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The Next Bridge.xyz? BlindPay’s CEO Wants to Revolutionize Global Payments

With payment firm Stripe’s recent $1.1 billion acquisition of stablecoin platform Bridge.xyz sending shockwaves through the crypto payments sphere, attention is turning to the next generation of stablecoin payment infrastructure providers. Among them is BlindPay, a 2024 Consensus hackathon winner and Y Combinator 2025 (W25) batch company that’s taking a distinct approach to the challenge […]

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Circle Unveils Paymaster to Allow USDC to Be Used for Transaction Fees

Circle, the issuer of the $48 billion USDC stablecoin, introduced Paymaster, a product allowing users to pay for transaction fees on Arbitrum and Base using the second-biggest stablecoin instead of ether (ETH), the second-biggest cryptocurrency. Blockchain transactions require users to pay transaction fees that are used to compensate validators for processing and securing these transactions.

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CoinDesk 20 Performance Update: SOL Falls 8.8% as Nearly All Assets Trade Lower

CoinDesk Indices presents its daily market update, highlighting the performance of leaders and laggards in the CoinDesk 20 Index. The CoinDesk 20 is currently trading at 3809.52, down 4.3% (-172.06) since 4 p.m. ET on Wednesday. One of 20 assets are trading higher. Leaders: ETC (+2.1%) and ETH (-1.4%). Laggards: SOL (-8.8%) and AVAX (-5.7%).

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Here Are Two Reasons Why XRP Price May Slide: Godbole

Payments-focused cryptocurrency XRP’s short-term outlook appears grim as traditional financial giants do not seem interested in looking beyond BTC and ETH, while price action indicates signs of rally fatigue. On Wednesday, the Chicago Mercantile Exchange (CME) denied its plans to list futures tied to XRP and Solana’s SOL token. This swift denial likely indicates that

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Restaking Protocol Puffer Finance Reveals Upcoming Airdrop Details

Liquid restaking protocol Puffer Finance has announced details of its airdrop campaign, which will see users accrue the newly-launched CARROT token that can be converted to PUFFER at the conclusion of season 2 later this year. Users will accumulate CARROT through activities like staking, governance voting and liquidity provision. The protocol currently has $264 million

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Crypto Exchange Phemex Investigating Hack Reports as $29M Drained From Hot Wallets

Singapore-based cryptocurrency exchange Phemex has said that it is “looking into” reports of a hack after one of its hot wallets was drained for $29 million worth of crypto tokens. Crypto security firm Cyvers reported “multiple suspicious transactions” from the Phemex hot wallet across multiple blockchains. The funds were swapped for ether (ETH). “As we

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Bitcoin’s Outlook Is Bullish With Prices Expected to Remain Elevated: Deutsche Bank

The outlook for bitcoin (BTC), the world’s largest cryptocurrency, is positive, and its price is expected to remain elevated in 2025, German lender Deutsche Bank (DB) said in a report Wednesday. A more favorable regulatory and political backdrop in the U.S., growing institutional adoption, and looser Federal Reserve monetary policy, are all expected to support

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Crypto Daybook Americas: Retail Demand Provides Firm Underpinning to Weaker Markets

By Omkar Godbole (All times ET unless indicated otherwise) Bitcoin and most major cryptocurrencies are weaker after Chicago Mercantile Exchange, a proxy for institutional activity, denied reports of listing futures tied to XRP and SOL. Traditional markets are also holding their breath for the expected Bank of Japan interest-rate increase on Friday. Despite BTC’s continued

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Ethereum Layer-2 Protocols Achieve Record Transaction Throughput

Ethereum layer-2 protocols are processing transactions faster than ever, with Coinbase’s BASE at the forefront of this progress. According to data from growthepie.xyz, the cumulative transaction throughput for layer 2s has skyrocketed to 29.64 million gas units per second (Mgas/s), the highest pace ever recorded. BASE leads the way, accounting for 67% of the total.

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