and is unlikely to achieve the same status anytime soon. Speaking to CoinDesk at the Proof of Talk conference in Paris, Wo dismissed Bitmine Immersion Technologies President Tom Lee’s big prediction that ether would
Chicago-based trading giant DRW has spent decades profiting from disparities between different asset classes, and it is now building a dedicated prediction market desk targeting platforms such as Polymarket and Kalshi. The move is one of the clearest signs yet that sophisticated “quantitative trading” firms – traders who use complex mathematics and analysis to set
Why Quantitative Traders Use Complex Math Models to Hijack Your Weekend Sports Bets Read More »
A Bitcoin address that held 35.55 bitcoins worth $2.54 million untouched since March 2011 moved its coins earlier this morning, becoming one of the first publicly visible responses from a named defendant in a New York state lawsuit that claims legal title to 39,069 dormant Bitcoin wallets. The wallet, 1LwWtSs7tMCwcRczQd5kVMv3xpWw6w4Sxe, sent 15 BTC to a
Satoshi-era BTC at center of $285 billion Bitcoin lawsuit after 14 years Read More »
Following Bitcoin’s worst week in two years, Michael Saylor, executive chairman of Strategy (MSTR), released a framework on X, claiming that the Bitcoin community evolves into four distinct ideological camps. Rather than seeing these groups as competitors, he presents them as complementary forces that will collectively shape the future of Bitcoin. The first group, Bitcoin
Michael Saylor reveals the four tribes of Bitcoin as the market collapses Read More »
Some online discussions appear to speculate that retail investors could sell cryptocurrencies to pursue the largest IPO ever. SpaceX, the rocket, satellite and AI company owned by Elon Musk, is selling up to 30% of its record $75 billion offering directly to retail investors through Robinhood, Fidelity and Charles Schwab, more than three times the
Are Retail Traders Selling Bitcoin to Buy Elon Musk’s SpaceX IPO? Read More »
Taylor Hornby, the security engineer who used Anthropic’s Opus 4.8 AI model to find a critical bug in Zcash, says privacy coin Monero is among the tokens he intends to audit next. When asked on Monero, which trades under the symbol XMR, is among the largest privacy-focused cryptocurrencies and hides transaction details by default compared
Researcher who discovered Zcash bug with AI adds Monero to his audit queue Read More »
These days, opinions on crypto investments change in less than 24 hours. Arthur Hayes, co-founder of crypto exchange BitMEX and chief investment officer of family office Maelstrom, said Friday the company sold its entire stake in Worldcoin, the digital token tied to Sam Altman’s eye-scanning identity project, a day after saying it would continue to
WLD plunges 20% as Hayes abandons token a day after saying he would continue to hold it Read More »
Bitcoin reclaimed the $61,000 level Saturday morning in Asia after briefly falling below $60,000 overnight, stabilizing after a strong U.S. jobs report Friday sparked a sharp selloff in stocks, bonds and crypto. The token fell as low as $59,227 before buyers returned and was trading around $61,000, down about 1.3% on the day. The rebound
Bitcoin recovers $61,000 after falling below $60,000 in AI-led rout Read More »
