includes – Earlybirds Invest https://earlybirdsinvest.com Latest Crypto News Wed, 03 Sep 2025 19:54:34 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.7 https://i0.wp.com/earlybirdsinvest.com/wp-content/uploads/2024/12/cropped-New-Project-2024-12-17T235703.455.png?fit=32%2C32&ssl=1 includes – Earlybirds Invest https://earlybirdsinvest.com 32 32 240146708 Fed includes stablecoins and DeFi in October conference on payments innovation https://earlybirdsinvest.com/fed-includes-stablecoins-and-defi-in-october-conference-on-payments-innovation/ https://earlybirdsinvest.com/fed-includes-stablecoins-and-defi-in-october-conference-on-payments-innovation/#respond Wed, 03 Sep 2025 19:54:33 +0000 https://earlybirdsinvest.com/fed-includes-stablecoins-and-defi-in-october-conference-on-payments-innovation/

The Federal Reserve Board announced on Sept. 3 that it will host a payments innovation conference on Oct. 21, where it will discuss stablecoins, DeFi, and tokenization.

The conference will feature panel discussions on the convergence of traditional and decentralized finance, emerging stablecoin use cases and business models, artificial intelligence applications in payments, and tokenization of financial products and services.

Federal Reserve Governor Christopher Waller emphasized the conference’s focus on technological advancement, stating that innovation has been a constant in payments to meet the changing needs of consumers and businesses.

Waller noted his anticipation for examining opportunities and challenges presented by new technologies while gathering ideas to improve payment system safety and efficiency.

Building on recent stablecoin focus

The conference follows extensive Federal Open Market Committee discussions on stablecoins during the July 29-30 meeting, where officials analyzed potential financial system impacts following passage of the GENIUS Act.

The comprehensive federal stablecoin framework, signed into law on July 18, established regulatory clarity that FOMC members cited as a driver for projected growth in stablecoin usage.

Fed minutes revealed officials’ recognition of stablecoins’ potential benefits, particularly for payment system efficiency and increased demand for Treasury securities used as collateral.

However, participants expressed concerns about broader banking system implications and emphasized the need for close monitoring of stablecoin backing assets.

The central bank’s proactive approach reflects a growing acknowledgment of the relevance of digital payment systems to its monetary policy and financial stability responsibilities.

Supportive stance

Governor Waller has consistently supported blockchain-based payment innovation, recently declaring “there is nothing scary” about DeFi operations at the Wyoming Blockchain Symposium.

He compared DeFi transactions to conventional debit card purchases, framing smart contracts and distributed ledgers as natural technological evolution rather than disruptive threats.

Waller credited stablecoin development with extending dollar accessibility globally, particularly benefiting high-inflation countries lacking affordable banking services.

He highlighted their potential to “maintain and extend the role of the dollar internationally” through 24/7 availability and rapid transferability.

The October conference represents the Fed’s commitment to understanding how emerging payment technologies might integrate with existing monetary infrastructure while addressing regulatory challenges and opportunities in the evolving digital payments landscape.

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Shocking security breach of 16 billion logins includes Apple IDs https://earlybirdsinvest.com/shocking-security-breach-of-16-billion-logins-includes-apple-ids/ https://earlybirdsinvest.com/shocking-security-breach-of-16-billion-logins-includes-apple-ids/#respond Wed, 18 Jun 2025 21:02:35 +0000 https://earlybirdsinvest.com/shocking-security-breach-of-16-billion-logins-includes-apple-ids/

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FTX continues to exclude Nigeria and China in remaining creditor repayments but includes Payoneer https://earlybirdsinvest.com/ftx-continues-to-exclude-nigeria-and-china-in-remaining-creditor-repayments-but-includes-payoneer/ https://earlybirdsinvest.com/ftx-continues-to-exclude-nigeria-and-china-in-remaining-creditor-repayments-but-includes-payoneer/#respond Wed, 11 Jun 2025 08:39:14 +0000 https://earlybirdsinvest.com/ftx-continues-to-exclude-nigeria-and-china-in-remaining-creditor-repayments-but-includes-payoneer/

FTX, the bankrupt crypto exchange, has added Payoneer to its creditors’ repayment options, according to a June 10 statement.

