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 ba...
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....
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....
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 ...