Crypto’s barbell; speculation and stablecoin payments won users, Tempo’s Romero says

MIAMI BEACH, Fla. — After years of experimentation, today’s cryptocurrencies have boiled down to two core uses: transactions and payments. Speaking during a fireside chat at Consensus 2026 in Miami, Dan Romero, Tempo’s head of marketing, said the industry is forming a “barbell” between speculative trading such as the Hyperliquid market on the one hand…

Read More

Man charged in US with stealing $450 million from Mexican billionaire in loan scheme

A man with multiple aliases used the names of the prominent Astor family to defraud a Mexican billionaire of approximately $450 million through a phony stock-backed loan scheme, according to a newly unsealed U.S. indictment and other court records. Federal prosecutors allege that 63-year-old Vladimir Sklarov, also known as Gregory Mitchell and Mark Simon Bentley,…

Read More

State Street says institutions want improved blockchain security in wake of recent DeFi attacks

Large traditional financial firms need guardrails in the world of blockchain-based assets, especially given that decentralized finance (DeFi) remains so vulnerable to hacks and losses, the head of digital assets at custodial banking giant State Street said on Tuesday at the Consensus conference in Miami. What’s still fresh in people’s minds is that last month…

Read More

Kraken eyes IPO as it partners with MoneyGram to bridge crypto-to-cash gap

MIAMI BEACH, Fla. – Payward and Kraken co-CEO Arjun Sethi said cryptocurrency exchanges are “about 80% ready” to go public, underscoring the company’s IPO ambitions as it forges a new partnership with MoneyGram aimed at solving the “last mile” problem for cryptocurrencies. Sethi, who spoke at the Consensus Conference in Miami alongside MoneyGram Chairman and…

Read More

New weapons charges filed against suspect in deadly shooting at Bondi Beach Hanukkah festival

WELLINGTON, New Zealand (AP) — An Australian man accused of massacring 15 people during Hanukkah celebrations at Sydney’s Bondi Beach will face 19 additional charges related to the attack, officials said Wednesday. Naveed Akram has been charged with 59 counts, including murder, attempted murder and committing a terrorist act, after two gunmen opened fire at…

Read More

AI agents are breaking web economics, but Cloudflare says x402 can help

For decades, the web ran on a simple deal: Publishers and businesses made information freely accessible, search engines and other crawlers indexed it, and those services sent human traffic back. Websites can then monetize the traffic through advertising, subscriptions, or commerce. But that’s all changing quickly, Cloudflare chief strategy officer Stephanie Cohen told the CoinDesk…

Read More

Maine Democrat Graham Platner promises he’ll be ‘arrested’ as a senator if GOP keeps control of chamber

Maine Democratic candidate Graham Plattner promised he would be “arrested” as a U.S. senator if he won the election, but Republicans retained control of the House. Plattner held his first campaign event after Maine Gov. Janet Mills announced she was withdrawing from the Democratic primary, making Plattner the presumptive nominee for the November election. While…

Read More