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US court freezes $57M USDC allegedly linked to LIBRA scandal
A federal court's temporary freeze of approximately $57 million in stablecoin assets highlights ongoing legal challenges and potential financial risks faced by parties involved in...
Read Full Article →BlackRock eyes 10% stake in Circle's IPO
A major investment firm intends to acquire about one-tenth of the shares in a stablecoin issuer’s public market debut, potentially impacting the company’s capital raised and shareh...
Read Full Article →USDC issuer Circle moves forward with initial public offering on NYSE
Circle’s stock market debut aims to raise capital through the sale of millions of shares, involving major investment banks to support its growth and enhance investor access to its...
Read Full Article →Bitget enters real-world asset race with yield-bearing BGUSD stable asset
Bitget’s launch of a yield-generating digital asset backed by tokenized real-world securities aims to attract investors seeking stable returns with reduced exposure to cryptocurren...
Read Full Article →Hyperliquid trader James Wynn goes ‘all-in’ on $1.25B Bitcoin Long
James Wynn’s substantial leveraged Bitcoin position, exceeding one billion dollars, underscores the heightened financial risk and potential reward involved in his large-scale crypt...
Read Full Article →US DOJ seizes $24M in crypto from accused Qakbot malware developer
The seizure of more than $24 million in digital assets from the alleged malware creator represents a significant financial blow aimed at disrupting criminal profits and supporting...
Read Full Article →Sui DEX Cetus hit by suspected hack: Over $200M in potential losses
The suspected breach on the decentralized exchange has potentially resulted in hundreds of millions of dollars in digital assets being illicitly transferred, significantly impactin...
Read Full Article →Yield-bearing stablecoins surge to $11B, now 4.5% of market: Report
The rapid growth of yield-bearing stablecoins to $11 billion highlights a significant shift in the crypto market, reflecting increased investor demand for interest-earning digital...
Read Full Article →Circle plans IPO but talks with Ripple, Coinbase could lead to sale: Report
Circle aims to raise approximately $5 billion through public offering efforts, but ongoing discussions with major crypto firms could alter its financial trajectory and potential ow...
Read Full Article →Panama City mayor teases Bitcoin reserve after meeting El Salvador's Bitcoin leaders
If implemented, a city-level digital currency fund in Panama City could enhance public finance options by enabling crypto transactions for municipal fees and potentially attracting...
Read Full Article →Tokenization makes investing more accessible — Robinhood exec
By enabling fractional ownership of assets typically limited to wealthy investors, tokenization has the potential to broaden market participation and increase liquidity in traditio...
Read Full Article →Pareto launches synthetic dollar backed by private credit
By enabling fully collateralized token issuance backed by private credit, the platform offers institutional investors access to decentralized finance while generating yield through...
Read Full Article →Coinbase’s x402: Crypto payments over HTTP for AI and APIs
Coinbase’s x402 protocol enables instantaneous, programmable stablecoin payments directly within web communications, facilitating seamless microtransactions crucial for AI-driven s...
Read Full Article →Kima joins Mastercard sandbox to enable stablecoin card top-ups
The collaboration enables prepaid card providers to leverage Kima’s infrastructure for seamless, compliant stablecoin funding from multiple blockchain wallets, potentially enhancin...
Read Full Article →RedotPay enters South Korea with crypto-powered payment cards
RedotPay’s introduction of cryptocurrency-enabled payment cards in South Korea could influence the financial landscape by offering real-time stablecoin transactions and expanding c...
Read Full Article →Stripe rolls out stablecoin accounts in over 100 countries
By enabling access to digital dollar-denominated accounts across numerous countries, the new service may enhance cross-border transactions and provide greater financial inclusion i...
Read Full Article →Hacker from 2022 Voltage Finance exploit moves ETH to Tornado Cash
Following a major security breach in 2022, a significant amount of misappropriated cryptocurrency was transferred to a privacy-focused mixing service, highlighting ongoing risks an...
Read Full Article →World Liberty Financial floats USD1 airdrop to WLFI holders
World Liberty Financial aims to strengthen its platform by distributing a small amount of a new stablecoin to early token holders, helping to validate its smart contract system and...
Read Full Article →Zerebro dev’s death in question as ‘proof’ surfaces on X
Following the controversy, significant token movements linked to the developer raised concerns about market manipulation, impacting the valuation and liquidity of both Zerebro and...
Read Full Article →Research DAO claims paralyzed rats recover after spinal cord fix
HydraDAO’s funded research project has the potential to generate significant income through the sale of specialized surgical equipment and professional training programs for medica...
Read Full Article →Fresh $1B in Tether mints on Tron, closing gap again with Ethereum
The recent significant increase in stablecoin issuance on the Tron blockchain highlights its growing prominence in digital asset liquidity and intensifies competition with Ethereum...
Read Full Article →Most shops in Cannes to accept crypto by summer this year — Web3 exec
Cannes merchants are preparing to accept cryptocurrency payments by summer 2023, aiming for widespread adoption to attract affluent clientele and modernize the city's economic land...
Read Full Article →Circle’s Refund Protocol, explained: Bringing refunds to stablecoin payments
The implementation of Circle's Refund Protocol enhances consumer trust in stablecoin transactions by providing a secure, transparent mechanism for resolving disputes and facilitati...
Read Full Article →Stablecoins: Depegging, fraudsters and decentralization
The increasing interest of major financial institutions in launching stablecoins, coupled with enhanced regulatory clarity, underscores their potential to integrate blockchain tech...
Read Full Article →Crypto losses spike 1,100% in April with 5th-largest-ever hack: CertiK
In April, the total value lost to crypto hacks, exploits, and scams surged to $364 million, primarily fueled by a significant theft involving an elderly individual's wallet and inc...
Read Full Article →Stablecoins on track for $2T market cap by 2028 — US Treasury
According to a recent report by the US Treasury, the market capitalization of US Dollar-pegged stablecoins is projected to grow significantly, potentially reaching $2 trillion by 2...
Read Full Article →Tether plans US stablecoin launch as soon as this year — Report
Tether is preparing to introduce a new stablecoin in the U.S. market by the end of this year, aiming to expand its dominance amid evolving regulatory frameworks and emerging compet...
Read Full Article →Global demand grows for non-dollar stablecoins, says Fireblocks exec
Interest in non-dollar stablecoins is rising globally, particularly among governments like Singapore and in the European Union, amid concerns over dollar-pegged coins' systemic ris...
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