The post Arthur Hayes Sued Again as BitMEX Hit With New Class Action Lawsuit appeared first on Coinpedia Fintech News BitMEX and its founders, Arthur Hayes, Samuel Reed, and Ben Delo, are facing a new class action lawsuit just one day after the crypto derivatives exchange shut down. The lawsuit alleges the exchange secretly traded against its own users through an internal trading desk, with plaintiffs BKX Services and David Namdar claiming combined losses of …

The post Google Stock Falls as AI Spending Plan Raises Investor Concerns appeared first on Coinpedia Fintech News Google stock fell after the company increased its full-year capital expenditure guidance to as much as $205 billion, reflecting higher investment in AI infrastructure. The expanded spending plan raised concerns among investors about rising costs before AI projects generate meaningful financial returns. The market reaction highlights growing scrutiny over whether large AI investments will translate …

The post BTC Price Nears Key Resistance While On-Chain Data Paints a Mixed Picture—What’s Next for Bitcoin? appeared first on Coinpedia Fintech News Bitcoin (BTC) price has rebounded nearly 12% from its July low of around $57,800, climbing back to nearly $65,000 as buyers continue defending an ascending channel. The recovery has brought the world’s largest cryptocurrency within striking distance of the key $67,300 resistance, where a decisive breakout could pave the way toward $70,000 and beyond. However, …

The post HUT Stock Gains After Morgan Stanley Starts Coverage With Overweight appeared first on Coinpedia Fintech News Hut 8 Corp. (NASDAQ: HUT) stock surged more than 7% yesterday after Morgan Stanley initiated coverage on Hut 8 with an “Overweight” rating, adding fresh institutional support to a company increasingly viewed as more than a Bitcoin miner. The bullish call helped HUT stock break off a multi-week trendline, reversing recent weakness and placing HUT …

The post XRP News Today: Ripple Expands RLUSD for Institutions Despite 26% Drop in Transfer Volume appeared first on Coinpedia Fintech News Ripple is doubling down on institutional adoption of its RLUSD stablecoin with two new initiatives despite on-chain data showing monthly transfer volume has dropped by 26%.  While transaction activity has slowed, the stablecoin continues to attract new users and expand across multiple blockchain networks. Ripple Targets Institutions With RLUSD Mint and Notabene On 23 July, …

The post How Cryptocurrency Is Reshaping Digital Payments Beyond Investing appeared first on Coinpedia Fintech News For many people, cryptocurrency is still associated primarily with investing and price speculation. However, blockchain technology has matured significantly over the past decade, and digital assets are increasingly being used for everyday transactions. Companies across industries – from e-commerce and gaming to travel and financial services – are integrating crypto payment solutions into their platforms. …

The post Crypto VC Funding Report : Why Are Crypto Investors Betting Big on Prediction Markets? appeared first on Coinpedia Fintech News CryptoRank Research compared average and median funding round sizes, revealing how unevenly venture capital is distributed across different crypto sectors. Some segments are growing thanks to a few mega-deals, while others consistently attract large investments across the entire market. Prediction Markets Lead in Average Round Size Unlike total funding volume, the average investment size highlights …

The post Robinhood Hack: CEO Denies Crypto Token Launch After X Account Hack appeared first on Coinpedia Fintech News Robinhood CEO Vlad Tenev said the company has not launched any cryptocurrency token after his X account was compromised to promote a fake meme coin. Tenev said Robinhood is awaiting more details from X about the incident. The company’s communications team confirmed the account hack, stating the fraudulent post had been removed and access restoration …

The post South Korea Crypto: 29 Overseas Exchange Apps Removed From Google Play appeared first on Coinpedia Fintech News South Korea’s crypto market has tightened access to overseas exchanges after at least 29 major crypto exchange apps became unavailable for new downloads on Google Play. The affected platforms include OKX, Bybit, MEXC, KuCoin, Gemini, Backpack, and BitMEX. Google requires crypto exchanges and custodial wallet apps serving South Korean users to register as local Virtual …

The post Samsung Wallet Adds Stablecoin Support, Expands Crypto Services appeared first on Coinpedia Fintech News Samsung Wallet will add stablecoin support as the company expands the app into a broader financial platform. Announced at the Galaxy Unpacked event, the update will let users manage new forms of digital value alongside payments and rewards. Samsung showcased a wallet interface featuring Circle’s USDC, although it did not confirm partnerships with any stablecoin …