USDC Payouts Surge $819M Amid Scrutiny
Circle reports $1.4B revenue in H1 2026, spending $819M on distribution costs, highlighting stablecoin network expenses. @Coinbase is a key partner. #Update #Stablecoin $USDC
Crypto News
General category for all types of news related to the cryptocurrency world.
Crypto Super PAC Invests Millions Against Brown
Fairshake spends $46.66M to oppose Sen. Sherrod Brown in Ohio, reflecting crypto’s intensified political strategy; Bitcoin drops 2.24% to $81,255. #Update #Crypto $BTC
AI Phone Revolution StepFun Launches Device
StepFun, backed by Tencent, launched the STEPX Neo phone with AI agent Amoo integrated into Step AOS 1.0 OS; pre-orders opened at $560. #Update #Tech
USDC Launches Visa Commercial Payments Revolution
@Visa has launched its USDC pre-funding service for international transfers via Visa Direct, now in commercial use, with @InyoGlobal as the first partner, enabling 24/7 cross-border payouts in over 180 countries. #Update #Crypto $USDC
AI Models Maximize Performance with TokenMaxxing
Anthropic’s and OpenAI’s top AI models cost 100x more per token than smaller ones, leading to high expenses. Companies like Meta and Uber are adjusting usage to cut costs. #Update #Tech
USDC Expands to 40 New Markets
@Circle plans to expand $USDC infrastructure into 40 emerging markets, targeting international payments over exchange demand. Regulation may impact rollout pace. #Update #Crypto $USDC
Quantum Computing Cuts Errors 40-Fold
@GoogleQuantumAI achieved a 40-fold reduction in errors using magic state cultivation on its Willow quantum processor, producing T-type states with 99.99% accuracy; scaling is needed for practical use. #Update #Crypto $BTC $ETH
Euro Area Economy Resilient Digital Euro Launches
European Central Bank President Christine Lagarde announced the ECB’s plans for a digital euro to enhance retail payments amid ongoing high inflation, expected to remain above target until 2027. #Update #Crypto $EUR
NASA Launches 2,478 Jellyfish to Space
NASA’s 1991 jellyfish experiment revealed space-born organisms struggle with Earth’s gravity, highlighting potential challenges for life developed in microgravity. #Update #SpaceBiology
Bitget Discontinues Services for Select Users
@Bitget will discontinue services for select users, ensuring funds remain safe. Affected users will receive notifications regarding withdrawals. This follows a recent security breach involving $388 million in unauthorized transfers. #Update #Crypto
Berkshire Hathaway Invests $330M as Shares Surge 41%
@BerkshireHathaway invests an additional $330M in @BendingSpoons, acquiring 10M shares at $33 each, raising total investment to nearly $930M as shares surge 41% to $53.46 #Update #Crypto $BSP
NSA Mystery Solved After 25 Years
Claude uncovers that NSA numbers from the 1990s, long suspected of concealing a backdoor, originated from a basic computer program; Bitcoin remains unaffected by quantum issues. #Update #Crypto $BTC
Claude AI Solves NSA’s 25-Year Mystery
Claude AI from @AnthropicAI solved a 25-year-old NSA encryption mystery, earning a $36,864 bounty. The discovery reassures cryptographic confidence but leaves some questions unanswered. #Update #Tech
Tesla Roadster Rocket Launches: The Unattainable Dream
Tesla’s new Roadster, demonstrated on October 15 with SpaceX-developed cold-gas thrusters, is not approved for public road use. Production starts in 2028. #Update #Automotive