Meta, the US tech giant led by Facebook creator Mark Zuckerberg, aims to enter the stablecoin space later this year, pending a successful integration with a third-party company to facilitate payments using dollar-pegged token technology, according to three people familiar with the plans. The tech giant, which owns Facebook, WhatsApp and Instagram and has more […]
The widely followed Coinbase Bitcoin Premium Index briefly appeared to recover after the February 5 crash. This was not the case. The premium has now been negative for 40 consecutive days, according to Coinglass data, establishing the longest streak of sub-zero values since 2023. The current value sits at -0.0467%, barely changed from two weeks
US demand turns negative for record 40 days as ‘Bitcoin zero’ searches peak Read More »
Crypto exchange Binance on Tuesday accused the Wall Street Journal of publishing “false information” in a Monday article about the exchange allegedly firing employees investigating funds flowing through the exchange to sanctioned entities. Richard Teng, co-CEO of Binance, accused the WSJ of “inaccurate reporting about our compliance program” in an The letter is similar to
Stripe, which processed $1.9 trillion in transactions last year and was recently valued at $159 billion, is considering acquiring all or part of PayPal (PYPL), according to a Bloomberg report. Deliberations are in their early stages, the report continues. If completed, the deal would bring together two major payments companies that have both moved into
SAN FRANCISCO, CA – Crypto isn’t just about building faster payment rails. Perhaps it’s about building a financial system for non-humans. As AI agents become more autonomous, developers are already offering them crypto wallets, allowing software to hold assets, pay for services, trade tokens, and even hire other agents. The technical elements are being put
crypto wallets for AI agents create a new legal frontier Read More »
SAN FRANCISCO, CA – As artificial intelligence advances, some crypto executives believe it could become the force that finally pushes blockchain infrastructure into widespread use. Others aren’t convinced the jump is so simple. During a recent panel discussion at NEARCON 2026, Hunter Horsley, CEO of Bitwise, described AI as “an unstoppable freight train,” arguing that
SAN FRANCISCO, CA – As artificial intelligence dominates venture capital funding and grabs headlines, some in crypto are starting to wonder if the industry has missed its “ChatGPT moment” – or worse, if capital is moving away for good. Haseeb Qureshi, managing partner at venture capital firm Dragonfly, categorically rejects this formulation. “I would completely
Crypto isn’t losing to AI, it’s just that ‘capitalism is doing its job,’ says Dragonfly Read More »
The US Treasury Department has sanctioned a Russian company, Operation Zero, and the individuals who run it after accusing them of purchasing stolen cyber tools for millions in cryptocurrency and reselling the technologies, created for use by the US government. The tools purchased and sold by the recently sanctioned Sergey Sergeyevich Zelenyuk and his company,
Millions Crypto-Funded Tools to Exploit US Software, Treasury Says in New Sanctions Read More »
The U.S. Securities and Exchange Commission (SEC) has approved a special application from asset manager WisdomTree allowing shares of its Treasury Money Market Digital Fund to trade at $1 through a broker-dealer on an intraday basis, regardless of the fund’s end-of-day net asset value. Until now, investors in the fund, which trades under the symbol
SEC Approves WisdomTree Plan for 24/7 Trading of Tokenized Money Market Fund Read More »
Days after JPMorgan Chase & Co. admitted to unbanking President Donald Trump following the Jan. 6, 2021, attack on the Capitol, the Federal Reserve is seeking comment on its proposal that would block government watchdogs from pushing banks to cut ties with legal customers based on their businesses, including crypto companies. “We have heard of
Fed Proposes Rule to Combat Crypto Debanking by Removing “Reputational Risk” Read More »
