Coinbase is reportedly lobbying US lawmakers to reject any transfer to amend the crypto market construction invoice to limit its skill to pay rewards to stablecoin holders on its platform. Coinbase depends on income generated from curiosity on the reserves backing stablecoins like USDC as a big supply of earnings,Continue Reading
Vitalik Buterin identifies three most important structural points in decentralised stablecoins: USD dependence, susceptible oracles, and destabilising staking yields. Previous failures, such because the US$40 billion (AU$60.4 billion) TerraUSD collapse, spotlight the dangers of excessive yields and weak governance. Decentralised stablecoins stay a minor share of the market, with centralisedContinue Reading
Seven Labour MPs who chair parliamentary committees have urged the federal government to ban cryptocurrency donations, citing dangers to transparency and electoral integrity. Ministers acknowledge the dangers however imagine a ban won’t be prepared for inclusion within the forthcoming elections invoice. Reform UK’s acceptance of a serious fiat donation fromContinue Reading
CryptoQuant CEO Ki Younger Ju accused X of suppressing reputable crypto voices whereas failing to cease a 1,200% surge in bot-driven spam. Ju argues X’s paid verification has failed as a top quality filter, main the platform to limit crypto content material attain as a substitute of bettering bot detection.Continue Reading
Zodia Custody turned the primary international custodian to assist AUDM, an Australian dollar-backed stablecoin issued by Macropod, the nation’s first licensed stablecoin issuer. The partnership permits institutional purchasers to carry AUDM in chilly storage, facilitating programmable funds and real-time settlement for each conventional and crypto-native companies. AUDM just lately debutedContinue Reading
Bitcoin completed 2025 within the damaging zone. This might make it the fourth damaging yr since 2012, though at solely a low single-digit loss in comparison with -50.2% in 2014, -72.1% in 2018 and -62% in 2022. At instances like this it’s price remembering what’s the single core component thatContinue Reading
Wyoming launched the Frontier Steady Token (FRNT), the primary state-issued stablecoin within the US, now accessible for public buy on the Solana blockchain through Kraken. Managed by Franklin Templeton, the token is backed by 102% overcollateralised reserves of US {dollars} and Treasuries. Utilizing LayerZero know-how, FRNT helps prompt cross-chain transfersContinue Reading
A protocol exploit within the Circulation blockchain’s Cadence runtime on December 27 allowed an attacker to create $3.9 million in counterfeit tokens. Community validators halted the chain inside six hours and froze most fraudulent belongings on exchanges earlier than they may very well be liquidated. Circulation has patched the vulnerabilityContinue Reading
US Democrats might block the crypto market construction invoice within the Senate till after the midterm elections in November, when the social gathering has a robust likelihood of regaining management of the Home, in response to funding financial institution TD Cowen. The financial institution mentioned the invoice might not moveContinue Reading
Ethereum, Solana and XRP posted substantial weekly good points of 10–22%, whereas Bitcoin’s 5% rise was tempered by latest 24-hour losses. Glassnode information signifies the late-November dip to US$80k doubtless represented a major market backside, evidenced by short-term holders transferring again into revenue. Crypto ETF flows have reversed from promotingContinue Reading
