Crypto
Cryptocurrency, blockchain, and digital asset news.
Binance bets on becoming a crypto 'super app' as stablecoins reshape growth
Shunyet Jan, Binance’s head of spot trading and derivatives, said the exchange is focusing more on payments and financial services than on trading alone as it drives the next phase of its expansion.
The Clarity Act isn't a ticket to sanctions evasion, actually
The bill, as currently drafted, has the power to stop sanctions evasion at scale, argues Ari Redbord, global head of policy at TRM Labs.
UK government defers capital gains on certain crypto with ‘no gain, no loss’ approach
The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools.
JCB signs Circle MOU to test stablecoin payments in Japan
The companies will explore using USDC for JCB’s cross-border treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum.
Mizuho downgrades Circle to underperform, cuts price target to $50 on Open USD threat
The Japanese investment bank said Open USD's yield pass-through model could pressure Circle's margins by shifting more reserve income to distributors.
Wikipedia blackout could hurt how AI engines like ChatGPT understand crypto
Wikipedia observes guidelines on crypto coverage that date back many years and may now be outdated, according to the report.
U.S., UK move to align rules for tokenized finance across world's largest financial markets
The joint roadmap aims to reduce regulatory friction for tokenized assets while strengthening ties between the world's two largest financial centers.
CleanSpark shares jump 22% after $6.6B Georgia data center lease
The Bitcoin miner’s Georgia agreement with an undisclosed investment-grade technology company expands its footprint in AI and high-performance computing infrastructure.
Anchorage Digital expands Tron support with institutional TRX staking
Institutions can now stake Tron's native token directly from Anchorage's custody platform as the company expands support for one of the largest USDT settlement networks.
JPMorgan says Hyperliquid's rise threatens Circle's USDC economics
Hyperliquid's deal with Circle and Coinbase creates a "prisoner's dilemma" that puts pressure on earnings from the dollar-pegged stablecoin.
Bitcoin jumps on lowest US CPI since 2020 as traders stay wary of $64K failure
BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance.
Ethereum Foundation spinout EthSystems targets banks with blockchain privacy technology
The spinout comes amid one of the biggest organizational shakeups at the Ethereum Foundation in years.
For pension funds, tokenization’s real play is balance-sheet management, Fidelity’s Lai says
Fidelity International’s Giselle Lai argues that the most compelling long-term use case for tokenized funds is balance-sheet management for large, global institutions, not 24/7 liquidity.
OpenAI quietly adds Kalshi World Cup odds to ChatGPT: Report
OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market platform.
Strategy became a symbol of the dot-com crash: Could history repeat?
MicroStrategy blew up during the dot-com era, before Michael Saylor transformed it into the world's largest corporate Bitcoin holder. Did he learn his lesson?
Humanity Protocol to prioritize operational security following $36M hack
Humanity Protocol’s founder said they will refocus on operational security, as malicious actors are switching from smart contract vulnerabilities to exploiting human behavior.
Hut 8 price target hiked to $165 at Benchmark as AI pivot reshapes valuation
Mark Palmer said Hut 8's Beacon Point project transforms the company into an AI infrastructure platform with a long growth runway.
U.S. June CPI fell 0.4%, likely cooling move toward Fed rate hikes
This morning's report could go a long way toward determining whether the Federal Reserve raises interest rates at its late-July meeting.