Solana News: SoFi Just Launched a Bank-Backed Stablecoin With Monthly Audits and a 4.2% Yield

In the latest Solana news, SOFIUSD, a dollar-pegged stablecoin launched by SoFi, a publicly traded, bank-chartered fintech with 15.4 million members, on both the Ethereum and Solana networks in early 2026. Every token is backed 1:1 by a reserve portfolio consisting of 85% short-term U.S. Treasury bills and 15% cash held at FDIC-insured institutions, with…

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Zama Users Lose Access to $12.6M USDC After Circle Executes Court-Ordered Blacklist – Bitcoin News

Key Takeaways Circle blacklisted Zama’s cUSDC Ethereum contract on May 30, 2026, freezing $12.6M in pooled USDC funds. A U.S. federal court TRO tied to Newton AC/DC Fund LP’s lawsuit against Maxim Ermilov triggered the freeze. Zama plans to isolate the flagged deposit before a June 1 hearing to restore access for unaffected users. Circle’s…

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Coldcard MK5 ships with 5 major wallet upgrades

Coinkite launched the Coldcard MK5, its first hardware upgrade to the flagship Bitcoin wallet since 2022. Summary The Coldcard MK5 features a 1.54-inch Gorilla Glass display, redesigned tactile buttons, and improved NFC for smoother Bitcoin transactions. The wallet retains the MK4’s dual secure element architecture from two different chip vendors, keeping private keys fully air-gapped….

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TikTok’s road to becoming a super app

Although TikTok is widely described as a social media giant, it’s been gradually moving beyond that category. Over time, the video app added TikTok Shop, a map for local discovery, robust search, games, and so much more. Now, it has recently added hotel booking capabilities and is pursuing a fintech license.  It appears that TikTok…

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