A prohibition on yield-bearing stablecoins and robust payments infrastructure in the US means stablecoins will not eat into banks’ market share.
2024 BTC cycle ‘dramatically’ underperforming previous halvings: Analyst
Volatility and upside have been declining with each Bitcoin halving cycle, but the new dynamics may not be permanent, according to Galaxy’s Alex Thorn.
Kelp exploit highlights problem with non-isolated DeFi lending: Crypto execs
The contagion from the Kelp exploit could have been contained, but at the cost of capital efficiency, according to the founder of Curve Finance.
Bitcoin price drops to $75K as new Hormuz closure puts focus on oil
Bitcoin foreshadows fresh market mayhem as it appears that the US-Iran war has returned, including the closure of the Strait of Hormuz oil route.
Aluminum giant Alcoa to sell dormant smelter to Bitcoin miner NYDIG: Report
Alcoa is nearing a deal to sell its idle Massena East smelter to NYDIG as US industrial sites increasingly shift toward Bitcoin mining and AI data centers.
RaveDAO denies manipulation as Binance, Bitget probe RAVE trading activity
RaveDAO denies involvement in RAVE token price surge and crash as Binance and Bitget launch investigations into suspected market manipulation.
Charles Schwab, Citadel Securities weigh entering prediction markets
Charles Schwab and Citadel Securities executives have separately aired interest in prediction markets, but each is looking to steer clear of sports offerings.
Caitlyn Jenner escapes memecoin lawsuit as judge says token not a security
A federal judge has tossed a class lawsuit over Caitlyn Jenner’s memecoin, saying it did not plausibly allege that the token was an unregistered security.
Warren claims SEC’s Atkins likely misled Congress over enforcement data
SEC chair Paul Atkins is under fire from Senator Elizabeth Warren, who says he “may have been deliberately trying” to mislead Congress about the agency’s enforcement activity.
Kelp restaking platform exploited, $293M drained in attack
The attack caused a “cross-protocol contagion” that has impacted at least nine crypto protocols, blockchain security firm Cyvers said.