U.S. stocks were mixed amid uncertainty over trade, while Nvidia earnings boosted investor sentiment. Markets reacted positively to Nvidia’s latest earnings, but tariff-related news continued to weigh on investor confidence. On Thursday, May 29, the tech-focused Nasdaq rose 35 points, or 0.18%. At the same time, the Dow Jones slipped 0.04%, while the S&P 500 … Read more
Rain, a crypto card platform that lets users spend stablecoins anywhere Visa (V) is accepted, said it has added support for Solana , Tron and Stellar networks. The update makes it easier for companies building on those chains to launch their own branded cards, backed by either custodial or non-custodial wallets, that work across borders … Read more
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana. On May 29, Base creator Jesse Pollak said on X that Base had sustained near 1,000 transactions per second (TPS) during a launch on the agentic artificial intelligence platform … Read more
Coinbase’s layer-2 blockchain Base briefly saw the number of transactions it processed per second near 1,000, bringing it closer to the performance of layer-1 blockchain Solana. On May 29, Base creator Jesse Pollak said on X that Base had sustained near 1,000 transactions per second (TPS) during a launch on the agentic artificial intelligence platform … Read more
SoonChain, an AI-powered layer for Web3 gaming, has announced its strategic collaboration with FluxAI to redefine the landscape of Web3 game development. The other partner, FluxAI, is a platform for creative AI tools. Through this collaboration, SoonChain’s AI-driven gaming Layer 2 integrates into FluxAI’s groundbreaking creative AI tools. 🔴Partnership Announcement: SoonChain X @Fluxai_AI We’re excited … Read more
Ripple’s RLUSD stablecoin explodes across global markets with new listings, major integrations, and zero-fee campaigns fueling institutional and retail adoption. RLUSD Hits New Platforms—Fiat Onramps, Incentives, and Zero Barriers Ripple Labs’ RLUSD stablecoin is gaining widespread traction, with its footprint now extended across a growing list of trading platforms and financial service providers. Initially launched … Read more
Banco Santander, the largest bank in Spain and among the world’s most valuable brands, is planning to expand its presence in the digital assets market, including unveiling a stablecoin. According to a Bloomberg report, Banco Santander plans to offer cryptocurrency services to its retail clients, with the stablecoin initiative that’s still in the early stages … Read more
The New York Police Department has reportedly placed two officers on modified duties after the pair was accused of being linked to a local townhouse where a crypto trader was allegedly kidnapped and tortured before escaping. NYPD detective Roberto Cordero, who serves on New York City Mayor Eric Adams’ security detail, is said to have … Read more
In brief The SEC filed to dismiss its 2023 lawsuit against Binance, its founder, and sister company. The regulator alleged at the time that the exchange sold unregistered securities, among other violations. Under President Trump, the SEC has scrapped a number of high-profile crypto lawsuits. The Securities and Exchange Commission on Thursday filed to have … Read more
Most investors in spot Ether exchange-traded funds from asset managers BlackRock and Fidelity Investments are facing significant losses, according to crypto analytics firm Glassnode. “The average investor in the BlackRock and Fidelity Ethereum ETFs are now substantially underwater on their position, holding an unrealized loss of approximately -21% on average,” Glassnode said in its May … Read more