TL;DR Ripple and Coinbase are reportedly competing to acquire Circle, with supposed offers exceeding $10 billion. The stablecoin issuer is said to favor Coinbase due to their shared history with USDC, but one X user believes Ripple has the better chance of winning the bid. The Contested Duel Earlier this year, Circle – the financial
Circle cofounder Sean Neville’s new venture, Catena Labs, has raised $18 million to build an AI-native bank. On May 20, Circle cofounder Sean Neville announced that his startup Catena Labs has raised $18 million in a seed funding round led by Andreessen Horowitz’s crypto division, as originally reported by Fortune. Other investors include Breyer Capital,
Binance, the world’s largest crypto exchange, has moved to dismiss a $1.76 billion clawback lawsuit filed by the estate of the now-defunct FTX exchange. In court documents filed on Friday (May 16), Binance argues that the claim lacks merit and states that the court has zero jurisdiction over the case. 🚨 BREAKING: Binance moves to
As markets prepare for what may be Bitcoin’s most explosive run yet, potentially reaching $1 million by 2028, early participation in revolutionary networks is critical. Nexchain (NEX) has positioned itself as one of the outstanding presale cryptocurrencies, combining AI-driven throughput, near-zero costs, and community governance to address blockchain’s most pressing concerns. Nexchain’s presale is now
Usual stablecoin issuer just launched its USD0/USDC liquidity pool on Fluid DeFi protocol, allowing liquidity providers to earn dual yields from both lending and trading APRs. On May 19, an RWA-backed stablecoin protocol Usual announced the launch of its USD0/USDC liquidity pool on the DeFi protocol Fluid. The integration allows liquidity providers to earn lending
Key Takeaways SEC is drafting formal rules to regulate crypto markets and restructuring its approach to digital assets. Plans to integrate FinHub’s functions throughout SEC, aiming to foster innovation more broadly. Share this article SEC Chairman Paul Atkins has urged the Commission to allow registered firms to custody and trade securities and non-securities, like Bitcoin
If you’re a UK resident dabbling in crypto, there’s a big tax shake-up coming your way. Starting January 2026, HM Revenue & Customs (HMRC) is tightening the rules on crypto to make sure no gains slip through the cracks. Platforms will be required to collect detailed personal info from users and report it to the
A recent survey by the Nakamoto Project, a nonprofit Bitcoin education and advocacy group, has revealed that four out of five Americans want some US gold reserves converted to BTC. The survey of 3,345 respondents asked: “Assuming the United States was thinking of converting some of their gold reserve into Bitcoin, what percentage would you
Crypto lender Genesis Global Capital has filed two lawsuits against its parent company, Digital Currency Group, and CEO Barry Silbert, seeking to recover over $1 billion in allegedly improper transfers made while Genesis was insolvent. According to a May 20 report by Bloomberg Law, Genesis accuses DCG and insiders of “self-dealing, fraud, and mismanagement,” claiming
Key Takeaways The Senate advanced the GENIUS Act after securing the 60 votes needed to proceed. Bipartisan support for the stablecoin regulation bill previously dissolved due to concerns about conflicts of interest with President Trump. Share this article Senate efforts to advance stablecoin regulation gained momentum today as lawmakers approved a key procedural vote on