Bermuda Pushes New USDC Airdrop as Premier Burt Targets Local Merchants

In recent developments, bermuda is transitioning from blockchain experimentation to practical implementation with the announcement of a new USDC stablecoin airdrop and a merchant onboarding program. Strategic Expansion of USDC…

A16z raises $2.2B for new fund backing stablecoins, prediction markets

In recent developments, andreessen Horowitz’s crypto investment arm said its new fund would seek to back projects that “people keep using when the hype fades.” Looking closer, market participants highlight…

Haun Ventures Unveils $1 Billion Fund to Build the Next Financial System

In recent developments, the new fund will focus on supporting initiatives targeting innovation in three key areas: services for the new financial infrastructure, including crypto and other technologies; new assets…

Uphold Rejects New York Claims After $5M Customer Repayment Deal

In recent developments, uphold rejected New York’s CredEarn settlement claims, saying the regulator misrepresented its role in Cred LLC’s collapse. The company agreed to more than $5 million in customer…

New York forces Uphold to pay $5M over fraudulent crypto investment scheme

In recent developments, new York AG Letitia James secured a $5 million settlement from Uphold for promoting CredEarn, a crypto savings product that misled users about its risks. Looking closer,…

CFTC sues New York over bid to apply gambling laws to prediction markets

In recent developments, the CFTC has filed suit to block New York from enforcing gambling laws on prediction platforms, arguing federal regulators have sole authority over event-based contracts. Looking closer,…

Google Takes Aim at Nvidia With New Tensor Chips to Power AI Boom

In recent developments, google’s new processors target massive model training and the emerging AI agent economy, offering distinct builds for both needs. Looking closer, market participants highlight key drivers such…

Tencent’s New Hy3 AI Model Is the Most Efficient Chinese LLM No One’s Talking…

In recent developments, tencent just open-sourced Hy3 preview, a new model that punches above its weight on coding agents, reasoning, and search—built in under three months. Looking closer, market participants…

Bitcoin stays ‘stalled’ at $78K as oil threatens new risk-asset squeeze

In recent developments, bitcoin and risk assets faced an uphill struggle after the S&P 500 hit new all-time highs as analysis warned that BTC price support was at risk. Looking…

China’s new online marketing rules tighten ban on crypto promotions

In recent developments, china’s new online marketing rules tighten an already sweeping crypto ban and place fresh pressure on financial influencers, echoing parallel crackdowns in Europe, Australia and the UK.…