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Tag: News

Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

Circle Secures OCC Approval for National Trust Bank, Bolstering USDC Infrastructure

Circle (NYSE: CRCL) received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to charter First National Digital Currency Bank, N.A., operating as Circle National Trust. The national trust bank will initially provide fiduciary digital asset custody for Circle and affiliates, with plans to expand to select institutional clients like banks and regulated entities. Approval strengthens the...

Cryptocurrencies, Front page, News

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Robinhood Chain Flips Hyperliquid in Daily DEX Volume Amid Explosive Memecoin Frenzy

Explosive Volume Milestones: Robinhood Chain recorded over $375 million in 24-hour decentralized exchange volume, briefly outperforming Hyperliquid L1 and securing a top-five network position. Speculative Token Frenzy: Despite its real-world asset branding, the network’s initial traction is dominated by memecoins, led by Cash Cat at a $165 million market capitalization. Rapid Capital Deployment: Total value locked on the Arbitrum-based Layer...

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US Spot Bitcoin ETFs Experience Mixed Flow Signal Following Brief Inflow Streak

Brief Reprieve Ends: A three-day streak of net inflows into U.S. spot Bitcoin ETFs concluded with a fresh round of daily outflows, highlighting ongoing institutional hesitation. Extended Capital Flight: The market is navigating a challenging mid-2026 stretch, with cumulative net outflows surpassing $8 billion over recent weeks amid shifting macroeconomic and geopolitical indicators. Divergent Fund Dynamics: Major institutional vehicles like...

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BNB Chain Unveils Standalone Layer 1 Blockchain Tailored for AI Agentic Trading

Standalone AI Infrastructure: BNB Chain is developing a high-speed, parallel Layer 1 blockchain optimized specifically for autonomous trading agents.Sub-50ms Latency: The network targets a processing throughput exceeding 100,000 transactions per second with transaction pre-confirmations under 50 milliseconds.MEV Mitigation: By eliminating the public mempool and routing traffic directly to block leaders via TxStream, the network intends to...

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Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years

Coinbase Chief Legal Officer Paul Grewal Steps Down After Six Years

Paul Grewal will step down as Coinbase Chief Legal Officer effective July 31, 2026, after nearly six years. Grewal will transition to an advisory role through October and remain on the board of Coinbase National Trust Company. Molly Abraham, VP of legal, promoted to General Counsel; Ryan VanGrack named vice chair and head of corporate affairs. Grewal played a central role in Coinbase’s SEC lawsuit defense and Washington...

Exchanges, Front page, News

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