Market
Twenty One Capital shares rise as Tether pushes merger with Strike, Elektron
Tether has proposed that Twenty One Capital, a NYSE-listed bitcoin treasury venture, merge with Strike and Elektron Energy.
CryptoClub.cc
Technology
South Korea’s Shinhan Card to test real-world stablecoin payments on Solana
Shinhan Card has partnered with the Solana Foundation for a proof-of-concept project testing a real-world payment system using stablecoins.
Macro
Ouch. The U.S. 30-year Treasury yield just hit 5% and bitcoin may pay the price
The U.S. 30-year Treasury yield crossed the 5% threshold this week, marking a significant milestone that could spell trouble for bitcoin and other risk assets. The long-term bond yield reached this psychological barrier amid persistent inflation concerns and Federal Reserve policy uncertainties, creating ripple effects across financial markets. Treasury
Security
US, UAE and China joint effort dismantles 9 crypto scam centers
In another police action, European police arrested ten people and took down three scam centers, estimated to have stolen over $58 million from victims around the world.
Technology
Western Union’s Solana Move Signals A Shift In Global Payment Infrastructure
Western Union’s decision to build on Solana isn’t just another stablecoin integration, but a signal that the foundations of global payments may be starting to shift. For decades, Western Union has been synonymous with cross-border money movement, built on a network of intermediaries, settlement laye
Security
SWEAT protocol thwarts multi-million dollar exploit, restores user balances
Blockaid estimates the attacker stole roughly 13.71 billion SWEAT, about 65% of the total supply, worth about $3.5 million at the time.
Macro
Fed chair Jerome Powell says he will stay on as Govenor after term amid legal pressure
Federal Reserve Chair Jerome Powell announced he will remain as a Governor on the Federal Reserve Board after his term as Chair expires, despite facing mounting legal pressure. Powell made the statement during a press conference following the Fed's latest policy meeting, emphasizing his commitment to serve in
Technology
Breaking: Meta Offers Circle’s USDC Creator Payouts Via Solana, Polygon
Meta Platforms is back in the crypto game with stablecoins in focus. This time, the social media giant is offering creators payouts in stablecoins. For this, it will use USD Coin (USDC) on the Solana and Polygon blockchains. Ad Ad Meta Offers USDC Stablecoin Payout To Creators The functionality is i
Macro
Fed leaves rates unchanged at Jerome Powell's final meeting as chairman
The Federal Reserve maintained interest rates unchanged during Jerome Powell's final meeting as chairman, marking the end of his tenure that began in 2018. The Federal Open Market Committee voted to keep the federal funds rate at its current level, with Powell presiding over his last policy decision
Market
MoonPay buys crypto security firm Sodot in $100M push into institutional crypto
MoonPay has acquired Israel-based crypto security infrastructure provider Sodot, forming the foundation of its new institutional unit led by former CFTC Acting Chair Caroline Pham.
Technology
Visa Adds Base, Polygon, Canton, Arc and Tempo to Stablecoin Settlement Program
Payments giant Visa scales its blockchain settlement infrastructure with five new networks as pilot program shows 50% quarterly growth.
Macro
Kevin Warsh clears key Senate Banking Committee vote to become Federal Reserve chair
The Senate Banking Committee voted to approve Federal Reserve Chair pick Kevin Warsh's nomination, sending it to the full Senate.