Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting crossborder payments and consumers seeking US dollardenominated savings in volatile…
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000. Source：Cointelegraph
Crypto whales accumulate as bear market nears late stage: CryptoQuant
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom.…
Do the Coldcard attacks mean all hardware wallets are now insecure?
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or…
Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates.…
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into crossborder stablecoin transfers through the payment processing giant’s Crypto Credential…
Binance sues RedotPay over alleged $473 million user losses: Report
Binancelinked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in…
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Source：Cointelegraph
Bitcoin ETFs log inflows as cold wallet hack reignites custody debate
US spot Bitcoin ETFs drew $382 million in twoday inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns.…
S&P gives BlackRock tokenized reserve fund top stability rating
The rating recognizes the fund’s ability to maintain a stable net asset value, while S&P separately reaffirmed USDT among the lowestrated stablecoins under its…
Bitcoin price-metric basket sees longest capitulation since FTX blow-up: Glassnode
Glassnode confirmed that its aggregate BTC price cycle tool was in its coldest phase since the collapse of FTX in late 2022. Source：Cointelegraph
BlackRock brings tokenized money market funds to Europe via JPMorgan
JPMorgan’s Kinexys platform will tokenize select BlackRock money market fund shares denominated in pounds, euros and US dollars. Source：Cointelegraph