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Crypto card spending tops $1 billion as stablecoins move into everyday purchases
Crypto

Crypto card spending tops $1 billion as stablecoins move into everyday purchases

Tracked card volume more than tripled in a year, with USDC and USDT funding over 70% of spending…

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Robot Brains Could Have Their ‘ChatGPT Moment’ by 2027, ACE Robotics Chairman Says
Crypto

Robot Brains Could Have Their ‘ChatGPT Moment’ by 2027, ACE Robotics Chairman Says

The breakthrough could come from AI models that help robots understand and interact with the physical world, though…

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The US approved high-leverage Bitcoin trading while crypto founders remain legally blocked from raising funds
Crypto

The US approved high-leverage Bitcoin trading while crypto founders remain legally blocked from raising funds

On May 29, the CFTC approved a Bitcoin perpetual contract for a regulated US exchange. Almost three months…

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Layer 1 network dilutes supply by 75% overnight to fund survival after main developer quits
Crypto

Layer 1 network dilutes supply by 75% overnight to fund survival after main developer quits

The executed mint reduced the proposal’s pre-existing supply base to about 25.1% of its estimated post-mint total. The…

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Crypto’s next billion users might be AI agents, and they’re paying with stablecoins
Crypto

Crypto’s next billion users might be AI agents, and they’re paying with stablecoins

According to Coinbase’s head of AI product, we’re currently in the “Napster/LimeWire era” of agentic payments.

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Crypto treasury firm seeks 20B share ceiling and reverse splits after launching $300M stock offering
Crypto

Crypto treasury firm seeks 20B share ceiling and reverse splits after launching $300M stock offering

The proposals would set a 20 billion-share ceiling and grant three years of broad reverse-split authority. The post…

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As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt
Crypto

As foreign investors dump $29 billion in Treasury bills, Washington pivots to stablecoin issuers to back US debt

Foreign investors sent a net $133.5 billion into US financial markets in June. During the same month, they…

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Ripple relies on locked XRP reserves to back a $275 million institutional credit line
Crypto

Ripple relies on locked XRP reserves to back a $275 million institutional credit line

KBRA’s BBB rating gives Ripple Prime investment-grade access, but expected parent support and mostly escrowed XRP remain central…

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America is creating a new class of crypto banks – but they aren’t really banks
Crypto

America is creating a new class of crypto banks – but they aren’t really banks

Circle now has a federal bank charter. However, the charter provides no ordinary checking accounts, FDIC-insured savings accounts,…

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Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor
Crypto

Local’s access to global crypto platforms could end under Nigeria’s proposed capital floor

Exchanges and custodians would need ₦2 billion in capital, while foreign-currency stablecoins face 120% backing. The post Local’s…

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