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Paul R. La MonicaCrypto mania is definitely back. Just look at the robust demand for the initial public offering of Circle Internet Group, the leader in the world of stablecoins.Circle, which plans to list 34 million shares on the New York Stock Exchange Thursday under the ticker symbol CRCL, priced…
A surge of stablecoin transactions marked May as a standout month for the crypto sector. It moved beyond mere token swaps. Lots of people and services turned to dollar-pegged coins for moving value. Activity hit fresh highs, hinting that stablecoins are now the main channel for on-chain payments.Spi…
The following article is adapted from The Block’s newsletter, The Daily, which comes out on weekday afternoons.I hope you had a good weekend, folks. Bitcoin is hovering at a psychological and technical pivot point that could "make or break" the next bull run, according to BTC Markets crypto analyst …
Tether announced a partnership with the TON Foundation to debut an omnichain version of its gold stablecoin XAUt (XAUT) on The Open Network (TON), in an effort to expand the token across ecosystems.The new token, “XAUt0,” was built on LayerZero’s Omnichain Fungible Token standard, which allows token…
Force Bridge, a cross-chain protocol built on the Nervos Network, was targeted in a suspected decentralized finance exploit, resulting in estimated losses of over $3 million in crypto assets, according to Web3 security firm Cyvers.The perpetrators siphoned about 257,800 USDT, 539.09 ETH ($1.35 milli…
Update (May 30, 2025, 11:30 am UTC): This article has been updated to add statements by a Bybit representative.The Thai Securities and Exchange Commission (SEC) will block five cryptocurrency exchanges, including Bybit and OKX, from operating in the country.According to a May 29 announcement, Bybit,…
Former European Central Bank (ECB) official and Governor of the Bank of Italy, Fabio Panetta, touted the digital euro as a key tool for controlling the risks of increasing cryptocurrency adoption.The Bank of Italy, on May 30, released an annual report with the governor’s concluding remarks on the st…
The House of Representatives has introduced the Digital Asset Market Clarity Act, which looks to adopt a structured legislative approach towards the crypto market.Well, this is exactly what the crypto community was hoping for ever since the appointment of the pro-crypto Donald Trump as US President.…
BlackRock is reportedly looking to purchase 10% of the shares that stablecoin giant Circle plans to issue during its initial public offering, according to Bloomberg.Circle updated its IPO prospectus on Tuesday, showing that the USDC issuer plans to raise as much as $624 million for the company and i…
US President Donald Trump supports the BITCOIN Act and has a team of experts in the White House working to roll out landmark digital asset legislation in the coming weeks, according to Wyoming Senator Cynthia Lummis. Speaking at the Bitcoin 2025 conference in Las Vegas, Nevada, Lummis said she is br…
South Korea is tightening rules around digital asset transactions as it prepares to allow institutional players into its crypto market, introducing new guidelines for nonprofit crypto sales and stricter listing standards for exchanges.On May 20, the Financial Services Commission (FSC) of South Korea…
WILMINGTON, DE, May 20, 2025 - (ACN Newswire) - Naoris Protocol, the first quantum-resistant architecture and blockchain, today opened its highly anticipated public sale for the $NAORIS token, following over 15,000 pre-registrations.The sale, which takes place on the Tokensoft platform and is access…