Crypto

A new study from Ramp found companies making the biggest investments in AI are expanding their workforces, with heavy adopters increasing headcount by about 10% and entry-level hiring by 12%, challenging fears that generative AI is already causing widespread job losses.

The project, supported by Visa, Mastercard and many crypto companies, could be in a position to challenge Tether’s USDT and Circle’s USDC, currently the two largest stablecoins by market capitalization. More than 140 companies have signed onto a US dollar-pegged stablecoin project that allows them to “receive all of the earnings” from its reserves. In a Tuesday notice, Open Standard said it was launching the Open USD (OUSD) stablecoin, a US dollar-pegged coin supported by financial companies including Visa and Mastercard, as well as crypto companies Coinbase, Ripple, OKX and Bybit. The project will allow businesses to mint OUSD “at no cost and with no artificial limits on volume,” and keep earnings from the coin’s reserves. “When Visa, Stripe, Mastercard, Coinbase and Google coordinate on a new stablecoin, the signal is unmistakable,” said Rhino.fi co-founder and CEO Will Harborne. “Open USD is the first launch with a real chance to win share from USDT and USDC, because reserve revenue flows back to everyone ...

DeFiLlama data shows $780.3 million in Q2 known losses as bridges, keys and protocol logic turn security into a live cost of participation. The post DeFi hacks are turning high yields into a hidden liquidity tax appeared first on CryptoSlate.

The partnership extends distribution of Nasdaq's TotalView market data to blockchain applications and other software platforms through Pyth's marketplace. Nasdaq has selected Pyth, an onchain financial data network, to distribute its proprietary market data to blockchain applications and other software platforms. The partnership initially covers Nasdaq TotalView, the exchange’s depth-of-book data feed, which includes every displayed buy and sell order across all price levels as well as order imbalance data around the opening and closing auctions. The feed is widely used by professional traders because it provides a more complete view of market liquidity than standard market quotes by displaying the full order book. According to Pyth, the marketplace gives software applications access to first-party market data through a single integration. The company said the service is intended for blockchain applications, digital asset exchanges, prediction markets, trading systems and other software platforms. Read more

The Stripe- and Coinbase-backed stablecoin consortium can challenge Circle's business model, but analysts say building a network is harder than assembling big-name partners.

Google Gemini AI just attached a number to Sandisk that treats one of the wildest charts and price prediction of the entire AI boom as still having real room left to run. The model predicts $2,650 by the end of 2026, a fresh high for a stock that has already turned heads across Wall Street this year. The post Google Gemini AI Predicts Jaw-Dropping Sandisk Stock Price by End of 2026 appeared first on Cryptonews.

Bitcoin faced downside pressure as the US dollar hit its highest levels against the Japanese yen since 1986, while BTC price analysis revealed "capitulation" by 2025 top-buyers. Bitcoin (BTC) fell toward $58,000 around Tuesday’s Wall Street open as the clock ticked down to a brutal quarterly close. Key points: Read more

Managers of exchange-traded funds, including those in the crypto sector, may see some changes at the Securities and Exchange Commission as it weighs its approach.

Bitcoin miners have the power sites AI companies need, but turning old mining campuses into real data center revenue is no easy pivot. By the end of 2025, the power capacity tied to artificial intelligence data centers worldwide had reached about 29.6 gigawatts (GW), enough to run all of New York state at peak demand, according to Stanford University’s annual report on the AI industry.  The report, released in April, suggests that compute itself is abundant and getting cheaper. Permitted, grid-connected, ready-to-draw electricity is in high demand, but the sources to power it are much harder to come by. One industry has spent the past decade quietly building exactly that infrastructure for a different reason: Bitcoin mining. Read more

The forthcoming Open USD has more than 100 major supporters onboard, including Coinbase—a key backer of Circle’s USDC.

SpaceX, OpenAI, and Anthropic accounted for more than 95% of all tokenized pre-IPO perpetual trading volume in May.

The crypto industry, big tech and gambling interest groups are betting big on politicians in the 2026 primaries and elections, with almost $300 million shelled out so far. The US consumer advocacy group Public Citizen on Tuesday reported that the cryptocurrency industry had contributed $189 million toward the 2026 election cycle, following its 2024 playbook. According to a report released Tuesday, the nonprofit organization said that about 37% of all corporate contributions in the 2026 US election cycle could be traced to crypto companies, totaling about $189 million so far, with more than four months until the November election. While the watchdog group said that the crypto-aligned political action committee (PAC) Fairshake was responsible for spending more than $82 million so far, the MAGA Inc. Super PAC, largely backed by Crypto.com, had spent more than $56 million. Read more

Large channels still look big by audience size, but recent view velocity shows a thinner and more selective market. The post Crypto YouTube views collapse in 2026 as viewers turn off crypto channels appeared first on CryptoSlate.

The majority of businesses surveyed are likely to use stablecoins within the next 12 months, while regulatory clarity remained the biggest barrier to wider adoption. Business use of stablecoins is poised to surge in the next 12 months as adoption of the digital currency goes mainstream, according to a new report from payments infrastructure firm Cybrid. The report found 42% of businesses surveyed are already using stablecoins for cross-border payments and 88% of respondents said they are likely or very likely to use stablecoins within the next 12 months. Still, only 2% identified as committed users of traditional payment rails. Businesses using stablecoins reported average cross-border payment cost savings of 35%, with companies processing more than $100 million in monthly payment volume reporting average savings of up to 47%, according to the survey. Read more

The businessman known as Miles Guo, who pushed the fraudulent H-Coin project and had close ties to Steve Bannon, was finally sentenced after his 2024 conviction.

Ethereum treasury firm Sharplink purchased around $16 million worth of ETH last week, marking its first crypto buy since last year.

Prosecutors asked a Rotterdam court to wind up the unlicensed exchange, which has locked some 30,000 customers out of their crypto.

The FCA's new regime will force exchanges, custodians and stablecoin firms to decide whether UK access is worth a full FSMA authorisation process, even if they already hold AML registration. The post FCA finalizes UK crypto rules as firms face 2027 access deadline appeared first on CryptoSlate.

XRP reclaims $1.00 support with price at $1.04–$1.06 and +1.92% 24h gains. Analyst targets range from $2.80 to $5.13 for 2026. Full technical breakdown inside. The post XRP Price Prediction: XRP Regains Momentum After Reclaiming Key Support appeared first on Cryptonews.

Investors are being urged to verify whether their crypto provider appears on the official MiCA register before using its services.