(source: en.wikipedia.org)
Circle has raised $222 million from the presale of the native token of its new blockchain. The digital assets company announced the sale Monday (May 11) as it reported its quarterly earnings. Investors included a16z crypto, BlackRock, Bullish, General Catalyst, Haun Ventures, and Standard Chartered Ventures. “[Blockchain] infrastructure is becoming as important...
Washington has decided that stablecoins are too significant, economically and systemically, to remain outside the regulatory perimeter. Now comes the rulemaking. With the GENIUS Act’s first anniversary arriving and being signed into law this July, U.S. in full implementation mode. The clock is running. The...
U.S. senators are preparing to take up legislation establishing a regulatory framework for cryptocurrency. Progress on the so-called CLARITY Act had been on hold since January amid a dispute between American banks and crypto companies. But following a recent compromise between the two sides, the...
New research from Binance finds that users in emerging markets are fueling global cryptocurrency adoption. Emerging markets (EMs) accounted for 77% of new users on Binance, according to a report last week from the world’s largest crypto platform. These users’ activity goes beyond just trading...
As crypto gained ground in both Washington and Wall Street over the past two years, Coinbase worked to position itself as the mature face of the crypto industry. After all, the U.S.-listed crypto firm is regulated, diversified, and focused on weaning itself away from the...
Bermuda is accelerating its effort to make stablecoins a part of everyday commerce, Bermuda Premier David Burt said Wednesday (May 6). Speaking at CoinDesk’s Consensus Miami 2026, Burt said the country plans to do another airdrop of USDC stablecoin this year and to onboard merchants...
Crypto.com has launched an in-app booking service in partnership with travel infrastructure provider Bookit. Crypto.com Travel lets users book travel and entertainment directly through the company app, according to a Wednesday (May 6) news release. “Crypto.com Travel represents another important step in expanding real-world utility for digital assets,” Eric...
Cryptocurrency exchange Drift has outlined a plan to recover $295 million taken in a hack. That attack was carried out by a group associated with the North Korean government, the company said Tuesday (May 5), adding that the culprit had been confirmed by Google-owned cybersecurity firm Mandiant. “The majority of stolen...
Delaware, long synonymous with corporate incorporation, may extend its reach into digital finance. New legislation could shape where stablecoin issuers and FinTech firms choose to establish their legal base. At the center are Senate Bill 16, the Banking Modernization Act of 2026, and Senate Bill...