Wyoming’s Frontier Stable Token (FRNT), the first stablecoin issued by a US state, is now available to the public following delays caused by lingering regulatory hurdles. Governor Mark Gordon said on Wednesday that it is “the first fiat-backed, fully-reserved stable token to be issued by a public entity in the United States.” He added that … Read more
Anthropic, the company behind the popular artificial intelligence chatbot Claude, is reportedly raising $10 billion and aiming for a valuation of $350 billion. Singapore’s sovereign-wealth fund, GIC, and Coatue Management plan to lead the new round of financing, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The $350 billion valuation … Read more
The entire Electric Coin Company team behind privacy-focused cryptocurrency Zcash has split from Bootstrap, the nonprofit created to support the token, and plans to create a new company, according to CEO Josh Swihart. “Over the past few weeks, it’s become clear that the majority of Bootstrap board members […] Specifically Zaki Manian, Christina Garman, Alan … Read more
US investment bank Morgan Stanley may be positioning itself so that even if its newly announced spot Bitcoin exchange-traded fund (ETF) underperforms, it will still deliver strategic benefits across the firm, according to ProCap chief investment officer Jeff Park. “Morgan Stanley is making the bet that even if their ETF doesn’t scale to blockbuster success, … Read more
Social media buzz around memecoins has jumped since the start of the year, matching the rise in market capitalization, which analysts say could mean risk appetite has returned to crypto. Several memecoins have recently posted strong gains, and a speculative rally pushed the market value of memecoins up, which caught traders’ attention and sparked a … Read more
Solana Mobile said its highly anticipated SKR token will launch on Jan. 21, with Solana Seeker smartphone users in the running to claim up to 20% of the token via airdrop. Solana said on Wednesday that SKR would launch on Jan. 21 at 2 am UTC, letting users delegate their tokens to “Guardians” who will secure … Read more
Crypto markets need to pass three so-called checkpoints in order to reach new peaks in 2026, which include the US Senate passing a highly-awaited crypto bill, says Bitwise chief investment officer Matt Hougan. “Crypto is off to a good start in 2026,” Hougan said in a note on Tuesday, but added there are “three big … Read more
Bitcoin’s price may stay flat in the first quarter of 2026, even though historical trends suggest otherwise, says CryptoQuant CEO Ki Young Ju. “Capital inflows into Bitcoin have dried up,” Ju said on Wednesday, adding that investor interest has returned to “stocks and shiny rocks” as the price of gold and silver have skyrocketed. Ju … Read more
Digital asset infrastructure company Fireblocks has spent $130 million to acquire crypto accounting platform TRES, tapping the company for its tax compliance infrastructure to support institutions. Fireblocks said on Wednesday that with stablecoin settlements exceeding “hundreds of billions monthly” and enterprises running “entire treasury flows on-chain,” there is a strong need for sufficient blockchain accounting … Read more
The bank lobby’s requested changes to the stablecoin-regulating GENIUS Act could undermine competition and weaken the US dollar’s global position, crypto executives and industry groups have claimed. Crypto advocacy group the Blockchain Association said on Tuesday that a bid to lawmakers by a group of community bankers to ban issuers from offering yield to tokenholders … Read more