Crypto News
Coinbase Rolls out Beta for API-Powered Embedded Wallets
On Tuesday, Coinbase revealed it has launched a beta version of “Embedded Wallets” for developers, offering integrated wallet creation, fiat onramps, token swaps, and 4.1% USDC rewards through a unified API suite. Coinbase Debuts Embedded Wallets Beta The new tool, part of the Coinbase Developer Platform (CDP), allows developers to incorporate self-custodied crypto wallets directlySource link
U.S Neobank Slash Debuts Stablecoin with Stripe’s Bridge for Global Business Payments
Slash, a San Francisco-based neobank for businesses, launched a payments and treasury platform powered by a new U.S. dollar stablecoin issued by Stripe's Bridge on Tuesday.The product, called the Global USD Account, is aimed at companies seeking U.S. dollar access and cross-border payments without a U.S. bank account. It introduces Slash’s own stablecoin, USDSL, which lets users store, send and receive dollars or stablecoins in one account, the company announced.The setup aims to shorten settlement times and remove foreign exchange fees for cross-border payments to U.S. suppliers, the company said in an interview with CoinDesk.Stablecoins, a type of cryptocurrencies pegged to external assets like the U.S. dollar, have grown into a $250 billion market, often touted as a faster, cheaper...
Strategy, Trump Media Helped Absorb Galaxy’s $9 Billion Bitcoin Sale: Novogratz
Galaxy recently sold 80,000 Bitcoin on behalf of a Satoshi-era investor. The company's Q2 earnings fell short of expectations.Source link
OpenAI and NVIDIA Collaborate to Enhance AI with New Open Models
OpenAI and NVIDIA have launched new AI models optimized for NVIDIA's infrastructure, promising advancements in AI development and application across various industries. (Read More)Source link
BNB Falls Below $750 as Crypto Market Sell-Off Erases Corporate-Fueled Optimism
BNB fell over 1% in the past 24 hours to briefly drop below the $750 support level, which it is currently holding on to. The drop came after a brief rally that moved it over the $760 line.The cryptocurrency’s previous rally was driven by corporate adoption and Binance product rollouts. The drop came as a wider market sell-off, triggered by bitcoin’s decline to $112,800, sparked $360 million in liquidations according to CoinGlass.Just a day earlier, BNB broke through key resistance levels at $759 and $761 on a coordinated wave of buying, according to CoinDesk Research's technical analysis model. Volume surged 50% above daily averages, fueled in part by Binance launching a web version of its wallet and opening bitcoin options...