Cryptocurrency

Stablecoin payments are going mainstream. What happens when the recipient needs local currency?

The following is a guest post and opinion from Danyel Arenas, Co-Founder and CEO at KiiChain. Visa’s launch of its Stablecoin Platform is a sign that stablecoins are moving into mainstream financial infrastructure. The platform gives banks, fintechs and payment...

XRP vs PI vs ADA: 3 AIs Speculate Which Will Perform Best in the Next Bull Market

Ripple’s cross-border token has fallen by 65% over the past year, while Pi Network’s PI and Cardano’s native cryptocurrency have crashed by around 73% over the same period. This has happened amid a prolonged bear market that has caused...

Hut 8’s $7 billion cash balance shrinks to $233 million outside its AI projects

Hut 8 reported over $7 billion of cash, restricted cash, and cash equivalents at June 30, but its Aug. 4 quarterly filing shows that only $233.6 million was unrestricted and available for general corporate use. The other $6.8 billion,...

Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts

Bitcoin Magazine Bitcoin Treasury Firm Strategy Pledges $250 a Year to Employee Trump Accounts Bitcoin treasury company Strategy has said it will contribute to Trump Accounts for the children of its U.S. employees, becoming the latest major public company to layer...

BlackRock’s rare ETHA reverse split is about to make trading Ethereum 70 times cheaper than Coinbase

BlackRock is preparing a one-for-three reverse split of its iShares Ethereum Trust ETF (ETHA), a structural change that will lift ETHA’s share price and could reduce its effective trading spread without changing the value of investors’ holdings. ETHA’s sponsor approved...

BNB Chain Launches “Build the Era” Hackathon to Find the Official BNB Agent Studio Marketplace

BNB Chain, one of the most active blockchain ecosystems worldwide, today announced Build the Era, an open hackathon challenging builders to create the definitive AI agent marketplace on BNB Smart Chain (BSC). The winning submission will have the opportunity...

Senate Democrats Block Path to 60 Votes on CLARITY Act Before August Recess

Senate Democrats have reached a clear internal consensus to vote against cloture on the CLARITY Act unless Republicans make visible progress on three unresolved disputes: ethics enforcement, illicit finance provisions, and stablecoin yield. With the August recess beginning on...

Bitcoin miners’ AI pipelines are on trial as Texas freezes 474 GW of data center requests

Texas Gov. Greg Abbott ordered the Public Utility Commission and ERCOT to audit every data center project seeking a grid connection before regulators approve any new projects. The order puts AI infrastructure tied to Bitcoin miners under scrutiny, while...

Ripple Price Analysis: XRP Struggles Against USDT but BTC Pair Paints a Much Bleaker Picture

XRP is still trading within a long-term bearish structure across both its BTC and USDT pairs. Although sellers have slowed their momentum in recent weeks, the price has yet to reclaim any meaningful resistance. This has left the broader...

Hyperscale Trims Bitcoin Holdings, Still Sits on $61M Stack

Bitcoin Magazine Hyperscale Trims Bitcoin Holdings, Still Sits on $61M Stack After upping its Bitcoin holdings in July, NYSE-listed Hyperscale Data, Inc. on Tuesday announced a sale last week.  The company reported holding 958.5352 Bitcoin as of August 2, worth over $61...

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Cross River Bank links $2.4B RLUSD to core banking system

The bank says fintechs can access dollar and RLUSD payments through one API, with availability limited to some US...