HSBC rolls out HKD stablecoin to over 3 million PayMe users in Hong Kong
HSBC joins Standard Chartered-led Anchorpoint in issuing a licensed Hong Kong dollar stablecoin, marking one of the first retail-scale bank stablecoin rollouts
Coindesk · +11 outlets
Ethereum delays Glamsterdam testnet after security devs flag risks to existing contracts
Developers canceled the Hoodi activation after researchers showed new gas rules could let smart contracts permanently record failed operations.
Coindesk · +9 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 from investors but traded only a fraction of it.
Theblock · +3 outlets
Coinbase Ireland fined $3.6 million over customer fund safeguarding failures
The Irish central bank found customer funds were underfunded and mixed with group accounts during the 2023 Silvergate collapse.
Theblock · +14 outlets
Fireblocks denies report it is in talks to be acquired by Visa for about $2.5 billion
The crypto custody firm pushed back on an Axios report of acquisition talks with the payments giant.
Theblock · +14 outlets
South Korea moves to amend forex law to regulate stablecoins as payment instruments
Seoul is developing the Digital Asset Basic Act, a broad framework covering exchange licensing and stablecoin issuance.
Theblock · +13 outlets
China seeks to seize 61,800 BTC tied to $5.7 billion fraud scheme
The confiscation bid follows a UK court ruling that Chinese law governs victims' claims to the coins.
Coindesk · +9 outlets
CoinDCX denies hack after sleuths flag $16 million in suspicious outflows
The Indian exchange says a failed deposit-sweeping process caused losses it absorbed, while a ZachXBT allegation of about $15.8 million remains unreconciled.
Coindesk · +4 outlets
Ethereum's four-minute settlement plan could lower the cost of moving crypto
A new draft targets a fourfold cut in Ethereum transaction finality time, freeing up capital tied up in payment settlement.
Coindesk · +13 outlets
Senate's top Democratic investigator probes Tether payments to Bo Hines' firm
Senator Richard Blumenthal added the ex-White House crypto adviser to his list of crypto-related investigations.
Coindesk · +5 outlets
A16z is the latest VC giant to widen bets beyond crypto and into AI and emerging tech
CoinDesk reports a16z is broadening its focus beyond blockchain into AI and emerging tech, joining other crypto investors diversifying.
Coindesk · +7 outlets
Solana completes Alpenglow upgrade, its biggest network change since 2020
The new voting system targets settlement in about 150 milliseconds, potentially shortening waits for payments and deposits.
Coindesk · +14 outlets
Bitcoin ETFs take in $1 billion in three days as flows wobble
CoinDesk notes inflows still lag the roughly $235 million a day pace seen in past steep rallies.
Coindesk · +13 outlets
Smarter Web Company adds 20 BTC, treasury holdings reach 2,850 Bitcoin
The UK-listed firm bought the coins at about £61,733 apiece, extending its bitcoin treasury strategy.
The Crypto Times · +7 outlets
Aquis-listed firm scraps failed bitcoin treasury strategy, citing challenges
The retreat comes as several small-cap bitcoin treasury vehicles unwind or report losses after months of drawdowns.
City AM · +1 outlets
XRP treasury firm Evernorth gets SEC nod, eyes Nasdaq listing
The approval lets the XRP-focused treasury company raise new capital ahead of a planned Nasdaq listing.
CoinMarketCap · +4 outlets
Polymarket reportedly fires marketing chief, a close friend of the CEO
Matthew Modabber was ousted after an internal probe into several instances of misconduct, per the New York Post.
Coindesk
Fake election polls expose a Kalshi loophole that could leave traders paying for fraud
Polling firm Wedgewood admitted fabricating most of its election surveys, and its results feed recurring Kalshi contracts.
Cryptoslate · +1 outlets