Articles by Khal
Latest from Khal
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Mastercard Secures New York BitLicense for Digital Asset Operations
Mastercard's US transaction services unit received a BitLicense from New York regulators, clearing the path for the payments giant to conduct regulated crypto and digital asset business in the state.
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YouTube Expands AI Content Labels, Launches Video Remix Tools
YouTube expanded its AI disclosure system to make labels for AI-generated or meaningfully altered videos more prominent, with automatic detection and new remix capabilities rolling out across long-form and Shorts content.
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Dutch authorities seize 800 servers in raid on Russian cyberattack hosting
The Netherlands' FIOD seized over 800 servers in May 2026 targeting web hosting operations suspected of enabling Russian cyberattacks, disinformation, and sanctions evasion. Two individuals were arrested.
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Fold secures $150M credit facility to expand Bitcoin rewards card
Fold Holdings, the first publicly traded Bitcoin financial services company, secured a $150 million revolving credit facility from Encina Lender Finance to accelerate its Bitcoin rewards credit card rollout nationwide.
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Bitcoin drops below $75K as Iran peace deal lifts stocks and oil
Bitcoin fell below $75,000 Wednesday as US-Iran peace progress sent stocks to record highs and crude oil to one-month lows, with traders warning of further downside pressure near $72,000.
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BTC Prague 2026 Returns June 11-13 With 8,500 Attendees
Europe's largest Bitcoin-only conference returns for its fourth edition on June 11-13, 2026, with 8,500 attendees, 250+ speakers, and a new Bitcoin Living Masterclass track focused on health and biohacking.
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SoFi Launches SoFiUSD Stablecoin on Ethereum and Solana
SoFi Technologies became the first U.S. national bank to offer a bank-issued stablecoin directly within its consumer app, with SoFiUSD now available for buying, selling, and holding on Ethereum and Solana blockchains.
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Block's Cash App rolls out USDC payments to 15M users
Block began rolling out USDC send-and-receive functionality to roughly 15 million Cash App users on May 27, settling transactions on the Solana blockchain with instant USD conversion and no separate wallet or gas fees required.
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ECB Vice President Warns Energy Shocks Threaten Euro Area Stability
ECB Vice President Luis de Guindos flagged energy supply shocks as a dual threat to inflation and growth, while the central bank's latest Financial Stability Review identifies mounting vulnerabilities in banking, real estate, and debt servicing across the euro area.
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US inflation accelerates to 3.8%, outpacing wage growth and delaying Fed rate cuts
US consumer price inflation jumped to 3.8% year-over-year in April 2026, the highest level since May 2023, while wage growth lagged at 3.6%, squeezing household budgets and pushing Federal Reserve rate cuts further into the future.
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HYPE ETFs Cross $100M in First 10 Trading Sessions
Two US spot ETFs tracking Hyperliquid's HYPE token have accumulated over $100 million in net inflows within their first 10 trading sessions, signaling institutional appetite for diversified crypto exposure beyond major tokens.
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Bitcoin slips as ETF outflows persist and stocks hit all-time highs
Bitcoin declined to near $75,000 as spot ETF outflows continued, with Ethereum posting 11 consecutive days of withdrawals while the S&P 500 reached new records. The divergence signals investors are de-risking crypto amid extreme fear sentiment.
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Robinhood launches AI agentic trading beta with autonomous account management
Robinhood is beta-testing AI agents that can autonomously trade stocks and make payments via a virtual credit card, with fraud detection and real-time notifications designed to keep users in control of their capital.
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Bitdeer appoints Corsair Gaming's Michael Potter as CFO
Bitdeer Technologies Group appointed Michael G. Potter, former CFO of Corsair Gaming, as its new CFO effective May 26, 2026. Potter replaces Jianchun Liu and brings hardware and capital-intensive business experience to the mining and AI infrastructure company.
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US Treasury Yields Near 4.5% Trigger Risk-Off in Equities and Crypto
The 10-year US Treasury yield is approaching 4.5%, a psychological threshold that historically pressures equities and crypto. Rising yields increase borrowing costs, reduce liquidity for speculative assets, and create acute opportunity costs for non-yielding digital assets like Bitcoin and Ethereum.
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JPMorgan ready to deploy $20B on acquisition, Dimon says
JPMorgan Chase CEO Jamie Dimon said the bank could deploy as much as $20 billion on an acquisition over the next few years, marking the largest deal under his two-decade tenure if realized.
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Trajectory raises $50M to advance AI visual understanding for robotics
Trajectory, founded by ex-Google DeepMind and Apple researchers, is raising roughly $50 million to build AI systems with superior visual understanding and real-time learning capabilities for robotics and autonomous systems.
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StakeDAO Attacker Mints 5.4T vsdCRV, Cashes Out Only $91K
An attacker exploited a compromised StakeDAO deployer key on Arbitrum to mint over 5.4 trillion vsdCRV tokens worth $763 billion on paper, but thin liquidity limited actual proceeds to approximately $91,000 in realized gains.
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GENIUS Act repriced Bitcoin's monetary premium, Tanuku argues
The GENIUS Act created a government-backed stablecoin alternative that shifted digital-dollar demand away from Bitcoin, repricing the asset's core function as a capital-control workaround for emerging markets, according to this week's Crypto Long & Short newsletter.
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Kraken launches Bitcoin Vault with up to 2.5% APY on BTC holdings
Kraken announced a Bitcoin Vault feature that allows customers to earn yield on BTC holdings without leaving the exchange, offering up to 2.5% APY through on-chain lending strategies managed by DeFi firm Sentora.
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BIS Project Agorá finds tokenization speeds cross-border payments
Project Agorá, backed by the BIS and seven central banks, concluded that tokenized reserves and deposits could enable atomic settlement across borders. The initiative now moves to real-value testing.
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Amazon licenses AI shopping technology to retailers, Tapestry first adopter
Amazon is licensing AI shopping tools to retailers through AWS, with Tapestry Inc. (Coach, Kate Spade parent) among the first to adopt the technology for store feedback systems and enterprise chatbots.
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DDC Enterprise buys 131 Bitcoin, total holdings reach 2,714 BTC
DDC Enterprise, a former Asian food platform now focused on Bitcoin accumulation, purchased 131 BTC this week, bringing its total holdings to 2,714 BTC and ranking it among the top 30 publicly traded corporate Bitcoin holders.
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Hong Kong SFC raids CCB International, China Securities over IPO misconduct
Hong Kong's Securities and Futures Commission raided two major Chinese brokerages on May 27 over suspected IPO misconduct, marking the second enforcement sweep against Chinese firms in three months.