Crypto
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Meta quietly rolls out stablecoin payments four years after demise of controversial Libra project
Meta has reentered the stablecoin market. Four years after pulling the plug on an earlier attempt, the tech giant has quietly rolled out the digital currency payouts for select creators in Colombia and the Philippines, according to an update to the tech giant’s website. The payouts are available on the Solana and Polygon blockchain networks
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Robinhood CEO says a ‘tokenization supercycle’ is underway
Crypto prices remain mired in a prolonged slump, but Robinhood CEO Vlad Tenev says the company remains bullish on the broader sector. During a first quarter earnings call on Tuesday, Tenev said he wants to get away from a strategy based around the price of Bitcoin, and focus instead on the finance industry’s rapid adoption
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Ten years after Ethereum’s DAO disaster, it’s time to try again
It’s been a decade since I frantically pounded out a warning letter known as The DAO Moratorium. So urgent was the missive that we pushed the document live before it was complete, allowing anyone who was interested to read along in real time. Even as I and two colleagues typed out the finishing touches, hundreds
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Exchange startup Liquid raises $18 million Series A for leveraged trading on stocks, crypto, commodities, prediction markets, and private secondaries
Some of crypto’s most lucrative businesses have always been its exchanges, but crypto-based exchanges are coming to be less reliant on crypto trading. Liquid, which launched as a hub for crypto-based derivatives in 2025, closed an $18 million Series A round on the premise of being a 24/7 leveraged trading hub for retail traders of
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Bitcoin drives back toward $80k—but one billionaire may be fueling much of the rally
Bitcoin’s price has climbed roughly 15% over the past month, and crossed above $79,000 over the weekend. The oldest cryptocurrency is now sitting at around $77,000, which is the highest the token has traded since an early February sell-off, but it’s unclear how durable this latest rally will prove to be. Markets more broadly have
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Trump’s team is hosting another memecoin conference. The price to attend has dropped dramatically
The team behind Donald Trump’s memecoin, in what is becoming a common ritual, is holding a soirée for the coin’s top holders. Even though the novelty of these gatherings may have worn off, the second Trump coin conference may appeal to those looking for a bargain. Tickets to the conference and luncheon, scheduled for Saturday,
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Investors are valuing Polymarket at a discount to archrival Kalshi—and its crypto ties could be one reason why
The prediction market space is one of the fastest-growing in finance. Two years ago, Polymarket reportedly raised funds at a $350 million valuation. Today, the platform is in talks to raise funds at a valuation of $15 billion, The Information reported. But the windfall may be made a little less sweet by the success of
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Stripe and Paradigm-backed blockchain Tempo launches advisory unit to promote stablecoin adoption
Tempo, the new blockchain backed by payments company Stripe and VC firm Paradigm, has launched a “stablecoin advisory” to help businesses and financial institutions adopt stablecoins. The advisory operation pledges Tempo support in identifying relevant use cases and offers “forward-deployed” engineers who can work within clients to successfully integrate stablecoins. Tempo has been closely watched
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Tether extends $127.5 million in funding to crypto platform Drift as critics blast rival Circle for failing to freeze hacked funds
Tether has used its hundreds of billions in assets to become many things, including social media investors, data center lenders, and one of the largest holders of U.S. T-bills. But this week, Tether became something else: A crypto startup’s lender of last resort. The stablecoin giant put up $127.5 million in funding—some in loans, some
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Exclusive: Senator presses DOJ and Treasury over status of Binance monitors after $1.7 billion in Iran-linked crypto flows
Congress continues to probe Iran’s use of Binance. Sen. Richard Blumenthal (D-Conn.) sent out letters on Friday asking for details on the status of two monitors assigned to oversee the world’s largest crypto exchange and its compliance operations. “I am writing with concern over mounting allegations of dangerously lax anti-money laundering prevention by Binance,” said