admin - Credit Smart Path

Phantom Wallet Fuels Derivatives Ambition, Acquires Hyperliquid’s AI Perps Team

July 17, 2026 by admin

The core team behind Ventuals, a project that pioneered perpetual futures trading for private company valuations like OpenAI and Anthropic on the Hyperliquid exchange, has joined crypto wallet giant Phantom. This strategic acquisition signifies Phantom’s aggressive expansion into the burgeoning perpetual futures market, further transforming crypto wallets into comprehensive financial platforms. Phantom Bolsters Perpetual Futures … Read more

Nasdaq Bridges TradFi & DeFi: TotalView Market Data Streams to Blockchain via Pyth Network

July 17, 2026 by admin

Nasdaq, a leading global stock exchange operator, is strategically expanding its market data distribution by integrating its flagship equity data product, TotalView, directly into blockchain infrastructure. This pivotal move, announced on Tuesday, June 30, 2026, involves making TotalView available through the Pyth Network, reflecting a significant convergence of traditional finance (TradFi) and decentralized finance (DeFi) … Read more

Tokenized Securities: Fueling US Market Evolution Through Competition, Not Control

July 17, 2026 by admin

The Inexorable Evolution of US Capital Markets America’s financial markets consistently lead the global stage due to their remarkable capacity for adaptation. Historically, we have witnessed significant transformations, from the transition of cumbersome paper certificates to efficient book-entry records, and the shift from bustling trading floors to advanced electronic markets. These changes streamlined manual processes, … Read more

MetaMask Redefines Stablecoin Utility with ‘Money Account’: Earn, Spend, Trade in One Wallet

July 17, 2026 by admin

MetaMask introduces a groundbreaking self-custodial account, the ‘Money Account,’ designed to seamlessly integrate stablecoin yield generation, payment functionalities, and direct trading within a unified platform. This strategic move signals a significant evolution for crypto wallet providers, transitioning from mere asset storage tools to comprehensive financial ecosystems. Integrated Stablecoin Finance: A New Paradigm Announced by MetaMask … Read more

Circle (CRCL) Plunges >17% as Stripe, Coinbase, BlackRock Back Rival Open USD Stablecoin

July 17, 2026 by admin

Circle (CRCL) shares experienced a significant downturn, tumbling over 17% to a four-month low on Tuesday, following the unveiling of Open USD. This new stablecoin initiative, championed by an influential consortium of payment, banking, and crypto powerhouses, positions itself as a direct challenge to established players like Circle’s USDC. Open USD: A New Challenger Emerges … Read more

Clarity Act’s Uphill Battle: Jefferies Warns of Lingering Crypto Market Volatility Amid Senate Standoff

July 17, 2026 by admin

Investment banking giant Jefferies has issued a stark warning regarding the U.S. Clarity Act, emphasizing its arduous path through the Senate despite initial progress. The firm projects continued volatility across cryptocurrency markets and related equities as the legislative future of this pivotal bill remains uncertain. The Clarity Act aims to establish clear regulatory guidelines for … Read more

Miles Guo Receives 30-Year Sentence for $1 Billion Crypto Fraud Tied to Steve Bannon

July 17, 2026 by admin

Chinese businessman Miles Guo, also known as Ho Wan Kwok, has been sentenced to 30 years in prison for orchestrating a massive $1 billion cryptocurrency fraud scheme. The sentencing follows his 2024 conviction on multiple charges, including racketeering, fraud, and money laundering. This case highlights the severe consequences for illicit financial activities within the digital … Read more

SEC Reevaluates Novel ETFs: Implications for Crypto & Future Investments

July 17, 2026 by admin

The U.S. Securities and Exchange Commission (SEC) has initiated a comprehensive reevaluation of its regulatory approach to novel exchange-traded funds (ETFs). This crucial review specifically targets innovative investment vehicles, including those linked to the burgeoning cryptocurrency sector. The Commission has opened a 60-day public comment period, inviting stakeholders to provide input on potential changes to … Read more

Stablecoin Showdown: Open USD Challenges Circle’s Dominance, Sparks CRCL Volatility

July 17, 2026 by admin

Circle (CRCL) shares plummeted on Tuesday, reflecting investor jitters following the unveiling of the new Open USD stablecoin network. While the market reaction drove a significant 16% selloff in Circle’s stock, financial analysts suggest this could be an overreaction to a nascent, albeit potent, competitive threat. The newly formed Open Standard consortium boasts an impressive … Read more

AI Investments Drive Significant Job Growth, Dispelling Layoff Concerns: Ramp Study Reveals

July 17, 2026 by admin

A new study from Ramp, a prominent financial operations platform, unequivocally challenges the prevailing narrative that generative Artificial Intelligence (AI) is destined to trigger widespread white-collar layoffs. The comprehensive analysis indicates that companies making substantial investments in AI are, in fact, expanding their workforces rather than contracting them. This finding offers a crucial counterpoint to … Read more