A Midwest Democratic primary that raised accusations of payback from the cryptocurrency industry ended with the unseating of two-term incumbent Shri Thanedar. Read More at https://cointelegraph.com/news/michigan-house-rep-loses-primary-support-crypto-pac?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Category Archives: Uncategorized
Western Union brings stablecoin remittances to Visa network with Stablecard
The remittance giant is rolling out Stablecard across 37 markets, targeting cross-border payments and consumers seeking US dollar-denominated savings in volatile economies. Read More at https://cointelegraph.com/news/western-union-stablecard-stablecoin-remittances-visa?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Gold hits six-week highs on China demand as Bitcoin ignores fresh S&P 500 record
Gold and US stocks stole the limelight on Wednesday as Bitcoin failed to gain significantly beyond $64,000. Read More at https://cointelegraph.com/markets/gold-hits-six-week-highs-on-china-demand?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Crypto whales accumulate as bear market nears late stage: CryptoQuant
Bitcoin, Ethereum and XRP whales increased balances during market weakness, as CryptoQuant said large holders are absorbing supply ahead of a possible bottom. Read More at https://cointelegraph.com/markets/crypto-whales-buy-bear-market-late-stage-cryptoquant?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Do the Coldcard attacks mean all hardware wallets are now insecure?
The Coldcard entropy flaw caused a crisis of confidence in hardware wallets. Here’s the details you need to know before you entrust Ledger, Trezor or Foundation with your Bitcoin. Read More at https://cointelegraph.com/magazine/does-the-coldcard-attack-mean-all-hardware-wallets-are-now-insecure?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Galaxy reports $85M net loss amid Q2 crypto market slump
Galaxy Digital reported an $85 million net loss driven by falling digital asset prices and $8.7 billion in revenue that missed Wall Street estimates. Read More at https://cointelegraph.com/news/galaxy-85m-loss-q2-crypto-market-slump?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Mastercard, Borderless test shared identity checks for stablecoin transfers
Mastercard and Borderless are exploring ways to bring more trust into cross-border stablecoin transfers through the payment processing giant’s Crypto Credential framework. Read More at https://cointelegraph.com/news/mastercard-borderless-test-identity-checks-stablecoin-transfers?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Binance sues RedotPay over alleged $473 million user losses: Report
Binance-linked companies sued RedotPay, accusing it of diverting more than 470,000 Binance Card users under a commercial deal and seeking nearly $473 million in damages. Read More at https://cointelegraph.com/news/binance-redotpay-lawsuit-alleged-473-million-losses?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Circle Q2 revenue falls short of Wall Street estimates
Stablecoin issuer Circle reported $701 million in Q2 revenue, missing Wall Street estimates of about $713 million. Read More at https://cointelegraph.com/news/circle-q2-revenue-misses-wall-street-estimates?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
Bitcoin ETFs log inflows as cold wallet hack reignites custody debate
US spot Bitcoin ETFs drew $382 million in two-day inflows, with Galaxy’s Bitcoin ETF returning to gains as the Coldcard incident renewed custody concerns. Read More at https://cointelegraph.com/markets/bitcoin-etfs-inflows-cold-wallet-hack-custody-debate?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound