Coinbase Joins the S&P 500: Recovers from a Cyberattack and an Investigation
TL;DR Coinbase’s shares rose more than 30% after announcing its inclusion in the S&P 500, which requires passive funds and ETFs to buy its stock. A cyberattack estimated…
Cryptocurrencies
Wyoming Bets on Digital Money with the Launch of Its Public Stablecoin WYST
TL;DR Wyoming launches WYST, the first U.S. public stablecoin fully backed by U.S. dollars, Treasury bonds, and repurchase agreements. The token will feature real-time…
NXPC Takes Off: Binance Fuels Nexpace Token’s Surge
TL;DR Binance has officially listed NXPC, the token powering MapleStory Universe’s Web3 economy, with trading pairs including USDT, BNB, USDC, and other major currencies.…
Senators Demand Crypto Tax Reform in the U.S.
TL;DR At a time when digital asset adoption is growing globally, the United States risks jeopardizing its technological leadership. Senators Cynthia Lummis (Wyoming) and…
Bitget Wallet Launches In-App Marketplace to Shop with Cryptocurrencies
TL;DR Bitget Wallet launched ‘Shop with Crypto’, a marketplace that allows users to pay for goods and services with cryptocurrencies without converting them to…
Robinhood Acquires WonderFi for $179M: Entering the Canadian Crypto Market
TL;DR Robinhood acquired WonderFi for $178.98 million, adding Canadian platforms Bitbuy and Coinsquare to its structure. WonderFi posted CA$3.57 billion in trading volume in…
Dubai Finance Partners with Crypto.com to Power Public Service Crypto Payments
TL;DR MoU Partnership: Dubai Finance has partnered with Crypto.com to enable cryptocurrency payments for public services, marking a major step toward a cashless economy.…
Arizona Governor Hobbs Blocks Two Crypto Bills, Citing ‘Too Much Risk’
TL;DR Vetoed Crypto Bills: Governor Hobbs blocked two bills, one for a crypto reserve fund and another allowing crypto payments for fines, citing excessive…
Coinbase CEO Makes Predictions About The Future of Crypto
TL;DR Coinbase, one of the most prominent names in the crypto ecosystem, is preparing for a historic milestone: its official inclusion in the S&P…
Tether Breaks Supply Record as Tron Overtakes Ethereum
TL;DR Tether (USDT) total supply surpassed $150 billion, driven by steady demand and increased activity in the crypto market. Tron overtook Ethereum as the…
Bitcoin Rises, But Investors Are Still Waiting for More Stability
TL;DR Bitcoin’s rally did not generate the expected enthusiasm in the institutional market, with flows into ETFs dropping 67%. Despite net inflows of $600…