Business

BlackRock, Coinbase, Strategy pledge $15 million to prepare Bitcoin for quantum threats

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A total of nine companies have formed a consortium pledging a combined $15 million over three years to support Bitcoin’s security research and open source development. Companies in the newly formed Bitcoin Security Consortium include major crypto market participants including BlackRock, Coinbase, Strategy, Anchorage Digital, ARK Invest, Block, Blockstream, Fidelity Digital Assets and Galaxy. The […]

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The Clarity Act is expected to miss its window before Congress’s summer recess, management says

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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 potential Senate action. Witt said he was “confused” by Thune’s sentiments and is “a little more optimistic,” though he agreed the bill likely won’t get a

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Goldman Sachs CEO backs Clarity Act despite banking industry concerns over stablecoin rules

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Solomon’s approval contrasts with growing opposition from other major bank executives, including JPMorgan Chase CEO Jamie Dimon, who has argued that the legislation could put traditional banks at a competitive disadvantage by allowing crypto companies to offer yield-bearing stablecoin products that resemble bank deposits without being subject to the same regulatory framework. Speaking to Fox

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Tassat will help smaller banks capitalize on the stablecoin boom before the big banks lock them out

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The announcement comes as stablecoins move further into mainstream finance following the passage of the GENIUS Act. Wall Street firms and banks are expanding stablecoin initiatives, while Citi expects the market to reach around $4 trillion by 2030. At that scale, Sussman said, concentrating reserves among a few institutions could create liquidity and deposit risks.

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Robinhood CEO Vlad Tenev’s X account hacked to promote token amid memecoin frenzy

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Robinhood ( HOOD ) CEO Vlad Tenev’s X account was compromised on Thursday and used to promote a fake memecoin as traders have been piling into tokens on the brokerage’s newly launched blockchain network. The now-deleted post introduced a token called Vladhood ($VLAD) as the “official Robinhood chain mascot” and falsely claimed it would be

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Coinbase’s business customers can now accept payments from AI agents

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“We’re delivering that experience to the new online agency economy,” Coelho-Prabhu said in an interview. “Agents, on one side of the transaction, will go and read the Coinbase developer docs, create a wallet for themselves and be ready to trade. Then we empower the companies so that everything in their inventory is now available on

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Uniswap (UNI) is pushing deeper into tokenized RWAs with permitted trading pools

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Uniswap (UNI), one of the largest and longest-running decentralized exchanges, is making a deeper push into tokenized assets, introducing a feature designed to let regulated securities trade on the venue without sacrificing compliance requirements. The developer of the decentralized exchange, Uniswap Labs, is rolling out “Permissioned Pools” on Thursday, a piece of infrastructure that allows

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