Russia’s Finance Ministry pays wages in digital rubles for first time
Work on the introduction of the digital ruble to the budget process is being carried out by the Bank of Russia together with the Ministry of Finance.…
NEAR Intents recovers entire stolen $3.8M after ultimatum to exploiter
The exploiter returned the entire sum to NEAR Intents after being identified and given 48 hours to respond. Source:Cointelegraph
Community banks sue OCC over trust bank charters of crypto firms
Community banking group’s lawsuit claims OCC has overstepped its mandate from Congress. Source:Cointelegraph
Trump is expected to appoint Jay Clayton as new AI czar: Reports
US intel chief Clayton may be asked to also oversee AI innovation and development along with “self policing” tech CEOs. Source:Cointelegraph
European crypto users have ‘more faith’ in regulated firms under MiCA: Bitpanda co-CEO
Speaking on Cointelegraph’s Chain Reaction, Christian Trummer said MiCA has increased trust in regulated platforms and called for stricter enforcement against…
$4.2B crypto bank Anchorage Digital cuts 17% of workforce: Report
The reported cuts come as Anchorage expands its institutional footprint, including stablecoin issuance and a $100 million investment from Tether.…
Blast to wind down Ethereum L2 after costs outpace revenue
Once among Ethereum’s largest layer2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.…
71% of UK finance leaders expect tokenization to reshape financial services: Lloyds
A Lloyds survey found that faster payments and settlement are the most significant perceived benefits of tokenization, as the UK builds infrastructure for…
Crypto’s billions are back, but the premiums aren’t
Kalshi seeks a $40 billion valuation, while Blockchain.com targets an IPO and crypto treasury companies struggle to maintain their oncehigh valuations.…
Bitcoin briefly hits $87K as weak US jobs data sends bond yields lower
Bitcoin climbed after weakerthanexpected payrolls pushed Treasury yields lower, but orderbook resistance kept BTC from reaching new macro highs.…
‘Euro stablecoin isn’t enough’: EU issuers make case for USD tokens
European issuers say Europe cannot ignore demand for dollar stablecoins as businesses seek USD liquidity for global payments and settlement.…
Furious debate about THORChain vs NEAR shows idealism has limits
The furious debate over Bitget’s $387.7M of hacked funds comes down to whether ideals around “permissionless and decentralized” tech means never intervening —…