JPMorgan Chase & Co. has reportedly frozen bank accounts associated with two venture-backed stablecoin startups after identifying exposure to sanctioned high-risk jurisdictions. The Information reports that the accounts belong to BlindPay and Kontigo, two Y Combinator-backed stablecoin startups that operate primarily across Latin America. Both companies accessed JPMorgan’s banking services through Checkbook, a digital payments…
Cryptocurrency markets have rebounded slightly following last week’s decline as investor activity subsided during the holidays. Bitcoin (BTC) fell to a weekly low of $86,561 on Tuesday, but rebounded above $88,600 on Friday, according to TradingView data. Demand for Spot Bitcoin exchange-traded funds (ETFs) remains weak, with $175 million in outflows on Wednesday, the fifth…
Canton Coin has gained about 27% over the past week, outperforming the broader crypto market as traders reacted to new signals of institutional adoption, according to data from Cointelegraph. This gain follows a Dec. 17 announcement in which the Depository Trust & Clearing Corporation (DTCC) outlined plans to tokenize a portion of the U.S. Treasury…
Ether (ETH) has failed to sustain above $3,400 for the past 40 days, raising concerns among traders that the bears will continue to dominate for an extended period of time. Important points: The $6 billion Ether option expires on December 26th, with the number of call (buy) bets outnumbering the number of put (sell) products…
After settling its first physical gold trade, crypto-focused market maker DWF Labs has expanded into physical products, an unusual move for a crypto-native company as precious metal prices continue to hit record highs. Managing partner Andrei Grachev said on Monday that DWF Labs had “just finalized its first gold transaction,” which he described as a…
Northern Data, a data center operator backed by Tether, has reportedly sold its Bitcoin mining business, Peak Mining, to three companies run by Tether executives. Northern Data was sold for up to $200 million to Highland Group Mining, Appalachian Energy and an Alberta-based company run by Tether co-founder and chairman Giancarlo Devasini and Tether CEO…
João Freitas is Director and Vice President of Engineering for AI and Automation. pager duty As the use of AI continues to evolve in large organizations, leaders are increasingly looking for the next development to generate significant ROI. The latest wave of this ongoing trend is the introduction of AI agents. However, as with any…
The crypto industry has rallied behind pro-crypto U.S. Sen. Cynthia Lummis after she announced that she would not seek re-election in 2026. A vocal advocate for digital assets, Lummis has played a key role in US crypto policy discussions over the past few years and is widely respected across the crypto industry. “Without her fight…
Tony Stoyanoff is CTO; Elise AI In the 2010s, technology companies pursued staff-level specialists such as back-end engineers, data scientists, and systems architects. This model worked when technology evolved slowly. Specialists know their craft and can quickly build a career on predictable foundations like cloud infrastructure and modern JS frameworks. Then AI became mainstream. The…
The rise of AI-powered no-code tools that allow users to create applications through language prompts rather than computer code, decentralized by blockchain technology, will challenge Amazon Web Services’ (AWS) dominance in the cloud computing market. Romesh Dutta, vice president of growth at Dfinity Foundation, a nonprofit organization guiding the development of the Internet Computer Protocol…
