Yield-Bearing Stablecoins Witness a Stampede for the Exits After 3 Tokens Collapse
The $20.43 billion yield-bearing stablecoin sector slipped massively this week, according to stablewatch.io, as several synthetic and algorithmic stablecoins suffered heavy outflows and severe depegs. The turmoil centered around the yield-bearing stablecoins deUSD, XUSD, and USDX, all of which collapsed from their dollar pegs in a matter of days. Massive Outflows Hit Leading Yield-Bearing Tokens […]
Cease and Desist Hits Robinhood, Crypto.com, Kalshi in Connecticut
Connecticut moved to block several major platforms after officials said they offered unlicensed sports wagering, signaling escalating scrutiny...
Bitcoin May Have Already Bottomed as Grayscale Projects New Highs
Grayscale Investments signals that bitcoin’s sharp pullback still aligns with bullish market behavior, spotlighting macro shifts and expanding...
Ripple Fuses 4 Core Acquisitions to Build One-Stop Finance Grid
Ripple’s expanded push into unified digital asset infrastructure signals a bid to anchor real-time global finance by fusing...