Stablecoin issuers like Tether rake in an estimated $10 billion in profit by parking user deposits in Treasuries. Apps such as Coinbase demand revenue-sharing or launch their own stablecoins. Users in developed markets push for yields, while emerging market users prioritize inflation hedge. Blockchain Capital predicts users may end up with most of the profit.
Hamster Kombat's Daily Combo for June 12, 2026 is live on Telegram, offering 5 million in-game coins. This article breaks down the card combo, a 5-step guide, key tips, and safety warnings.
Grayscale is negotiating a roughly 2 million HYPE (worth ~$115M) seed capital for its proposed Hyperliquid Staking ETF, to list on Nasdaq under HYPG. The move deepens institutional exposure to on-chain derivatives, with HYPE trading at $60.99, up 1% in 24 hours.
Competition in crypto digital banking is moving beyond stablecoin cards. Custodial platforms lead on user experience, but long-term economics appear tied to lending books, banking licenses, on-chain credit models, and control of core infrastructure.
Binance marked its ninth anniversary this week, and the timing matters because the exchange has been leaning harder on one phrase this year: "Super App." The ABMedia article argues that this is more than branding. It frames the evolution of financial super apps around two variables — how strong the user entry point is, and how open the settlement layer becomes. In the first phase, companies such as WeChat, Alipay, Grab and Gojek built closed ecosystems around daily user habits and private payment rails. In the second, blockchain widened the settlement layer, letting capital move across borders, platforms and wallets with far less friction. That shift, the article says, opened the door for crypto-native platforms to expand beyond token trading into broader financial access. The piece uses Binance as a case study. It points to Binance Stock Trading, bStocks and Binance AI Pro as examples of how the company is trying to move from exchange app to broader financial interface. The article also argues that a third phase could emerge as AI agents become the new front end for finance, while stablecoins act more like a public settlement rail underneath. Whether Binance becomes a defining player in that phase remains unproven, but ABMedia places the company near the front of that transition.
Foundry Digital’s Zcash mining pool captured about 29% of network hashrate within a month of launch, nearly matching ViaBTC’s prior dominance. Its institutional, compliance-focused model could reshape Zcash mining.
Circle’s stock has climbed more than 288% since its NYSE debut, with shares rising from a $31 IPO price to above $120. Ark Invest’s buying and strong trading activity have intensified debate over whether the rally reflects lasting confidence or short-lived IPO hype.
Sportsbook giants Draftkings and Flutter disclosed market-making activities in prediction markets during Q1 2026 earnings, shifting from consumer products to infrastructure. This move weakens the peer-to-peer narrative and raises regulatory questions.
