Circle, Nomura Partner for Instant FX Settlement Business: Report

Rewrite this content into a 1000-word SEO friendly article: Stablecoin issuer Circle and Japan’s largest investment bank Nomura have reportedly partnered to enable instant foreign exchange settlement for Japanese companies as early as 2027. The service would enable companies to convert yen into dollar-denominated stablecoins for cross-border transactions and instant settlement, reducing delays caused by … Read more

Emergency Action as Magic Internet Money (MIM) Depegs 50%

Rewrite this content into a 1000-word SEO friendly article: Decentralized finance platform Abracadabra said Wednesday that it launched emergency measures after its crypto-collateralized stablecoin, Magic Internet Money (MIM), fell 50% below its $1 peg.  “We’re acutely aware of the MIM depeg and are taking emergency actions to remedy the situation,” the team said on Wednesday. … Read more

Kalshi Sues Illinois Officials over Prediction Markets Restrictions

Rewrite this content into a 1000-word SEO friendly article: Prediction markets company Kalshi has filed a lawsuit against state officials in Illinois over legislation it says “expressly bans sports event contracts” on its platform. In a Tuesday filing in the US District Court for the Northern District of Illinois, Kalshi alleged that Illinois Governor JB … Read more

StarkWare Launches Zero-Knowledge KYC Demo on Starknet

Rewrite this content into a 1000-word SEO friendly article: Zero-knowledge scaling company StarkWare has introduced Private KYC on Starknet, enabling users to complete know-your-customer requirements without revealing their full personal information.  The system, announced Tuesday as a demo, uses STRK20 privacy features and zero-knowledge STARK proofs to let users prove specific attributes, such as being … Read more

Crypto isn’t the Problem with the US Economy, Says Senator

Rewrite this content into a 1000-word SEO friendly article: Cody Carbone, CEO of the cryptocurrency advocacy group The Digital Chamber, received a largely muted response to his testimony at a Senate Banking Committee hearing on affordability. In a Tuesday hearing titled The Affordability Agenda, Carbone said that the digital asset industry could help solve affordability … Read more

Binance’s Yi He Warns of Alleged Scammer, CoinUp Denies Ties

Rewrite this content into a 1000-word SEO friendly article: Binance co-founder Yi He has warned against an alleged scammer and impersonator, prompting the crypto derivatives trading platform CoinUp to issue a statement distancing itself from the individual. Binance’s He took to X on Monday to warn against the individual referred to as “Zhu Pan,” whom … Read more

Ethlabs Launches to Scale Ethereum for Institutions

Rewrite this content into a 1000-word SEO friendly article: Former Ethereum Foundation contributors and Ether treasury firms Bitmine and Sharplink have backed a new research and development nonprofit that aims to make Ethereum ready for institutional use. Sharplink said on Monday that the organization, Ethlabs, was formed to “ready Ethereum for the next phase of … Read more