Neobank Infini celebrates $50M TVL, then suffers $49.5M USDC exploit due to former insider
Infini, a stablecoin-focused neo-bank, suffered an exploit that resulted in a loss of approximately $49.5 million in USDC.Blockchain security firm...
Stablecoins
Kraken, Crypto.com among exchanges planning stablecoin launches in EU
Kraken and Crypto.com are among crypto exchanges developing their own stablecoins in response to the EU’s new regulatory framework, which...
SEC approves Figures Markets’ new yield-bearing stablecoin YLDS
Figure Markets has launched YLDS, a yield-bearing stablecoin registered with the US Securities and Exchange Commission (SEC).According to a Feb....
StanChart, Animoca Brands and HKT launch joint venture to develop Hong Kong dollar-backed stablecoin
Standard Chartered’s Hong Kong arm (SCBHK), in collaboration with Animoca Brands and telecom firm HKT, announced a joint venture to...
Robinhood CEO says ‘innovation-friendly’ US crypto policies a ‘tailwind’ for firm’s future
Robinhood CEO Vlad Tenev said the crypto-friendly environment gaining shape in the US would be a “tailwind” for the firm’s...
Tether’s new AI tech translates brain signals into speech
Stablecoin issuer Tether is advancing its AI initiatives with a focus on translating brain signals into speech.In a Feb. 6...
CFTC launches pilot program for tokenized stablecoin collateral
The Commodity Futures Trading Commission (CFTC) launched a pilot program to explore tokenized non-cash collateral, including stablecoins, within regulated derivatives...
Senator Bill Hagerty pushes for stablecoin regulatory framework
Senator Bill Hagerty intends to introduce legislation on Feb. 4 to establish a regulatory framework for stablecoins, Bloomberg News reported.The...
DeFi in 2025 promises smart accounts and AI-driven trading evolution
The following is a guest post by Lukas Schor, Co-Founder of Safe.2024 has been a pivotal year for DeFi. Practical...
Ripple’s RLUSD stablecoin crosses $3 trillion in trading within a month
The stablecoin Ripple USD (RLUSD) surpassed $3.02 trillion in total trading activity just over a month after its debut on...
Crypto.com delists USDT and other tokens to comply with MiCA
Crypto.com will be delisting Tether’s USDT stablecoin by Jan. 31 as part of efforts to comply with Europe’s Markets in Crypto-Assets...
ECB urged to fast-track digital euro amid Trump’s stablecoin push
ECB board member Piero Cipollone said the European Central Bank (ECB) must accelerate efforts to launch a digital euro in...
Tether, TRON, and TRM freeze $26 million in European money laundering crackdown
The T3 Financial Crime Unit (T3 FCU)—a joint task force formed by Tether, TRON, and TRM Labs—has frozen $26.4 million...
Taiwan’s FSC outlines regulatory path for bank-issued stablecoins
Taiwan’s Financial Supervisory Commission (FSC) has unveiled plans to allow banks to issue stablecoins as part of a comprehensive regulatory...
Justin Sun’s Tron eyes wider market influence with ‘zero-fee’ stablecoin framework
Tron founder Justin Sun has outlined ambitious plans to revolutionize stablecoin transactions by eliminating fees.According to a Jan. 23 statement...
Circle acquires RWA issuer Hashnote, partners with DRW to enhance USDC liquidity
Circle announced on Jan. 21 the acquisition of the tokenization firm Hashnote, the issuer of the USYC token. Additionally, the...
Tether partners with LayerZero to launch cross-chain stablecoin USDT0
Tether and LayerZero announced on Jan. 16 a joint effort to launch USDT0, a multichain version of the Tether USD...
El Salvador Welcomes Tether: USDT Completes Key Formalities For Relocation
Tether, the world’s largest stablecoin issuer, announced on Monday its plans to relocate its headquarters to El Salvador. This decision...
Forget The XRP Price Pump, Analyst Says Don’t Sell Your XRP Until These 7 Things Happen
Market participants look to be securing profits, seeing how the XRP price has corrected since its recent parabolic rally. Analyst...
XRP Price On The Brink Of Another Breakout: The ‘Game-Changing Implications’ Of Ripple’s RLUSD Mints
XRP has been on a significant upsurge in the past few weeks. Notably, the XRP price recently surged to $2.81,...
Bitfinex Introduces aUSDT: A Gold-Backed Digital Asset
Bitfinex has announced the launch of aUSDT, a new “tethered” digital asset that merges the stability of gold with the...