Tagged: us

August 30, 2026 @ 11:02 am By Omar Faridi  |  

US based and international banks are quietly redrawing their digital money strategies as competition from privately issued stablecoins intensifies in 2026. According to The Wall Street Journal, JPMorgan Chase (NYSE:JPM) has held early internal conversations about whether it should issue its own stablecoin. At the… Read More

August 30, 2026 @ 2:52 am By Omar Faridi  |  

Ripple has expanded its institutional prime brokerage offering with the debut of a new Delta One desk inside Ripple Prime, giving professional investors another way to gain equity-linked exposure through total return swaps. The announcement, dated August 27, 2026 from San Francisco, positions the service… Read More

August 27, 2026 @ 8:32 am By Omar Faridi  |  

Connecticut officials have taken prediction-market operator Kalshi to state court, asking a judge to halt what they describe as unlicensed sports betting offered through the company’s event contracts. Attorney General William Tong, Consumer Protection Commissioner Bryan T. Cafferelli, and Governor Ned Lamont announced the action… Read More

August 25, 2026 @ 3:46 pm By Omar Faridi  |  

A San Francisco-based entrepreneur with roots in the gaming industry has been found guilty of orchestrating a scheme that defrauded investors in a cryptocurrency trading fund of nearly $1 million. On August 24, 2026, a federal jury in the Northern District of California convicted Japheth… Read More

August 25, 2026 @ 7:14 am By Omar Faridi  |  

The Blockchain Association, an industry advocacy group for digital assets, has voiced strong support for key elements of proposed federal rules implementing customer identification requirements for permitted payment stablecoin issuers under the GENIUS Act. In a comment letter submitted on August 21, 2026, the organization… Read More

August 24, 2026 @ 8:37 pm By Omar Faridi  |  

In mid-August 2026, a senior executive at Chime Financial, Inc. (NASDAQ: CHYM) completed a sizable share sale that was driven by tax requirements rather than any discretionary decision about the company’s outlook. Mark T. Troughton, who serves as president and interim chief financial officer, disposed… Read More

August 24, 2026 @ 1:52 am By Omar Faridi  |  

The native token of the so-called decentralized trading platform Hyperliquid, known as HYPE, has reached a fresh all-time high, surpassing $77 in recent sessions. This milestone caps a strong year in which the asset has advanced almost 200% from the start of 2026. The gains… Read More

August 18, 2026 @ 10:44 am By Omar Faridi  |  

Chinese manufacturers of humanoid robots have solidified a commanding position in the global market, with shipments in the first half of 2026 underscoring the scale of their lead over American competitors. Industry data indicates that firms based in China accounted for more than 97 percent… Read More

August 17, 2026 @ 9:14 am By Omar Faridi  |  

American Express (NYSE: AXP) has introduced enhanced features for its virtual card offerings, aimed at making payment processes more straightforward for commercial clients across the United States. These updates focus on integrating virtual cards into tools that businesses already rely on for managing expenses and… Read More

August 17, 2026 @ 7:06 am By Omar Faridi  |  

On August 14, 2026, the Office of the Comptroller of the Currency (OCC) issued preliminary conditional approval for a national trust bank charter application submitted by World Liberty Trust Company, National Association. The entity is linked to World Liberty Financial, a cryptocurrency platform in which… Read More

August 15, 2026 @ 6:40 pm By Omar Faridi  |  

Arizona residents who fell prey to cryptocurrency ATM scams have begun reclaiming their funds thanks to a state consumer protection measure. Attorney General Kris Mayes recently revealed that her office has assisted 35 individuals in securing complete reimbursements amounting to $171,332. These recoveries stem from… Read More

August 15, 2026 @ 2:42 pm By Omar Faridi  |  

Kalshi, one of the largest US prediction markets platforms, has reportedly removed its sports-related “mention markets” following the launch of a review by the Commodity Futures Trading Commission (CFTC) into this category of contracts. The agency is examining whether these markets are particularly vulnerable to… Read More

August 14, 2026 @ 8:24 am By Omar Faridi  |  

Global payments platform Airwallex has partnered with BNPL Fintech Affirm (NASDAQ: AFRM) to introduce the latter’s flexible installment payment options to eligible U.S. shoppers through its checkout system. The collaboration, announced on August 13, 2026, enables merchants operating on Airwallex in 35 countries to offer… Read More

August 14, 2026 @ 8:11 am By Omar Faridi  |  

Shares of Gemini Space Station (NASDAQ: GEMI), the platform founded by Cameron and Tyler Winklevoss, slipped over 7% following the release of results for the quarter ended June 30, 2026. The digital assets focused company, which now also offers stocks trading, posted a net loss… Read More

August 13, 2026 @ 8:39 pm By Omar Faridi  |  

The Blockchain Association has stepped forward to support Custodia Bank in its bid for US Supreme Court review of a long-running dispute with the Federal Reserve over access to a master account. In an amicus brief filed this week, the crypto industry group urges the… Read More

August 12, 2026 @ 3:16 pm By Omar Faridi  |  

The Commodity Futures Trading Commission (CFTC) has invoked emergency powers to maintain orderly operations in regard to prediction markets. The action followed a formal alert from KalshiEX, LLC regarding an emerging market disruption. The move stems from a lawsuit initiated by New York Attorney General… Read More

August 9, 2026 @ 12:10 am By Omar Faridi  |  

Bitcoin, the flagship digital currency, temporarily pushed past the $65,000 mark in early August 2026 following the release of weaker-than-anticipated U.S. employment figures. The move reflected shifting investor sentiment around Federal Reserve policy as markets digested evidence of cooling labor demand. On August 7, 2026,… Read More

August 6, 2026 @ 1:13 am By Omar Faridi  |  

Tribal gaming regulators and members of Congress are pressing for specific language in the pending CLARITY Act to prevent prediction markets from offering sports and casino-style contracts outside existing state and tribal oversight. The call came during a Senate Committee on Indian Affairs roundtable held… Read More

August 5, 2026 @ 9:06 am By Omar Faridi  |  

Wells Fargo (NYSE: WFC) is preparing to introduce tokenized deposits for its corporate and commercial customers later this year, marking another major bank’s move into blockchain technology for payments and settlements. The initiative aims to modernize how businesses handle funds while remaining firmly within the… Read More

August 3, 2026 @ 4:27 am By Omar Faridi  |  

Authorities from the United States and a coalition of partner nations have issued a coordinated warning about the persistent dangers posed by skilled information technology specialists linked to North Korea. These individuals form an extensive network operating both inside the country and abroad, employing deceptive… Read More