Business

Is the Amaury family, owner of the Tour de France, suffering from cycling?

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After World War II, the French government seized the breed from the previous owner, who had collaborated with the Nazis. Then, in 1956, Émilien Amaury, founder of Le Parisien Libéré, another newspaper, and an associate bought the rights, in perpetuity, for 20 million French francs, according to Alex Duff, author of “Le Fric: Family, power […]

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Dogecoin and Ether Lead Pullback as Investors Digest Tech Profits

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Dogecoin fell 4.5% and ether 2.5% on Friday, leading to a broad but slight decline among the majors as the market consolidated a strong week, according to CoinDesk data. XRP and Solana each slipped around 2.5%, while Bitcoin held up better, down 0.6% to around $65,400. The decline has barely dented the weekly picture. Bitcoin

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Brent crude oil prices rise above $100 as conflict with Iran drags on

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Global oil prices hovered around $100 a barrel on Friday after Iran rejected a U.S. ceasefire offer, fueling investor fears that the widening conflict could limit energy shipments from the region indefinitely. Allegations of strikes on oil tankers in the Red Sea by the Iran-backed Houthi militia on Thursday added to fears about the flow

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Ripple’s RLUSD Receives Two Boosts as Transfer Volume Drops 25%

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Fintech company Ripple made two moves Thursday aimed at boosting its dollar-backed stablecoin, RLUSD, during a month where transfer volume across the token fell 25%. The first is Ripple Mint, a platform that allows institutional clients to create, trade, link and track RLUSD via a web dashboard or direct integration. Until now, creating RLUSD –

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Mirae plans to turn crypto exchange Korbit into something Korea has never seen before

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Korbit currently holds less than 1% of South Korea’s domestic crypto market, far behind giants Upbit and Bithumb. When asked directly about its strategy to compete, Mirae Asset emphasized that the goal is not to overtake another company or exchange, but to promote sustainable growth of South Korea’s digital assets sector. “We intend to combine

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Bitcoin stable around $65,000 as “Mag 7” experiences its worst day since 2025

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As of Friday morning, Bitcoin held nearly $65,000 in Asia, barely moving as nearly $800 billion evaporated from America’s biggest tech stocks — a rare stretch of independence for an asset that has tracked the AI ​​trade all month. The largest cryptocurrency is trading at around $65,400, down less than 1% on the day and

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Polymarket to challenge national blocking of websites in France

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Polymarket plans to challenge France’s decision to block its website, arguing that the order prevents users from accessing its market probabilities even though trading from the country has been disabled since November 2024. France’s National Gaming Authority last week ordered internet providers to block the platform, saying it exposed users to potential losses and offered

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Clarity Act not expected to take effect until Congress’s summer recess, leaders say

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White House crypto adviser Patrick Witt responded to Thune’s remarks in an interview with CoinDesk on Thursday, arguing that the first week of August should still be open for possible Senate action. Witt said he is “puzzled” by Thune’s sentiment and is “slightly more optimistic,” while acknowledging that the bill is unlikely to get a

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Coinbase business customers can now accept payments from AI agents

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“We are offering this experience for the new online agentic economy,” Coelho-Prabhu said in an interview. “Agents, on one side of the transaction, will read the Coinbase developer documentation, create a wallet for themselves, and be ready to make purchases. Then we’re empowering businesses to make everything in their inventory now available on the internet

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