• Cryptocurrencies,  Technology

    Anchorage Digital, M0 Partner to Issue Stablecoins

    Goal is to serve a ‘growing universe of stablecoin builders’

    Crypto bank Anchorage Digital has announced a partnership with stablecoin minting protocol M0 in order to expand its stablecoin issuance offerings. The first federally chartered crypto bank, Anchorage Digital, is seeking to become the primary source serving what it calls the “growing universe of stablecoin builders” as they look to mint and manage regulated stablecoins. The offering comes at a time when more and more fintechs, financial institutions, and payment providers are using digital dollars in their core products. Western Union, for example, recently launched its own stablecoin, USDPT. With stablecoins now regulated in the U.S. under the GENIUS Act, companies interested in issuing stablecoins face stringent compliance requirements. A…

  • Cryptocurrencies,  Technology

    MoonPay Launches Mastercard for AI Agents

    MoonAgents Card will draw on an onchain wallet

    Crypto payments firm MoonPay has launched a new virtual debit Mastercard designed for AI agents as well as human users. Using stablecoins and offering merchants payment in fiat, the MoonAgents Card is accepted at any online merchant across 210 countries that accepts Mastercard. The card is issued through Monavate, a regulated global payments platform and principal member of the Mastercard network. The launch comes just a day after digital wallet and payment app startup Oobit announced the launch of a new stablecoin-backed corporate Visa debit card designed for AI agents. Unlike the Oobit card, the MoonAgents Card does not require users to pre-load a custodial balance in stablecoins, but rather…

  • Regulation,  Security,  Technology

    Polymarket Teams With Chainalysis to Detect Insider Trading

    Top prediction market seeks to clean up blockchain betting

    Prediction market Polymarket has partnered with blockchain analytics firm Chainalysis to track and reveal insider trading. There is growing concern about insider trading in prediction markets, in which users bet on the outcome of everything from sporting matches to elections. In April, an Army Green Beret was charged with using classified knowledge of the operation to capture Venezuelan President Nicholas Maduro to win $400,000. He has pled not guilty. Chanalysis will provide data analytics and monitoring systems, investigative tools to provide information for law enforcement and regulators, and onchain security capabilities to assist Polymarket in identifying and eliminating insider trading. The goal is to flag suspicious trading patterns indicating a…

  • Cryptocurrencies,  Technology

    Oobit Issues Debit Card Built for AI Agents

    A corporate card designed for non-human spenders

    Digital wallet and payment app startup Oobit has created a new stablecoin-backed corporate Visa debit card designed from the ground up for AI agents. Backed by Tether, Oobit’s new virtual Agent Card will give agentic bots the ability to make purchases autonomously, but with built-in spending limits and oversight. “The corporate card was designed seventy years ago for a human in a suit signing a paper receipt,” Oobit said in a release. “It is now being handed to autonomous software that makes hundreds of decisions a minute, and the results are exactly what you’d expect: no clear audit trail, no per-agent controls, no visibility into what was bought or why.”…