Following the dramatic collapse of Stream Finance, Elixir has initiated the shutdown of its deUSD stablecoin. This decision was driven by significant exposure to Stream’s debt crisis and […]
Global Lending Protocols See Significant TVL Drop
Recent data from DefiLlama reveals that global lending protocols have experienced a substantial decline in their total value locked (TVL). As of now, the TVL stands at $68.342 […]
Cathie Wood Adjusts Bitcoin Price Prediction Amid Stablecoin Surge
Ark Investment CEO Cathie Wood has revised her Bitcoin price prediction downward, citing the rapid expansion of stablecoins as a key factor. Her revised estimate now sits at […]
Stablecoin Phase 2 Raises $860 Million, Surpassing Initial Funding Cap
The Stablecoin Pre-Deposit Event Phase 2, backed by Tether and focusing on USDC deposits, has surpassed its initial funding target of $500 million. Over $860 million was raised […]
Elixir Shuts Down deUSD Stablecoin Amidst Stream Finance’s $93 Million Loss
Decentralized finance platform Elixir has taken the drastic step of suspending its synthetic stablecoin, deUSD, following a significant financial setback affecting competitor Stream Finance. Stream halted withdrawals earlier […]
Cathie Wood Cuts Bitcoin Price Prediction to $1.2 Million
ARK Invest CEO Cathie Wood has lowered her long-term Bitcoin price prediction from $1.5 million to $1.2 million, reflecting a shift in her outlook on Bitcoin’s role in […]
Stablecoin Outflows Surge Amid Liquidity Concerns
Recent data from Stablewatch reveals a concerning trend: stablecoins have experienced their largest outflows since the Terraform collapse in 2022. Over the past week alone, a staggering $1 […]
USDC Treasury Burns 104 Million Tokens on Solana
A recent significant transaction has been revealed involving the USDC Treasury, as reported by Whale Alert and Foresight News. The USDC network has burned over 104 million USDC […]
Bank of England Sets Limits on Stablecoin Holdings to Enhance Financial Stability
The Bank of England (BOE) is taking action to regulate stablecoins in the United Kingdom, aiming to enhance financial stability and mitigate risks related to their growing use. […]
Coinbase CEO Argues U.S. Crypto Bills Will Boost On-chain Economy
Coinbase CEO Brian Armstrong advocates for new U.S. crypto bills, comparing them to ‘oil’ for the on-chain economy. He believes these bills will boost stablecoin usage in payments […]
Coinbase Supports Non-Issuer Yield on Stablecoins, Sparking Regulatory Debate
Coinbase is taking a prominent stance in the debate surrounding the GENIUS Act, proposing that non-issuers like exchanges and custodians should be allowed to offer yield on stablecoin […]
Mastercard Partners with Ripple, Gemini for Stablecoin Testing on XRP Ledger
Mastercard is joining forces with Ripple and Gemini to explore the use of its regulated stablecoin, RLUSD, on the XRP Ledger (XRPL). This initiative aims to enable blockchain-based […]
Whale Capitalizes on USDX Depeg, Investing 800,000 USDT Amid Peg Decline
A recent sharp drop in the USDX stablecoin price has triggered an arbitrage opportunity for a significant investor. The whale, identified by address `0xe454`, purchased 933,241 USDX tokens […]
Lista DAO Forced Liquidation Highlights DeFi Instability Risks
A forced liquidation of the Lista DAO vault occurred on November 6, 2025, due to its 99% fund utilization rate. This event underscores potential vulnerabilities in DeFi protocols […]
Cathie Wood Reduces Bitcoin Price Prediction for 2030 to $1.2 Million
Investment expert Cathie Wood of ARK Invest has revised her prediction for Bitcoin’s price in 2030, lowering it to $1.2 million from the previous $1.5 million. This change […]