Polygon Lays Off Employees Amid $250M Pivot to Stablecoin Payments
TL;DR Polygon Labs cut staff while pivoting to a payments-first new “Open Money Stack” after deals up to $250 million for Coinme and Sequence. Posts on
Latest news from: Nicholet R.
Nicholet R.
Passionate writer and blockchain enthusiast, she covers the latest developments in the cryptocurrency world with clarity and depth. At Crypto Economy, she focuses on delivering accurate, engaging, and accessible content for readers eager to stay informed about Bitcoin, DeFi, NFTs, and the constantly evolving crypto ecosystem.
Utah Man Sentenced to 3 Years in $5.4M Cash-To-Crypto Fraud
Brian Garry Sewell, 54, of Washington County, Utah, was sentenced on Jan. 15 to 36 months in prison for wire fraud that cost investors over $2.9
Solana ETFs Pull In $23.6M, Marking a Four-Week Inflow High
TL;DR U.S. spot Solana ETFs logged $23.57 million of inflows Wednesday, a four-week high, yet under 1% of Solana’s trading volume as sentiment improved. Analysts said
State Street Debuts New Platform to Support Tokenized Fund Products
TL;DR State Street launched a digital asset platform adding tokenized money market funds and stablecoins, shifting beyond custody into asset issuance and product distribution. Milrod said
Lemon Debuts Bitcoin-Backed Credit Card in Cash-Hoarding Argentina
TL;DR Lemon launched a Bitcoin-backed Visa card in Argentina, letting users lock 0.01 BTC and access an initial 1,000,000-peso credit line. The product roadmap includes adjustable
Robinhood CEO Calls Out Congress Over Delays, Reiterates Need for Crypto Market Structure Bill
TL;DR Tenev said legislative gridlock blocks staking and keeps U.S. crypto features uneven, despite strong customer demand on Robinhood, and urged the U.S. to lead. He
BitMine Commits $200M Equity Investment into Beast Industries
Bitmine Immersion Technologies said it agreed to make a $200 million equity investment in Beast Industries, according to a PRNewswire release.
Whale Activity on Binance Cools Off as January Deposits Drop
TL;DR Whale deposits since 2026 began were about 15,800 BTC versus 37,133 BTC in December, around 42.5% slower. BTC bounced above $97,000, slipped to $95,449.56, and
Galaxy Digital Completes $75M Tokenized Loan On Avalanche Rails
Avalanche said that Galaxy Digital completed its first tokenized collateralized loan obligation (CLO), Galaxy CLO 2025-1, on the Avalanche network, raising $75 million.
Up to $6 Trillion at Risk if Stablecoins Pay Interest, Bank of America CEO Says
TL;DR Moynihan says Treasury studies show up to $6T, or 30% to 35% of U.S. bank deposits, could shift to yield-paying stablecoins. FDIC averages show savings
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