24/7 Blockchain industry dynamics and breaking crypto news
Circle has frozen $100K in USDC linked to the Bitget security incident. With approximately $218K in USDT remaining in the same address, the crypto community is urging Tether to follow suit, highlighting a pivotal moment for stablecoin issuer accountability.
Read MoreCoinMarketCap has completed its acquisition of crypto derivatives data provider Coinglass. The deal integrates Coinglass's extensive market data into CoinMarketCap's platform for its massive user base, while Coinglass continues to operate independently.
Read MoreStrategy plans to shift four STR series preferred stocks to a daily dividend model, calculated daily and paid the next business day. The move aims to enhance price stability and market liquidity while keeping economic terms unchanged, potentially impacting investor cash flow and trading strategies.
Read MoreThe UAE and Singapore are emerging as key testing grounds for stablecoin-based cross-border payments and corporate treasury solutions. Despite rapid market growth and rising merchant adoption, challenges like compliance, liquidity, and local settlement remain significant hurdles.
Read MoreNEAR Protocol's token price has decisively broken through the $5 resistance level, surging over 18% in 24 hours. This analysis explores the technical breakout, ecosystem developments driving momentum, and key considerations for navigating the heightened volatility.
Read MoreBP's price has surged past $1.3, currently trading at $1.306 with a remarkable 56.09% gain in 24 hours. The market is experiencing heightened volatility, prompting a need for cautious risk management. This article explores potential drivers behind the move and offers practical guidance for navigating the turbulence.
Read MoreKelpDAO's parent company sued LayerZero and its co-founder over the $292M rsETH bridge theft, alleging negligent misrepresentation, negligence, and defamation. The lawsuit claims LayerZero approved a risky security configuration, then blamed KelpDAO. LayerZero calls the claims baseless.
Read MoreEthena expands its stablecoin USDe's reserve strategy by incorporating Binance's tokenized U.S. stocks as spot collateral and hedging exposure via stock perpetual contracts. This marks a significant evolution in USDe's backing mechanism, aiming to capture growth in traditional finance derivatives.
Read MoreUNI has decisively broken above the $9.5 resistance level, currently trading at $9.51 with a 24-hour gain of 5.32%. Market volatility has increased noticeably. Traders are advised to monitor the situation closely and implement robust risk management strategies amidst the dynamic price action.
Read MoreBitcoin has decisively broken through the $85,000 milestone, currently trading at $85,000.02 with a 24-hour gain of 1.72%. Heightened market volatility underscores the critical need for investors to implement robust risk management strategies amid potential price swings.
Read MoreThe Federal Reserve is planning to raise the asset thresholds that trigger stricter oversight for large banks. The move, expected to be proposed later this year, aims to adjust for inflation and economic growth, potentially easing regulatory burdens for some lenders and encouraging industry consolidation.
Read MoreFrench semiconductor firm Sequans Communications has sold its remaining 314 BTC, fully exiting its bitcoin treasury strategy. The company will no longer hold any cryptocurrency and is refocusing its business on IoT and software-defined radio technologies.
Read MoreGoogle, OpenAI, and Anthropic are reportedly forming an independent AI safety standards body called SAFA, aiming to establish industry-wide safety protocols by early 2027 amid slow federal regulatory progress.
Read MoreConflicting rulings by two US federal appeals courts on whether states can regulate Kalshi's sports event contracts have sparked a legal battle. New Jersey has petitioned the Supreme Court for review. The core issue is whether these contracts are federally regulated financial swaps or fall under state gambling laws, with significant tax and operational implications at stake.
Read MoreBitget's Chinese regional lead Xie Jiayin addressed the withdrawal suspension, noting varied security incident responses. The platform is conducting thorough risk checks and pledges to restore withdrawals immediately after confirming system safety, requesting user patience during the audit.
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