Circle faces up to 20% revenue risk from AI agents, Mizuho says
Mizuho cited 10-20% medium-term reserve revenue downside risk as AI agents steer USDC holders toward higher-yielding fiat alternatives. Source: www.theblock.co Read Full Story
Government policy, legal developments and regulatory news affecting AI and cryptocurrency globally. Stay ahead of the rules being written around the technologies changing the world.
Mizuho cited 10-20% medium-term reserve revenue downside risk as AI agents steer USDC holders toward higher-yielding fiat alternatives. Source: www.theblock.co Read Full Story
CEO Sumit Gupta had told X users on Wednesday that early reports of a breach sounded like “a false alarm.” Source: www.theblock.co Read Full Story
Spot bitcoin ETFs lost $773 million on Thursday and Friday after three days of net inflows, per SoSoValue data. Source: www.theblock.co Read Full Story
Netanyahu says blockchain could help Israel prepare for possible sanctions targeting its banking system. Source: www.theblock.co Read Full Story
PayMe users will be able to activate a stablecoin wallet in-app in the coming days for peer-to-peer and peer-to-merchant payments. Source: www.theblock.co Read Full Story
Aerodrome and Velodrome have merged to launch Aero across Ethereum mainnet, Base, Robinhood Chain, Ink, OP Mainnet, Arc, and Arbitrum. Source: www.theblock.co Read Full Story
The companies also plan to explore ways to broaden global access to Dunamu’s Ethereum Layer 2, GIWA chain. Source: www.theblock.co Read Full Story
Min Jung, associate researcher at Presto Research, said investors could be positioning for a potential ‘catch-up trade’ in bitcoin. Source: www.theblock.co Read Full Story
World ID for Zoom is generally available after a beta that began in April, and is designed to spot deepfaked participants on Zoom calls. Source: www.theblock.co Read Full Story
Applied Optoelectronics told the WSJ it objected because it was unsure how tokenization would affect its stock price, liquidity and volatility. Source: www.theblock.co Read Full Story