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US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’

US bank groups ask to close GENIUS Act’s stablecoin yield ‘loophole’

US banking groups have urged Congress to close a so-called loophole letting stablecoin issuers offer yields through affiliate firms, fearing it undermines the banking system....

Aug 13, 2025
USDC issuer Circle to launch new layer-1 Arc blockchain this year

USDC issuer Circle to launch new layer-1 Arc blockchain this year

USDC issuer Circle introduced its layer-1 blockchain, Arc, and said its Q2 revenue and reserve income increased 53% year-over-year....

Aug 13, 2025
How plushies saved Pudgy Penguins from bankruptcy

How plushies saved Pudgy Penguins from bankruptcy

From a six-month runway in 2022 to a projected $50 million in 2025 revenue, Pudgy Penguins beat the NFT crash with a risky bet on toys....

Aug 13, 2025
Ethereum whales scoop sales by traders in ‘disbelief’ of rally: Santiment

Ethereum whales scoop sales by traders in ‘disbelief’ of rally: Santiment

Despite Ether finally edging up toward its all-time high of $4,878, chatter on social media shows retail traders remain skeptical and in disbelief, according to Santiment....

Aug 13, 2025
World Liberty Financial weighs $1.5B public company to hold WLFI tokens

World Liberty Financial weighs $1.5B public company to hold WLFI tokens

Trump-linked World Liberty Financial is weighing a $1.5 billion Nasdaq-listed treasury company to hold WLFI tokens....

Aug 12, 2025
Ethereum transaction volumes see year-high amid SEC staking drama

Ethereum transaction volumes see year-high amid SEC staking drama

Transactions on the Ethereum network have hit yearly highs as the SEC deliberates on how to classify liquid staking protocols....

Aug 12, 2025