Digital payments leader PayPal has submitted applications to Utah regulators and the FDIC to create PayPal Bank, an industrial loan company that would let it offer FDIC‑insured savings accounts and expand its in‑house small‑business lending, reducing reliance on partner banks and deepening its role in the U.S. financial system. Source: Bloomberg
The UK has passed a landmark law that formally treats cryptocurrencies and stablecoins as personal property. By extending traditional property rights to digital assets, the new act strengthens legal protection for investors and makes it easier to prove ownership or recover stolen funds. This move is a major step in positioning the UK as a…
The New York Stock Exchange has unveiled a striking Satoshi Nakamoto sculpture by artist Valentina Picozzi, installed with support from Twenty One Capital as part of a global series of 21 statues that celebrate Bitcoin’s impact and highlight the convergence of traditional finance with the digital asset economy. Read More
Through a new strategic alliance, Sei Network will embed its crypto wallet and discovery app on upcoming Xiaomi smartphones, enabling users to access Web3 payments, dApps and stablecoin features out of the box and significantly lowering the barrier to crypto adoption across Xiaomi’s worldwide customer base. Read More
The expansion will see Ondo Global Markets, already a leading venue for tokenized equities on Ethereum, deploy its tokenized stock and ETF rails on Solana, giving traders 24/7 access to on‑chain versions of major U.S. securities while leveraging the network’s throughput and low fees to build a next‑generation internet capital market. Read More
Brian Armstrong says Coinbase has “zero tolerance for bad behavior” after Hyderabad Police arrested a former Coinbase customer‑service contractor accused of leaking sensitive user data to hackers. The arrest is tied to a May 2025 incident in which cybercriminals bribed overseas support agents for customer information, then demanded a $20 million ransom—a breach Coinbase estimates…
A fresh SpaceX tender offer reportedly doubling the rocket company’s valuation to about 800 billion dollars has boosted Elon Musk’s estimated fortune to roughly 677 billion dollars, making him the first person Forbes has ever recorded with a net worth above 600 billion and cementing his status as the world’s richest individual by a wide…
