Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro token a priority for expansion. Source:CoinDesk
Ethena pushes stablecoins into everyday banking with high-yield savings, cards and payments
Ethena Pay offers a 6% dollar savings rate and 5% card cashback, using Avalanche for settlement. Source:CoinDesk
Bitfinex Securities lists tokenized notes tied to Strategy, Metaplanet
Five equitybacked notes issued through Luxembourg’s ORO II fund will trade against dollars, USDT and Bitcoin for eligible nonUS investors. Source:Cointelegraph
Inside Robert De Niro’s property portfolio, including a Hamptons estate and his own ski slope
Robert De Niro has spent more than five decades building one of Hollywood’s most celebrated careers—and an incredibly unique mulitmilliondollar property…
Amazon’s stock slips as the FTC alleges billions of dollars in hidden ad fees
Regulators claim Amazon artificially bumped floor prices during peak shopping periods, adding surcharges to merchants’ ad spending. Source:MarketWatch
Mystery surrounds why an OG burned $1M in Bitcoin
The million dollar question is what prompted a Bitcoin OG to send 20 BTC to a custodian, retrieve it back, and then deliberately burn it? Source:Cointelegraph
Live updates: Bitcoin holds $78,000 as yen breaks 160 and rate-hike bets lift the dollar
Bitcoin is holding just under $78,000 as August closes. The dollar strength that pushed the yen past its intervention line is the same force capping crypto.…
Party balloons could become a ‘luxury’ as the Iran war spurs a helium shortage
Dollar Tree says a helium squeeze has hit sales of balloons and party supplies. Researchers note this could foreshadow higher costs for other industries that…
The next trillion-dollar currency may not be a stablecoin — it might not even have a name yet
AI agents are coming. They will need to pay each other. Crypto executives agree on the problem but disagree sharply on the solution, and one thinks the answer…
Trump cost investors $4.7B through crypto ‘schemes’: Public Citizen
While investors in World Liberty Financial‘s USD1 stablecoin “haven’t suffered major losses,” many lost billions of dollars in other Trump ventures, according…
China is collecting on old debts but won’t pay its own
China’s leaders are working to recoup hundreds of billions of dollars worth of unpaid taxes. At the same time, the country is defaulting on a significant…
You don’t have to be rich to start investing. Here’s a simple way to begin.
You don’t need to be fluent in market jargon or have thousands of dollars stashed away to get started. Source:MarketWatch