StablecoinsSamsung Wallet to Add Stablecoin Support
Samsung showed a Samsung Wallet mockup holding USDC at Galaxy Unpacked and announced stablecoin support, without naming a launch date or partner.
USA — News - Page 26
Stablecoins
MiningPoolin Files for Chapter 11: What Happens to the Former Mining Leader
Mining pool Poolin, the 2019 leader, filed for Chapter 11 and is selling its Texas sites for $52M. Here's what happens to its assets and creditors.
InstitutionalBitmine Slows ETH Purchases for Stock Buyback
Bitmine, the largest corporate Ethereum holder, slowed weekly ETH buys to a crawl to fund an $86 million stock buyback led by chairman Tom Lee.
StablecoinsExodus Wallet Cuts 25% of Workforce for Stablecoin Pivot
Wallet firm Exodus is laying off a quarter of its staff after acquiring Monavate and Baanx, betting on a stablecoin and card payments platform.
InstitutionalGalaxy Digital Renames Texas Tech Stadium
Galaxy Digital signed a 15-year deal to rename Texas Tech's stadium. What is behind the $70 million contract and why the company is betting on Texas.
StablecoinsUS Agencies Miss GENIUS Act Deadline for Stablecoin Rules
Treasury, OCC, FDIC and the Fed missed the GENIUS Act's one-year deadline, issuing only 10 proposed rules. Here's what it means for Tether and USDC.
RegulationFrance Blocks Polymarket Over Illegal Gambling Concerns
France's ANJ ordered ISPs to block Polymarket, calling it illegal gambling. Fines reach 100,000 euros as the platform is restricted in 30+ countries.
MarketsFTX Recovery Trust to Pay Creditors Another $900 Million
The FTX Recovery Trust will pay creditors about $900 million starting July 31 in its fifth distribution round. Here's who gets paid and how much.
InstitutionalMorgan Stanley Launches Crypto Trading on E*TRADE
Morgan Stanley opened spot trading for Bitcoin, Ethereum, and Solana on E*TRADE via partner Zero Hash. Here's how it works and what it costs.