Headlines

Bank of America, Wells Fargo, Santander and Other Banks Evaluating Plans To Issue Their Own Stablecoins: Report

Major banks are shifting from opposing stablecoins to advancing their own versions as competition grows in the payments market. The change comes after years of resistance, reports The Wall Street Journal. Banks large and small have started to warm up to the idea of their own stablecoins, despite early doubts from some executives that there…

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Meta Settles Teen Addiction Case for Up to $18B

Meta has agreed to pay billions and restrict how teenagers use Facebook and Instagram, settling claims that the platforms were designed to encourage addictive use. The settlement could be worth approximately $18 billion and ends a federal trial brought by a bipartisan coalition of US attorneys general. The agreements cover 47 states, Washington, D.C., Puerto…

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Polish Olympic Chief Detained in Crypto Fraud Probe

Key Takeaways Polish Olympic Committee President Radosław Piesiewicz was detained in a fraud probe. The collapse of Zondacrypto has exposed client losses and ties to high-profile political financing. Polish prosecutors plan to press criminal charges while evaluating broader political connections. Olympic Leader Facing Fraud Probe Radosław Piesiewicz, the president of the Polish Olympic Committee (PKOl),…

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DeFi Development buys 19,000 SOL, treasury hits 2.33M

DeFi Development Corp. resumed Solana purchases on Aug. 27, acquiring approximately 19,000 SOL at an average price of $98.14.  Summary DeFi Development acquired approximately 19,000 SOL at an average price of $98.14 per token Thursday. The purchase expanded DFDV’s treasury to approximately 2.33 million SOL and equivalent holdings combined overall. ZeroStack divestment proceeds partially funded…

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