Payments
Industry News

SoftBank eyes buying ex-Sony payments firm to boost settlements business

SoftBank eyes buying ex-Sony payments firm to boost settlements business Read the full story at Nikkei Asia →
Industry News

Triple-A confirms treasury-wallet breach after losses reach $11.8M

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves. Read the full story…
Infrastructure

South Korea’s largest bank to launch payment service on JPMorgan’s Kinexys

KB Kookmin Bank will use JPMorgan’s blockchain platform to support US dollar cross-border payments for import and export businesses across 10 countries. Read Full Story…
DeFi

8x faster than US cash: The $1T network settling millions while banks sleep on weekends

Stablecoin supply has roughly doubled since January 2024, while entity-adjusted transaction volume has grown fourfold to fivefold, according to Coinbase Institutional, opening a wide gap…
Payments

EU authorities include HTX exchange in Russian sanctions

The exchange, already sanctioned by the UK, is now on a list of 18 entities “providing crypto-assets services or payment services“ in defiance of the…
Payments

Samsung Wallet Will Add Stablecoin Support, Including USDC

Samsung showed a wallet mockup holding Circle’s USDC at Galaxy Unpacked. But details are scarce. Read Full Story at Decrypt.co →
DeFi

Goldman Sachs CEO Breaks With Wall Street to Back Crypto Clarity Act

Solomon’s endorsement splits with JP Morgan’s Jamie Dimon and banking trade groups, who warn the bill’s stablecoin-yield provisions could pull deposits away from traditional lenders.…
Institutional

Nasdaq-Listed Zhibao Wants a Bitcoin Treasury, Plans to Sell $220M in Stock for BTC

A Shanghai-based insurance-tech company trading below $1 wants to build a bitcoin treasury by taking BTC directly as payment for new shares. Read Full Story…
Institutional

Tassat wants to help smaller banks tap the trillion-dollar stablecoin boom before Wall Street lock them out

The former Signet developer aims to launch early next year a marketplace connecting stablecoin issuers with regional lenders to manage reserves. Read Full Story at…
Markets

Balance Coin Crashes 99% After Attacker Feeds a Fake Bitcoin Price Into 42DAO

An oracle-manipulation exploit let an attacker liquidate collateralized vaults that should have been safe, netting about $912,000 and collapsing the stablecoin’s peg. The post Balance…