SEC approves first yield-bearing stablecoin security
Figure Markets has become the first company to receive approval for an interest-bearing stablecoin in the United States.
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Opera Mini’s crypto wallet MiniPay now offers USDT and USDC
Since launching in September 2023, Opera Mini’s MiniPay app has amassed 3 million users.

Any dip buyers left? Bulls are largely absent as the total crypto market cap drops to $1.65T
The total crypto market capitalization has been trading within a descending channel for 24 days and the $1.65 trillion support was retested on May 6. The drop to $1.65 trillion was followed by Bitcoin (BTC) reaching $35,550, its lowest price in 70 days.Total crypto market cap, USD billion. Source: TradingViewIn terms of performance, the aggregate…

Grayscale’s diversified crypto fund becomes SEC-reporting firm
Grayscale also publicly filed three Form 10 registration statements on behalf of Grayscale Bitcoin Cash Trust, Grayscale Ethereum Classic Trust, and Grayscale Litecoin Trust. 886 Total views 10 Total shares Cryptocurrency asset manager Grayscale Investments continues reinforcing its commitment to digital currency investment products with a new filing with the United States Securities and Exchange…

ChatGPT and AI must pay for the news it consumes: News Corp Australia CEO
Michael Miller said generative AI is a move by digital companies to take the creative content of others "without remunerating them for their original work." 370 Total views 6 Total shares Own this piece of history Collect this article as an NFTThe creators of artificial intelligence (AI) fuelled applications should pay for the news and…

SEC halts trading for blockchain company run by former Ron Paul staffer
A blockchain company run by an ex-staffer of former Presidential candidate Ron Paul has received a temporary trading suspension from the SEC. The United State’s securities watchdog has placed a temporary trading suspension on the stock of Vortex Blockchain Technologies until October 6. The Securities and Exchange Commission (SEC) cited confusion over the nature of…

WeWork to accept crypto payments and hold them on its balance sheet
The coworking firm is the latest to see crypto as a suitable asset for its corporate treasury. 1612 Total views 13 Total shares Coworking space giant WeWork is the latest company to announce plans to hold cryptocurrencies on its balance sheet.The SoftBank-owned commercial real estate firm announced its plans via a statement on Tuesday. WeWork’s crypto…

Indian crypto exchange becomes unicorn after $90M funding round
CoinDCX's Series C funding was led by B Capital Group, a VC from Facebook co-founder Eduardo Saverin. 158 Total views 100 Total shares Mumbai-based crypto exchange CoinDCX has raised $90 million in a Series C funding, becoming the first crypto business in India to reach unicorn status. According to the announcement, the funding round was led…

States likely to adopt Bitcoin reserves first: Report
States are likely to adopt Bitcoin (BTC) reserves before the US federal government does, Senator Cynthia Lummis reportedly said on Feb. 28 during the Bitcoin Investor Week conference in New York. “My bets are that you’ll see a state have a Bitcoin strategic reserve before the federal government,” Lummis said, according to a Bloomberg report.