Lazaro Campos takes the board role as the London-based company reports $300 million in assets locked and more than $1 billion in annual transaction volume.
Bitcoin fell below $80,000 as Alphabet and Samsung-drove tech weakness and a hawkish Fed hold triggered a broad risk-off move. Crypto futures saw $356 million in liquidations.
Prospective borrowers face collateral liquidation risks if bitcoin prices drop, though APX said property and crypto collateral will be handled distinctly.
Treating crypto as a political battleground only makes it harder to build the secure, transparent, American-made financial system that most Americans say they want, argues DeFi Education Fund’s Jennifer Rosenthal.
The largest card networks now sit in the top governance tier of x402, the standard that AI agents use to pay for things online. Albert Castellana of GenLayer Labs explains why that standard has no way to dispute a charge, and what happens when the payment settles but the agent receives something wrong or useless.