Acting FDIC Chair Travis Hill said the agency is also working on a regime for stablecoin issuance and expects to issue a proposal for an application process by the end of year. Read More at https://cointelegraph.com/news/fdic-tokenized-deposit-insurance-stablecoin-application-plans?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Author Archives: pdgweb
Crypto exchange Kraken boss says they aren’t racing to go public in US
Speculation that Kraken was planning to go public has been circulating since mid-2024, with one report suggesting it would do so in the first quarter of 2026. Read More at https://cointelegraph.com/news/kraken-wont-rush-us-ipo-says-co-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin can win US voters regardless of political lean, survey finds
Bitcoin’s ability to boost financial inclusion, allow transactions without government interference, and strengthen the energy grid means it can align with the values of nearly any voter. Read More at https://cointelegraph.com/news/bitcoin-aligns-all-political-parties-btc-policy-analysis?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Chrome Web Store’s No. 4 crypto wallet can steal user seed phrases
A malicious “Safery: Ethereum Wallet” extension is currently live on the Chrome Web Store, using a crafty backdoor to exfiltrate seed phrases. Here’s how it works. Read More at https://cointelegraph.com/news/malicious-crypto-wallet-google-extension-steals-seed-phrases?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Stay calm: Bitcoin whales are selling, but it’s no ‘sudden exodus’
Analysts at Glassnode argue that the recent wave of Bitcoin whale sales is a typical part of a late-stage crypto cycle when older hands take profits. Read More at https://cointelegraph.com/news/bitcoin-whales-selling-could-mean-late-cycle?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Ban on rewards tied to stablecoin payments is un-American: Coinbase
Coinbase Institute has criticized banking groups for asking regulators to prevent merchant rewards for stablecoin customers, arguing the request has no merit under the GENIUS Act. Read More at https://cointelegraph.com/news/banning-merchant-rewards-stablecoins-un-american?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitfarms plunges 18% after plan to wind down Bitcoin mining ops
Bitfarms said it plans to shift its Bitcoin mining sites over the next two years and convert them to power AI, starting with its major site in Washington. Read More at https://cointelegraph.com/news/bitfarms-plunges-18-after-plan-wind-down-bitcoin-mining-ops?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
3 reasons why Bitcoin and risk markets sold off: Is a recovery on the horizon?
Bitcoin’s recent weakness mirrors broader economic uncertainty, as unreliable economic data and shifting expectations on US growth and policy cloud investor confidence. Read More at https://cointelegraph.com/news/3-reasons-why-bitcoin-and-risk-markets-sold-off-is-a-recovery-on-the-horizon?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Threshold: Upgraded bridge to funnel $500B institutional BTC into DeFi
Threshold has introduced upgrades to its tBTC bridge, which it claims will better position the $500 billion worth of Bitcoin held by institutions and whales to access DeFi opportunities. Read More at https://cointelegraph.com/news/threshold-improves-tbtc-bridge-institutional-btc-defi?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
MoonPay launches enterprise stablecoin suite with M0, taps ex-Paxos leaders
The move pushes MoonPay deeper into stablecoin infrastructure, giving issuers a ready-made stack for launching fully backed digital dollars across multiple chains. Read More at https://cointelegraph.com/news/moonpay-enterprise-stablecoin-suite-m0-paxos?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound