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Walmart and Amazon Are Exploring Issuing Their Own Stablecoins — WSJ

Walmart and Amazon Are Exploring Issuing Their Own Stablecoins — WSJ

By Gina Heeb, AnnaMaria Andriotis and Josh DawseySome of the biggest merchants are exploring how to issue or use stablecoins, potentially shifting the high volumes of cash and card transactions that they handle outside the traditional financial system and saving them billions of dollars in fees.Walm…

Amazon, Walmart Shares Move Down on WSJ Report of Companies Exploring Issuing Stablecoins

Amazon, Walmart Shares Move Down on WSJ Report of Companies Exploring Issuing Stablecoins

By Denny JacobShares of Amazon.com and Walmart edged down in premarket trading following a report in The Wall Street Journal that said they're among the companies exploring how to issue or use stablecoins.On Friday shares of Amazon ticked down 2% to $208.91 in premarket trading, while Walmart ticked…

Binance re-entry could challenge Coinbase in near term, brokerage says

Binance re-entry could challenge Coinbase in near term, brokerage says

** Crypto exchange Coinbase's stock faces the biggest short-term risk from rival Binance's potential re-entry into the U.S., analysts at brokerage firm William Blair say** With a domestic market share of more than 50%, COIN has emerged as the exchange of choice for U.S. users ** The company also sn…

MCQ Markets Launches McQueen Garage Inc For Rapid Collector Car Trades Powered by the Dogecoin Blockchain

MCQ Markets Launches McQueen Garage Inc For Rapid Collector Car Trades Powered by the Dogecoin Blockchain

MIAMI, June 10, 2025 (GLOBE NEWSWIRE) — MCQ Markets, an emerging leader in the automotive alternative asset investment space, is proud to announce the official launch of its new entity, McQueen Garage. A dynamic new division designed to operate as a high-velocity auto trading platform providing in…

MicroStrategy's New Preferred Stock Is Getting Lackluster Demand; It Could Yield 11.75%. — Barrons.com

MicroStrategy's New Preferred Stock Is Getting Lackluster Demand; It Could Yield 11.75%. — Barrons.com

Andrew BaryMicroStrategy's new preferred stock offering could yield about 11.75% amid what appears to be lackluster investor demand for a deal that is expected to be priced late Thursday.The company — the largest corporate Bitcoin holder — plans to sell 2.5 million shares of the 10% perpetual prefer…

Court Rejects Bancor's Bid to Dismiss Lawsuit — Here’s How You Can Recover Your Losses

Court Rejects Bancor's Bid to Dismiss Lawsuit — Here’s How You Can Recover Your Losses

Court: W.D. Texas Case: 23-CV-00533Bancor requested the court to dismiss filed by investors, but the court has denied this motion. The case will proceed.What is this lawsuit about?On June 12, 2017, Bancor (operated by BProtocol Foundation) raised $153 million through an ICO, allegedly offering and …