Category: crypto

Visa outlined a wide stablecoin strategy in its third-quarter earnings call, including OpenUSD, tokenized bank deposits, blockchain settlement, and AI-powered commerce. The company reported $11.63 billion in quarterly revenue, with plans for multi-coin and multi-chain support. Visa’s stablecoin settlement pilot supports nine blockchains with a $7 billion run rate.

Zcash has upgraded to Ironwood, replacing the vulnerable Orchard shielded pool with a formally verified alternative to prevent counterfeiting. The new shielded pool is now active, with funds being migrated from Orchard to Ironwood. The upgrade also includes new supply safeguards and stronger security guarantees for shielded transactions.

Galaxy Digital acquired 500 acres in McGregor, Texas for its second data center campus. The initial 74 MW phase is expected to receive power in 2028. The company plans for growth and expansion, with potential for a multi-hundred-megawatt campus. Galaxy aims to advance its data center business beyond its current facility.

Emirates launched Crypto.com Pay for eligible UAE residents to pay for flight bookings online in dirhams. Customers can use the payment option on both mobile and desktop devices. The partnership between Emirates and Crypto.com was completed after signing a memorandum of understanding in July 2025. The payment option is only available for bookings priced and…

Jump Capital has closed a $350 million venture fund with a stronger focus on early stage crypto investments. The firm has expanded its crypto portfolio through investments in blockchain infrastructure, DeFi, Web3, fintech, and enterprise software startups. Jump Capital has completed over 100 investments and nearly 30 exits since its launch.

Gate US has joined BitGo’s Go Network Off-Exchange Settlement service, allowing institutional clients to trade while their assets remain in custody at BitGo Bank & Trust. This partnership extends a broader collaboration between the two companies to provide institutional custody, wallet management, and risk-control technology. The integration allows clients to trade without pre-funding the exchange,…

Russian authorities have placed Telegram founder Pavel Durov on an international wanted list for allegedly facilitating terrorist activity. Durov is also facing criminal charges in France related to Telegram’s content moderation practices. The case has escalated into an international warrant, adding to Durov’s legal battles and raising concerns about digital privacy.

The UK Financial Conduct Authority found that stablecoins are most useful for cross-border payments, especially in markets with limited access to U.S. dollars. While consumer adoption for retail payments in the UK is slow, merchants could benefit from lower costs and faster settlement. The findings will shape future stablecoin policy.

Uzbekistan has established the Beshkala Mining Valley in Karakalpakstan as a regulated crypto mining zone to attract licensed mining companies. Companies can use grid power, renewable energy, and hydrogen, receive tax exemptions until 2035, and must keep revenue from crypto sales in Uzbek banks. The initiative also supports regional development and allows excess heat from…

Judge Analisa Torres denied Kalshi’s request for an emergency injunction pending appeal in a lawsuit against Williams. The court found that Kalshi did not demonstrate strong appellate prospects, irreparable harm, or public interest support. The court also did not defer to the CFTC’s proposed interpretation of federal law. The underlying lawsuit remains unresolved.