CryptoCryptocurrency

Proof of Play will shut down after failing to build a scalable Web3 gaming business despite raising US$33 million in 2023.

Avalanche (CRYPTO:AVAX) gained nearly 7% in 24 hours, briefly reaching US$6.92 before easing to US$6.79.

Bitwise CIO Matt Hougan said crypto can keep advancing even if Congress fails to pass the CLARITY Act this year.

Bybit Payments secured an Austrian e-money licence, allowing it to develop regulated payment services for European users.

Circle Internet Group shares fell as much as 20% after Open USD announced more than 140 launch partners.

Samsung Electronics plans stablecoin features across more than 800 million new Galaxy smartphones through Samsung Wallet.

Strategy CEO Phong Le expects the company to outperform Bitcoin (CRYPTO:BTC) after the current bear market ends.

SpaceX reported US$7.8 billion quarterly revenue, beating Wall Street’s US$6.81 billion forecast in its first public earnings report.

Solana (CRYPTO:SOL) validators are considering a proposal that could lift daily burns from 650 SOL to 7,500–9,000 SOL.

CNBC host Jim Cramer said he plans to sell Bitcoin (CRYPTO:BTC) after International Business Machine discussed quantum computing risks.

Wells Fargo plans tokenised deposits this fall, starting with US dollar-to-British pound transactions for selected clients.

The CLARITY Act needs at least seven Democratic votes to reach the Senate’s 60-vote threshold and advance towards passage.