Crypto
AI Summary
- Major institutions like U.S. Bank and Visa are actively exploring and integrating blockchain technology for cross-border transactions and stablecoin card programs, signaling growing mainstream adoption.
- Regulatory landscapes continue to evolve, with countries like Germany proposing new tax frameworks and Italy mandating sanctions screening for crypto transfers, highlighting the increasing scrutiny on the industry.
- The intersection of AI and crypto is becoming more pronounced, with discussions around AI's potential impact on blockchain security and the emergence of AI-related memecoins, albeit with volatile outcomes.
- Significant venture capital continues to flow into the crypto space, as evidenced by TRM Labs' doubled valuation and Tether's new private credit fund, indicating investor confidence in future growth.
- Despite market fluctuations and setbacks like the BitMart roadmap delay and the Hunter Biden memecoin crash, the crypto industry demonstrates resilience with new product launches and strategic partnerships, such as Consensys's split and Jack Dorsey's Block seeking a trust bank charter.
Sources
Cointelegraph
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Here’s what happened in crypto today
2 hours ago
by Cointelegraph by Nate Kostar
Latest NewsNeed to know what happened in crypto today? Here is the latest news on daily trends and events impacting Bitcoin price, blockchain, DeFi, Web3 and crypto regulation.
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DoubleZero adds Kalshi election market data ahead of US midterms
3 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe expansion gives institutional and automated traders real-time access to Kalshi’s political markets as election betting activity continues to grow.
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Consensys to split into MetaMask and institutional blockchain company
4 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe restructuring will separate MetaMask’s consumer business from Consensys’ Ethereum protocols and institutional blockchain infrastructure operations.
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TRM Labs doubles valuation to $2B in Series C expansion
6 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AI-powered investigations business.
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U.S. Bank tests proprietary stablecoin in cross-border Stellar transaction
6 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe pilot moved USBDC between the bank’s North American and European entities on the public Stellar blockchain.
CoinDesk
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Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
7 hours ago
by Helene Braun
Markets, Robinhood, Tokenized Equities, NewsTenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over third-party securities that reference their shares.
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U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
7 hours ago
by Jesse Hamilton
Policy, Crime, NewsChinese-language platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks.
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Tether pushes into private credit with $400 million fund with Fasanara
7 hours ago
by Krisztian Sandor
Finance, Stablecoins, Tether, NewsThe USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network.
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Bitcoin and Ethereum race quantum clock as U.S. backs $300 million hardware push
8 hours ago
by Shaurya Malwa
Tech, NewsThe threat is not here yet, but fault-tolerant machines and crypto’s migration plans are starting to converge on the same 2029 window.
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Consensys to split MetaMask into its own firm while staying silent on IPO
8 hours ago
by Francisco Rodrigues
Finance, ConsenSys, Ethereum News, NewsThe existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum co-founder Joe Lubin as chairman and CEO.
Decrypt
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AI Is Solving Math's Best Problems Faster Than They Can Be Replaced, Terence Tao Warns
3 hours ago
by Jose Antonio Lanz
Artificial IntelligenceThe Fields medalist points to a real race between OpenAI and Anthropic as proof: AI can now flatten a hard problem the moment someone starts working on it.
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Crypto, Banks Take Clarity Act Lobbying Fight to Senators' Home States
4 hours ago
by Jason Nelson
Law and OrderCrypto advocates and community bankers are targeting lawmakers in their home states as the Senate prepares for a September 15 procedural vote.
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Apple Unveils Redesigned Siri AI and A20 Pro Chip as CEO John Ternus Makes Debut
5 hours ago
by Jose Antonio Lanz
BusinessThe company's first fall keynote under new leadership paired a Gemini-powered Siri overhaul with Apple's first 2-nanometer chip, plus a $1,999 foldable iPhone that won't ship until October.
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Secret Service Freezes $52.8 Million in Crypto Tied to Telegram Bazaar Behind Global Scams
6 hours ago
by Jose Antonio Lanz
Law and OrderBlockchain sleuths at Elliptic traced the money, Treasury sanctioned the marketplace, and Xinbi—which ran $24 billion through a Telegram scam bazaar—called the freeze unfair.
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While Bitcoin Devs Debate Next Moves, IonQ Unveils Superion 256 Quantum Computer
6 hours ago
by Jason Nelson
TechnologyThe company has built its first chips and begun testing prototypes as it seeks to manufacture quantum computers in larger quantities.
AMBCrypto
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Why FORM crypto faces THESE risks despite 14% weekly gains
an hour ago
by Olayiwola Dolapo
Altcoin, News, Social, Trading ViewFORM crypto remains bullish, but selling pressure could limit further gains.
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NEAR crypto jumps 11% as Intents volume crosses $27B
2 hours ago
by Samyukhtha L KM
Altcoin, News, News 1, Social, Trading ViewThe market is finally noticing the infrastructure.
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PONS crypto commands 82% of Robinhood launchpad activity – Here’s what it means
3 hours ago
by Lennox Gitonga
Memecoins, News, Social, Trading ViewCould PONS lose daily Revenue leadership and still strengthen its wider market grip?
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BitMine now holds 5.93M ETH — What does it mean for BMNR stock?
5 hours ago
by Samyukhtha L KM
Altcoin, Ethereum, News, News 1, Social, Trading ViewWhat does the pullback say about a treasury bet worth $15.7 billion?
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Ethereum Classic rallies as altcoin rotation returns – What’s next for ETC?
5 hours ago
by Kelvin Murithi
Ethereum Classic, News, Social, Trading ViewAre older Layer-1 tokens beginning another rotation, or revisiting an exhausted market narrative?