Payments
Infrastructure

Circle under fire after $285 million Drift hack over inaction to freeze stolen USDC

Prominent blockchain sleuth ZachXBT alleged faster action by Circle could have limited crypto losses, but freezing asset without legal authorization carries legal risks. Read Full…
Infrastructure

Circle under fire as $230M in stolen USDC flows unblocked days after freezing legitimate accounts

Stablecoin issuer Circle is facing mounting scrutiny from blockchain researchers after millions of USD Coin (USDC) were stolen and flowed unimpeded through its proprietary bridge…
AI

x402 Foundation Joins Linux Foundation with Backing from Google, Microsoft, and Amazon

The x402 Foundation — formed by Coinbase, Cloudflare, and Stripe to govern an open standard for AI-native payments — announced Thursday it is joining the…
DeFi

Crypto market structure bill release pushed back as industries view revised stablecoin yield compromise this week

Crypto and banking industry representatives are viewing revised stablecoin yield compromise language this week. Read Full Story at Coindesk.com →
Markets

Stablecoin supply reaches $315B in Q1 as USDC rises, USDT declines

Stablecoins dominated crypto trading in Q1 as investors sought safety, while rising bot usage and declining retail flows pointed to shifting market dynamics, according to…
Payments

USDC Stablecoin Issuer Circle Unveils New Token to Give Bitcoin More Utility

Publicly traded stablecoin issuer Circle is launching a new token, cirBTC, its own wrapped Bitcoin alternative. Read Full Story at Decrypt.co →
AI

Coinbase's x402 Payment Protocol Moves to Linux Foundation With Backing From Google, Stripe, and Visa

The open standard for embedding payments into HTTP interactions aims to become the settlement layer for AI agent commerce, with over 20 founding members spanning…
DeFi

Wall Street Firms and Crypto Companies to Review New Market Structure Proposal in Private Sessions

Bitcoin Magazine Wall Street Firms and Crypto Companies to Review New Market Structure Proposal in Private Sessions Crypto and banking industry representatives will review a…
Markets

Oil, dollar strength, and inflation fears are exposing XRP’s biggest market contradiction

XRP is entering a more revealing phase of the cycle. The token’s core pitch is that global payment stress should make its cross-border use case…
DeFi

Coinbase CLO: Clarity Act Deal on Stablecoin Yield 'Very Close'

The crypto exchange’s top lawyer dismissed banking industry concerns about deposit flight as lawmakers work to finalize stablecoin provisions. Read Full Story at Decrypt.co →