HSBC rolls out its first stablecoin to more than 3 million retail app users in Hong Kong
HSBC's HKD stablecoin launch follows the first Hong Kong stablecoin issuer licenses granted in April and marks a major bank move into retail tokenized payments.
Coindesk · +14 outlets
OCC finalizes first GENIUS Act stablecoin rule, changing approach to rewards
The rule is the first completed implementation of the US stablecoin law, and the American Bankers Association accuses the OCC of undermining Congress on rewards
Theblock · +14 outlets
Ethereum delays Glamsterdam Hoodi test after security researchers flag risk to existing contracts
Developers canceled Monday's activation over concerns that new gas rules could let contracts permanently record failed operations.
Coindesk · +7 outlets
Solana activates Alpenglow upgrade, its biggest network change since 2020
The new voting system targets roughly 150 millisecond settlement, with users keeping existing wallets.
Coindesk · +13 outlets
Coinbase Ireland fined $3.6 million over customer fund safeguarding failures
The Irish central bank's penalty concerns fund segregation lapses dating to the 2023 Silvergate collapse.
Theblock · +14 outlets
Tether leads pre-seed round in Bolivian fintech Peso to expand USDT payments across Latin America
The deal pushes USDT into retail payment rails, food delivery and banking in a region where dollar stablecoins are widely used.
BigGo Finance · +14 outlets
Bitcoin holds above $81,000 as AI-driven equity rout fades and oil climbs
Crypto traded in a tight range after a week of swings, with tech futures steadying, oil near $100 and the Fed meeting the following week.
Coindesk · +1 outlets
China seeks to seize 61,800 BTC tied to a $5.7 billion fraud scheme
The confiscation push follows a UK court ruling that Chinese law governs victims' claims to the coins.
Coindesk · +9 outlets
a16z drops 'crypto' from its $9.8 billion blockchain fund, rebrands as 'a16z Frontier'
The rebrand follows a broader shift by crypto VCs to widen mandates into AI and emerging tech.
Coindesk · +8 outlets
Aerodrome and Velodrome complete merger, launching unified Aero exchange on seven chains
Consolidating the two dominant Base and Optimism DEXs creates a single AERO token across Ethereum, Base, Robinhood Chain, Ink, OP Mainnet, Arc and Arbitrum.
Theblock · +12 outlets
Fireblocks denies report it is in talks to be acquired by Visa for $2.5 billion
The custody firm pushed back on an Axios report, which if accurate would mark a large traditional-payments entry into crypto infrastructure.
Theblock · +14 outlets
Bitcoin ETFs draw $528 million in a day as ether funds snap five-day outflow streak
BlackRock and Fidelity led the recovery in institutional demand.
Theblock · +3 outlets
South Korea moves to amend forex law to treat stablecoins as payment instruments
The change sits alongside the Digital Asset Basic Act, which would set licensing and issuance rules for crypto in Korea.
Theblock · +6 outlets
Senate investigator opens probe into Tether payments to Bo Hines' firm
Senator Richard Blumenthal added the former White House crypto adviser to his list of crypto-related inquiries.
Coindesk · +7 outlets
New York seeks over $1.3 billion from NovaTech founders after couple fled the US
Prosecutors say the platform took in $1.16 billion while trading only a fraction of it.
Theblock · +2 outlets
SoFi launches interest-bearing, FDIC-insured tokenized deposit at 4.4% APY
The SOFIE product, convertible to SoFiUSD, blurs the line between bank deposits and stablecoins.
Theblock · +10 outlets
Sweden's Riksbank revives e-krona debate as stablecoins and digital euro loom
The central bank frames an e-krona as key to national payments and monetary control.
Coindesk · +1 outlets
CoinDCX denies hack after blockchain sleuths flag $16 million in suspicious outflows
India's largest exchange says its active wallets were not compromised, disputing on-chain researchers.
Coindesk · +1 outlets