Open USD rattled Circle's stock, but its key backers still support USDC
Executives at Coinbase, Visa and Mastercard said they plan to support multiple stablecoins, suggesting Open USD is another payments rail rather than a direct…
Samsung is poised to become a dominant stablecoin distributor, analysts say
Samsung seeks to turn 800 million Galaxy phones into wallets for digital assets and blockchain payments, backed by a deeper play in crypto infrastructure.…
Clarity Act sits idle over Trump ethics question as Warren asks SEC to investigate him
Senators Elizabeth Warren and Richard Blumenthal requested the U.S. Securities and Exchange Commission probe Trump's memecoin. Source:CoinDesk
Wells Fargo joins JPMorgan and Citi in the race to tokenize Wall Street’s settlement rails
Payments will run on the bank’s proprietary blockchain and be routed automatically through its existing client interface. Source:CoinDesk
Bitcoin’s $63,000 zone emerges as key battleground for buyers: Glassnode
Retail investors and large whales are buying as bitcoin trades near its 200week moving average. Source:CoinDesk
Polymarket targets $20 billion valuation as competition heats up in prediction market sector
The blockchainbased prediction markets platform is reportedly returning to investors months after a $15 billion funding round. Source:CoinDesk
Intesa Sanpaolo slashed IBIT stake by 94% in 2Q, tripled ether ETF holding as crypto prices slumped
The Italian bank tripled its holding of iShares Staked Ethereum Trust ETF stake as total bitcoin ETF holdings fell 35% to $69.3 million. Source:CoinDesk
Dinari brings tokenized U.S. stocks to American investors as equity race heats up
The move brings the custodial tokenization model to eligible U.S. investors as competition over blockchainbased equities intensifies. Source:CoinDesk
As Clarity Act teeters, mystery group hammers away at crypto in Washington ads
Crypto Watchdog has taken to warning people in DC about the hazards of digital assets, and its director won't say who is backing it. Source:CoinDesk
BitGo’s WBTC move pushes LayerZero-to-Chainlink tally near $15 billion
A migration wave followed a $292 million Kelp bridge exploit, with announced LayerZerotoChainlink moves now totaling $14.5 billion. Source:CoinDesk
BNY to add crypto staking to digital asset custody platform
The custody bank has selected Galaxy to provide staking infrastructure as it broadens services for institutional crypto investors. Source:CoinDesk
Coldcard urges users to move bitcoin as exploit is still in progress
The cold wallet maker said the flaw behind roughly $114 million in losses remains live, with specific models and firmware still exposed. Source:CoinDesk