OKX adds Circle and Ripple as investors to push stablecoin payments
OKX has brought Circle, Ripple, QRT, and SC Ventures on board at a $25 billion valuation. The exchange is betting on stablecoin payments and aims to reach mainstream users with its new Money app, while tightening links with major stablecoin issuers.
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Ethereum faces ETF outflows and heavy derivatives selling near $2,700
Ethereum has seen five days of US spot ETF outflows totaling $206 million, while traders ramp up selling in derivatives. Key numbers show mixed signals for both holders and short-term traders.
China's stablecoin crackdown fuels $176 billion peer network
China's ban on crypto exchanges hasn't stopped a surge in peer-to-peer stablecoin payments. Chainalysis estimates $176 billion in crypto activity over the past year as users move outside official channels and rely on wallet-to-wallet transfers.
Coinbase cuts support bot testing from weeks to under an hour with Autopilot AI
Coinbase says its Autopilot AI now runs 90 support tests in less than an hour-a job that used to take up to two weeks. The company touts faster validation, but bots still need human sign-off before touching real customer accounts.
