Circle has raised $222 million to develop Arc, its own layer-one blockchain designed to host its USDC stablecoin as the native asset. This move shifts Circle from just issuing stablecoins to owning the infrastructure they settle on, creating a potential conflict of interest since Circle could prioritize its own stablecoin over competitors on Arc. Current stablecoin regulations like the GENIUS Act do not address this issue, as they focus on the coin issuer but not on ownership of the settlement network. Regulators face pressure to establish rules ensuring neutrality and fair governance for such blockchain infrastructure before Arc becomes widely adopted and difficult to regulate.
JOYY Inc. posted a 12.4% year-over-year revenue increase to $555.7 million in Q1 2026, driven by growth in social entertainment, BIGO Ads, and SHOPLINE e-commerce segments. BIGO Ads revenue surged 55.6%, while SHOPLINE grew 16.1%. The company also an...
Silvercorp Metals Inc. has submitted an application for a triple primary listing of its common shares on the Hong Kong Stock Exchange's Main Board, accompanied by a global offering of shares. This move aims to expand the company's investor base and e...
Archax, the UK's first FCA-regulated digital securities exchange, is integrating its tokenization platform with the Aptos blockchain, bringing over 100 regulated tokenized securities and real-world assets onchain. The first product launched is the Me...
Last week, spot Bitcoin ETFs experienced significant net outflows totaling $1.257 billion, the largest weekly outflow since December 2025. BlackRock’s IBIT led the outflows with $448.4 million withdrawn. This outflow coincided with a Bitcoin price dr...
DeXe (DEXE) surged 14.38% to $17.38, leading the altcoin market gains thanks to recent partnerships and platform upgrades. Other notable gainers include NEAR Protocol, Worldcoin, Injective, and Render, each rising between 8.9% and 13.9%. On the downs...
