Former Tether investment chief is looking to sell part of his stake in the stablecoin giant: Bloomberg
Richard Heathcote is reportedly working with PJT Partners to find a buyer for a small part of his 1.26% holding in the issuer of USDT following his transition…
Coinbase secures UK authorization to offer traditional investments alongside crypto
The license allows institutional traders to access perpetual futures and gives U.K. retail customers the ability to trade equities to begin with.…
Yield Guild Games cuts 35 staff, shuts game publisher to focus on AI
Yield Guild Games said tough crypto and video game market conditions mean its YGG Play business is no longer commercially sustainable. Source：Cointelegraph
Xbox’s CEO says the business is ‘not healthy’ as it prepares for 3,200 layoffs
With shares down 20% this year, Microsoft joins peers like Meta and Oracle in using layoffs to offset rising costs of the AI race Source：MarketWatch
Circle’s USDC is leaving Tether behind in the stablecoin volume race, new data from Visa shows
As Wall Street banks adopt digital currencies for faster settlements, overall trading volume spiked 63% in just a single month. Source：CoinDesk
Securitize eyes acquisitions with $400 million war chest after going public, CEO says
Following its NYSE debut, Securitize CEO Carlos Domingo said the firm wants to expand its institutional tokenization platform rather than buy competitors.…
Bitmine added another $74 million in ether as Tom Lee bets on Clarity Act boost
The secondlargest digital asset treasury increased its buying pace, while Strategy sold a chunk of its bitcoin holdings. Source：CoinDesk
Russia's largest bank plans crypto wallet launch as Moscow clears market path
Services will integrate into "Sberbank Online" and "SberInvestments" once the "On Digital Currency and Digital Rights" bill takes effect in September.…
Ripple's preliminary crypto asset provider license in Luxembourg upgraded to fully compliant
The approval means Ripple is now fully MiCAcompliant for payments, financial institutions, corporates and businesses across all 30 European Economic Area…
Coinbase AI draws backlash after pushing World Cup result before kickoff
CEO Brian Armstrong investigated, and the firm said it made updates to prevent future AIgenerated inaccuracies. Source：CoinDesk
Banks have stopped asking if stablecoins belong in finance, now they're considering how
Financial institutions are racing to become the secure gateways for stablecoins as digital asset volume is projected to explode by 2030. Source：CoinDesk
Tokenization's next use case is personalized portfolios, NYLIM executive says
Thomas Sy, head of multiasset solutions at the $800million asset manager, says blockchain can enable complex portfolio construction that's not yet possible in…