WASHINGTON, D.C. — Securities and Exchange Commission (SEC) Chairman Paul Atkins said his agency is launching “Project Crypto” with an aim to make a quick start on the new crypto policies urged by President Donald Trump. Atkins announced the new initiative in
Tether International Ltd., the holding company behind the largest stablecoin, USDT, posted second-quarter net profit of $4.9 billion. The company held over $162.5 billion in reserves against $157.1 billion in liabilities, the USDT tokens issued, according to the latest attestation by accounting
Bitcoin development firm Blockstream has unveiled “Simplicity,” a programming language for smart contracts built on the layer-2 network Liquid. Co-founded by cryptographer and early Bitcoin contributor Dr. Adam Back, Blockstream has introduced Simplicity with the aim of solving the limitations of Bitcoin
Helium, one of the most well-known DePIN projects on Solana, is launching a new service called Helium Plus, aimed at transforming how businesses contribute to the Helium Network. Helium Plus will enable public Wi-Fi providers and businesses to join the network using
Yesterday, July 30th, was the 10-year anniversary of Ethereum’s launch. In today’s Crypto for Advisors newsletter, Alec Beckman from Psalion writes about Ether’s growing role as a treasury reserve asset and highlights growing trends. Then, Eric Tomaszewski from Verde Capital Management answers
Robinhood’s (HOOD) strong second-quarter earnings Wednesday evening have prompted Wall Street to raise its expectations for the stock, but the modest boosts suggest the group believes much upside has been priced in. Shares are trading slightly higher Thursday morning at $106.50. Citi,
Global payments provider Visa (V) is expanding its stablecoin settlement platform to new blockchains and stablecoins, the company announced on Thursday. The firm will now support two dollar-pegged tokens, PayPal USD (PYUSD) and Global Dollar (USDG), through a partnership with Paxos. It
Stablecoins, the dollar-pegged tokens that now rival the volumes of Visa and Mastercard for international payments, are about to get faster. While their traditional finance rivals can process upwards of 65,000 transactions a second (TPS), the web of decentralized blockchains in existence
Ether (ETH) hovered near $3,800 on Thursday as increasingly bullish price targets circulated on crypto social media, including one analyst who outlined a case for $16,000 based on long-term technical setups and sustained institutional inflows. “Edward”, a popular chart analyst on X,
Clearpool, a decentralized credit marketplace, unveiled a suite of products to finance payments, targeting fintech firms processing cross-border transfers and card transactions. The products include stablecoin credit pools for payment finance (PayFi) and cpUSD, a permissionless token that generates yield from short-term