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Coin Cloud crypto ATM operator files for bankruptcy, owes over $100M to Genesis

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The company was in “hyper-growth” in January 2022, now it has over 5,000 creditors and debts over $100 million; bankrupt Genesis is its largest creditor.

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Bitget to discontinue services for some users in one-off exercise  

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Bitget says user funds are safe and exchange will continue to operate during the change.

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Coin Market

Crypto PACs escalate spending against Sherrod Brown in Ohio Senate race

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At least two industry-aligned PACs have poured more than $52 million into opposing Sherrod Brown’s return to the Senate.

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Stablecoin remittances cost 84% less than traditional transfers, report finds

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Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.

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