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Phantom unveils Phantom Cash as first stablecoin on Stripe’s Open Issuance

Phantom has launched Phantom Cash, a new payments solution that transforms its crypto wallet into a comprehensive money app. Users can instantly fund their balances using a bank or card, engage in fee-free buying and selling of crypto on stablecoins, make Visa payments via Apple Pay or Google Pay, and

SEC Weighs Plan to Let Stocks Trade on Blockchain

The U.S. Securities and Exchange Commission (SEC) is reportedly developing a plan to permit blockchain-registered versions of stocks to trade on cryptocurrency exchanges. This initiative would let investors buy and sell stock tokens—digital representations of shares in publicly traded companies—on approved crypto platforms. The agency's

Robinhood Stock Hits All-Time High as Company Ups Ante on Prediction Markets

Robinhood's stock (NASDAQ: HOOD) reached a new high, trading close to $140 a share following reports of the company expanding its prediction markets beyond the U.S. The stock surged by 275% year-to-date, partly due to CEO Vlad Tenev announcing over 4 billion event contracts traded on its

Crypto Miner Bit Digital Upsizes Convertible Note to $135M, Shares Tumble

Bit Digital, a crypto mining company, has increased its convertible note offering from $100 million to $135 million. The decision led to an 8% drop in the company's shares, falling to $2.92 at market open. The company has set the initial conversion price at $4.16 per

Kill the Captcha: They Don't Work, Here's What Does

CAPTCHA tests, once effective at distinguishing humans from bots, have become obsolete due to advancements in artificial intelligence. Bots can now solve CAPTCHA tests - picture-based puzzles - more efficiently than humans, leading to a frustrating user experience as developers create increasingly complex tests that ultimately fail to keep sophisticated

SOL and LTC ETFs Face Delays in Government Shutdown

The impending U.S. government shutdown could delay decisions by the Securities and Exchange Commission (SEC) on several cryptocurrency exchange-traded funds (ETFs), including those for Solana and Litecoin. Asset managers have been actively working with the SEC on their filings, anticipating approvals as early as next week. However, deadlines in

Stripe Unveils Stablecoin Issuance Tool With Phantom's Token

Stripe has launched a stablecoin issuance platform called Open Issuance, which allows firms to create custom stablecoins with minimal coding. The platform is supported by the stablecoin infrastructure provider Bridge. Phantom's CASH token will be the first to be issued via this protocol, along with other tokens such