RedotPay says it restructured teams for efficiency after a Bloomberg report flagged executive turnover, China sensitivities and new funding talks.
Amin Haqshanas
Amin (Ruholamin) Haqshanas is a staff writer at Cointelegraph covering cryptocurrency and finance-related topics. He has over four years of experience in crypto journalism and has previously contributed to outlets such as CryptoNews, The Tokenist, EthereumPrice.org, and Milk Road. He holds a bachelor’s degree in Mechatronics Engineering from Herat University.
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RedotPay defends team reshuffle amid funding talks and IPO plans - News
Ethereum aims to cut bridge times by 98% to 13 seconds with new rule Ethereum’s FCR aims to reduce bridge times by up to 98%, bringing L1-to-L2 and exchange deposits down to 13 seconds without a hard fork.
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Mastercard agrees to acquire BVNK in $1.8B stablecoin deal Mastercard agreed to acquire BVNK for up to $1.8 billion as it expands further into stablecoin and blockchain-based payments.
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Five companies vie for Vietnam crypto licences as overseas ban looms: Report Five companies, including bank affiliates and a major conglomerate, are competing for Vietnam’s first crypto exchange licences as authorities plan to restrict offshore trading.
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Crypto.com taps KG Inicis for tourist crypto payments in South Korea The partnership targets foreign travelers in South Korea, adding real-world merchant access through a major local payments processor.
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Balaji calls for more ‘crypto tools’ for refugees amid Middle East tensions The former Coinbase CTO says the crypto industry should build more financial tools for refugees and stateless people as conflicts and migration increase worldwide.
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Forensic analysis uncovers draft of $5M deal tied to Milei’s Libra promotion: Report Forensic analysis of lobbyist Mauricio Novelli’s phone reportedly uncovered a draft document outlining a $5 million payment tied to Argentina's president's promotion of the Libra token.
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Stablecoin uncertainty could hurt banks more than crypto firms: Expert Regulatory uncertainty around stablecoins may disadvantage banks, as crypto firms continue expanding while financial institutions wait for clearer rules.
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Ethereum Foundation sells $10.2M worth of ETH to BitMine in OTC deal The Ethereum Foundation completed a $10.2 million OTC sale of 5,000 ETH to BitMine as part of its treasury management strategy to fund operations and ecosystem development.
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USDC market cap nears record $80B amid ‘capital flight’ in UAE: Analyst USDC’s market cap is approaching a record $80 billion, with one analyst linking the surge to capital flight and turmoil in Dubai’s real estate market.
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Spot Bitcoin ETFs extend inflow streak to five days for first time in 2026 US spot Bitcoin ETFs brought in about $767 million over five straight days of inflows for the first time so far this year.
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FATF warns offshore crypto firms create money laundering and sanctions gaps A new FATF report says crypto exchanges operating offshore can create gaps in AML enforcement, making it harder for regulators to track illicit activity.
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Utah set to block prediction markets as state-federal tensions rise CFTC Chair Michael Selig has said that the agency has authority over prediction markets like Kalshi and Polymarket and warned it will defend that jurisdiction in court if challenged.
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Bonk.fun warns hackers hijacked domain in wallet-drainer attack Bonk.fun warned users not to use its site after attackers hijacked the domain and pushed a fake wallet-draining prompt.
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Wells Fargo files WFUSD trademark for crypto payments and trading The US banking giant seeks trademark protection for “WFUSD,” covering crypto trading, payments, staking software and blockchain-based financial services.
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US seeks forfeiture of $3.4M in USDt tied to crypto investment scam US prosecutors moved to forfeit $3.44 million in USDt allegedly tied to a crypto investment scam that tricked victims into sending Ether to wallets controlled by fraudsters.
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Brera board approves Solmate pivot, cuts soccer teams to focus on Solana Nasdaq-listed Brera plans to rebrand as Solmate, wind down two soccer teams and propose a 10-for-1 reverse stock split as it pivots toward Solana.
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CFTC chair backs blockchain-based prediction markets as ‘truth machines’ Michael Selig said blockchain-powered prediction markets could improve price discovery and public information, even as several US states challenge the platforms in court.
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US lawmakers probe Trump family-linked firm over Chinese stock scams Dominari Securities, tied to Eric Trump and Donald Trump Jr., is among the brokerages named in the congressional probe.
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Blackstone-owned AirTrunk secures record $1.24B loan for Tokyo AI data center A consortium of 12 banks, led by SMBC, MUFG, Crédit Agricole CIB and Société Générale, arranged the record financing for AirTrunk’s Tokyo data center expansion.
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AI agent attempts unauthorized crypto mining during training, researchers say The experimental AI agent ROME attempted to divert GPU resources for crypto mining during training and opened an external SSH tunnel, researchers said.
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Spot Bitcoin ETFs post second straight weekly inflows for first time in 5 months US spot Bitcoin ETFs recorded their second consecutive week of net inflows, ending a five-month outflow streak.
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CZ says CEXs have ‘zero motive’ to aid terrorists as court dismisses terrorism suit A US federal judge dismissed a lawsuit accusing Binance, Changpeng Zhao and Binance.US of helping terrorist groups move crypto funds.
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Kalshi, Polymarket eye $20B valuations in potential fundraising: WSJ Lawmakers are pushing new regulation for prediction markets after suspiciously timed Polymarket bets on US and Israeli strikes on Iran raised insider-trading concerns.
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Grok delivers viral vulgar roasts of Musk, Netanyahu and Starmer xAI’s Grok drew massive attention on X after delivering profanity-filled roasts of Elon Musk, Benjamin Netanyahu and Keir Starmer following user prompts.
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Florida Senate passes state-level stablecoin bill, awaits DeSantis’ signature SB 314 expands Florida’s money services law to cover stablecoins, requiring issuer compliance with existing regulations while banning unlicensed issuance.
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Revolut makes second attempt at US bank charter, names new CEO for US business Revolut’s renewed push for a US banking license follows a failed 2021 attempt, as the $75 billion fintech expands globally.
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Coinbase execs face new lawsuit seeking damages, insider profit clawbacks The lawsuit seeks damages for Coinbase, governance reforms and the return of compensation and profits allegedly earned by insiders amid the company’s compliance failures.
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Anthropic reopens Pentagon talks as tech groups push Trump to drop risk tag: FT Anthropic previously secured a $200 million Pentagon contract, and its AI has been used in classified operations, including support for US airstrikes on Iran, the Financial Times reports.
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South Korea moves to cap crypto exchange shareholder stakes at 20%: Report South Korea’s government and ruling party reportedly agreed on a proposal to cap major shareholder stakes in crypto exchanges at 20%, with limited exemptions for new operators.