Meta, the US tech giant led by Facebook creator Mark Zuckerberg, aims to enter the stablecoin space later this year, pending successful integration with a third-party firm to facilitate payments using the 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 well-followed Coinbase Bitcoin Premium Index briefly looked like it was recovering from the February 5 crash. It wasn’t. The premium has now been negative for 40 days in a row, according to Coinglass data, marking the longest streak of readings below zero since 2023. The current reading stands at -0.0467%, barely changed from two
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 that the exchange is allegedly firing employees who investigate funds moving through the exchange to sanctioned entities. Richard Teng, Binance co-CEO, accused the WSJ of “inaccurate reporting on our compliance program” in an X post. He included
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. Considerations are at an early stage, the report continued. If completed, the deal would bring together two major payments companies that have both moved into
SAN FRANCISCO, CA – Crypto isn’t just building faster payment rails. It could be building the financial system for non-humans. As AI agents become more autonomous, developers are already providing them with crypto-wallets, enabling software to store assets, pay for services, trade tokens, and even hire other agents. The technical pieces fall into place. The
crypto wallets for AI agents create a new legal frontier Read More »
SAN FRANCISCO, CA – As artificial intelligence races forward, some crypto executives believe it could become the force that finally pushes blockchain infrastructure into widespread use. Others aren’t convinced the leap is so straightforward. In a recent panel discussion at NEARCON 2026, Bitwise CEO Hunter Horsley described AI as “an unstoppable freight train,” arguing that
SAN FRANCISCO, CA – As artificial intelligence dominates both venture funding and headlines, some in crypto are beginning to wonder if the industry has missed its “ChatGPT moment” – or worse, if capital is permanently spinning away. Haseeb Qureshi, managing partner at crypto venture firm Dragonfly, flatly rejects this framing. “I would completely dispute this
The U.S. Treasury Department has sanctioned a Russian company, Operation Zero, and the people behind it after accusing them of buying stolen cyber tools for millions in cryptocurrency and reselling those technologies that were created for use by the U.S. government. The tools bought and sold by the recently sanctioned Sergey Sergeyevich Zelenyuk and his
Millions in crypto-funded tools to exploit US software, Treasury says in new sanctions Read More »
Bitcoin BTC$63,304.16 pushed back above $64,000 in early U.S. trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence. Recently trading at $64,200, bitcoin was still lower by 0.75% over the past 24 hours, but well above the morning’s low of $62,500. Ether (ETH) and solana (SOL) also pared big early
BTC narrows big early losses and climbs back above $64,000 Read More »
Days after JPMorgan Chase & Co. admitted to bashing President Donald Trump after the Jan. 6, 2021 attack on the Capitol, the Federal Reserve is seeking comments on its proposal that would stop government oversight from pressuring banks to cut ties with legitimate customers based on their activities, including crypto businesses. “We’ve heard troubling cases
Fed Proposes Rule to Handle Crypto Debanking by Scrapping ‘Reputational Risk’ Read More »
