Crypto Casino Yeet.com Raises $7.75 Million Led by Dragonfly

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Yeet.com, a new crypto casino and sportsbook, secured $7.75 million in funding from Dragonfly and angel investors like Pudgy Penguins CEO Luca Netz. Founded by crypto personalities, the platform aims to cater to crypto natives with a strong connection to the crypto culture.

LATEST NEWS

Hyundai Implements Avalanche Stablecoin-Based Remittance System

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Hyundai, the world's third-largest carmaker, has implemented a stablecoin-based remittance system on the Avalanche blockchain for cross-border transactions between its U.S. and Mexico entities. This move signifies a shift towards utilizing stablecoins for international transfers to reduce costs and time associated with traditional banking methods.


Stablecoin Giant Circle Secures Final Federal Bank Charter Nod

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Circle has received final approval from the U.S. Office of the Comptroller of the Currency to establish a national trust bank, shifting its operations to a national framework. This approval is seen as a key regulatory milestone for the stablecoin issuer, expected to enhance customer asset safeguarding and reserve management.


Standard Chartered Says Strategy's Bitcoin Sales Are a Short-Term Distraction for BTC Investors

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Standard Chartered's note highlights Strategy's shift from hoarding to selling Bitcoin to pay dividends, causing uncertainty in Bitcoin's short-term outlook. Despite the sales, the bank maintains its end-2026 forecast of $100,000, emphasizing the need for clear communication to reassure markets.


'Internet Court' Protocol Resolves Disputes Between AI Agents for Seamless Transactions

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The "Internet Court," established by a group of crypto and Web3 firms, aims to resolve disputes between AI agents in agentic commerce. This protocol, backed by 27 firms and led by the Genlayer Foundation, provides interoperable solutions for AI-based payments, escrow, and dispute resolution in machine-speed transactions.


Robinhood Chain Sees Rapid Surge in Trading Volume and User Engagement

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Robinhood Chain, launched a week ago, has quickly become one of the busiest networks in crypto, processing millions in trading volume and boasting impressive user numbers. The chain's success is largely driven by meme coins, with tokens like Cash Cat and others experiencing significant gains.


Circle Gets OCC Approval for National Trust Bank

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Circle Internet Group, Inc. has obtained final approval from the OCC to establish a national trust bank, Circle National Trust, enhancing USDC infrastructure through federally-regulated custody services. This milestone "aligns digital asset infrastructure with the longstanding role of national trust banks in safeguarding client assets under strict fiduciary standards," the firm said in a statement.


Jailed Launderer Hit With New Charges Over Moving $290K in Crypto

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Rossen Iossifov, already serving time for crypto laundering, faces new charges for moving $290,000 in cryptocurrency from prison. He allegedly conspired to transfer forfeited crypto through exchanges and mixing services to evade seizure.


Metaplanet Considers Using Bitcoin as Collateral for Credit Instruments

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Metaplanet, the third-largest corporate holder of Bitcoin, plans to explore entering the tokenized credit market by using BTC as collateral for credit instruments. This move aims to bridge traditional capital markets with on-chain technology, enabling 24/7 global trading and settlement.


Coinbase Chief Legal Officer Paul Grewal to Depart Crypto Giant

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Coinbase's Chief Legal Officer Paul Grewal is leaving the company after its legal battle with U.S. regulators. Molly Abraham will now lead the legal team, and Ryan Van Grack will take on a more public-facing role as vice chairman.


Circle Contests Criminal Case in Wisconsin Over Failure to Return Stolen USDC to Scam Victim

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Circle is facing a criminal case in Wisconsin for allegedly failing to return stolen USDC to a scam victim, leading to a public dispute. The company argues that it cannot invalidate and reissue USDC once it leaves their control, and contests the jurisdiction of the court due to the tokens being outside Wisconsin.