U.S. Federal Reserve moves on proposals to implement GENIUS Act for stablecoins
The Fed proposed rules on putting last year’s GENIUS Act into place with regulations, including those governing stablecoin yield programs.
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Crypto exchange Bitget says $352 million affected in a hack, claims user funds are ‘safe’
Bitget CEO Gracy Chen announced the hack shortly after independent researchers flagged unusual wallet movements.
Someone was trying to sell Ondo Finance after founder Nathan Allman’s death
The company has vehemently denied that it was shopping for buyers. Allman’s estate declined to comment.
Bullish, Alpaca and Apex Fintech form coalition to push issuer-backed tokenized stocks
The group aims to link onchain shares to official shareholder records following the U.S. SEC’s innovation exemption for tokenized stock trading.
U.S. commodities firms can invest in tokenized assets, use blockchain records: CFTC
The U.S derivatives regulator is grinding away at further guidance that welcomes tokenization and blockchain recordkeeping as regular industry elements.
Bitcoin just topped a key long-term moving average. Here’s what it might mean
Bitcoin’s return above its one-year average excited chart watchers. AltcoinPro Research says the more important signal is whether it can stay above its 200-day average.
Crypto casino Duelbits goes offline after $7 million hot wallet hack
Attackers drained Duelbits’ hot wallets across four blockchains; about $6 million in stolen funds now sits in a single Ethereum address.
Bitcoin’s bear markets are getting milder. Bull markets may be next
Bitcoin’s latest bear market was milder than past crashes as ETFs, institutional investors and a maturing market reshape its cycles.
UK’s largest banks complete world’s first interbank transactions using tokenized deposits
Barclays, NatWest, and HSBC and others used tokenized deposits for remortgages and a marketplace-payment test, taking bank-issued digital cash beyond a single institution.
European stablecoin issuer Qivalis sees transformation of global trade finance
Jan-Oliver Sell, the CEO and founder of Qivalis, said the entire trade finance supply chain is moving into stablecoins.