Category: crypto

During the Super Bowl, Logan Paul appeared to bet $1 million on the New England Patriots through Polymarket, a crypto prediction market. However, it was revealed that the bet was not possible as Paul’s account had no funds. The incident sparked criticism of crypto betting and raised concerns about the legality and ethics of prediction…

Robinhood reported fourth-quarter 2025 earnings of $1.28 billion, a 27% increase from the previous year, but below the forecast of $1.33 billion. The shortfall was due to a 38% drop in crypto-related revenue to $221 million. Despite this, the company’s total revenue for 2025 was $4.5 billion, up 52% from 2024.

U.S. credit card balances reached $1.28 trillion by the end of the fourth quarter, increasing by $44 billion over three months. This reflects a growing reliance on credit cards as household finances continue to be under pressure. Balances are up 5.5% year-over-year, marking the highest level of credit card debt on record for American consumers.

Tether has made a strategic investment in LayerZero Labs to enhance blockchain interoperability. This partnership supports cross-chain transfers, payments, custody tools, and AI-driven finance systems. LayerZero’s technology enables assets to move smoothly across different blockchains without centralized middlemen. Tether aims to integrate LayerZero’s infrastructure into its Wallet Development Kit for real-world financial applications.

Stripe has introduced a new payment system for artificial intelligence agents to automatically pay for digital services using cryptocurrency. The system, called x402 payments, allows AI agents to make micropayments for APIs, data, and compute services on the Base network. This shows a growing convergence between AI, fintech, and blockchain infrastructure.

Uniswap won a patent infringement lawsuit against Bancor-related entities in a U.S. federal court regarding the constant product market maker formula used in decentralized trading. The ruling supports open-source development and limits patent claims over core DeFi tools, sending a message that basic DeFi tools cannot easily be restricted by patents.

Former FTX chief Sam Bankman-Fried has filed a pro se motion for a new trial in his federal fraud case, alleging that key witness testimony was missing from his trial. Bankman-Fried is currently serving a 25-year sentence related to the collapse of the cryptocurrency exchange FTX. The motion was submitted by his mother.

White House meeting on stablecoin yield and rewards did not result in a deal, but was seen as more productive than previous talks. Banks presented “prohibition principles” with limited flexibility on stablecoin rewards. Talks focused on permissible activities for crypto firms. Deadline for an agreement set for March 1.

Former SafeMoon CEO Braden Karony has been sentenced to 100 months in prison for stealing millions from customers for personal gain. Along with forfeiting $7.5 million and properties, he must pay restitution for damages caused. Karony and his associates orchestrated a major fraud, defrauding over a million investors with the SafeMoon token.

Robinhood has launched a public testnet for its Ethereum layer-2 network, Robinhood Chain, built using Arbitrum’s technology stack. The mainnet launch is scheduled for later this year, with plans for the Robinhood Wallet. The network aims to provide a seamless customer experience and is following competitors like Coinbase and Kraken.