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Latest from Helene Braun
Altcoin Plunge Leads Crypto Lower; Bitcoin Slips 0.7% to $29,150
Traditional markets fell sharply as well, with the major U.S. stock indexes shedding more than 1% on Tuesday.

Binance to Shut Down Crypto Payments Service Amid Refocus On Core Products
The service was rolled out in March last year, in an effort to make traditional financial companies “crypto-ready.”

Visa Tests Way to Make Paying Ethereum Gas Fees Easier
The process is too complex for the masses, the company said.

Animated Series Futurama Takes Characters to 'Doge City,' Mocks Crypto Miners
In its latest episode, which aired on Aug. 7 on streaming platform Hulu, the characters attempt to make money by selling thallium, a toxic metal used to mine crypto in the shows, to crypto miners in “Doge City.”

Private Equity Giant David Rubenstein Makes the Case for Bitcoin
Asset management leader BlackRock’s interest in a spot bitcoin ETF is among the signals that the cryptocurrency isn’t going anywhere, said the Carlyle Group co-founder.

Cathie Wood and Mike Novogratz Are Both Bullish on Spot Bitcoin ETF Approvals
Wood expects the SEC to approve multiple funds all at once, and Novogratz says his sources say they see approvals coming in four to six months.

Paxos Has Other 'White Label' Stablecoin Opportunities in the Works in Addition to PayPal USD
Paxos is the issuer of PYUSD, the dollar-backed stablecoin launched by the payments giant on Monday.

PayPal’s Regulated Stablecoin Is ‘Watershed Moment’ in Crypto, Says Partner Paxos
That's because the token is being issued by Paxos, a regulated company, which means holders will have more protections, a Paxos exec says.

Miami Mayor Francis Suarez to Accept Presidential Campaign Donations in Bitcoin
The move is part of a "process of developing technologies that are going to create democratizing opportunities for wealth creation," Suarez said in an interview on CoinDesk TV on Friday.

Elon Musk’s X Seeks Data Partner to Build Trading Service on App: Semafor
Given the billionaire's affinity for digital assets, the offering could include crypto trading.
