What the August 2024 crypto crash revealed about global systemic risk Crypto markets sold off sharply in August 2024 in response to global macro dislocation caused by Japan’s fiscal crisis, underscoring their sensitivity to liquidity shocks and sys

The Layer 1 blockchain XRP Ledger (XRPL) mainnet adopted the stablecoin USDC one week after its issuer, Circle, went public, marking further adoption of the world's second-largest stablecoin by supply. Circle's institutional stablecoin creation platf

Decentralized exchange (DEX) PancakeSwap has launched one-click crosschain swaps using Across Protocol, aiming to address one of the most pressing user experience (UX) issues in decentralized finance (DeFi).The integration allows users to swap assets

Bitcoin’s price has taken off in Europe’s afternoon trading session, pushing above $107,000 at the time of this writing.The cryptocurrencywas tradingbelow $106,000 throughout the morning session but the bulls took control and pushed the price up, liq

Tether CEO Paolo Ardoino says the stablecoin issuer has no intention of going public, just days after rival Circle made its debut on the New York Stock Exchange (NYSE).“No need to go public,” Ardoino said on June 7, just two days after Circle, which

Shares of Circle Internet Group, the issuer of the market’s second-largest stablecoin, USDC, experienced a remarkable surge on Thursday, skyrocketing 168% as the company made its debut on the New York Stock Exchange (NYSE). Circle’s IPO Exceeds Expec

Circle Internet Group, the stablecoin issuer behind USDC, exceeded what it expected to raise in an upsized initial public offering (IPO) on Wednesday. Circle and its backers, including the firm's CEO Jeremy Allaire, sold 34 million shares at about $3

Circle Internet on Wednesday priced its upsized U.S. initial public offering at $31 apiece, raising $1.05 billion, adding fresh momentum to a growing pipeline of late-stage cryptocurrency firms eyeing public markets.Circle and its shareholders so

Panama City’s mayor, Mayer Mizrachi, put forward an unusual plan at the Bitcoin 2025 conference in Las Vegas on May 29. He suggested that cargo ships could speed up their transit through the Panama Canal if they paid in Bitcoin. It was a brief commen

Stripe, a payments firm with headquarters in San Francisco, California and Dublin, Ireland, is talking with banks over stablecoin integrations amid growing institutional interest in dollar-pegged crypto assets. Though the discussions are still early,

Xend Finance, a decentralized finance project backed by Binance and Google, is launching a platform in Africa to offer tokenized access to global real estate and stock markets. Partners in the launch include Risevest, a digital wealth management plat

Today in crypto, Bybit has received regulatory approval under the European Union’s Markets in Crypto-Assets Regulation (MiCA) and has opened its European headquarters in Vienna, former US Commodity Futures Trading Commission (CFTC) Chair Rostin Behna

Worldpay plans to start offering disbursements in USDC, a move expected to lead to a broader adoption of stablecoins as core commercial payment rails.The crypto platform’s new capability will allow clients in the U.S. and Europe to pay out funds in U

Prediction market Kalshi added support for Solana deposits, letting users fund their account via a Solana-supported wallet, the firm announced Friday on X. Solana is now the fourth cryptocurrency Kalshi accepts. Users can fund their Kalshi accounts w

Update (May 20, 3:17 am UTC): This article has been updated to add statements from senators and information on the GENIUS Act.The US Senate has voted to advance a key stablecoin-regulating bill after Democratic senators blocked an earlier attempt to

Ripple, the creator of cryptocurrency XRP (XRP), launched cross-border blockchain payments in the United Arab Emirates (UAE), a development that could spur the adoption of cryptocurrency in a country receptive to digital assets.Zand Bank, the UAE’s f

Ethereum filtered onchain volume of stablecoins reached a new all-time high in April, hitting $908 billion. This milestone comes amid growing institutional adoption and several high-profile developments that have thrust stablecoins into the spotlight

USD1, the stablecoin issued by Trump-affiliated World Liberty Financial (WLFI), has seen its supply significantly increase between late last month and early May. According to CoinGecko, the coin now has over $2.1 billion in market cap, up from less t

Trump family-backed crypto platform World Liberty Financial (WLFI) is proposing to airdrop a small amount of its new US dollar-pegged stablecoin to reward early WLFI holders in a test of its airdrop mechanism. With over 99% of votes in favor of the p

Decentralized autonomous organization (DAO) HydraDAO claims that its researchers were able to use a novel technique to repair severed spines in rats.In a May 5 X post, decentralized science (DeSci) project HydraDAO said that one of its research proje