Dogecoin sinks 5% to lead majors losses, with bitcoin holding $78,000 level
Dogecoin led the losses, BNB fell about 4% and XRP 3%, with oil pushing Treasury yields to their highest since late 2023. Source:CoinDesk
Robinhood’s CEO Vlad Tenev fires back at AMC CEO in escalating fight over stock tokens
Tenev told CNBC's "Squawk Box" on Wednesday that public companies shouldn't have veto power over thirdparty securities that reference their shares.…
U.S. Treasury sanctions another widespread cyber-scam hub, Xinbi Guarantee
Chineselanguage platform Xinbi is accused of operating on crypto transactions as it offered services to other criminal networks. Source:CoinDesk
Kalshi election data goes live on DoubleZero ahead of U.S. midterms
The expansion gives institutional and automated traders access to fulldepth political predictionmarket order books ahead of the U.S. midterms. Source:CoinDesk
PayPal expands stablecoin rails with custom token issuance platform
The PYUSDx stablecoin developer platform, backed by PayPal USD (PYUSD), is built with the help of M0 and MoonPay. Source:CoinDesk
Hunter Biden's new LAPTOP token lost 98% of its value in under an hour after $1.6 billion debut
LAPTOP swung from $190 to under $4 within minutes of opening on Base. Onchain records show tokens had been distributed to market makers for a week before…
KYC data is an irresistible honeypot for hackers, and we must change how it is collected
Privacypreserving identity verification systems could allow individuals to prove only what a service needs to know while keeping the underlying information…
Algorand names former Chainlink executive William Herkelrath as CEO
The former Chainlink and Curv executive will lead the blockchain organization’s push into institutional finance and quantumresistant security. Source:CoinDesk
Germany moves to tax bitcoin like stocks as new draft bill targets tax-free gains
Existing holdings would keep the current tax treatment, which can allow taxfree sales after a 12month holding period. Source:CoinDesk
Crypto lobbying orgs ask court to suspend Illinois tax as legal case continues
The motion for a preliminary injunction comes a few weeks after the Crypto Council for Innovation and Blockchain Association sued to block the law.…
U.S. Bank takes next step towards launching its stablecoin with cross-border payment test
The fifthlargest U.S. commercial bank said it is exploring USBDC stablecoin for treasury payments, liquidity management and collateral after completing a live…
OpenAI says 10,000 AI agents solved a $1 million math problem. Now mathematicians are fighting
An internal model more powerful than GPT6 Astra produced a proposed solution to one of mathematics’ seven Millennium Prize Problems, though questions are…