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cUSD stabledrop u-turn sparks $23M withdrawals, backlash

Cap Labs slashed its “stabledrop” from $12 million to $4.2 million, redirecting funds to Pendle yield token holders.The decision triggered $23 million in withdrawals...

US banking groups push Senate to tighten stablecoin yield rules in CLARITY Act

The American Bankers Association and 77 other banking groups sent a joint letter urging Senate leaders to amend stablecoin yield provisions in the CLARITY...

Grok AI Uploads Full Git Repos, Not Just Code Files

xAI's Grok Build CLI was uploading entire Git repositories with full commit history to a Google Cloud Storage bucket, not just files needed for...

BRICS expands to 10 members, challenges US dollar dominance by 2050

The BRICS bloc, now expanded to 10 members, is positioning itself as a counterweight to Western financial dominance.Chief Economist Simon French warns the West...

Cathie Wood Boosts Nuclear Stakes: Buys OKLO, XE Shares

Cathie Wood's ARK Investment Management bought 100,854 shares of Oklo Inc. (OKLO) and 545,453 shares of X-energy Inc. (XE) across multiple ETFs.Truist analyst Christopher...

White House crypto pointman Patrick Witt takes leave for JAG training

White House crypto adviser Patrick Witt will take a leave of absence at the end of July for military training with the Georgia Army...

Oracle Shares Tumble 6.5% as Iran Conflict Sparks Market Sell-Off

Oracle shares fell 6.5% on Monday amid a market-wide sell-off triggered by the escalation of the war in Iran.The stock has declined 47% since...

FLEOA endorses CLARITY Act ahead of Senate recess

The CLARITY Act secured a second endorsement from a major law enforcement group, the Federal Law Enforcement Officers Association (FLEOA), weeks before the Senate's...

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Augustus raises $180M for Global Dollar Bank at $1B valuation

Augustus raised $180 million in Series B funding at a $1 billion valuation, led by Tiger Global.The OCC granted...

Tesla Cybercabs to Use Starlink for Navigation, Not Safety

Tesla's Cybercab will integrate SpaceX's Starlink for navigation, customer service, and fleet management, not for safety-critical functions.The company's robotaxi...

ORO loses $630K crypto to North Korean hacker via fake Teams

AI shopping agent developer ORO lost $630,000 in crypto after a staff member installed a malicious Microsoft Teams extension.The...

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