Sam Bourgi

Despite softer trading conditions, Coinbase touted record market share and expanding businesses beyond spot crypto, including derivatives, prediction markets and payments.

Tether’s latest attestation showed assets exceeded liabilities by $4.11 billion while USDT supply climbed to $184.6 billion despite a shrinking stablecoin market.

BlackRock unveiled two tokenized money market funds designed for stablecoin reserves, expanding its presence in the blockchain-based Treasury market.

FalconX reportedly laid off 10% of its workforce, plans to withdraw its Singapore license application and refocus its business amid the crypto downturn.

Tyler Williams, Treasury Secretary Scott Bessent’s top crypto adviser, has left the department as Congress remains deadlocked over the CLARITY Act.

Bitdeer announced a 16-year AI data center lease backed by $1.3 billion in letters of credit, strengthening its diversification beyond Bitcoin mining.

BNY will integrate Galaxy’s staking infrastructure into its digital asset custody platform, allowing eligible institutional clients to stake assets without leaving custody.

Western Union debuts Stablecard, enabling remittance recipients to receive, store and spend USDPT across 37 markets through Visa’s global payments network.

Marex has made an undisclosed investment in Digital Prime Technologies to support its Tokenet lending platform, adding to Wall Street’s growing push into digital asset infrastructure.

Blocksbridge Consulting said AI hosting contracts continue to grow in size and value, but investors are focusing more on profitability, financing and execution than headline announcements.