Crypto

Stablecoin card spending crosses $10.9B

Cumulative stablecoin card spending has surpassed $10.9 billion, according to Paymentscan data cited by payment provider RedotPay on Aug. 25.…

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Kalshi ruling puts CFTC prediction rules at risk

A federal appeals court ruled on Aug. 28 that Kalshi had not shown Nevada’s regulation of its sports-event contracts was…

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Ripple hires LME treasury chief for tokenization push

Ripple has hired London Metal Exchange treasury executive Joseph Thompson for its trading and markets team, according to an Aug.…

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Real Trump Coins denies GOLD token launch

Real Trump Coins denied launching or authorizing the Solana-based Trump Digital GOLD token on Aug. 29 after promotional posts appeared…

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why the biggest bank wants in now

The Wall Street Journal reports that JPMorgan Chase is exploring a public stablecoin separate from its existing JPM Coin deposit…

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Bitcoin hits $80K, Warsh turns hawkish, Solana ETF tops $1B

In this week’s edition of the weekly recap, Bitcoin returned to $80,000 after its strongest rally in more than three…

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NFT sales fall 44.7% to $63.3M as Ethereum leads

NFT sales volume fell 44.70% to $63.33 million over the past seven days, even as the number of buyer and…

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SEC proposes $75M crypto token sale rule that the market has outgrown

Eight years after the ICO boom, the regulator is offering a path that the market already abandoned. The capital it…

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