Deliberations over the crypto market structure bill between industry executives and US lawmakers hit a fever pitch on Wednesday in a tense meeting, following a leaked proposal from Democrats to impose permissioned requirements on the decentralized finance (DeFi)...
Lending protocol Aave has partnered with onchain credit platform Maple Finance to connect institutional capital with decentralized liquidity. Announced on Tuesday, the integration will introduce Maple’s yield-bearing stablecoins — syrupUSDC and syrupUSDT — to Aave. SyrupUSDC will be listed...
Ethereum co-founder and Consensys founder Joseph Lubin highlighted the importance of venture capital (VC) funding for the development of the world's largest smart contract network, despite growing industry concerns over the influence of investment funds on Ethereum.The main...
The US dollar’s hegemony is over, as evidenced by China’s recent announcement of export controls on rare earth minerals, a critical component in electronics manufacturing and military defense applications, according to analyst Luke Gromen.China’s rare earth mineral export...
Satoshi Nakamoto, the pseudonymous creator of Bitcoin (BTC), is the largest BTC holder in the world at the time of this writing, and the wallets controlled by Satoshi took an unrealized loss of over $20 billion since the...
Stripe’s blockchain project, Tempo, raised $500 million in a Series A round led by Greenoaks and Thrive Capital, valuing the payments-focused network at $5 billion, according to Fortune. Sequoia Capital, Ribbit Capital and Ron Conway’s SV Angel also joined...
Key takeaways:Rising demand for put options and miner BTC deposits highlights growing caution among traders despite price resilience near $108,000.Analysts at Bitwise argue that deep drops in market sentiment often precede rebounds, framing the correction as a “contrarian...
James Wynn, a pseudonymous high-leverage crypto trader, was liquidated for about $4.8 million on Wednesday, according to blockchain analytics company Lookonchain.Wynn opened up $4.8 million in leveraged positions with $197,000 in stablecoins on Tuesday, Lookonchain reported. “Back with...
Crown, a São Paulo-based fintech company, has raised $8.1 million to launch a Brazilian real–denominated stablecoin designed to give institutional investors access to Brazil’s high-yield fixed-income market. The new stablecoin, called BRLV, could make it easier for global investors...
California Governor Gavin Newsom announced that the US state would establish regulatory safeguards for social media platforms and AI companion chatbots in an effort to protect children.In a Monday notice, the governor’s office said Newsom had signed several...
