Category: Web3
Blockchains, DeFi, stablecoins, DAOs and the decentralized internet.
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Washington has labelled Russia’s A7 payment network a criminal organisation, ruble token and all
Treasury says $179 billion moved through A7’s stablecoin, which shows both the scale of the network and the limits of sanctioning a token.
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The biggest listed XRP treasury starts trading next week, built on more than $1 billion that is mostly not cash
Evernorth’s shareholders have cleared its Nasdaq debut, leaving the stock to answer the question every treasury company faces.
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The Ethereum Foundation built a way to pay for AI without the provider knowing who you are
zkAPI hides the payer from the AI company, but not the prompts, which can give the payer away anyway.
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Circle wants Europe to stop making stablecoin issuers park so much cash in banks
The European Central Bank agrees with the USDC issuer on reserves, which makes this round of the MiCA review harder to wave away as…
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Illinois will hold off its 0.2 percent crypto tax for six months, but has not given up on it
The delay buys the industry until July, while the fight over whether the state can tax crypto this way at all carries on.
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Lloyds settled $750,000 with Visa in USDC, weekends included, in under an hour
The pilot shows a stablecoin can move bank money while banks are shut, but $750,000 over a week is a rounding error for either…
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MetaMask is pulling about 523,000 ETH out of Lido over a breach it has not explained
Roughly $1,000 in fees went astray, and the response is a retreat from around $1.4 billion of staked ether.
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Britain’s crypto firms have five months to apply for a licence their old registration will not cover
The FCA has opened its doors, and every firm already on its register has to start again from scratch.
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The CFTC wants to rule that prediction markets are not gambling, and skip the public comment
Two rules now at the White House could undercut every state lawsuit against the platforms, if they survive the lawsuits they invite.
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Robinhood will sell Americans perpetual futures at up to 10x, and says they are the first true ones
The product is one offshore exchanges have sold for years; the new part is putting it in the same app as an AI that…