BlackRock Launches Stablecoin Reserve Fund
BlackRock adapts its money market fund for stablecoin reserves under the GENIUS Act, responding to issuer demand for compliant assets. #Update #Crypto $USDC
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Salesforce Faces AI Data Lawsuit
Salesforce faces a class action lawsuit for allegedly using pirated books to train its AI models, potentially infringing copyright laws. #Update #Legal
Ripple Acquires Firm in $1B Deal
Ripple acquires treasury management firm GTreasury for $1 billion to enhance crypto asset management amid rising digital asset treasuries. #Update #Crypto $XRP
Binance Cleared to Acquire GOPAX Exchange
Binance gains regulatory approval to acquire a majority stake in GOPAX, re-entering the South Korean market after a two-year hiatus. #Update #Crypto
Bitcoin-Backed Zeta Raises $231M
@ZetaNetworkGroup raises $231M in Bitcoin-backed private placement via Solv Protocol, enhancing balance sheet amid volatile crypto markets. #Update #Crypto $BTC
Bitcoin Ban in Japan Reshapes Global Policy
Japan plans to ban crypto insider trading under the Financial Instruments and Exchange Act, empowering regulators to investigate illicit trades and potentially influencing global market integrity standards. #Update #Legal
Coinbase Launches Business Stablecoin Platform
Coinbase launches a financial platform for SMBs to manage crypto and earn up to 4.1% APY on $USDC, integrating QuickBooks and Xero. #Update #Crypto $USDC
Bitcoin Traders Bearish Ethereum Outshines Gold
Bitcoin slides as Myriad predictors favor $100K over $120K, Solana’s all-time high odds drop to 34%, while Ethereum leads gold in the race to $5K. #Update #Crypto $BTC
Bitcoin Profits Trump Family $1 Billion
Eric Trump claims the Trump family’s crypto ventures, including World Liberty Financial and NFT trading cards, have profited over $1 billion amid controversy over potential conflicts of interest. #Update #Crypto
Bitcoin Bill Risks Centralization Warn Lawyers
The Philippine Senate considers Bill 1330, mandating blockchain for budget transparency amid corruption scrutiny, but experts warn of centralization risks. #Update #Blockchain
Bitcoin Holdings Exceed $100B in Public Firms
Public companies now hold a record ~1.04M $BTC (~$117B), with MicroStrategy leading at ~640,031 BTC. #Update #Crypto $BTC
Bitcoin Faces $19B Leverage Wipeout
Bitcoin is in a critical phase after a $19 billion leverage washout. Analysts see potential for recovery if macro conditions improve, but uncertainty remains. #Update #Crypto $BTC
Bitcoin Payments Launch at US Coffee Chain
Compass Coffee in Washington, D.C. becomes the first to process Bitcoin payments via @Square’s register using the Lightning Network, with zero fees for the first year.
Bitcoin: Australia Bans Crypto ATM Operations
Australia’s Home Affairs Minister Tony Burke announced legislation to empower AUSTRAC to restrict crypto ATMs, citing links to scams and money laundering. #Breaking #Legal