Tag: Bitcoin
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PayPal, MoonPay and M0 Launch PYUSDx to Power App-Specific Stablecoins
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A New Layer for Stablecoin Innovation PayPal has teamed up with MoonPay and M0 to introduce PYUSDx, a new platform designed to help developers create their own US dollar-pegged stablecoins backed by PayPal USD. The companies announced that the product is expected to roll out next month. The initiative signals a shift in how stablecoins…
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UK Gambling Commission Considers Crypto Payments for Online Betting
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Regulator explores path to allow crypto for licensed casinos The United Kingdom’s Gambling Commission is examining whether cryptocurrency could be permitted as a payment method for licensed online gambling operators in Great Britain. The move comes as the country prepares to introduce a broader regulatory framework for crypto assets under the Financial Conduct Authority. Tim…
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Bitcoin ETFs See $507 Million Inflows as BTC Climbs Back Above $68,000
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US spot Bitcoin exchange-traded funds recorded their strongest single-day inflows in over a month on Wednesday, as Bitcoin surged past the $68,000 mark. The renewed momentum signals a possible turnaround after weeks of persistent outflows that rattled investor confidence. According to market data, US-listed spot Bitcoin ETFs attracted $506.5 million in fresh capital, the largest…
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Whale Loses $8.2 Million on Leveraged ARC Bet as Lighter Triggers Auto-Deleveraging
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Massive Long Position Unravels A large crypto trader has lost about $8.2 million after a heavily leveraged long position in the ARC perpetuals market collapsed on decentralized derivatives platform Lighter. The sharp unwind forced the platform to activate its risk controls, including auto-deleveraging, while limiting losses for liquidity providers to roughly $75,000. According to posts…
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Bitcoin ETFs See $258 Million Inflows as Institutions Offload 25,000 BTC in Q4
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US spot Bitcoin exchange traded funds returned to positive territory on Tuesday, attracting $257.7 million in fresh inflows as Bitcoin recovered to the $65,000 mark. The rebound comes after weeks of sustained outflows and continued institutional selling in late 2025. Data from SoSoValue shows Tuesday’s inflows were the strongest daily total since early February. The…
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US Senator Opens Probe Into Binance Over Alleged Iran and Russia Sanctions Violations
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A senior United States senator has launched a congressional inquiry into global cryptocurrency exchange Binance after fresh media reports alleged the platform processed billions of dollars in transactions linked to sanctioned Iranian entities and Russia’s oil trade network. Senator Richard Blumenthal, ranking member of the Senate Permanent Subcommittee on Investigations, has formally requested documents from…
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Spot Bitcoin ETFs See $3.8 Billion Exit in Five Weeks as Investors Turn Cautious
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US spot Bitcoin exchange traded funds have recorded five consecutive weeks of net withdrawals, with investors pulling approximately $3.8 billion from the products during the period. The sustained outflows signal a shift in institutional positioning as broader market uncertainty weighs on risk assets. Data from SoSoValue shows that last week alone accounted for nearly $315.9…
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Tether’s US Treasury Holdings Hit Record Highs as Annual Profits Decline
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Tether, the issuer of the world’s largest stablecoin USDt, has reported record US Treasury holdings in 2025, even as its annual profits fell compared to the previous year. The company’s latest financial report highlights a strategic shift toward safer and more liquid assets amid rising global demand for dollar-backed digital currencies. Profits fall despite strong…
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US Treasury Sanctions Iran-Linked Crypto Exchanges in Historic First
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Washington expands Iran sanctions to digital asset platforms The United States Treasury has taken a landmark step in its Iran sanctions program by targeting cryptocurrency exchanges for the first time. On Friday, the Treasury Department announced sanctions against two UK-registered crypto platforms accused of playing a role in Iran’s financial network, signaling a tougher stance…
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OSL Group Raises $200 Million to Scale Stablecoin and Digital Payments Business
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Fresh capital to fuel global expansion Hong Kong listed digital asset firm OSL Group has raised $200 million in new equity financing, strengthening its push into stablecoins and regulated digital payments. The company said the funding will be used to support acquisitions, international growth and further development of its payment and settlement infrastructure as it…