Crypto wallet maker Exodus Movement has launched a new stablecoin designed expressly for AI agent commerce. The Solana-based XO Cash stablecoin and its software toolkit will let AI agents make payments without giving them control over private keys. Built with the on-and-off-ramp fintech MoonPay, XO Cash lets developers create wallets linked to an agent while setting spending limits and issuing…
-
-
2026 Wrench Attacks Spike to $101M
Violent crypto thefts double 2025 losses in four months
Violent wrench attacks against wealthy crypto holders have spiked in the first four months of 2026, with more than $101 million stolen. Europe leads the way with this type of theft, with France the epicenter of these attacks. Of the 34 wrench attacks documented by crypto security firm CertiK so far this year, 28 were in Europe and 24 in…
-
65% of Crypto Card Spending On Everyday Expenses: Survey
EU cardholders most likely to spend on groceries, online shopping
Fully 65% of crypto card spending is on everyday expenses, according to a new survey of European card holders. Looking at a survey of 1,000 Simple Wallet cardholders found that 65% of transactions were for “routine expenses such as groceries, subscriptions like Netflix and Spotify, transport, utilities, online shopping, and cafes.” About 18% went to travel and cross-border spending, while…
-
Tech Firms Bringing Stablecoin Payments to Masses: Bitwise
This will also bring millions into the crypto economy
Tech companies with big distributed gig worker bases will help expand stablecoins into a $4 trillion business. Along the way, they will help bring millions of investors into the crypto economy. That’s according to Matt Hougan, chief investment officer of crypto asset manager Bitwise, who pointed to a pair of pilot programs by DoorDash and Meta to pay gig workers…
