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OKX Enters AI Agent Payments Race with New Cross-Chain Protocol

Infrastructure

OKX Enters AI Agent Payments Race with New Cross-Chain Protocol

Cryptocurrency exchange OKX has launched its Agent Payments Protocol (APP), an open-standard, cross-chain framework designed to enable autonomous AI agents to conduct complex financial transactions and commerce, intensifying the competition in the burgeoning machine-to-machine economy.

Isabel Duarte·2d ago
Tether Backs Major Crypto Merger: Twenty One Capital, Strike, and Elektron to Form New Powerhouse

Markets

Tether Backs Major Crypto Merger: Twenty One Capital, Strike, and Elektron to Form New Powerhouse

Tether, the majority shareholder of Twenty One Capital, has proposed a three-way merger involving Bitcoin payments firm Strike and Bitcoin mining company Elektron Energy, aiming to create a diversified crypto entity.

Nadia Chen·3d ago
MoonPay Expands Fiat-to-Stablecoin Virtual Accounts to New York, Targeting Institutional Flow

Infrastructure

MoonPay Expands Fiat-to-Stablecoin Virtual Accounts to New York, Targeting Institutional Flow

MoonPay has launched its virtual accounts product in New York, enabling businesses to convert fiat to stablecoins and settle funds directly to non-custodial wallets without prefunding, leveraging its BitLicense and trust charter.

Luca Bennett·1w ago
Beyond Code: Fake Police Raid Forces $1M Bitcoin Transfer in France, Signaling New Crypto Threat

Markets

Beyond Code: Fake Police Raid Forces $1M Bitcoin Transfer in France, Signaling New Crypto Threat

A sophisticated physical attack, disguised as a police raid in France, coerced a couple into transferring $1 million in Bitcoin, signaling a dangerous evolution in crypto crime from digital hacks to real-world threats.

Daniel Ross·1w ago
Aave DAO Greenlights $25M Grant and Token Allocation for Aave Labs, Signaling New Era of Growth

DeFi

Aave DAO Greenlights $25M Grant and Token Allocation for Aave Labs, Signaling New Era of Growth

Aave DAO has approved a significant funding package for Aave Labs, allocating $25 million in stablecoins and 75,000 AAVE tokens. This move, under the 'Aave Will Win' framework, aims to accelerate protocol development and cement Aave's position in the evolving DeFi landscape, despite prior community friction.

Luca Bennett·2w ago
Wall Street's New Darling: CoreWeave's $8.5B Loan Signals AI's Ascent Over Crypto Mining Finance

Infrastructure

Wall Street's New Darling: CoreWeave's $8.5B Loan Signals AI's Ascent Over Crypto Mining Finance

CoreWeave's massive $8.5 billion financing deal highlights a pivotal shift in Wall Street's digital infrastructure investment, moving from volatile crypto mining to stable, cash-flow-driven AI compute.

Theo Marshall·3w ago