Category: crypto
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Robo.ai turns smart cars into economic actors with built-in digital wallet
Robo.ai and Changer.ae unveiled Roboy339, a smart car prototype with a regulated digital wallet linked to its VIN. This innovative project aims to enable autonomous payments for tolls, charging, maintenance, and leasing. With $300 million in funding, the goal is to expand this model to other vehicles and create a machine-driven digital economy.
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PayPal’s PYUSD stablecoin supply doubles to $2.5b in a month
PayPal’s PYUSD stablecoin has experienced a 113% increase in supply, reaching an all-time high of $2.54 billion. Despite this growth, giants like USDT and USDC still dominate the stablecoin market. PYUSD has also seen a significant increase in holders and daily transfer volume, making it a notable player in the market.
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Ethereum Foundation to sell 1000 ETH to fund R&D and grants
The Ethereum Foundation plans to sell 1,000 ETH to support research, grants, and donations. They will convert the ETH into stablecoins via CoWSwap. This follows a similar move in September when they sold 10,000 ETH. The foundation aims to minimize the impact on market prices by selling in small chunks.
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TOKEN2049 strips U.S.-sanctioned A7A5 stablecoin from sponsor list
TOKEN2049 removed the A7A5 stablecoin from its sponsor list and speaker roster following inquiries by Reuters. The stablecoin, tied to a Kremlin ally and sanctioned by the US and UK, has handled $70.8 billion in transactions and raised concerns about sanctions evasion and global adoption. A7A5 executive defended the project as a legitimate payments tool.
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CME Group to offer 24/7 cryptocurrency trading in 2026
CME Group is launching 24/7 trading for Bitcoin and Ether futures and options in early 2026 to cater to increasing institutional demand for constant risk management. This move follows record crypto volumes at CME, with $39 billion notional open interest in September and a 230% surge in daily contract volumes year-on-year.
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Cronos partners Crypto.com, Morpho to boost DeFi ecosystem
Cronos, Crypto.com, and Morpho are partnering to enhance decentralized finance and asset tokenization on the Cronos blockchain. The collaboration aims to expand DeFi lending, tokenization, and the use of wrapped assets like Crypto.com wrapped Bitcoin and Ethereum. This integration will provide advanced DeFi lending opportunities to millions of users globally.
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ECB selects external partners for digital euro services
The European Central Bank has selected external providers to help with the rollout of the digital euro. Companies like Feedzai and Capgemini Deutschland have been chosen to provide services for the potential launch. The official launch date is still uncertain, with progress dependent on the adoption of the Digital Euro Regulation.
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Buterin joins Xiao Feng on Ethereum Applications Guild
The Ethereum Applications Guild, co-founded by Vitalik Buterin and Xiao Feng, aims to drive Ethereum into its application phase. It builds on Shanhaiwoo’s experiment, focusing on structured collaboration across the ecosystem. The initiative seeks to accelerate the deployment of native Ethereum projects and shift the network into an application-driven era.
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Fitell adds 216m PUMP tokens in accelerated Solana pivot
Fitell invested $1.5 million in 216.8 million PUMP tokens, following a $100 million facility for Solana assets. The company transitioned from selling fitness equipment to focusing on crypto. Fitell aims to become a major Solana holder and plans to offer DeFi services. It is rebranding as “Solana Australia Corporation.”
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Ether.fi price hits 8-month high amid 25% spike
Ether.fi price surged by 25% in 24 hours, reaching an eight-month high of $1.79. This increase was driven by broader crypto gains, with Bitcoin and Ethereum also rallying. The token now aims to break above $2.00, with recent integrations and listings contributing to its momentum and growth in the decentralized finance space.