Robinhood takes stakes in Crypto.com, OG.com in prediction markets deal
Robinhood will route event contracts through OG.com’s CFTCregulated infrastructure as it expands its prediction markets business. Source:Cointelegraph
Visa brings onchain credit to its growing stablecoin card business
Visa is combining VisaNet settlement data with blockchain lending as stablecoin payment volume on its network jumps nearly 200% year over year.…
Oracle’s stock gets a boost as the OpenAI ecosystem comes back into favor
“It looks like OpenAI is turning things around,” and that’s seen as good news for Oracle, which has a lot riding on the ChatGPT creator’s success.…
Bitmine buys 28k ETH, completes 97% of treasury accumulation goal
While Bitmine’s completed 97% of its goal to acquire 5% of Ether’s supply, Tom Lee’s team faces a $5.1 billion unrealized loss on its main treasury asset.…
Qualcomm’s stock climbs as Amazon chip deal offers investors some much-needed good news
Qualcomm shares have missed out on the chip sector’s big rally this year. The company is now working on various chip projects with Amazon. Source:MarketWatch
Strategy skips Bitcoin buy to repurchase $176M of STRC preferred shares
Strategy repurchased $176 million worth of its STRC preferred stock and doubled the size of its digital securities repurchase program to $2 billion, while…
Mexico quadruple homicide tied to alleged Bitcoin robbery attempt
Two suspects face a Wednesday hearing over four killings allegedly linked to a crypto wallet believed to hold millions of dollars in Bitcoin.…
Circle to acquire Tazapay to expand USDC cross-border payments
Tazapay processes $25 billion in annualized volume and offers payout rails across 100plus markets, extending Circle’s USDC payments reach. Source:Cointelegraph
Uzbekistan begins government bond-backed stablecoin payment pilot
Humo Digital will test HUMO payments with more than 20 merchants under a sandbox jointly overseen by NAPP and Uzbekistan’s central bank. Source:Cointelegraph
Ledger CTO urges AI bug hunter responsibility, warns against ‘attention farming’
Ledger and Trezor said researchers have a responsibility to publish their findings if vendors fail to fix bugs within an agreed disclosure window.…
Robinhood chain to generate $160M in annual fees by 2028: Bernstein
Growing demand for tokenized stock trading may drive the Robinhood chain’s annual fees to $160 million by 2028, predicted analysts from Bernstein.…
Why the Dow is being dragged down by a Swiss company’s bad news
Futures on the Dow were significantly worse than the S&P 500 because of a cardiovascular drug’s latestage setback. Source:MarketWatch