Movement Labs files for Chapter 11 bankruptcy months after token scandal and strategic overhaul
The filing comes after months of upheaval that included a controversial marketmaking agreement, an internal investigation into its MOVE token launch, a Binance…
Rebooting the internet: inside the open-source project to let AI programs pay each other
The newlyconvened x402 Foundation is a neutral space where competitors and payment methods can work together to create an open standard for AI agentic…
Hyundai completes USDT treasury settlement pilot between US and Mexico
Hyundai completed a proofofconcept using Tether's USDT to settle a crossborder treasury transfer between its US and Mexican subsidiaries, highlighting growing…
Bolivia weighs adding Tether's USDT to its national payments system
Crypto usage has spiked in the country, with transaction volumes hitting $430 million in the year after the central bank removed restrictions in mid2024.…
USDT wins payments, USDC wins DeFi as stablecoins diverge: Dune
Dune data shows Tether's USDT has become crypto’s dominant payments stablecoin while Circle's USDC powers DeFi, highlighting how blockchain choice shapes…
Strategy sells 3,588 Bitcoin for $216M to fund dividends, keeps $2.55B reserve intact
Strategy sold $216 million in Bitcoin to fund its dividend payments, as wealth manager Bernstein maintained its yearend Bitcoin price target of $150,000.…