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PayPal expands stablecoin push as crypto assets factor into Q2 results

PayPal highlighted growth of stablecoins and AI-driven payment tools in Q2 while reporting $8.68 billion in revenue and an $81 million crypto-related earnings adjustment.

1Inch moves to unite DeFi liquidity across 11 chains with Aqua

Decentralized exchange aggregator 1Inch announced the launch of its Aqua protocol allowing users to provide liquidity to many protocols at once.

IMF warns Brazil’s stablecoin activity outpaces traditional capital flows

The IMF said Brazil’s stablecoin market has expanded rapidly since 2017, with cross-border crypto flows growing faster than traditional capital flows.

Lido upgrade aims to slash Ethereum’s validator count by one-third

Lido launched Curated Module v2, an upgrade that could reduce Ethereum’s validator count by one-third by consolidating validators and introducing new operator rules.

Ondo shifts from layer-1 blockchain plan to offchain execution network

The new system marks an apparent departure from the institution-focused layer-1 blockchain Ondo announced in 2025.

Apple faces lawsuit over alleged $1.8M Bitcoin wallet app losses

Three users allege a fake Sparrow Wallet app on Apple’s App Store drained their Bitcoin holdings, with losses totaling more than $1.8 million.

Binance co-founder CZ backs crypto license passporting across ASEAN

Binance co-founder CZ backed crypto license passporting across ASEAN to simplify approvals, reduce compliance costs and encourage competition.

US judge temporarily blocks Minnesota prediction market ban

The preliminary injunction allows Kalshi and Polymarket US to continue operating in Minnesota while the court considers their challenge to the state law.

Zimbabwe admits seven fintech projects to regulatory sandbox

Sandbox participation permits supervised testing but does not guarantee full commercial registration.

Hong Kong prepares banks for quantum threats amid tokenization push

The HKMA aims to make Hong Kong’s banking sector fully prepared for quantum-related security risks by 2030 as the city expands tokenized finance.

Binance phishes its own staff monthly, India censors BitChat code: Asia Express

Binance has been phishing its own staff to get ahead of potential attacks. South Korean crypto volumes tank 89% — plus all of the week’s other crypto news from Asia.

New York AG warns CLARITY Act could weaken state crypto enforcement

New York Attorney General Letitia James said the federal crypto market structure bill could restrict state regulators and urged Congress to impose stronger consumer protections on digital asset platforms.

Cross River to enable P2P payments, banking services for X Money

The banking-as-a-service provider will power X Money’s peer-to-peer payments, FDIC-insured accounts and Visa debit cards as the platform expands its financial services.

Bitmine keeps buying Ether as ETH outperforms Bitcoin

The company added nearly 10,000 ETH over the past week, bringing its holdings to 5.79 million Ether, about 85% of which is staked through its validator operations.

Securitize Capital becomes SEC-registered investment adviser

The registration expands Securitize’s regulated platform for tokenized assets, adding investment advisory services to its institutional offering.

Tether’s XAUt gold token receives Shariah certification to expand Islamic finance access

The certification could expand access to Tether’s gold-backed token among Islamic financial institutions and investors seeking Shariah-compliant exposure to physical gold.

Kraken parent Payward acquires Magic Labs’ wallet business

The deal brings wallet technology to Payward’s enterprise platform, potentially reducing the number of infrastructure providers businesses need to integrate with.

Bitcoin price eyes $66K as US stocks rise on Iran-strike pause

Bitcoin copied US stocks as relief over end of US-Iran strikes spread to risk assets at the start of the US trading session.

Hong Kong crypto giant HashKey merges regional exchange into one

Hong Kong’s HashKey will unify its crypto exchange branches, with users from its Hong Kong, Global, Singapore and Middle East regions using the same platform.

Rate path still divides investors: Five things to know in Bitcoin this week

Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state.

Rate path still divides investors: Five things to know in Bitcoin this week

Bitcoin traders prepared to navigate a slew of volatility catalysts as US inflation data and US-Iran war triggers keep risk-assets in an unpredictable state.

Binance disappears from Google Play in certain EU countries

Binance’s Android app is unavailable on Google Play in some EU markets amid scrutiny over MiCA compliance.

USDC issuer Circle to acquire nearly 1,000 IBM blockchain patents

IBM’s blockchain portfolio includes more than 680 patent families and nearly 1,000 issued patents worldwide, with a particular focus in supply chain applications.

Strategy sells MSTR shares, buys back $25M in STRC preferred stock

Strategy raised $544.5 million through MSTR stock sales as it repurchased $25 million of STRC shares and expanded its US dollar reserve to $3.75 billion.

BNY Mellon unit joins MiCA register as ESMA adds 15 providers

BNY Mellon’s European subsidiary joined the MiCA register as ESMA added 15 CASPs, including banks and crypto platforms, in the third post-deadline update.

Brazilian police bust cocaine traffickers in crypto-linked transnational probe

Brazilian police suspect the group of shipping around 6.5 metric tons of cocaine and laundering billions in Brazilian reals through crypto-enabled illicit money brokers.

Coinbase CEO touts agentic finance as Base tops 100M AI payments

Coinbase CEO Brian Armstrong says AI agents will expand crypto adoption, pointing to Base, USDC and x402 as key pieces of agentic finance.

Triple-A confirms treasury-wallet breach after losses reach $11.8M

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

Triple-A confirms treasury-wallet breach after losses reach $11.8M

The stablecoin payments company said client funds were unaffected and that the financial impact would be absorbed through its treasury reserves.

BitMart withdrawals appear to slow following wind-down announcement

Users reported withdrawal delays and freeze notices as wallets attributed to BitMart fell to about $69 million and its BMX token extended an 81.5% weekly decline.

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