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ECB Warns Stablecoin Risks Threaten Financial Stability Amid Growth
The European Central Bank (ECB) has renewed its caution about the risks linked to stablecoins amidst rising interest and market growth.Stablecoins like Tether's USDT...
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Meta Stock Dips 20%, But Experts See Strong AI-Driven Buy Opportunity
Meta Platforms shares have fallen more than 20% from recent highs amid concerns about high AI expenditures and slowing user growth.Several analysts, including Saken...
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Grayscale’s Dogecoin ETF Launches Amid Bitcoin ETF Outflows
Grayscale launched its Dogecoin ETF (GDOG) on NYSE Arca amid a challenging period for the crypto market.
Dogecoin’s price traded around $0.15, significantly below its...
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BitMine Stock Crashes 81% Despite Holding 3% of Ether Supply
BitMine Immersion Technologies holds 3% of ether's circulating supply but its stock has fallen sharply.The company's share price dropped 81% in under five months...
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Ondo Finance invests $25M in YLDS stablecoin to diversify fund
Ondo Finance invested $25 million in the yield-bearing stablecoin YLDS to diversify its US Treasurys fund reserves.The Ondo Short-Term US Government Bond Fund (OUSG)...
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Senator Lummis Criticizes JPMorgan’s Anti-Crypto Stance Strongly
Senator Cynthia Lummis criticized JPMorgan for policies she views as hostile to the crypto industry.Operation Choke Point was a DOJ initiative aiming to cut...
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US Weighs Allowing Nvidia AI Chip Sales to China, Lutnick Says
The U.S. government is reviewing whether to allow NVIDIA to resume selling advanced AI chips to China.
Commerce Secretary Howard Lutnick stated that many stakeholders,...
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GnosisDAO Votes to Fire KPK Treasury Manager Over Poor Performance
GnosisDAO voted to terminate its treasury management contract with KPK, with 88% in favor.KPK faced criticism over high fees, underperformance, and a costly liquidity...
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ARK Sells 1.5M Bitcoin ETF Shares Ahead of Senate Vote
Cathie Wood's Ark Invest sold over 1.5 million shares of its own ARK 21Shares Bitcoin ETF (ARKB) on Monday.The...
DeFi pioneer Balancer considers wind down after hack struggles
Balancer Labs CEO Marcus Hardt has proposed a phased sunset of the protocol after recovery efforts failed.The proposal would...
US House crypto tax bill omits mining reward deferral
The House Ways and Means Committee will consider H.R. 10357 on Wednesday, omitting a provision that would have allowed...
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European Central Bank Economist Advocates for Digital Euro to Counter US Payment Dominance
ECB's chief economist Philip Lane calls for a digital...
IEO investors lose millions as the funding mechanism fails to deliver
Initial exchange offerings (IEOs)—the exchange-led rebirth of the ICO—are...
