US Bankers Warn Stablecoin Yield Workarounds Threaten Local Lending US banking groups are urging lawmakers to tighten stablecoin rules, warning that allowing “inducements” such as interest payments or rewards on stablecoins could pull deposits out of traditional banks and reduce lending capacity in local communities. In a letter, the bankers argued that if consumers can…
The Death of the 4-Year Cycle: Experts on Bitcoin’s New Macro Reality Bitcoin’s 2025 rally hit a high of $126,000 in October before reversing sharply, with a liquidation cascade accelerating the downturn. By year-end, BTC was trading below $100,000, a move that undercut expectations of a clean, repeatable post-halving trajectory. The slide matters because it…
Coinbase and Robinhood blur the line between stocks and crypto as bitcoin dips and rebounds Coinbase and Robinhood are making moves that further merge traditional markets with crypto trading, underscoring how quickly the boundary between “stock apps” and “crypto exchanges” is fading. Robinhood built its brand as a retail-first platform for commission-free stock and options…
Wyoming’s ‘Frontier’ Stablecoin Debuts, but Yield Feature Remains Uncertain Wyoming’s new “Frontier” stablecoin has debuted, but whether it will eventually offer a yield remains unresolved, according to the state body overseeing the token. While people close to the token’s creation have suggested the stablecoin could include a yield component, a spokesperson for the Wyoming Stable…
Coinbase expands beyond crypto as Robinhood’s all-in-one model gains ground Coinbase and Robinhood are increasingly converging on the same idea: a single platform where users can trade across traditional markets, crypto, and related products without switching apps. Robinhood built its business as a retail-first destination for stock and options trading, adding crypto later as an…
Crypto Advocates Renew Stablecoin Rewards Push as Market Structure Bill Nears Key Senate Vote Crypto advocates are renewing their push to protect “stablecoin rewards” as the Senate Banking Committee nears a key markup vote on a crypto market structure bill next Thursday, according to statements included in the discussion around the legislation. The group said…
Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure Chen Zhi, accused of masterminding a large-scale “pig butchering” crypto fraud ring, has been arrested in Cambodia, according to the provided information. U.S. authorities previously indicted Zhi in October, charging him with wire fraud and conspiracy to commit money laundering. The case has…
The ultra wealthy feel like they’ve missed out on crypto riches — and Binance’s founder says to stop chasing “10x overnight” bets Changpeng Zhao, the cofounder and former CEO of Binance, used X (formerly Twitter) to push back on a question he says he gets repeatedly: where the next “big opportunities” will be. Zhao said…
Former Brazil central bank official unveils real-pegged stablecoin with yield sharing Tony Volpon, a former official at the Central Bank of Brazil, has unveiled BRD, a stablecoin designed to track the Brazilian real and share yield with holders. According to the information provided, BRD will be backed by Brazilian government debt, linking its reserves to…
**Murder Conviction Stands in Knife Fight Appeal** North Carolina appeals court upholds Gary Earl Jenkins’ second-degree murder conviction for fatally stabbing a man during a drug-fueled parking lot brawl, rejecting claims of trial errors on jury instructions and evidence review. This unpublished ruling reinforces strict standards for lesser charges like involuntary manslaughter, signaling prosecutors’ edge…
**NC Court Backs Juror Swaps in Drug Bust Trial Chaos** North Carolina’s appeals court just greenlit a drug trafficker’s conviction despite a mid-deliberation juror swap, ruling the jury followed orders to wipe the slate clean and restart from scratch. This follows the state Supreme Court’s bombshell in Chambers upholding the practice, slamming the door on…
The ultra wealthy feel like they’ve missed out on crypto riches — and Binance thinks it has a solution Arthur Hayes on Tuesday night urged major exchanges Binance and Bybit to list River (RIVER) after the token hit a record high of around $24.60. The comment reflects a familiar dynamic in crypto markets: exchange listings…
Teacher’s Child Assault Conviction Stands After Evidence Fight. North Carolina’s Court of Appeals upheld Caitlin Hoffman’s misdemeanor conviction for assaulting a four-year-old daycare student, rejecting her challenges to prior bad acts testimony, police vouching, and prosecutors’ language. The ruling reinforces strict limits on “accident” defenses in child harm cases, letting courts admit past rough behavior…
Alleged Crypto Scam Kingpin Arrested in Cambodia After $12 Billion Bitcoin Seizure Chen Zhi, the alleged mastermind of a “pig butchering” crypto fraud ring, has been arrested in Cambodia, according to the information provided. Zhi was indicted by the U.S. Department of Justice in October and charged with wire fraud and money laundering conspiracy. Separate…
**NC Appeals Court Dismisses Meth Conviction Challenges** North Carolina’s Court of Appeals shut down Billy Hodges Jr.’s bid to overturn his methamphetamine possession conviction and habitual felon plea, ruling his appeals procedurally flawed on all fronts. This routine criminal procedural smackdown underscores how strict appellate rules can seal fates without touching merits, a reminder that…
**NC Court Backs Revenge Shooting Conviction in Shotgun Case** North Carolina’s Court of Appeals upheld a 9-year prison sentence for Raquon Hayes, convicted of attempted first-degree murder after blasting his former best friend with a shotgun the day after a fistfight. The unpublished ruling rejects claims of insufficient evidence and botched jury instructions, affirming that…
Barclays Invests in US Stablecoin Startup Ubyx Barclays has bought a stake in U.S. stablecoin-settlement company Ubyx, marking the British bank’s first investment in a stablecoin-related business, Barclays said on Wednesday. The bank described the move as part of its broader plans to explore “new forms of digital money”. Barclays announced the stake purchase in…
**Nursing Board Clash Dismissed: No Crypto Link** North Carolina’s Court of Appeals just tossed a nurse’s appeal against the state Board of Nursing, ruling it premature since a lower court only remanded the case for more review—not a final call. This procedural smackdown highlights how appeals courts guard against piecemeal litigation, but it carries zero…
### Court Greenlights Landfill Amid Zoning Clash North Carolina’s appeals court just slammed the door on Charlotte’s zoning board, forcing approval of a massive 62-acre landfill project after overturning a denial. Developers won big when judges ruled city regs trapped them in a no-win bind between local ordinances and state road bosses. This rare win…
Wall Street and Bloomberg Strategist Split on 2026 Crypto Outlook After 2025 Pullback Two prominent market voices are offering sharply different expectations for crypto in 2026, underscoring how unsettled sentiment remains after a major downturn from 2025 highs. Mike McGlone, Bloomberg Intelligence’s senior commodity strategist, said the market’s recent cycle was heavily influenced by political…
