Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
Stablecoins are no longer just about holding a digital dollar. Paxos launching USDGL in Singapore shows how issuers are trying to move into regulated yield-bearing products without losing the trust that stablecoin users
The post AngelList Drops Crypto Payments as Ripple’s Rail Partnership Ends on July 31 appeared on BitcoinEthereumNews.com.
Key Takeaways: AngelList will end the payment option for crypto after shutting down its ties with Rail on July 31, which is connected to Ripple. Until further notice, payments with USDC, USDT, DAI and ETH will not be accepted. Existing investments and accounts will not be affected and they are encouraged to convert to ACH and wire transfers. One of the largest venture capital platforms in the startup ecosystem, AngelList, is getting ready to disable crypto payment support. The company states that their partnership with stablecoin payment provider Rail, which is also part of Ripple will officially come to an end on July 31. AngelList shutting down crypto support. pic.twitter.com/LTVuKEpkLq — Alex Svanevik 🐧 (@ASvanevik) July 8, 2026 This will temporarily discontinue crypto funding for investors on the platform, which is significant, as prior to this, the platform
The post Nigerian Naira (NGN) and Vietnamese Dong: Why You Should Not Underrate The Fiat Currencies That Are Becoming Promising Markets for USDT and Bitcoin appeared on BitcoinEthereumNews.com.
Crypto exchange has long expanded beyond simple dollar and euro trading pairs. In many cases, users need to solve a specific task: buy USDT with local currency, exchange Bitcoin for fiat, receive money from abroad, or quickly convert funds for payments. As a result, local fiat currencies are becoming increasingly important within the exchange market. For these use cases, the exchange route itself becomes the deciding factor. NGN (the Nigerian naira) and VND (the Vietnamese dong) clearly illustrate this shift. Demand in these markets is driven by routine transactions involving local currencies, stablecoins, and Bitcoin. Most often, users are buying USDT, entering Bitcoin positions, or cashing out into local currency through a straightforward and efficient exchange route. If you already know what
The post AscendEX Withdrawal Crisis Deepens: ZachXBT Sets Minimum Threshold for Crypto Theft Cases appeared on BitcoinEthereumNews.com.
The AscendEX situation is getting worse, and ZachXBT is making sure the public knows exactly how bad it is. The on-chain investigator has now confirmed that the exchange’s hot wallet is effectively empty, ETH, USDT, and SOL nearly completely depleted, while deposits continue to flow in and the official team has gone more than nine days without making a single public statement. Internal leaks have added an uglier layer to the story: four months of unpaid employee salaries, a co-founder allegedly running a “family business” dynamic to keep staff compliant, and fabricated relationships used to maintain control as the whole operation appears to have unraveled from the inside. ZachXBT has also gone a step further, publicly revealing co-founder George (Jing) Cao’s Venmo account and telling affected users to chase their funds themselves, a move that reflects
The post The 3 fights that decide the CLARITY Act: Ethics, DeFi, and $1.35B in yield appeared on BitcoinEthereumNews.com.
The most consequential crypto bill in American history missed its July 4 signing target and sits on the Senate calendar with no floor vote scheduled. The reason is not procedure. It is three specific, unresolved fights: the President’s $1.4 billion in crypto income, a developer shield that police groups call a criminal loophole, and a stablecoin-yield question worth $1.35 billion a year to Coinbase alone. The Senate returns July 13 with three weeks to settle all three. Here is each fight, both sides, and the math. Summary Three unresolved disputes over ethics, DeFi developer protections, and stablecoin rewards continue to hold up the Senate vote on the CLARITY Act. The Senate has roughly three weeks before the August recess to secure enough bipartisan support and clear several procedural hurdles for the bill. The outcome could shape crypto regulation in the United S