Trade.xyz to cover SK Hynix perp liquidation losses tied to price anomaly
Trade.xyz said its oracle worked as designed but will reimburse eligible traders after an external SK Hynix price print caused the contract’s mark price to…
Uniswap founder rejects claims v4 fees reduce LP earnings
Hayden Adams said critics misunderstood Uniswap’s newly approved v4 protocol fees, rejecting claims the change reduces liquidity providers’ earnings.…
South Korea plans stablecoin rules as opposition pushes crypto tax repeal
The FSC reportedly plans a governmentbacked digital asset bill covering stablecoins and exchanges, while opposition lawmakers seek to scrap a 22% crypto tax…
European financial institutions launch RL1 cooperative blockchain network
RL1 began operations as a memberowned blockchain cooperative backed by 10 European financial institutions, including ABN AMRO, DekaBank and Natixis CIB.…
Myanmar parliament passes crypto scam bill with penalties up to life
Myanmar lawmakers approved an antionline scam bill whose draft proposed prison terms of 10 years to life for crypto scams and operating scam centers.…
Seagate’s earnings are welcome news for the battered AI trade
The storage maker’s Junequarter results come in ahead of Wall Street’s expectations, and the stock rallies after hours Source:MarketWatch
Visa outlines stablecoin strategy during Q3 earnings call
Visa said it is investing across the stablecoin stack, highlighting OpenUSD, tokenized deposits and AIpowered commerce during the company’s thirdquarter…
Galaxy, MARA Holdings deepen Texas expansion with land acquisitions
The cryptofocused companies announced separate acquisitions as demand for powerintensive AI and digital infrastructure continues to grow. Source:Cointelegraph
Kraken opens Jersey Mike’s IPO to retail investors through tokenized shares and direct allocations
Eligible US users can request IPO allocations, while customers in more than 110 countries gain access to tokenized Jersey Mike’s shares backed 1:1 by the…
PayPal expands stablecoin push as crypto assets factor into Q2 results
PayPal highlighted growth of stablecoins and AIdriven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million cryptorelated earnings…
PayPal delivers an earnings beat as investors await updates on possible merger
PayPal is showing progress on some metrics as a standalone company, but Wall Street is preoccupied with its deal prospects following recent news.…
IMF warns Brazil’s stablecoin activity outpaces traditional capital flows
The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with crossborder crypto flows growing faster than traditional capital flows.…