Backed by Dragonfly, FirstMark and Coinbase Ventures, the startup is expanding software that helps businesses integrate stablecoins into treasury and payment workflows. Stablecoin treasury platform Velocity has raised $38 million in a Series A funding round to expand infrastructure that helps enterprises and financial institutions use stablecoins for cross-border settlement and treasury operations. The funding...Continue Reading

The two governments issued recommendations on the treatment of digital assets as the US prepares to implement a 2025 law on payment stablecoins. The US Department of the Treasury and HM Treasury released a set of recommendations as part of the Transatlantic Taskforce for the Markets of the Future, which included stablecoin activity and tokenized...Continue Reading

The change in tax policy, expected to impact about 700,000 people in the UK, was related to the disposal of crypto in lending and liquidity pools. The UK’s tax authority announced that it planned to treat “certain disposals” related to cryptocurrency lending and liquidity pools as transactions that would effectively defer the country’s capital gains...Continue Reading

The companies will explore using USDC for JCB’s cross-border treasury operations and merchant payments in Japan as regulated stablecoin adoption gains momentum. Japan’s largest domestic payment network, JCB, has signed a memorandum of understanding with Circle to explore using USDC for cross-border payments and merchant transactions. Under the memorandum, the companies will initially explore using...Continue Reading

The Bitcoin miner’s Georgia agreement with an undisclosed investment-grade technology company expands its footprint in AI and high-performance computing infrastructure. Shares of CleanSpark surged as much as 22% on Tuesday after the Bitcoin miner announced a 20-year data center lease in Georgia, reflecting its ongoing expansion into digital infrastructure beyond cryptocurrency mining. CleanSpark said it...Continue Reading

BTC price action returned to $64,000 on low US CPI inflation but traders stayed wary of rejection at key resistance. Bitcoin (BTC) spiked past $64,000 into Tuesday’s Wall Street open as US inflation saw a surprise sudden downturn. Key points: Read moreContinue Reading

Institutions can now stake Tron’s native token directly from Anchorage’s custody platform as the company expands support for one of the largest USDT settlement networks. Digital asset custodian Anchorage Digital has added native TRX staking for institutional clients, expanding its support for the Tron blockchain as demand for regulated access to staking services grows. The...Continue Reading

MicroStrategy blew up during the dot-com era, before Michael Saylor transformed it into the world’s largest corporate Bitcoin holder. Did he learn his lesson? In March 2000, Strategy executive chairman Michael Saylor watched more than $6 billion disappear from his fortune in a single day. MicroStrategy’s shares had plummeted more than 60%, thrusting the thirty-five...Continue Reading

Humanity Protocol’s founder said they will refocus on operational security, as malicious actors are switching from smart contract vulnerabilities to exploiting human behavior. Humanity Protocol will refocus its cybersecurity efforts on operational security following a June $36 million exploit that was traced back to a compromised employee laptop, according to the founder of the decentralized...Continue Reading

OpenAI’s ChatGPT now displays Kalshi’s World Cup prediction market odds in search results, marking the AI firm’s first reported deal with a prediction market platform. Sam Altman’s OpenAI is bringing prediction market data to ChatGPT, giving World Cup fans a new way to track match predictions. OpenAI has started displaying Kalshi’s prediction market odds for...Continue Reading