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Tether Co-Founder Reeve Collins: ‘Stablecoin 2.0’ Is Here and It’s a Threat to Banking Systems
Yahoo Finance· 2025-10-16 14:47
Reeve Collins Warns Stablecoin 2.0 Could Disrupt Global Banking Systems. | Credit: Jakub Porzycki/NurPhoto via Getty Images Key Takeaways Allegations have emerged of a lobbying effort to pardon Sam Bankman-Fried. The allegations came just one day before a new interview with Bankman-Fried was released. Despite speculation, there is no official sign that the Trump administration is considering a pardon. Stablecoins are entering what Tether co-founder Reeve Collins calls their “2.0 era,” a new genera ...
Citizens Sees SharpLink as a Breakout Ether Treasury Play With More Than 200% Upside
Yahoo Finance· 2025-10-16 14:24
Core Viewpoint - Citizens has initiated coverage of SharpLink Gaming (SBET) with a market outperform rating and a $50 price target, indicating potential upside of over 200% from its current trading price of approximately $15.45 [1] Group 1: Company Strategy and Positioning - SharpLink has emerged as a significant ether (ETH) treasury operator, actively managing its ETH assets through staking and yield-bearing strategies to enhance value over time [2] - The company aims to actively manage its ETH balance sheet, issuing equity at a premium to net asset value (NAV) or repurchasing shares when trading below NAV, while leveraging its ETH reserves for on-chain yield opportunities [3] - SharpLink's strategy is designed to position it as a market leader as ether evolves into a global financial asset, combining operational leverage on-chain with financial discipline off-chain [5] Group 2: Leadership and Valuation - Citizens assigned a premium valuation to SharpLink, highlighting the leadership of Joseph Lubin, co-founder of Ethereum, and Joseph Chalom, a former BlackRock executive, as key to scaling the treasury model [4] - The company's recent direct stock offering raised $76.5 million, priced above market, reflecting investor confidence in its growth strategy [5]
Bank of England Promises ‘Temporary’ Stablecoin Caps – But Sets No End Date
Yahoo Finance· 2025-10-16 14:18
The Bank of England will impose “temporary” limits on stablecoin holdings to protect credit availability, but has not specified when the caps will be lifted, Deputy Governor Sarah Breeden confirmed on Tuesday. The central bank plans limits of £10,000-£20,000 for individuals and £10 million for businesses on systemic stablecoins used for payments. Breeden stated, “we would expect to remove the limits once we see that the transition no longer threatens the provision of finance to the real economy.” Howeve ...
“We’re 10 Years Behind”, SEC Chair Vows to Fast-Track U.S. Crypto Progress
Yahoo Finance· 2025-10-16 14:09
SEC Chair Paul Atkins has acknowledged that the U.S. is ’10 Years Behind’ in crypto regulation and pledges to fast-track crypto progress. According to him, “The crypto aspect is our job one,” marking it as a priority for the regulatory body. During the DC Fintech Week event at Amazon HQ on Wednesday, Atkins stated that the SEC intends to build a robust framework to bring back industry participants who may have left the country, enabling innovation to flourish. Atkins Vows to Fast-Track U.S. Crypto Progr ...
Stablecoins Surge to Record $314B Market Cap as Institutional Race Heats Up: Canaccord
Yahoo Finance· 2025-10-16 13:46
The stablecoin market has continued its rapid ascent, with overall capitalization hitting an all-time high above $314 billion as growth in Tether’s USDT and Circle's (CRCL) USDC led the way, according to broker Canaccord Genuity. With the GENIUS Act in effect, compliant stablecoins such as USDC are now treated on par with cash by the U.S. government, a move Canaccord believes is fueling both momentum and confidence in the sector. This regulatory clarity strengthens the medium-term case for stablecoins to ...
币圈又出大洋相
财联社· 2025-10-16 13:31
以下文章来源于科创日报 ,作者史正丞 科创日报 . 科创圈都在关注的主流媒体,上海报业集团主管主办,《科创板日报》出品。 一笔凭空出现、又在短时间内消失的300万亿美元稳定币,又一次展现加密产业的荒蛮暗面。 据以太坊区块链观察工具Etherscan的记录显示, 北京时间周四凌晨3时许,知名交易平台PayPal的加密产业合作伙伴Paxos在以太坊区块 链上铸造了300万亿个PayPal稳定币PYUSD ,纸面价值对应300万亿美元。 (来源:Etherscan) 这起错误交易的金额也令其他"乌龙指"事件相形见绌。要知道 美国国债规模只有37万亿美元 ,全球所有国家的GDP之和,也不到300万亿 美元的一半。CoinMarketCap数据显示,作为全球第六大稳定币,PYUSD的市值规模只有26亿美元。 Paxos随后发布公告称, 这起事件是公司在进行内部转账时错误铸造了超额的PYUSD 。事发后,公司在第一时间发现错误,并销毁了超额 部分。Paxos强调,此次事件属于内部技术故障,不存在安全漏洞,客户资金也安全无虞。 该事件短暂地扰乱了去中心化金融市场,PYUSD价格短暂脱锚1美元基准,后续随着超发稳定币被销毁迅 ...
X @Coinbase 🛡️
Coinbase 🛡️· 2025-10-16 13:04
DEX trading is live for all U.S. users (ex. NY).https://t.co/heH9SV1k37Coinbase 🛡️ (@coinbase):Check your phone - the wait is over.Explore millions of assets, moments after they launch, right from the Coinbase app.DEX trading is live for all U.S. users (ex. NY).Coming soon: more assets, more networks, more countries. https://t.co/XryNvDXkdL ...
Morning Minute: Public Companies Amass $100B+ in Bitcoin
Yahoo Finance· 2025-10-16 12:46
Morning Minute is a daily newsletter written by Tyler Warner. The analysis and opinions expressed are his own and do not necessarily reflect those of Decrypt. Subscribe to the Morning Minute on Substack. GM! Today’s top news: Crypto majors red again as Trump confirms trade war; Bitcoin at $111,200 Paxos accidentally mints $300T PYUSD onchain before burning Erebor Bank becomes 1st crypto bank to win conditional federal banking charter MegaETH opens public ICO registration; Meteora drops airdrop che ...
House of Doge, with Merger Partner Brag House Holdings, Inc. (NASDAQ: TBH) Appoints Matt Swann as Chief Digital Officer
Globenewswire· 2025-10-16 12:30
Former CTO and CIO of Booking.com & Citi to Drive Global Expansion Across Payments, Tokenization, and Fan Ownership NEW YORK and MIAMI, Oct. 16, 2025 (GLOBE NEWSWIRE) -- House of Doge Inc. (the “Company”), the official corporate arm of the Dogecoin Foundation, together with merger partner Brag House Holdings, Inc. (NASDAQ: TBH), today announced the appointment of Matt Swann as Chief Digital Officer (CDO). Following the Company’s completion of the pending merger with Brag House, Mr. Swann is expected to play ...
ZOOZ Purchases 88 More Bitcoin, Growing Its Total Bitcoin Treasury to 942 Bitcoin
Globenewswire· 2025-10-16 12:30
TEL AVIV, Israel, Oct. 16, 2025 (GLOBE NEWSWIRE) -- ZOOZ Power Ltd. (Nasdaq and TASE: ZOOZ) today announced that it has completed an additional purchase of 88.888 Bitcoin at an average price of $112,500 per Bitcoin, for a total consideration of $10 million. Following this acquisition, the Company’s total Bitcoin treasury now amounts to approximately 942 Bitcoin. This step marks another milestone in strengthening ZOOZ’s position as one of the first companies globally to execute a long-term institutional Bitc ...