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Bank of America is in the early stages of exploring stablecoins, aiming to leverage blockchain technology to enhance its payment infrastructure.During the bank’s second-quarter earnings call, CEO Brian Moynihan addressed questions about BoA’s stablecoin strategy, noting that the initial focus is “on…
The exploiter behind the $40 million drain of the decentralized perpetual exchange GMX, which occurred earlier this week, has begun returning the stolen funds after seemingly accepting the project's $5 million white-hat bug bounty offer.The hacker exploited GMX's V1 GLP pool on Arbitrum, stealing ov…
TL;DRFirst Time in HistoryThe primary cryptocurrency remains on the crest of the wave, with its priceexplodingto a new all-time high of over $118,000 just a few hours ago. Moreover, several indicators suggest that bitcoin (BTC) has more room for growth.During previous peaks in 2024, for instance, th…
Stablecoin issuer Circle has partnered with crypto exchange OKX to make USDC easier to buy, trade, and transfer across blockchains, the companies announced on Wednesday.The agreement provides OKX’s more than 60 million global users with a one-to-one on and off-ramp between U.S. dollars and USDC. Cus…
The Hippo Protocol proposal vote is about bringing IBC integration to its mainnet. If this upgrade passes, it will let users move USDT and USDC between blockchains, making Hippo more useful. Gas fees will also go down by 90%. This could bring more people to use the protocol and set the stage for new…
July 3, 2025 12:20:51 UTC XRP Price Today XRP has surged over 3.5% in the past 24 hours, with bullish momentum fueled by rising activity in Deribit-listed options. Traders are heavily betting on July 25 XRP calls at $3 and $4, and a September $2.80 strike, reflecting optimism around a possible XRP s…
In his latest blog post titled “Quid Pro Stablecoin,” Arthur Hayes delivers a sharp analysis of the current macroeconomic landscape and how it may affect the crypto market. He warns that crypto prices could move sideways—or slightly lower—between now and the Jackson Hole economic symposium in August…
More and more young people are moving away from traditional banks and looking toward crypto platforms for better financial opportunities. They’re drawn to things like higher returns, tokenized stocks, and access to Web3 tools that offer more control and flexibility.Paul Barron recently shared that b…
Crypto firm Ripple Labs is applying for a banking license in the US, following a similar move by stablecoin issuer Circle Internet Group as crypto firms look to be regulated to deepen ties with traditional finance. Ripple CEO Brad Garlinghouse wrote to X on Wednesday that the company is applying for…
Stablecoin issuer Circle has applied to establish a national trust bank in the United States that, among other duties, would oversee the firm’s USDC reserve on behalf of its US issuer. If the application is approved by the US Office of the Comptroller of the Currency (OCC), Circle’s First National D…
US President Donald Trump’s namesake meme token has tumbled hard, slumping nearly 90% from its all-time high set six months ago.Today, TRUMP is trading at $8.80, down 6% in the last seven days. Traders are on edge after the project’s team yanked $4.4 million in USDC from liquidity pools and a single…
Cathie Wood's Ark Invest offloaded $12.5 million worth of Coinbase Global Inc. shares and $12.3 million worth of Block Inc. shares from one of its exchange-traded funds on Thursday, as Coinbase ended the day with a new all-time closing high.The Ark Innovation ETF (ARKK) sold 33,363 Coinbase shares a…