Everything web3, crypto, defi, degen
In brief Bitcoin trading at $115,542, nearly 1% above the critical $114,200 monthly open level. Technical indicators show bullish momentum after a major correction earlier this month. Sentiment on prediction markets remains strong, but the upcoming Fed meeting and trade talks with China could swing things in either direction. It’s been an up and down…
Western Union will release a stablecoin via the Solana blockchain in 2026, the company said Tuesday.The international payments firm said in a joint announcement with the Solana Foundation that the new digital token will be called USDPT and issued by Anchorage Digital Bank.”Western Union will provide users with access to digital assets, and we look…
In brief Approximately 1,000 Bitcoin mining machines stolen in Grant County, Indiana were recovered in the Chicago area. Authorities also thwarted a $75,000 frozen turkey theft during the same investigation. It comes as crypto mining continues to expand in the Midwest. Police in Indiana have recovered 1,000 Bitcoin mining machines stolen from a hijacked shipment…
In brief Circle launched the public testnet for Arc, its Layer-1 blockchain network, with participation from over 100 companies including BlackRock, Visa, Goldman Sachs, AWS, and major crypto exchanges like Coinbase and Kraken. The blockchain is designed as an “Economic Operating System” featuring dollar-based fees, sub-second transaction finality, and optional privacy for financial applications like…
In brief The California lawmaker announced plans to ban elected officials from owning or creating cryptocurrencies, calling it a response to corruption concerns. Khanna linked the proposal to President Trump’s pardon of Binance founder Changpeng Zhao, which he described as “blatant corruption.” He previously authored the 2023 Ban Congressional Stock Trading Act, aimed at preventing…
In brief Crypto exchange Gate is adopting an “All in Web3” strategy to position itself as a “full Web3 operating system,” CEO Dr. Han told Decrypt. The platform has launched a suite of products designed to form a “cohesive, secure, and high-performance Web3 stack.” Gate has added a Perp DEX, tokenized stocks, on-chain token launchpad…
In brief The bill would void any attempt to marry or form a personal union with an AI system. Humans—not machines—would bear full legal responsibility for AI-related harm. The proposal makes Ohio a leader in defining legal limits for artificial intelligence. Artificial intelligence may be clever, but it can’t say “I do.”A measure introduced by…
In brief A gold statue of Binance’s Changpeng Zhao will be unveiled Tuesday in Washington D.C., the creators claim. It will be shown outside the U.S. Capitol for a handful of hours, much like a recent statue of President Trump holding a Bitcoin. The statue’s makers want to give it to Binance’s former CEO, who…
In brief Four altcoin-tracking ETFs are set to begin trading in the U.S. this week. Canary Capital’s Litecoin and Hedera funds will be listed, alongside Bitwise and Grayscale Solana funds. The debuts follow successful Bitcoin and Ethereum spot ETF rollouts in 2024. Four exchange-traded funds tracking separately Solana (SOL), Litecoin (LTC), and Hedera (HBAR) will…
In brief IBM is launching a platform called Digital Asset Haven with support from crypto infrastructure firm Dfns. The platform will help governments and institutions engage with blockchain in what it says is a simple, secure platform. Shares of IBM are up modestly amid the news. Global computing firm IBM is making a fresh play…
