$PUMP REBOUNDS, CRYPTO EDGES LOWER, CHINA TESTING STABLECOINSCrypto volatile amid weaker macro picture. BTC ETF outflows continue, ETH turns positive. Short term BTC holders dump $18b as whales buy. Liquid…
The supply of yield-bearing stablecoins has surged since the passing of the GENIUS stablecoin bill in July, which prohibits issuers from offering yields on stablecoins.Data shows the biggest beneficiaries have…
The United Kingdom is falling behind in the digital asset market, particularly in the area of stablecoins, despite the technology’s potential to help the country preserve its leading role in…
In brief
The DeFi protocol CrediX was compromised.
An attacker swiped $4.5 million worth of crypto.
CrediX said all funds would be recovered in two days.
An attacker swiped $4.5 million worth of crypto…
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The recent US passage of the GENIUS Act marked a significant turning point for stablecoins, setting a regulatory precedent that may shape digital finance globally.Fabian Dori, chief investment officer at…
In brief
JP Morgan CEO Jamie Dimon reaffirmed support for stablecoins, calling them potentially more useful than cash, while maintaining his skepticism toward Bitcoin.
Dimon said blockchain and stablecoins meet customer demand,…
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In a recent expert commentary, executives from BlackRock, the world’s largest asset manager and a leading issuer of cryptocurrency exchange-traded funds (ETFs), identified a significant trend in the cryptocurrency market,…
A central bank digital currency (CBDC) alone will not be enough to challenge the rise of US dollar-pegged stablecoins, according to an adviser to the European Central Bank (ECB).In a…