Bank of Korea stands firm on bank-led stablecoin push as deposit token pilots advance
The Bank of Korea reiterated its call for bankled won stablecoin issuance while advancing deposit token pilots, as issuer rules remain a sticking point in…
Russia's largest private bank Alfa-Bank tests crypto trading
AlfaBank is testing cryptocurrency trading for qualified investors as Russia moves toward regulating digital assets and banks prepare new crypto services.…
Bank of Japan may speed up rate hikes, pushing borrowing costs above 2%, ex-BOJ official warns
Former BOJ official issues interestrate warning as yen continues to slide against the dollar. Source:CoinDesk
'CASHCAT' trader turns $800 into over $1 million on Robinhood's brand new blockchain
Robinhood's blockchain went live on July 1 to move stocks onchain. Its first breakout hit is a memecoin named after the mascot the company abandoned.…
AI is shortening the shelf life of crypto security audits, researchers warn
Hackers have also been exploiting the codebases of defunct decentralized finance protocols, draining millions of dollars in customer funds. Source:Cointelegraph
XRP holds near $1.10 as traders watch long-term breakout setup
XRP defended the $1.00$1.05 support zone, but the nearterm chart remains capped below resistance as analysts track larger wedge and channel patterns.…
AI boom fuels inflation fears, complicating Fed’s next rate move
Ongoing strong demand for AI infrastructure “would likely sustain upward pressure on prices for technology products and electricity,” Federal Reserve…
Crypto VC Paradigm raises $1.2B to push into AI
Crypto venture firm Paradigm is widening its investment gaze toward AI and other frontier industries with its latest fund. Source:Cointelegraph
Crypto could benefit if Fed steps in to backstop US stock market: Analysts
The size and scope of the US stock market “gives policymakers a strong incentive to backstop major drawdowns,” said Bitget Wallet COO, Alvin Kan.…
Levi’s is finding new ways to win customers — by looking toward tops and ‘denim luxury’
Jeans maker raises its fullyear outlook for the second straight time, but shares fall after hours Source:MarketWatch
Did you mess up on your taxes? The IRS just made it easier to avoid paying a penalty.
It’s a ‘major taxpayer win,’ according to one advocate inside the IRS Source:MarketWatch
This chart shows stamp prices over the years as USPS hikes postage again this weekend
The new rate will go into effect on July 12, and will be the eighth price increase over the last five calendar years Source:MarketWatch