With the GENIUS Act passed, stablecoins are set to surge — and major issuers now aim to run their own layer 1 blockchains, not just build on others. If they win, someone has to lose.

Do Kwon admitted to two counts of fraud tied to Terraform Labs, agreeing to forfeit $19 million and facing up to 12 years under a plea deal.

Circle is building Arc, an EVM-compatible layer 1 using USDC as gas, targeting enterprise stablecoin payments with sub-second settlement speeds.

Qubic says it seized majority control of Monero’s hashrate, triggering a chain reorg and sparking debate over whether the network suffered a true 51% attack.

ETH rallied to $4,708, just shy of its record, as BitMine revealed a $20 billion plan to buy 5% of the supply, fueling bullish price targets up to $15,000.

ALT5 Sigma is raising $1.5 billion to load its treasury with WLFI tokens and cash, a move that adds Trump-linked figures to its board and sparked sharp stock swings.

Court filings indicate Do Kwon may change his plea to guilty in the U.S. fraud case tied to the $40 billion Terra collapse, potentially avoiding a lengthy trial.

Stripe is reportedly building “Tempo,” a payments-focused layer 1 blockchain designed to speed stablecoin transactions and expand enterprise adoption as part of its growing crypto push.

Uniswap’s governance could soon gain legal protections and tax compliance capabilities under a proposed Wyoming DUNA structure, potentially paving the way for activating its long-debated fee switch.

LayerZero Foundation proposed a $110 million buyout of Stargate, swapping out STG for ZRO tokens to consolidate control over the cross-chain bridge.