PayPal and MoonPay have introduced a new platform that allows developers to create custom stablecoins backed by PayPal’s PYUSD. Summary PYUSDx lets developers issue app-specific stablecoins backed by PYUSD. The platform reduces launch time from months to days. USD.ai is the first project building on the framework. In a joint Feb. 27 press release, the…
KCS, STABLE, and PIPPIN are today’s top losers after the latest attacks. Bitcoin’s price moves took another turn for the worse in the past few hours after Israel attacked Iran, and then US President Trump confirmed his country was also involved. Numerous altcoins have bled out heavily, while Binance Coin has taken advantage and…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure US Federal authorities announced Thursday that more than $580 million in crypto tied to Chinese transnational criminal organizations has been seized or frozen as part of an aggressive crackdown on large-scale investment and confidence scams targeting Americans. The action was carried out…
Mark Karpelès, the former CEO of Mt. Gox, is calling on community support for a proposal to recover more than $5.2 billion stolen from his Bitcoin exchange more than a decade ago. On Friday, Karpelès submitted a proposal on GitHub to add a consensus rule that would allow the 79,956 Bitcoin hacked from Mt. Gox…
SpaceX is preparing to confidentially file for an initial public offering as soon as next month, positioning Elon Musk’s rocket and satellite company for what could become the largest IPO in history. The Starbase, Texas based firm is expected to submit a draft registration to the US Securities and Exchange Commission in March, keeping it…
Ethereum price trades near $1,950 as the Binance buy/sell ratio hints at a potential shift in derivatives positioning. Summary Ethereum price sits near the lower end of its weekly range after a sharp monthly decline. Binance Taker Buy/Sell Ratio has climbed toward neutral after weeks of sell-side pressure. A move above $2,200 is needed to…
Dorsey said AI-driven efficiency demands smaller teams, triggering one of the largest layoffs in Block’s history. Jack Dorsey announced that Block is reducing its workforce by nearly half, cutting more than 4,000 employees and bringing total headcount from over 10,000 to just under 6,000. In a note shared publicly on X, Dorsey described the…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple is reshaping how builders on the XRP Ledger get funded in 2026, arguing that the ecosystem has reached a point where support needs to flow through more than Ripple-linked programs alone. The change matters because it signals a deliberate move away…
Crypto investment firm Paradigm is seeking to raise $1.5 billion for a new fund that will invest in companies in AI, robotics and other frontier technologies, according to the Wall Street Journal. Paradigm will continue to invest in crypto companies, according to sources familiar with the situation, but it will use its existing technical investment…
The White House announced today it will halt all federal use of Anthropic technology, triggering a six-month transition period across government agencies. President Donald Trump directed the phase-out in a Truth Social post, accusing the AI developer of attempting to override military authority by enforcing internal usage restrictions. Trump characterized the move as a defense…
