Chelsea FC gets a stablecoin sponsor after UK FCA warning to clubs
According to Circle, the USDC stablecoin name will appear on the front of club jerseys for Chelsea’s upcoming football season. Source:Cointelegraph
Bullish provides USD.AI $100M stablecoin facility for GPU-backed lending
The institutional crypto exchange is providing $100 million in stablecoin liquidity to support loans backed by AI computing infrastructure. Source:Cointelegraph
Bitcoin dips to $78.4K as Fed’s Warsh downplays softer inflation prints
Bitcoin failed to make a decisive break above $80,000 as traders digested Fed Chair Kevin Warsh’s Jackson Hole keynote speech, which remained wary of US…
Crypto Biz: Bitcoin pumps, Wall Street does the paperwork
Bitcoin’s $80,000 rebound lifts crypto stocks as Circle, Strategy and Solana show how capital markets, stablecoins and onchain growth are driving crypto’s…
Who is legally liable when an AI agent goes rogue?
If your personal AI agent goes rogue and causes harm or financial damage in the real world, can you be held liable? Source:Cointelegraph
Polish Olympic chief charged in Zondacrypto probe, justice minister says
Polish Olympic Committee president Radosław Piesiewicz faces charges as prosecutors investigate his ties to collapsed cryptocurrency exchange Zondacrypto.…
California Senate passes bill to ban memecoin issuance by public officials
The bill seeks to prohibit the listing of memecoins issued by federal public officials to California residents, citing conflicts of interest and “paytoplay…
Capital B raises $24.5M for its Bitcoin treasury amid market uncertainty with BlockStream’s Adam Back chipping in
The French Bitcoin treasury firm’s private placement drew support from Adam Back and TOBAM, with warrant exercises potentially unlocking another $158 million.…
Bitcoin bear market ‘over’ as price metric copies 2023 recovery: CryptoQuant CEO
Bitcoin profitability data produced a bearmarket reversal signal that was also present at the start of 2023. Source:Cointelegraph
BitGo buys NYDIG trading arm to deepen institutional crypto push
BitGo completed its acquisition of NYDIG’s institutional trading business, adding about 30 employees and expanding its derivatives and financing capabilities.…
Visa works with Upbit parent on stablecoin payments, AI commerce
Visa and Dunamu will explore stablecoin payments and remittances, with Open Standard’s proposed OUSD among several projects under review. Source:Cointelegraph
Abu Dhabi royal backs 49% stake in Trump-linked crypto bank venture: WSJ
Sheikh Tahnoon’s group reportedly backs a 49% stake in the holding company behind World Liberty’s conditionally approved US trust bank. Source:Cointelegraph