A cybersecurity firm, BlockSec, has identified a hacking incident affecting the decentralized stablecoin protocol, Usual. This attack was detected by BlockSec’s monitoring system, causing the suspension of Usual’s […]
Ripple vs. Coinbase: What if Coinbase Buys Circle? XRP’s Fate at Stake
The crypto world is abuzz with speculation surrounding Circle, the company behind the popular USDC stablecoin. Recent reports suggest that both Ripple and Coinbase have been in talks […]
GENIUS Act Stalls in Senate, Raising Concerns About U.S. Crypto Regulation
Efforts to pass the GENIUS Act face significant hurdles in the Senate, impacting the future of U.S. stablecoin regulation and potentially disrupting the crypto market. Despite bipartisan support […]
Starknet Launches Rune Stablecoin with USDC Backing
Starknet has introduced a new stablecoin, Rune, which offers users a trustless redemption mechanism for USDC via its Runes Bridge. This stablecoin is backed by a 1:1 ratio […]
Trump Endorses Bitcoin Legislation for Strategic Reserve
U.S. President Donald Trump has publicly expressed his backing for the BITCOIN Act, a bill that would mandate the U.S. government to acquire one million bitcoins over the […]
Solaxy & PEPETO Rise as Stablecoin Bill Bolsters US Crypto Market
The momentum building around the U.S. Stablecoin Bill in the House of Representatives is driving investor confidence in the crypto market, with projects like Solaxy and PEPETO attracting […]
Bitcoin’s Next Move: Stablecoin Ratio Signals Short-Term Resistance
Recent data from the Stablecoin Ratio Channel highlights a potential short-term resistance for Bitcoin, with prices currently hovering near $113,000. This is due to the increased liquidity in […]
Bitget Introduces BGUSD: Yield-Bearing Stable Asset for Secure Portfolio Growth
Bitget, a leading cryptocurrency exchange and Web3 platform, has launched BGUSD, a yield-bearing stable asset certificate designed to enhance capital efficiency and provide passive income opportunities for users […]
StablR and Oobit Launch MiCA-compliant Stablecoins in Response to EU Regulatory Shifts
Two Tether-backed firms, StablR and Oobit, have launched a new initiative designed to offer MiCA-compliant stablecoin solutions across Europe. This move comes as the European Union strengthens regulatory […]
Circle Files for IPO, Potentially Derailing Ripple’s $20 Billion Bid
Circle, the company behind stablecoin USDC, has officially filed for an IPO on the New York Stock Exchange, casting doubt on Ripple’s recent $20 billion acquisition offer. The […]
Bitget Launches BGUSD Stablecoin with 5% Daily Passive Income, Backed by Real-World Assets
Bitget has introduced BGUSD, a new stablecoin offering daily passive income to users. This stablecoin is backed by real-world assets like tokenized US Treasury products and top-tier money […]
Circle’s IPO: $30B in Reserves Back Stablecoin, NYSE Listing Nears
Circle Internet Financial has filed for an initial public offering (IPO) on the New York Stock Exchange, revealing over $30 billion in assets backing its USD Coin stablecoin. […]
Pi Network Gains Trading Pair on MEXC Exchange, Price Dips Amidst Market Changes
Pi Network has secured its first stablecoin trading pair on MEXC, an exchange platform renowned for facilitating cryptocurrency trades. Starting today, May 27th, users can trade Pi against […]
Bitcoin Faces Potential Resistance: Stablecoin Ratio Signals Short-Term Risk
A crucial metric tracking the movement of capital between stablecoins and Bitcoin offers insights into market sentiment and liquidity dynamics. This key indicator reveals that short-term risks are […]
Senate Advances GENIUS Act: Implications for Stablecoin Regulation
The Senate has taken a crucial step towards regulating stablecoins with the advancement of the GENIUS Act, receiving bipartisan support. This pivotal vote reflects increasing market focus on […]