Decentralized settlement protocol Kima has integrated into Mastercard’s sandbox program, enabling stablecoin-powered top-ups for prepaid cards directly from self-custody wallets. According to an announcement shared with Cointelegraph, Mastercard partners can now rely on Kima’s settlement infrastructure to enable their prepaid cards to be topped up with stablecoins, including USDC (USDC) and Tether’s USDt (USDT), from … Read more
Coinbase, a U.S.-headquartered cryptocurrency exchange, reached a notable achievement by securing a spot in the S&P 500 index, a gap formed by Discover Financial Services following its acquisition by Capital One. In the wake of this news, Coinbase experienced a substantial share price increase of over 25%, catapulting it to $256. This inclusion highlights a … Read more
Nasdaq-listed GD Culture Group plans to allocate up to $300 million from a stock purchase agreement toward acquiring BTC and TRUMP for its corporate treasury, signaling a strategic pivot toward decentralized finance. GDC to Build Crypto Reserve with $300 Million Stock Deal GD Culture Group Limited (Nasdaq: GDC) has announced a landmark $300 million common … Read more
Iris Coleman May 13, 2025 17:40 The U.S. regulatory landscape for cryptocurrency sees developments in stablecoin legislation, digital asset market structure, and banking clarity, according to a16z crypto. The U.S. cryptocurrency regulatory framework is witnessing significant developments as lawmakers and regulatory bodies engage in substantial discussions and actions. According to a16z crypto, efforts to establish … Read more
World Network, the digital identity and crypto project of Sam Altman’s OpenAI, has alarmed privacy activists ahead of its United States launch, with observers concerned over its data collection and protection practices. World “is the opposite of privacy. It’s a trap,” said Nick Almond, CEO of FactoryDAO, on X. While the project claims to protect … Read more
Crypto venture capital deals in the first quarter of 2025 saw deal values jump even as the number of deals sank from the same quarter a year ago, says PitchBook. The venture research firm said in its May 14 Crypto VC Trends report for Q1 that 405 deals were made in the quarter, down 39.5% … Read more
Once a go-to swapper for hackers and drainers, eXch was shut down by German police in April — but continued activity suggests the story isn’t over. Without Know Your Customer (KYC) checks, eXch wasn’t your typical crypto exchange. It acted more like an instant swapper, allowing bad actors and cybercriminals to fly under the radar … Read more
EUR/GBP rises above 0.8415 in Wednesday’s early session. German HICP inflation came in at 2.2% in April. ECB’s Schnabel said the central bank should keep a steady hand and hold rates close to current levels. The EUR/GBP cross trades in positive territory near 0.8415, snapping the seven-day losing streak during the early European trading hours … Read more
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Two former executives of the bankrupt crypto lending service Cred have pleaded guilty to wire fraud connected to the company’s collapse. Former Cred CEO Daniel Schatt and chief financial officer Joseph Podulka admitted to wire fraud as part of a plea deal with prosecutors, according to a May 13 text filing in a California District … Read more