U.S. stocks opened higher in a modest risk-on move, led by AI‑linked storage names like Micron and Western Digital, even as PayPal dropped about 10% on weak profit guidance. U.S. equities opened in the green, with the Dow up 0.45%, the S&P 500 up 0.57%, and the Nasdaq up 0.76%, reflecting a modest risk-on tone
Meta’s quiet rollout last week of $USDC creator payouts in Colombia and the Philippines, four years after the company sold its failed Diem stablecoin (formerly Libra) assets to Silvergate Bank for $182 million, has revived the old question of whether Big Tech is finally coming for retail finance. The answer in 2026 is yes, but
Animoca Brands, the Hong Kong-based digital asset investment firm co-founded by Yat Siu, said it’s boosting funding for early-stage ventures using its Minds platform, a system designed to support persistent AI agents. The $10mn funding initiative will focus on projects across sectors such as gaming, finance and productivity, with funding awarded on a rolling basis,
Miami Beach, FL — A growing group of Wall Street and crypto executives say the financial system is heading toward a breaking point, as markets shift from human-paced processes to machine-driven activity that runs around the clock. “We’re moving to a world where transactions happen at a speed no human can track,” Sandy Kaul, head
A new CAD stablecoin has officially entered the Canadian financial system following regulatory approval in Alberta. Tetra Trust Company unveiled CADD, a one-to-one Canadian dollar-backed token delivered under a governed financial system. CADD is now live on Base, Ethereum, and Tempo network systems, with plans aiming to extend to Solana. CAD stablecoin brings regulated settlement
Coinbase said Tuesday it had chosen Centrifuge as its preferred tokenization infrastructure and made a strategic investment in the firm. Under the deal, Centrifuge is positioned to serve as the default issuance layer for tokenized assets across Coinbase’s ecosystem, including products on Base. The first wave of institutional assets is expected to launch on Base
Cipher Digital secures a $200M revolving credit facility to fund its pivot from Bitcoin mining to long-duration, AI and HPC data center revenues anchored by multi-campus leases. New credit facility underpins data center growth Cipher Digital said in its first-quarter 2026 business update that it has “secured a revolving credit facility of up to $200
CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 2154.22, up 1.3% (+26.68) since yesterday’s close. All 20 assets are trading higher. Leaders: ICP (+5.2%) and LINK (+4.0%). Laggards: LTC (+0.7%) and BNB (+0.7%). The CoinDesk 20 is