Global banks commit $270M to stablecoin venture targeting 2027 launch
Project Faro, backed by Goldman Sachs, Citigroup and BBVA, has secured $270 million in funding to launch a US dollar stablecoin in the first half of 2027. A consortium of 21…
Introducing recurring deposits: your account automatically funds itself
TL;DR Recurring ACH deposits let US customers (excluding customers in Maine and New York) set a fixed amount to move from a linked bank account into their account balance daily,…
HIVE, MARA mine more Bitcoin but earn less as crypto prices fall
Both miners reported higher Bitcoin production but lower mining revenue and rising electricity costs as they expanded their AI infrastructure businesses.
Vitalik ‘pivots’ ETH to store of value, crypto suffers after US midterms: Hodler’s Digest
Vitalik Buterin wants Ethereum to embrace a store of value narrative, upsetting Bitcoin maxis. The crypto industry faces an uncertain future following the US elections. Ethereum…
EIP-8037/EIP-8038 Glamsterdam
Glamsterdam, the next update for Ethereum, is currently being tested on testnets. During these tests Chainsecurity has found a few projects that would be vulnerable after…
Core Scientific to quit Bitcoin mining by year-end as AI business surges
The former Bitcoin mining heavyweight plans to become a pure-play data center provider in 2027, with mining now accounting for just 7.5% of quarterly revenue.
KOR is available for trading!
We’re thrilled to announce that KOR is available for trading on Kraken! Funding and trading KOR trading is live as of Nov. 4, 2026. To add an asset to your Kraken account,…
American Bitcoin’s $126M profit masks mining pressure as rivals turn to AI
The Eric Trump-backed miner reported $126 million in quarterly net income, largely driven by gains on its Bitcoin holdings, despite rising mining costs and shrinking margins.…
Asian crypto exchanges batten down the hatches as hacks surge: Asia Express
Asian crypto exchanges are scrambling to tighten security on fears of a wave of potentially AI-assisted hacks, even as regional governments embrace tokenization and stablecoins.…
India warns AI-powered hackers targeting crypto exchanges at ‘machine speed’
India’s cybersecurity agency says a threat actor is escalating an AI-assisted hacking campaign targeting crypto exchanges and other financial firms.