Author: altcoinvest

Cross-border payout platform MassPay and Coinbase announced a partnership on Thursday to offer stablecoin cross-border payouts.The partnership connects MassPay’s network in 180 countries with the US-based exchange’s crypto infrastructure, allowing customers to move between fiat, USDC and other digital assets, the companies said in a joint statement shared with Cointelegraph.MassPay CEO Ran Grushkowsky told Cointelegraph that stablecoins are still a small slice of the company’s transaction volume. Still, the company expects the new rails to support nine-figure payouts in the first year. He added that clients using the system have seen costs fall by about 40% to 70% versus international…

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Dogecoin is once again facing questions about its future as prices hover near multi-year lows and investor enthusiasm continues to fade. Yet just as many traders are beginning to lose confidence, a massive event tied to Elon Musk’s business empire is generating fresh discussion about whether DOGE could be preparing for an unexpected second act. Dogecoin’s Missing Spark Dogecoin’s market position appears far weaker than in previous cycles. The cryptocurrency is trading around $0.084 and remains down nearly 57% over the past year, with losses across the…

Nakamoto Inc. (Nasdaq: NAKA), a Nashville-based Bitcoin operating company, announced today a set of capital structure initiatives that include a $45 million debt reduction, a loan refinancing with extended maturities, and a $25 million share repurchase authorization.  Shares of NAKA briefly climbed 20% on the news, at the time of writing. The company retired $45 million in outstanding debt through the repayment of a portion of its loan with Payward Interactive, Inc., doing business as Kraken. Nakamoto funded the repayment by selling approximately 600 Bitcoin and Bitcoin-related derivative positions, which generated approximately $48 million in net proceeds.  The transaction leaves…

A closed-door ethics meeting among Senators Kirsten Gillibrand, Ruben Gallego (D-AZ), Bernie Moreno (R-OH), and Cynthia Lummis (R-WY), joined by White House Crypto Council Executive Director Patrick Witt, collapsed on Tuesday without agreement after Republicans and the White House withdrew a provision that would have allowed state attorneys general to sue the Department of Justice over failures to enforce ethics rules tied to President Trump’s crypto business interests.  Simultaneously, the White House Crypto Council convened representatives from the National Sheriffs’ Association, the Fraternal Order of Police, and the National District Attorneys’ Association on Wednesday to address law enforcement objections to…

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After fourteen years as a payments ledger, the XRPL is voting on its first native credit system. Summary XRPL’s XLS-65 and XLS-66 amendments would bring native vaults and fixed-rate lending directly to the ledger. The design favors underwritten credit, fixed terms, and permissioned access over typical DeFi lending mechanics. XRP and RLUSD could gain new utility if vault deposits, credit demand, and locked supply scale after activation. The main risks are cold-start adoption, borrower defaults, underwriting quality, and competition from existing credit platforms. The design borrows more from bond desks than from DeFi, and that choice will decide whether institutions…

Chiliz has introduced a World Cup campaign that will remove up to 10% of treasury-held Fan Tokens per match victory as participating national teams progress through the tournament. Summary Chiliz has launched a World Cup campaign that burns Fan Tokens from treasury reserves when participating national teams win matches. Burn rates start at 1% during the group stage and rise to 10% for a victory in the tournament final. Argentina, Belgium, Portugal, South Africa, and Scotland Fan Tokens are included in the performance linked tokenomics program. According to a June 11 press release shared with crypto.news, the new initiative, called…

Morgan Stanley’s head of digital asset strategy, Amy Oldenberg, said Bitcoin reaching $1 million is possible over time, while cautioning that a move of that scale would likely require either a long adoption cycle or a major dislocation in traditional markets. Speaking with Natalie Brunell on Coin Stories, Oldenberg framed the next phase of Bitcoin adoption less as a sudden “J curve” and more as a gradual institutional buildout, led by product access, adviser education, custody infrastructure and client demand. Her comments come as Morgan Stanley continues expanding its digital asset footprint through its spot ETF, wealth management and e*Trade…

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Japan is taking further steps to classify cryptocurrencies like Bitcoin, Ethereum, and XRP as conventional financial securities. For this, lawmakers advanced a key piece of digital asset industry reform legislation that could change the way the country regulates crypto. Japan Moves To Classify Crypto Akin To Stocks On Thursday, June 11, Japan’s House of Representatives approved changes to the Financial Instruments and Exchange Act. The bill will now go to the House of Councillors for final passage. The new framework, if enacted, would define cryptocurrencies like Bitcoin, Ethereum, and XRP as financial products similar to stocks and bonds. The amendment…