Crypto investment firm Paradigm has urged the U.S. Federal Deposit Insurance Corporation to remove provisions from its proposed stablecoin framework that could restrict third-party firms from offering rewards tied to stablecoins. Summary Paradigm urged the FDIC not to extend the GENIUS Act’s stablecoin yield ban to third-party firms such as exchanges and wallet providers. The…
Circle, the regulated financial infrastructure company behind USDC, launched cirBTC on Ethereum on June 8, 2026, adding a new 1:1 BTC-backed wrapped Bitcoin token to a market already anchored by WBTC at roughly $8Bn in market capitalization and Coinbase’s cbBTC at approximately $5.9Bn. Each cirBTC token is backed by native Bitcoin held in segregated, regulated…
JPMorgan Chase has prepared a rollout of longer-running AI agents for use later this year. According to Chief Analytics Officer Derek Waldron, the bank expects agents to handle tasks for much longer periods. Summary JPMorgan plans to deploy longer-running AI agents that can handle corporate workflows for one or two hours. Derek Waldron said the…
MetaMask launched Agent Wallet on June 8, 2026, a self-custodial wallet purpose-built for AI agents to autonomously execute trades and DeFi interactions without users ever surrendering their private keys. Roughly 200 users are in an Early Access Program right now, with a broader rollout planned for summer 2026. The catch? AI agents are, by definition,…
Starknet has launched STRK20, a zero-knowledge privacy framework that gives ERC-20 assets shielded balances and private transfers, according to information shared with The Block. Summary STRK20 gives ERC-20 assets shielded balances and private transfers without requiring separate privacy infrastructure stacks. Viewing keys allow targeted disclosure for valid legal requests while protecting other users’ transaction histories….
In SEC crypto news, we’re taking a look at May 19, 2025, when Coinbase became the first crypto-native company ever admitted to the S&P 500, the same index that tracks trillions of dollars in passive investment and sits inside millions of American retirement accounts. COIN stock had already surged roughly 24% on the day of…
The upcoming upgrade will mark the transition of ZEC from the Orchard to the Ironwood pool, allowing users running nodes to audit the total supply. After losing almost 60% of its value, ZEC, the native asset of the privacy network Zcash, is finally recovering. Within the past few days, the coin has rallied above…
BNB price has dropped more than 16% from its recent peak near $720, while a giant megaphone pattern and a failed trendline retest raise the possibility of a deeper correction toward $500. Summary BNB price has fallen more than 16% from its recent high near $720, with a giant daily megaphone pattern placing the $500…
XRP Ripple Ledger 3.2.0 is targeting a June 15 release, bringing two headline changes: the core server software is renamed from rippled to XRPLD, and the upgrade promises 30–40% lower memory usage across network nodes. XRPL Operations announced the update on June 4, describing it as a transition that will require infrastructure operators to update…
Humanity Protocol urged users to avoid bridges and liquidity pools. Humanity Protocol’s native token – H token – dramatically collapsed by nearly 88% on June 9 after falling from around $0.78 to nearly $0.099. The steep decline came after reports emerged of a major security incident involving wallets connected to the protocol. Multi-Million Dollar…