The new company would serve as an additional asset distribution channel, alongside BitGo and Kraken.

Payoneer operates a global payments platform across more than 190 countries and territories. Under the agreement, Payoneer will help distribute funds to retail customers in eligible jurisdictions, which aligns with FTX’s ongoing reorganization plan.

This new option will be available for all future distributions made after May 30, 2025.

FTX clarified that customers choosing this method will waive their right to direct US dollar distributions. Instead, the bankrupt exchange will transfer funds to Payoneer, which will credit the customer’s chosen bank account.

The company stressed that the value received will align with each customer’s entitlement under the plan, regardless of currency.

This development follows FTX’s recent completion of two significant repayment phases. The exchange returned nearly $7 billion to creditors across both rounds, roughly $1.8 billion in the first phase and $5 billion in the second.

Notably, retail investors with smaller claims were repaid mainly in full, while larger creditors with claims exceeding $50,000 have faced limits on full recovery.

FTX creditors in Nigeria and China remain excluded

Despite adding Payoneer to the distribution process, FTX’s repayment reach remains incomplete.

Thomas Braziel, a specialist in FTX claims at 117 Partners, pointed out that the new channel primarily benefits customers in India, Indonesia, Japan, and select US states where restrictions on crypto custodians previously blocked payouts.

He furthered that many FTX creditors in key markets like Russia, China, Egypt, and Nigeria remain sidelined from the ongoing repayment process.

Interestingly, creditors from these countries made up a significant portion of FTX’s user base before its collapse. For context, FTX’s data shows that creditors from China alone represent 8% of total claims.

The ongoing lack of access for these regions highlights persistent gaps in FTX’s global asset recovery, raising concerns about fairness and transparency as the process progresses.

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Runners, rejoice! The Amazon Memorial Day sale includes $100 OFF our favorite smartwatch for runners https://earlybirdsinvest.com/runners-rejoice-the-amazon-memorial-day-sale-includes-100-off-our-favorite-smartwatch-for-runners/ https://earlybirdsinvest.com/runners-rejoice-the-amazon-memorial-day-sale-includes-100-off-our-favorite-smartwatch-for-runners/#respond Mon, 26 May 2025 01:58:52 +0000 https://earlybirdsinvest.com/runners-rejoice-the-amazon-memorial-day-sale-includes-100-off-our-favorite-smartwatch-for-runners/

Those in need of a good deal on a fitness smartwatch are in luck this Memorial Day. As part of the holiday sale, Amazon has cut $100 off the price of the Garmin Forerunner 265, which is our favorite smartwatch for runners.

The Forerunner 265 offers a cheaper price point than the 965, and it still includes a bright, color AMOLED display, and a handful of useful training metric programs, activity profiles, and more.

This particular deal is for the 46mm size of the watch, which is available in a few different colors including Aqua and Black, Black Powder and Gray, and Whitestone and Tidal Blue.

✅Recommended if: you’re looking for a basic Garmin smartwatch with running and fitness features; you prioritize battery life when it comes to a smartwatch; you want a watch with more traditional button controls.

❌Skip this deal if: you’d rather upgrade to the Forerunner 955 or other watches with advanced mapping features; you want a smartwatch that looks more like a traditional watch and less like a fitness watch.

We’ve picked the Garmin Forerunner 265 as the best running watch around, and in no small part due to its vibrant AMOLED display, the addition of a touchscreen, physical buttons and a highly accurate set of tracking features. Similar to the Forerunner 955 without the inclusion of wilderness maps, the 265 is the perfect pick for most runners and basic fitness enthusiasts, and it still includes GPS.

Garmin says the 265 will get users up to 13 days of battery life in smartwatch mode, or up to 20 hours when running in GPS mode. It also includes more than 30 onboard activity profiles, including running, open-water swimming, cycling, triathlons, and a wide range of others, still.

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