The Ethereum layer-2 is backing Paxos-issued USDG to earn a share of reserve income as new stablecoin alliances compete for distribution, users and reserve economics.
Coindesk
Self-styled ‘Godfather’ gets 6 years in prison for $37 million Meta fraud scheme
Adam Iza’s sentence runs concurrently with a 15-year term imposed last month for his role in an attempted bitcoin robbery.
The VIX of bonds is rising but bitcoin and stocks aren’t hearing it yet
Your day-ahead look for Oct. 6, 2026
Live updates: A drop below $84,000 could put $80,000 in play for bitcoin
FxPro says a slide below $84,000 would hand control to sellers and put $80,000 in play. Minutes from the Fed’s last meeting come out Wednesday.
Smaller altcoins shine as bitcoin stills trades around $85,000
Leading the gains is BTW, the native token of Bitway, a bitcoin-compatible layer-1, which jumped 25% in the past 24 hours and is up 170% over the past 30 days.
U.S.- China AI race heats up as Chinese rivals secure billions ahead of IPOs
DeepSeek and Moonshot attract fresh capital ahead of planned listings, while OpenAI courts major investors.
OKX Money lets users save, earn 10% yield and spend dollar stablecoins in one app
he product converts more than 50 local currencies into stablecoins, offers rewards of up to 10% on eligible USDG balances and includes virtual and physical payment cards.
Why bitcoin is down ‘just’ 32% a year after its record high of $126,000
This shallower decline isn’t limited to the one-year anniversary. The bear market itself has been milder with past downturns seeing prices plummet 77% to 85%.
U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
FinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.
Ethereum’s Glamsterdam test gets last-minute fix before major capacity jump
One of Ethereum’s main validator clients updated its software hours before a Sepolia test that will raise the amount of work each block can hold to 200 million gas.