Ethereum layer-2 network MegaETH’s initial coin offering reportedly “sold out” within minutes and is now oversubscribed by about $400 million, as users scramble to get an allocation of its MEGA token. The Ethereum layer-2 network opened the auction for its MEGA token on Monday with a raise cap of just under $50 million, but the … Read more
Trading platform Kalshi has sued the New York State Gaming Commission, accusing it of overstepping its jurisdiction by issuing a cease and desist order for allegedly illegally offering sports betting in the state. Kalshi claimed in its complaint filed in a Manhattan federal court on Monday that the state regulator can’t oversee the platform as … Read more
Venezuela’s dependence on US-dollar pegged stablecoins could deepen amid a new threat of war, ongoing sanctions and the hyperinflation of the bolívar. Earlier this week, the US Department of Defense deployed its most advanced aircraft carrier to the Caribbean near Venezuela, as President Donald Trump signaled plans to conduct military strikes against drug cartels operating … Read more
A US lawmaker is seeking to ban US President Donald Trump, his family, and members of Congress from trading crypto or stocks. US Representative Ro Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, used an appearance on MSNBC to raise concerns around Trump’s apparent conflict of interest … Read more
A US lawmaker is seeking to ban US President Donald Trump, his family, and members of Congress from trading crypto or stocks. US Representative Ro Khanna, a Democrat representative from California’s 17th Congressional District and vice-chair of the Congressional Progressive Caucus, used an appearance on MSNBC to raise concerns around Trump’s apparent conflict of interest … Read more
Agentic AI is likely to reshape how users interact with their crypto wallets in the future — particularly in trading and payments. While AI and blockchain executives note that it can be safe, it also won’t come without a new set of risks. Last week, crypto exchange Coinbase announced its new tool, Payments MCP, which … Read more
Opinion by: Vitaliy Shtyrkin, chief product officer at B2BINPAY For years, large retailers invested heavily in their own fintech divisions, convinced they could develop payment solutions internally, overlook smaller players and innovate independently — and, for a while, they succeeded. Today, however, despite boasting vast resources and a global reach, corporations are realizing that money … Read more
Public companies that buy and hold Bitcoin and Ether have largely stopped accumulating since the market tumbled earlier in October, a move signaling a recent lapse in confidence. Digital asset treasury (DAT) companies that buy Bitcoin (BTC) “have largely ghosted the post-Oct 10 drawdown and are yet to re-engage,” Coinbase Institutional global head of investment … Read more
Technology giant IBM launched a cryptocurrency platform for US institutions, marking one of the company’s strongest pushes yet into digital assets and blockchain infrastructure. IBM’s platform will offer US businesses and governments crypto custody and payment services by the end of the year, aiming to simplify the integration of digital assets into the existing financial … Read more
S&P Global Ratings has given Michael Saylor’s Strategy a “B-” credit rating, placing it in the speculative, non-investment-grade territory — often referred to as a “junk bond” — although it said the Bitcoin treasury company’s outlook remains stable. “We view Strategy’s high bitcoin concentration, narrow business focus, weak risk-adjusted capitalization, and low US dollar liquidity … Read more