Business use of stablecoins set for growth surge: Cybrid report
The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider…
Chinese exile once linked to Trump strategist gets 30-year sentence in $1 billion fraud
The businessman known as Miles Guo, who pushed the fraudulent HCoin project and had close ties to Steve Bannon, was finally sentenced after his 2024…
Job openings rise to 2-year high, but good luck actually getting one
A prolonged decline in job openings in the U.S. appears to be over, but it doesn’t mean businesses are ready to do lots of hiring or make it easier for people…
Alphabet’s stock slump is a ‘tactical buying opportunity,’ according to one analyst
Investors are overlooking the potential of Alphabet’s customchip business as the company plans to expand its datacenter capacity going into 2028, according to…
Circle slides 8% as Stripe, Coinbase and BlackRock back rival stablecoin network
Open Standard's Open USD aims to let partners keep reserve income and eliminate minting fees, challenging Circle's USDC. Source：CoinDesk
New York Life makes tokenization debut with onchain high-yield bond fund with Centrifuge
The $807 billion asset manager is bringing a highyield corporate bond strategy onto blockchain with Centrifuge as Wall Street expands beyond tokenized Treasury…
Securitize heads to NYSE debut after investors approve SPAC merger
The tokenization firm is expected to begin trading on the NYSE on Thursday, becoming one of the first publicly traded pureplay tokenization companies.…
Bitcoin lending is entering a new institutional era, according to Silicon Valley Bank
The bank said bitcoin lending has emerged from the 2022 crypto credit collapse with stronger risk controls, growing institutional participation and a path…
J.P. Morgan broadens blockchain settlement network as banks modernize cross-border payments
The bank added five AsiaPacific currencies to its Kinexys blockchain platform, allowing institutional clients to settle payments and FX around the clock.…
MiCA's looming deadline could leave 10 million crypto users without a platform in the EU
As MiCA takes full effect on July 1, SwissBorg's Alex Fazel told CoinDesk users should choose platforms built to withstand EU regulators' tightening oversight.…
Wall Street's BNY expands stablecoin services for institutions, starting with Circle's USDC
The world's largest custody bank is adding USDC custody and minting services as stablecoins move deeper into traditional finance. Source：CoinDesk
Ukraine transfers $8.3 million in seized crypto amid potential plans for strategic reserve
The funds were seized during an investigation into an international hacker group accused of laundering proceeds from data theft through highvalue property.…