Web Stories Tuesday, October 27
USDC Overtakes USDT in Euro Trading as MiCA Rules Take Hold

Circle’s USDC (USDC) has overtaken Tether’s USDt (USDT) in stablecoin trading against the euro, as European Union regulations increasingly favor bloc-compliant stablecoins, according to a new Kaiko report.USDC now accounts for 56% of stablecoin trading against the euro, up from just 10% in January 2024, according to Kaiko data. The shift accelerated after major exchanges restricted USDT trading for customers in the European Economic Area under the Markets in Crypto-Assets Regulation (MiCA).USDC has also overtaken…

United States

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Politics

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FBI raids Beverly Hills mansion as part of Eric Swalwell investigation

NEWYou can now listen to Fox News articles! BEVERLY HILLS – Federal authorities raided a California mansion related to an investigation into disgraced former Rep. Eric Swalwell, D-Calif., on Tuesday morning, Fox News has learned.Swalwell resigned from Congress and withdrew from the California gubernatorial race earlier this year after facing…

Business

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Crypto Could Outperform AI Stocks: Wall Street’s Jordi Visser

Cryptocurrencies could deliver a better payoff from the artificial intelligence boom than AI stocks themselves, according to Visser Labs founder Jordi Visser.Explosive gains in AI stocks are becoming harder to repeat, Visser tells Cointelegraph’s Trade Secrets. At the same time, AI agents are creating demand for crypto payments and tokenized…

Lifestyle

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First fossil evidence of marine amphibian stuns paleontologists: ‘Very unusual’

Was it a sea-lamander? Scientists have discovered the first-ever fossil evidence of sea-dwelling amphibians, potentially upending everything we know about the animal class. “It’s a sort of very unusual member of the lineage,” co-author and paleontologist Ryosuke Motani, of the University of California, Davis, said in a statement. Dubbed Gerrothorax…