Crypto News
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Circle Pushes Back on MiCA's Bank-Deposit Mandate for Stablecoins
The USDC issuer told the European Commission that MiCA's reserve mandates and concentration caps keep the largest global stablecoins outside Europe's perimeter—siding with the ECB in calling for more flexible rules.
This AI Is Already Fooling People on Video Calls Into Thinking Its Human, Company Says
Tavus says 26 of 54 people on a one-minute video call thought its new Griffin model was human. The results are the company's own, and the model isn't going to retail customers yet.
$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 layer-2 networks by total value locked, Blast is urging users to move their assets to mainnet ahead of the shutdown.
Once a $2.3 Billion Network, Ethereum Layer-2 Blast Is Shutting Down
Blast said operating costs now exceed the revenue its Ethereum layer-2 generates and asked users to withdraw their assets to mainnet before Oct. 26.
BNY in talks with Kraken parent Payward over infrastructure partnership
The potential agreement could span digital assets, custody, trading, payments and other financial-market infrastructure.
Nvidia Hits Record High as Market Value Reaches $5.7 Trillion
The AI chipmaker's stock topped its May peak on Friday, helped by a record $150 billion buyback and a weak jobs report that cooled bets on Fed rate hikes.
Once a $2 billion Ethereum layer-2, Blast is shutting down after assets plunge 98%
Once home to more than $2 billion in crypto assets, Blast is shutting down as activity fades, costs rise, and bigger platforms like Coinbase and Robinhood build networks of their own.
Trump’s potential AI czar, Jay Clayton, helped pioneer the SEC’s crypto crackdown
The former SEC chairman who may be tapped to oversee the Trump administration's AI work has a potentially divisive history as a watchdog of tech innovation.
Bitcoin Heads Higher on Macro Moves: Where Does BTC Go Next?
A jobs report miss just erased the odds of an October rate hike, and BTC is now knocking on the door of its yearly ceiling.
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 tokenized finance.
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 once-high valuations.
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