CRYPTO
Chinese Woman Convicted in UK for Leading $6.9B Bitcoin Scam
Qian defrauded more than 128,000 victims in China between 2014 and 2017, subsequently storing her spoils in BTC and fleeing to the U.K What to know: The leader of a fraudulent bitcoin operation pleaded guilty in the U.K. Crown Court for her role in the 5.1 billion pound ($6.9 billion) scam. […]
Billionaire Tim Draper Predicts Future Where Retailers Accept Only Bitcoin Payments
Billionaire venture capitalist Tim Draper thinks that one day retailers will only accept bitcoin as a payment. Billionaire venture capitalist Tim Draper, a long-time Bitcoin advocate, believes that one day retailers will only accept bitcoin as a payment. “There will be a moment when all the retailers say ‘I accept […]
Stripe Unveils Stablecoin Issuance Tool With Phantom’s CASH, Expands Into AI Commerce with OpenAI
With Open Issuance and AI payment standards, Stripe is doubling down on its bet on the rising role of blockchain and digital agents in payments. What to know: Payments giant Stripe unveiled a stablecoin issuance platform and AI commerce tools at its New York showcase on Tuesday, marking a push […]
The Utility of Bitcoin: Moving Value Like Information
Being able to transmit value like information, as fast as a text message, has profound implications for society. Bitcoin unlocks that. You’d be forgiven for thinking that technological development was following a predetermined trajectory. In the past few decades, we’ve seen the rise of personal computers, the internet, mobile devices, […]
Kraken Raises $500M in Funding Round Valuing Crypto Exchange at $15B: Fortune
The funding round sets the stage for a long-awaited IPO, expected to take place next year. What to know: Popular cryptocurrency exchange Kraken closed a $500 million funding round, setting the stage for a long-awaited IPO now expected in 2026, Fortune reported. The round did not feature a lead investor and […]
Cloudflare Unveils U.S. Dollar Stablecoin for AI-Powered Internet Economy
The cloud company said the token, dubbed NET Dollar, will enable instant, global transactions for autonomous agents online. What to know: U.S.-listed cloud company Cloudflare (NET) announced plans to intorduve a U.S. dollar stablecoin for what it calls the “agentic web,” where autonomous AI agents perform tasks like booking flights […]
Crypto Millionaires Surge 40%, Led by Bitcoin’s Rise, as Market Hits $3.3 Trillion
The number of individuals with $1M+ in crypto wealth has jumped to 241,700 over a year, a new report shows. What to know: The global population of crypto millionaires has reached 241,700, up 40% in the past year, according to the Crypto Wealth Report 2025 by Henley & Partners. The surge coincides […]
Softbank, Cathie Wood’s Ark Among Potential Investors in Tether Fundraising: Report
The USDT stablecoin issuer is reportedly looking to raise up to $20 billion at a valuation of $500 billion, which would make it one of the most valuable private companies in the world. What to know: Tech-focused investment companies SoftBank and Ark Invest are among the firms in early stage […]
Fold Taps Stripe and Visa in Launch of First Bitcoin-Only Credit Card
Fold is teaming up with Stripe and Visa in their launch of a Bitcoin-only credit card, offering up to 3.5% Bitcoin rewards on everyday purchases. Fold, a Bitcoin-first financial services company, announced today that it is tapping Stripe and Visa to power its forthcoming Fold Bitcoin Credit Card™, a product designed to make Bitcoin […]
Morgan Stanley to Enable Bitcoin Trading for E*Trade Clients in First Half of 2026
Morgan Stanley is planning to add spot Bitcoin and crypto trading to its E*Trade platform in 2026, giving retail investors direct access through their brokerage accounts. Morgan Stanley is preparing to roll out crypto trading for retail clients on its E*Trade platform, marking a significant leap by a Wall Street […]
