🎥 @chainlinklabs Head of Legal @kkirkbos says a joint stablecoin from 21 global banks could shake up the market for existing issuers:
“The legacy stablecoin issuers are somewhat under siege.”
.@RebeccaRettig1 and @renato_mariotti say crypto is pushing TradFi toward 24/7 markets, despite the challenges for traditional trading desks and compliance teams:
“Crypto has really pushed the traditional markets in this perspective.”
NEW: A 22-year-old Singaporean is set to plead guilty in one of the largest crypto theft cases in the U.S., scammers posed as Google and Gemini support to trick an investor into handing over $240M in $BTC.
MARKETS: Privacy coins are the only crypto sector above Bitcoin's October 2025 peak, up 213% since then, led by @Zcash's surge as @Grayscale's $ZEC ETF records $34.4M in inflows since launch.
JUST IN: Hunter Biden plans to launch a memecoin on September 9 via Coinbase's Base network, allocating 20% to investors who lost money on $TRUMP and up to 30% to be burned if Democrats win the 2028 presidential election, per WSJ.
