TRM Labs doubles valuation to $2B in Series C expansion
The blockchain intelligence firm said its annual recurring revenue has quadrupled over the past three years as it expands its AIpowered investigations…
Tether pushes into private credit with $400 million fund with Fasanara
The USDT issuer will help source lending opportunities and provide stablecoin payment infrastructure for Fasanara's private credit network. Source：CoinDesk
Consensys to split MetaMask into its own firm while staying silent on IPO
The existing company, Consensys Software Inc., will rebrand as MetaMask under Ethereum cofounder Joe Lubin as chairman and CEO. 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…
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
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…
Iran eases currency controls to let traders bring earnings home in crypto: FT
Exporters can use overseas earnings to fund imports directly, bypassing the official foreignexchange system, the FT reported. Source：CoinDesk
Singaporean 22-year old pleads guilty to being the ringleader in $245 million crypto fraud case
Malone Lam, a Miami resident charged with stealing 4,100 bitcoin, led a ring of fraudsters who stole crypto via online scams and home invasions. Source：CoinDesk
Bessent says ‘I am the house now.’ What it means for the yen — and U.S. stocks.
Treasury Secretary Scott Bessent has never been accused of being a wallflower, but speaking in front of Southern Methodist University’s business school on…
Live updates: XRP funds stand out among U.S. ETFs as bitcoin, ether, solana funds see outflows
XRP ETFs took nearly $2 million on Tuesday while bitcoin, ether, solana and hyperliquid funds all lost money. Grayscale's products account for the entire…