SoFi tie-up shows stablecoins can provide alternative blockchain settlement rail
SoFi dives deeper into payments as it moves its entire card program to blockchainbased settlement using its SoFiUSD stablecoin, with more than $25 billion in…
New York sues Polymarket over alleged illegal gambling business
The action filed by state lawmakers followed a similar lawsuit against prediction markets company Kalshi in July that alleged the platform was running an…
Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank
Federal Reserve Board issues enforcement action with former employee of Sandy Spring Bank Source:Federal Reserve
IBM opens beta Swift ledger link for 24/7 tokenized deposits
IBM’s beta link lets banks instruct tokenized deposit transfers on Swift’s ledger using existing payment messages and compliance processes. Source:Cointelegraph
Solana Foundation hires ex-Binance CMO and payments exec as new partnerships expand
Rachel Conlan will oversee institutional partnerships and ecosystem growth, while Jamal Raees will focus on stablecoins and tokenized deposits, following a…
HIFI raises $37M to expand stablecoin payments, tokenized markets
HIFI CEO Zach Walsh told Cointelegraph the $37 million Series A is the company’s first priced funding round, though HIFI did not disclose its valuation.…
Era of pure crypto exchanges is ending, Bybit CEO says
Bybit’s global campaign positions it as a broader financial platform, though its stock, gold and forex derivatives were already available. Source:Cointelegraph
Australia says OpenAI agent hacked government site before Altman warning
OpenAI notified Australia nearly three months after its agent breached a government portal while gathering public medicinespending data. Source:Cointelegraph
Bitcoin’s ‘last resort’ quantum-safe solution just got 79% cheaper: StarkWare
A weeklong optimization challenge cut the estimated GPU cost of preparing an experimental quantumresistant Bitcoin transaction to under $67, potentially making…
US weighs overseas push for dollar-backed stablecoins: Bloomberg
The reported initiative could involve privatesector companies and several US agencies as Washington looks to expand the international use of dollarbacked…
Ex-SEC acting chair: Agency dropped crypto cases to avoid issues with credibility
SEC Commissioner Mark Uyeda said that the agency dropped many cases against crypto companies in early 2025 to avoid potential credibility problems in court.…
Former Hack VC partner Hsin-Ju Chuang found dead at 37
The crypto executive and Dystopia Labs founder previously held senior roles at Stellar and Solana before joining venture capital firm Hack VC.…