Did Mark Zuckerberg Just Pick Solana? Meta Backs New Blockchains for USDC
Meta just handed Solana a corporate endorsement worth billions in narrative value. The social media giant has quietly rolled out USDC stablecoin payouts for creators...
Tag : backs
Twenty One Capital jumps as Tether backs Strike merger plan
Twenty One Capital shares rose after hours after Tether backed a proposed merger with Strike and Elektron Energy. Summary Twenty One Capital shares gained after...
Ripple Prime to plug into Bullish Bitcoin options as OKX backs RLUSD
Ripple Prime will route clients into Bullish’s regulated BTC options while Ripple and OKX push RLUSD into compliant markets, extending Ripple’s $1.25b prime‑broker bet. Summary...
CFTC Backs Prediction Markets in Yet Another Lawsuit Against a State
In brief The CFTC sued Wisconsin after the state moved against prediction market platforms. Wisconsin targeted Polymarket, Kalshi, Coinbase, Robinhood, and Crypto.com on Friday. The...
Crypto lobby backs formal removal of ‘reputation risk’ from bank examinations
US crypto lobby group Blockchain Association has thrown its support behind the US Federal Reserve’s proposal to codify the removal of “reputation risk” from its...
Ethereum Price Prediction: Hayes Bearish, But Data Backs ETH to Outlast BTC
Institutional prediction around Ethereum price is quietly building even as Arthur Hayes fires bearish salvos at its long-term market position. Bitcoin, meanwhile, drops under $78,000,...
Trump DOJ Backs Elon Musk's xAI in Fight Over Colorado AI Bias Law
In brief The DOJ moved to intervene in xAI’s lawsuit challenging Colorado’s AI discrimination law. The department argues the law violates the Constitution by requiring...
Robin Markets raises $475,000 as VC backs Polymarket yield infrastructure
Robin Markets raised $475k to launch a staking product that turns Polymarket positions into yield, a targeted crypto VC bet in a funding cycle otherwise...
Bank of Korea governor backs CBDCs, deposit tokens in first address
The newly appointed Governor of the Bank of Korea, Shin Hyun-song, has voiced support for central bank digital currencies (CBDCs) and tokenized deposits in his...
French finance minister backs euro-pegged stablecoins to compete with US
Roland Lescure, France’s finance minister, backed an initiative by European banks to launch a euro-pegged stablecoin in 2026 to compete with US dollar-backed tokens, which...