Markets
British tech firm Smarter Web Company has deepened its investment in Bitcoin, purchasing an additional 74.27 BTC valued at approximately $7.7 million. The move underscores a growing trend of companies worldwide incorporating Bitcoin into their corporate reserves. The acquisition, completed on June 13, brings Smarter Web’s total
Cryptocurrency
Walmart and Amazon are exploring the possibility of issuing their own U.S. dollar-backed stablecoins, signaling a growing interest among major retailers in blockchain-based payment solutions. According to The Wall Street Journal, sources familiar with the matter say both companies are evaluating stablecoin systems to enhance digital transactions, streamline e-commerce
Regulation
In a sweeping move, the U.S. Securities and Exchange Commission (SEC) has formally withdrawn more than a dozen proposed rules introduced under the Biden administration—two of which directly targeted the cryptocurrency sector. The decision marks a significant shift in the regulatory climate, particularly for decentralized finance (DeFi) and
Markets
Shopify is doubling down on crypto payments. The e-commerce giant has announced new partnerships with Coinbase and Stripe that will allow its merchants to accept payments in USDC, the U.S. dollar-backed stablecoin issued by Circle. The move is part of a broader push to simplify blockchain-based transactions for everyday
Politics
The U.S. Securities and Exchange Commission (SEC) and Ripple Labs are making a renewed push to close the books on their nearly five-year legal fight. In a joint court filing on Thursday, both parties urged a federal judge to approve a $125 million settlement agreement that would split the
Markets
Ethereum may be trading far below its all-time high, but some of its most influential backers say that’s a fundamental misunderstanding of its value. A new report co-authored by leading Ethereum technologists and institutional thinkers argues that ETH, the second-largest cryptocurrency by market cap, is "significantly mispriced"
Politics
The U.S. Securities and Exchange Commission (SEC) has officially withdrawn a series of controversial crypto-related proposals introduced under former Chair Gary Gensler, signaling a notable shift in the agency’s regulatory approach toward digital assets. Among the scrapped rules was a proposal to amend Exchange Act Rule 3b-16, which
AI
Global spending on artificial intelligence is set to skyrocket, with IDC forecasting that investments in AI and generative AI (GenAI) will more than double to $631 billion by 2028. But for all the boardroom enthusiasm and ambitious roadmaps, most enterprise AI projects never make it past the planning phase. According
Finance
In a clear signal of surging interest in next-gen crypto infrastructure, Plasma has doubled its stablecoin deposit cap to $1 billion—and saw it fill in just 30 minutes. The EVM-compatible Bitcoin sidechain made the announcement via X, emphasizing that while deposits surged, this does not equate to a billion-dollar
Politics
Meta’s revived interest in stablecoins is drawing fresh scrutiny from Washington. Democratic Senators Elizabeth Warren and Richard Blumenthal have sent a pointed letter to Meta CEO Mark Zuckerberg, questioning the company’s possible return to private digital currency plans. The letter comes amid reports that Meta is in early
Finance
Tether, the world’s largest stablecoin issuer, is deepening its bet on real-world assets with a strategic move into the gold sector. Through its independent investment arm, Tether Investments, the company has acquired nearly a 32% stake in Canadian-based Elemental Altus Royalties Corp. for approximately $89.2 million. Tether Acquires
Markets
Just one week after Circle officially entered the public markets, its flagship stablecoin USDC has been integrated into the XRP Ledger (XRPL) mainnet—marking a key expansion for both the blockchain and the second-largest stablecoin by global supply. According to a company announcement on Thursday, Circle’s tools—Circle Mint