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UK House of Lords committee calls on Bank of England to reconsider proposed stablecoin restrictions
The Bank of England proposed limits of 20,000 pounds per coin for individuals and 10 million pounds for businesses.
Coinbase backs Ethena ahead of savings product launch for exchange's 100 million users
Coinbase Ventures, the exchange's venture arm, bought Ethena tokens on the open market as the protocol is set to roll…
Ethena taps Anchorage for secure offchain collateral in institutional lending push
Ethena began pivoting toward overcollateralized institutional lending in April as part of a major overhaul of USDe re…
Ripple is bringing its regulated RLUSD stablecoin to MENA’s biggest crypto market
Ripple is pushing its dollar-backed stablecoin into Turkey, betting that one of the world’s most active digital-ass…
Coinbase investing into stablecoin reserves ETF issued by ProShares
The fund, called ProShares GENIUS Money Market ETF, has $22 billion in assets under management and launched this year.
Following token-dumping scandal, Movement seeks new life as a Layer 1
Move Industries has partnered with several firms, including Circle, as it relaunches Movement as a Layer 1 and refocu…
Ripple’s dollar stablecoin expands to Turkey through three local platforms
BiLira, Bitexen and Bitlo will make Ripple’s RLUSD stablecoin available to Turkish institutions.
Veda brings the vault stack behind Kraken DeFi Earn to Privy’s 2,000-plus developer teams
The same vault stack powering Kraken DeFi Earn and EtherFi's Liquid will be available via a self-serve API for develo…
MoneyGram debuts MGUSD stablecoin on Stellar for its global payments network
MoneyGram launched MGUSD, a USD stablecoin on Stellar backed by Bridge and Fireblocks, targeting 60M+ customers for c…
MoneyGram launches stablecoin on Stellar, joining rush toward digital dollar payments
MGUSD, issued by Stripe's Bridge, will power services across MoneyGram's global network as stablecoins gain traction …
Mt. Gox moves $739 million worth of bitcoin to two addresses: Arkham
Mt. Gox transferred a combined 10,306 BTC to an unmarked address and its hot wallet early Tuesday, according to Arkham.
Unable to recover from roughly $50 million hack, Radiant Capital is winding down
Radiant Capital said it hasn't been able to recover a meaningful amount of funds or raise new capital since the 2024 …
Dogecoin gains access to Paxos network used by PayPal and Venmo
House of Doge struck partnership with Paxos to integrate DOGE across the firm's enterprise-grade brokerage and custod…
Japan's ruling party supports crypto ETF trading, yen-based stablecoins
Japan's ruling Liberal Democratic Party said the country should create a legal framework for trading crypto ETFs in a…
Europe is actively trying to stop the dollar stablecoin takeover
Europeans conduct 38% of global stablecoin transactions, but euro-denominated tokens account for just 0.3% of the tot…
‘Gnosis will cover all user losses’ amid exploit related to Gnosis Pay, co-founder Koppelmann says
Gnosis co-founder Martin Koppelmann said all user losses will be covered as containment efforts continue following an…
Dev helps rescue $2 million locked in 2016 ICO contract for nine years with whitehat exploit
The developer told The Block that two of 48 eligible investors have already claimed 96.5 ETH that was unfrozen, worth…
Cosmos-based Gravity Bridge drained of $5.4 million in suspected key compromise, researchers say
The attacker took USDC, ether, tether and PAYG tokens before laundering a portion through ChangeNow and Binance.
Court-ordered Circle freeze traps $12.6 million in Zama cUSDC contract amid Overnight Finance suit
Zama CEO Rand Hindi said the protocol's confidential USDC contract was "caught in a crossfire" and that his team is i…
Sui blockchain suffers more downtime following Thursday’s six-hour outage
Sui was offline for 5 hours and 55 minutes on Thursday due to a bug in the blockchain's latest "1.72 release."
Paxos wins SEC approval to clear U.S. stocks on blockchain
Paxos new license positions it alongside legacy giants such as DTCC and makes it a compelling, more efficient alterna…
‘First and only’: Paxos secures SEC registration as clearing and settlement agency
Paxos said it is the first and only blockchain-native firm to be registered as a clearing agency under the SEC.
Crypto trading firm FalconX confidentially files with SEC for IPO, hires bankers
FalconX has hired Cantor and other bankers to advise on a potential IPO and confidentially filed draft paperwork with…
Tether's U.S.-focused stablecoin grows over 500% in a month, but still lags main rivals
USAT's market cap jumped above $140 million in April, though it remains well behind Circle's USDC, PayPal's PYUSD and…
Tether’s USAT supply grows 540% month-over-month, latest attestation shows
Tether’s USA₮ supply grew six-fold month-over-month to over 140 million tokens, according to Anchorage Digital's …
UniCredit warns Europe may struggle to contain crypto-bank crisis under MiCA rules
EU deposit insurance (up to €100,000) may not absorb stress from large stablecoin reserve accounts, unlike the full…
Australia’s Project Acacia shows why tokenized markets still hinge on settlement money
Project Acacia has now tested how tokenized asset markets could settle in Australia. The Reserve Bank of Australia an…
Sui blockchain experiences second ‘stall’ in five months
Sui said the blockchain is experiencing a "network stall," as block explorers show the protocol has not produced a bl…
Asset manager Grayscale delays IPO plans as crypto listing boom loses steam
Grayscale’s decision to delay its IPO highlights the growing caution across the crypto industry as volatile markets…
Stablecoins were supposed to bypass credit cards, but now Visa is winning crypto card payments
Stablecoins were built on the premise that removing intermediaries between sender and recipient would erode the relev…