Crypto
AI Summary
- FTX is continuing its creditor payouts, announcing a fifth round of distributions totaling $900 million, which brings their total announced distributions to over $9.7 billion.
- The crypto industry is navigating regulatory developments, with OKX Europe allowing USDT to MiCA-compliant USDC conversions and the ESMA adding new CASPs to the MiCA register, though licensing is reportedly slowing.
- Major financial institutions are deepening their involvement in crypto, exemplified by HSBC's approval to enter the Bank of England's Digital Securities Sandbox and Citadel Securities' $400 million investment in Crypto.com, valuing the exchange at $20 billion.
- Geopolitical events and economic pressures are impacting the crypto market, with Bitcoin price fluctuations linked to US stock market performance and concerns about stablecoin growth potentially eroding bank deposits, as warned by the ECB.
- Technological advancements and security concerns remain prominent, with news of MacOS malware targeting crypto wallets and T. Rowe Price launching a multi-token crypto ETF, alongside ongoing discussions about AI's influence and potential threats like quantum attacks on Bitcoin.
Sources
Cointelegraph
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FTX to distribute $900M to creditors in fifth payment round
12 hours ago
by Cointelegraph by Turner Wright
Latest NewsThe FTX Recovery Trust and company have distributed about $10 billion since the exchange filed for bankruptcy in November 2022, leaving users cut off from their funds.
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Galaxy lands 15-year Texas Tech stadium naming rights deal
14 hours ago
by Cointelegraph by Nate Kostar
Latest NewsGalaxy Digital will rename Texas Tech’s football stadium under a 15-year agreement, expanding its West Texas presence as the state attracts growing crypto investment.
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Consensys unknowingly outsourced developer work to North Korean
14 hours ago
by Cointelegraph by Turner Wright
Latest NewsThrough an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to be tied to North Korea.
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Crypto Biz: When dollars disappear, stablecoins step in
15 hours ago
by Cointelegraph by Sam Bourgi
Latest NewsBolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny.
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OKX Europe lets users convert USDT to MiCA-compliant USDC
17 hours ago
by Cointelegraph by Nate Kostar
Latest NewsThe feature offers European customers a voluntary path away from Tether’s USDT as MiCA rules reshape the region’s stablecoin market.
CoinDesk
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Polymarket traders cut Clarity Act passage odds to record low as Senate delay drags on
16 hours ago
by Helene Braun
Markets, Clarity Act, NewsPolymarket bettors have cut the odds of the CLARITY Act passing this year to a record low as Senate negotiations over ethics provisions remain unresolved.
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Stripe and Swift race to control the next generation of global payments infrastructure
17 hours ago
by Olivier Acuna
Finance, Stripe, Stablecoins, banks, DeFi, NewsCrypto and blockchain experts say this week's moves show the two established finance companies are increasingly competing for control of the infrastructure behind digital payments.
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Cardano hands core development to outside teams in decentralization push
18 hours ago
by Olivier Acuna
Tech, Cardano, NewsInput Output will transfer control of the Haskell node, Plutus, Hydra and other components as founder Charles Hoskinson says the network must change and start growing again.
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Inside Robinhood’s high-stakes bet to onboard millions of casual users onto decentralized finance
18 hours ago
by Oliver Knight
Finance, Robinhood, Exclusive, Top Stories, NewsThe company says its advantage lies in bringing retail customers onchain, but early activity remains dominated by memecoins, while its original tokenization vision remains small.
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Japan's SBI Group is building Asia's first cross-border digital asset empire
20 hours ago
by Olivier Acuna
Finance, SBI Holdings, Japan, NewsThe securities giant announced today the consolidation of Singapore-based Coinhako as part of a rapid regional expansion that includes a tokenization partnership with Ondo Finance.
Decrypt
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ECB Warns Stablecoins May Drain Bank Deposits—Here's What That Means
14 hours ago
by Jose Antonio Lanz
BusinessECB board member Piero Cipollone laid out the three-layer threat banks face from digital payments, and pitched the digital euro as the only structural answer.
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Cardano Pumps as Network Moves to Further Decentralize Development
15 hours ago
by Jose Antonio Lanz
CoinsInput Output is handing its core infrastructure to outside teams as ADA gets a lift from an imminent protocol upgrade.
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Kimi K3 Just Triggered DeepSeek Flashbacks for the Stock Market
16 hours ago
by Jose Antonio Lanz
MarketsMoonshot AI's 2.8-trillion-parameter open-weight model sent chip stocks tumbling and gave Wall Street a Friday it would rather forget.
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China’s Kimi K3 Is Out—And Beats Claude Fable and GPT 5.6 Sol on Key Benchmarks
16 hours ago
by Jose Antonio Lanz
Artificial IntelligenceMoonshot AI's 2.8-trillion-parameter model tops Fable 5 on a creative writing benchmark and leads Arena AI's frontend code leaderboard—at Claude Sonnet pricing.
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Galaxy Puts Its Name on Texas Tech's Stadium in a 15-Year, Crypto-Native Deal
17 hours ago
by Jose Antonio Lanz
BusinessThe Nasdaq-listed digital-asset firm will rebrand the Red Raiders' home as "Galaxy Stadium." The bigger bet is on the cheap power and open land of West Texas.
AMBCrypto
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Will new Uniswap protocol fee proposals drive ‘substantial UNI burn’?
2 hours ago
by Benjamin Njiri
DeFi, News, Social, Trading View, ambcryptoUNI burn rate increased 3x in the past week as Robinhood traction exploded
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SHIB’s 2026 price outlook — Here’s what THESE AI models are saying!
4 hours ago
by Lennox Gitonga
News, Shiba Inu, Social, Trading ViewHalf of the year is done, but what about the rest of the year?
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Hyperliquid: 16z-linked wallet deposits $30mln HYPE – What next?
6 hours ago
by Gladys Makena
Altcoin, News, Social, Trading View, ambcryptoAddress linked to a162 deposited 471,500 HYPE, worth $30.57 million, across multiple exchanges.
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All about XRP’s price flashing 2024-style bullish setup and what it means now
8 hours ago
by Olayiwola Dolapo
News, Ripple, Social, Trading ViewXRP is in a tricky position right now.
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85% of concentrated liquidity is underutilized — Meaning for DeFi?
10 hours ago
by Ishika Kumari
DeFi, News, Social, Trading ViewIs DeFi's most significant efficiency improvement falling short?