Category: crypto

Ripple CTO David Schwartz clarified a 2017 post stating XRP could not be “dirt cheap” if handling large transactions. He explained it was about market mechanics, not a price guarantee. Schwartz also denied claims that Ripple has a hidden mechanism to spike XRP’s value, calling such ideas implausible.

Strategy’s CEO, Phong Le, promoted the high-yield STRC stock as a source of income for personal expenses, highlighting its variable dividend of 11.5%. However, the company’s disclosures indicate that dividends are not guaranteed and can be suspended. Le mentioned that most STRC holders are retail investors managing mortgages and bills.

Bitmine staked $508 million worth of Ethereum, totaling over 5 million ETH. This represents about 10.5% of the total staked supply. The company aims to increase its exposure to Ethereum by staking a significant portion of its holdings. Chairman Tom Lee noted the rapid accumulation of ETH and the firm’s strategy of staking and controlling…

SBI Group has partnered with Visa to launch a credit card that allows users to earn crypto assets as rewards, including Bitcoin, Ethereum, and XRP. The card is supported by SBI VC Trade and Aplus, and SBI is also discussing a potential deal with Bitbank to expand its presence in the Japan crypto exchange market.

Ripple CTO David Schwartz refuted claims of XRP reaching $10,000, stating it does not align with normal market behavior. He clarified that old XRP comments were about liquidity needs, not future price promises. Schwartz also dismissed conspiracy theories about hidden government XRP deals and warned against relying on them.

The U.S. Department of Defense has expanded its use of artificial intelligence by signing agreements with major tech firms like Nvidia, Microsoft, Reflection AI, and Amazon Web Services to deploy advanced AI systems on classified military networks. This move comes amid a dispute with Anthropic over AI safeguards, as the Pentagon seeks alternative systems for…

WHITE TECH has received authorization from Croatia’s Financial Services Supervisory Agency, HANFA, to operate as a crypto-asset service provider under MiCA. This approval allows the company to offer regulated crypto services under the EU’s common framework, making it one of Croatia’s early MiCA-approved firms.

MoonPay has launched the MoonAgents Card, a virtual Mastercard that allows AI agents to spend stablecoins directly from onchain wallets at merchants that accept Mastercard. This innovation is part of MoonPay’s broader institutional expansion, which includes acquiring Sodot to support institutional clients with payment, custody, trading, and tokenized assets services.

Tether International reported over $1.04 billion in Q1 2026 operating profit, with total assets of $191.8 billion and $183 billion USDT in circulation. The company’s reserves include $141 billion in U.S. Treasuries, $20 billion in gold, and $7 billion in bitcoin, showing a diversified balance sheet as stablecoin scrutiny increases.

MoonPay has introduced the MoonAgents Card, a Mastercard-enabled debit card that allows AI agents to spend stablecoins directly at the point of sale with on-chain settlement. The card integrates with the Exodus wallet and is initially available in the UK and Latin America. MoonPay aims to simplify crypto payments for AI systems.