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Bolivia Eyes USDT as Miners’ AI Pivot Faces New Scrutiny

Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars...

FTX to Distribute $900M to Creditors in Fifth Payment Round

The trust behind reimbursing creditors with ties to defunct cryptocurrency exchange FTX announced that its next distribution of funds would start on July 31.In...

Galaxy Expands Texas Footprint with Texas Tech Stadium Deal

Digital asset and AI infrastructure company Galaxy Digital has signed a 15-year naming rights agreement with Texas Tech, renaming the university’s football stadium Galaxy...

Consensys unknowingly outsourced developer work to North Korean

Through an introduction with a “reputable third-party service provider,“ the company took on a developer who, as part of an investigation, was revealed to...

OKX Europe Lets Users Convert USDT to MiCA-Compliant USDC

OKX Europe has launched a one-way conversion feature allowing customers to deposit USDT and convert it into USDC, offering a regulated migration path as...

Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats

Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war.Key points:Bitcoin gives traders a...

HSBC wins Bank of England approval to enter Digital Securities Sandbox

The Bank of England approved HSBC Orion to go live in its Digital Securities Sandbox, with the first Digital Gilt Instrument transaction expected in...

UK Sentences Two Tied to $115M Crypto Ransom, Public Transport Breach

The United Kingdom National Crime Agency (NCA) and City of London Police said two men associated with the “Scattered Spider” hacking group were sentenced...

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