News section

Robinhood plans to let eligible U.S. users authorize AI agents to execute crypto trades.Robinhood Chain topped $115 million in TVL and reached $500 million in daily Uniswap volume.Blockchain AI payments are expanding, though onchain transaction volumes remain relatively small.

Hyundai Card announced that it has completed its first stablecoin remittance PoC with Tether and Avalanche.Hyundai Motor America converted $20,000 into USDT, which was sent to its Mexico affiliate.Visa and Circle will participate in Hyundai Card’s second stablecoin PoC, which is set to begin later this month.

Crypto exchange AscendEX announced on July 6 that its platform ceased operations on July 1, citing regulatory, financial, and operational challenges.The company’s statement indicated that the current liquidity issue may restrict full user withdrawals.

Trump's embrace of stablecoins is pushing Brussels to expand its crypto law to non-EU issuers and tokenized payments, EU diplomats say.

Hyundai Card completed a $20,000 USDT cross border remittance between Hyundai Motor’s U.S. and Mexico entities in about seven minutes.The transaction ran on Avalanche using Tether’s USDT and was carried out for an actual intercompany settlement instead of a test environment.Hyundai will expand the pilot to Europe later this month with Visa and Circle to test stablecoin transfers across multiple local currencies.

A crypto user lost nearly $1 million after approving a malicious Ethereum transaction that allowed scammers to drain the wallet.Phishing scams caused $723 million in losses across 248 incidents in 2025 as approval based attacks continued targeting crypto users.The latest theft follows another multimillion dollar onchain loss, highlighting separate risks from phishing approvals and flawed transaction routing.

AscendEX has shut down operations, citing MiCA compliance requirements and financial difficulties.The exchange warned users that withdrawals will be reviewed manually and full account balances may not be recoverable.The closure follows weeks of withdrawal complaints after ZachXBT raised concerns about delayed withdrawals and the exchange’s visible hot wallet reserves.

Alfa-Bank wants a digital depository before offering wider crypto services under Russia’s planned rules framework.Sberbank, T-Bank and VTB plans show Russia’s banking sector is preparing for regulated crypto access.Retail launch timing still depends on final rules, app access and market liquidity by 2027.

The report, filed in May 2024, invited the National Crime Agency to determine whether there were grounds for further investigation.

AngelList will pause crypto investment funding, pushing users toward ACH and wire transfer options.The change affects USDC, USDT, DAI, and ETH payments, but not existing investments.Ripple bought Rail for $200 million to expand enterprise stablecoin payments and global settlements.

Mercado Bitcoin has grown from an early crypto exchange into a regulated digital financial services platform.Tether’s funding will support payments, lending, tokenized investments, and international expansion.

Brazilian crypto exchange Mercado Bitcoin has raised $20 million in fresh investment from USDT stablecoin issuer Tether.

Former Tether CIO Richard Heathcote is seeking buyers for part of his 1.26% stake in the firm through PJT Partners, according to Bloomberg.

Tether has invested $20 million in Mercado Bitcoin to expand tokenized assets, blockchain payments, lending, and capital markets.Mercado Bitcoin plans to use the funding to grow its payments infrastructure, tokenization business, and international presence.The investment comes as Tether continues expanding beyond USDT, including its upcoming Bitcoin-native USDT launch via RGB.

Tether is preparing to launch native USDT on Bitcoin through the RGB protocol, with the rollout expected within weeks.The RGB integration will allow USDT to move over Bitcoin and the Lightning Network with native addresses, improved privacy, and lower transaction friction.UTEXO said the launch will bring USDT back to Bitcoin after years of development that allowed Tron to dominate stablecoin transfers.

MiCA has changed EU exchange access, pushing some users to compare licensed platforms and self-custody.BNB Chain’s guide frames wallets, test transfers, and recovery phrases as core safety steps.Stablecoin delistings and Binance limits have made European crypto users review custody options more carefully.