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Fold Holdings, Inc. (NASDAQ: FLD) has begun issuing its Fold Bitcoin Credit Card to select members of its waitlist, with plans to expand access in batches over the coming weeks and months, according to a modified company release. The card, issued on the Visa network and powered by Stripe Issuing, offers up to 4% back in bitcoin rewards on purchases. It carries a base rate of 1.5% bitcoin back, with behavior-based boosts and targeted offers available through Fold’s partner network. Cardholders who pay their bill in bitcoin receive an extra 0.5% back on that payment. The card is accepted at…
Mastercard has received a BitLicense from the New York State Department of Financial Services (NYDFS), clearing the way for the payments giant to conduct digital asset activities under one of the strictest crypto regulatory frameworks in the United States. The license was granted to Mastercard Transaction Services (U.S.) LLC, a subsidiary of the global payments company, which operates in more than 200 countries and territories. The announcement came on May 27, 2026, and positions Mastercard to deepen its involvement in stablecoin infrastructure and blockchain-based payment systems. New York’s BitLicense framework, first introduced in 2015, sets out rigorous requirements for companies…
Tether has announced plans to launch GEL?, a stablecoin pegged to the Georgian Lari, in partnership with the Government of Georgia. The announcement marks one of the first efforts to place a national currency directly onto digital asset infrastructure under a purpose-built stablecoin regulatory framework. Tether’s USD? carries a market capitalization approaching $190 billion, with 24-hour trading volumes that regularly surpass Visa and Mastercard. Tether has not described the asset as a central bank digital currency (CBDC). GEL? aims to enable lower transaction costs, near-instant settlement, and programmable payments. Georgia’s framework is designed for compatibility with the U.S. GENIUS Act,…
Hut 8 is pushing even further into AI infrastructure than most other Bitcoin miners are. Its latest disclosures show a company using power access, data center leases, project debt, and BTC-backed liquidity to build the financing stack for that move.The company’s latest disclosures put numbers around that transition. Hut 8 reported $16.8 billion in triple-net, take-or-pay contracted lease revenue across two hyperscale AI campuses, then separately refinanced a $200 million Bitcoin-backed credit facility with FalconX.The new facility cut the fixed rate to 7.0% from 9.0% and unencumbered roughly 3,300 BTC from the prior collateral package. Related ReadingHut 8 receives $150…
In brief A CNBC report suggests that Elon Musk aims to combine his firms SpaceX and Tesla as the former’s IPO looms. The pair collectively owns more than 30,000 BTC according to new filings, valued at more than $2.2 billion in total. The combined public entity would rank inside the top five of publicly traded Bitcoin treasuries. The combination of SpaceX and Tesla—a reported possibility—could put the world’s richest man, Elon Musk, in direct control of more than 30,221 Bitcoin valued at about $2.27 billion. The move would place the combined firm comfortably inside the top 10 publicly traded Bitcoin treasuries,…
In brief A new study argues the term “AI psychosis” oversimplifies how chatbots affect mental health. Researchers say AI systems can reinforce unhealthy beliefs through constant affirmation and emotional validation. The paper introduces “existential drift,” describing how AI interactions may gradually reshape a person’s sense of reality. As AI chatbots become more emotionally responsive, conversational, and personalized, researchers warn that those same traits could reshape how some users experience reality itself.A new preprint study, “Rethinking AI Psychosis: Misnomers, Conceptual Limits, and Existential Drift,” examines concerns that AI chatbots may reinforce delusions, paranoia, and emotional dependency in vulnerable users.“There has been…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure XRP’s trading conditions on Binance have deteriorated sharply, according to a new analysis by market expert Sam Daodu. Daodu points to a 30-day liquidity index that has fallen to roughly 0.043, the lowest level since January 2020. For context, between 2022 and 2024 the same index typically sat above 3—and at times above 4—signaling a much deeper and more active market. XRP Liquidity Thins What makes this shift stand out is that it appears to have happened while price strength was holding up. Daodu says market depth…
A Miami man faces multiple felony charges after police say he stole nearly $2 million worth of Bitcoin from a former employer — a theft that went undetected for years while the cryptocurrency sat locked in a safe. Nahum Reynaldo Castro, 40, was arrested Tuesday on charges of grand theft, money laundering, unlawful use of a communications device, and offenses against computer users, according to an arrest report obtained by NBC 6. The case stretches back to December 2017, when the victim began purchasing Bitcoin as a long-term investment. He bought a hardware wallet to store the digital currency, and…
Analysts at J.P. Morgan Private Bank say the S&P 500 may be on its way to 9,000 fueled by broader artificial intelligence adoption and a sustained earnings supercycle. Strategist Kriti Gupta says the index has already delivered six consecutive quarters of double-digit earnings growth. Global earnings growth accelerated from 15.3% year-over-year in the fourth quarter of 2025 to 22.6% in the first quarter of 2026, the highest in over four years. The analyst says 9,000 could happen by mid-2027, but requires AI adoption to spread beyond the technology sector, lifting productivity and margins economy-wide. The largest cloud providers are deploying…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ripple has submitted a follow-up response to the SEC Crypto Task Force seeking clearer treatment for payment stablecoins, crypto asset non-securities and tokenized securities under broker-dealer rules. The letter, dated May 22, 2026 and shared by BankXRP on X, points to a broader push for regulatory clarity around collateral treatment, custody requirements and whether on-chain records can serve as the authoritative legal registry for tokenized assets. The document is addressed to the SEC Crypto Task Force at the US Securities and Exchange Commission and is marked as…