Crypto

U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights or ordering groceries. The company said on Thursday that the token, dubbed NET Dollar, will enable instant and secure transactions for software agents, developers and creators. … Read more

BNB, the token that powers the BNB Chain and can be used for fee discounts on leading crypto exchange Binance, dropped more than 2% in the last 24 hours amid a wider cryptocurrency market decline. Sentiment in the industry remains poor, with the Crypto Fear and Greed Index now at 41, a neutral level close … Read more

Circle Internet, (CRCL) is examining ways of reversing transactions involving its stablecoin, USDC, the Financial Times (FT) reported on Thursday. The issuer of the second-largest stablecoin is “thinking through … whether or not there’s the possibility of reversibility of transactions,” the company’s president, Heath Tarbert, said in an interview with the newspaper. Stablecoins, tokens pegged … Read more

Crypto prices took another leg lower on Thursday while crypto-related stocks sold off after U.S. economic growth was revised sharply higher. The U.S. government reported that gross domestic product expanded at a 3.8% annualized rate in the second quarter, up from 3.3% in the previous estimate and well above the 3% initially reported. Alongside, initial … Read more

In today’s “Crypto for Advisors” newsletter, Kevin O’Leary, entrepreneur and investor, shares both his opinion and crypto investment thesis and how they’ve both changed over time. Then, Leo Mindyuk, CEO of MLTech answers questions about how everyday investors can access these investments in “Ask an Expert.” – Sarah Morton Unknown block type “divider”, specify a … Read more

PayPal and decentralized finance platform Spark have teamed up to grow liquidity for PayPal USD (PYUSD) onchain, aiming to scale deposits from $100 million today to $1 billion in the weeks ahead. PYUSD, issued by Paxos and pegged to the U.S. dollar, was recently onboarded to SparkLend, Spark’s lending marketplace. The integration gives users the … Read more

SharpLink Gaming (SBET), the Ethereum treasury firm led by Joseph Lubin, unveiled plans on Thursday to tokenize its equity on the Ethereum blockchain as the stock tokenization trend is gaining steam. The Minnesota-based firm said it has tapped tokenization specialist Superstate as its digital transfer agent, while its equity token will be natively issued through … Read more

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3896.07, down 4.3% (-174.7) since 4 p.m. ET on Wednesday. None of the 20 assets is trading higher. Leaders: BTC (-1.9%) and BCH (-2.1%). Laggards: AVAX (-11.4%) and NEAR … Read more

For years, decentralized finance, or “DeFi,” was treated in traditional finance circles as little more than a speculative casino, frivolous and potentially destabilizing. That perception is changing fast. Hedge funds are experimenting with on-chain liquidity pools, major asset managers are piloting blockchain settlement, and digital asset treasury companies (DATs), chasing the wildly successful strategy of … Read more

Securitize, a platform for tokenizing real-world assets, is expanding to the Sei blockchain with the tokenized Apollo Diversified Credit Fund (ACRED) the first to debut on the network. The move introduces tokenized private credit to Sei for the first time, the firm said. ACRED, which has $112 million in total value according to RWA.xyz, acts … Read more