Security
Tether announces $150M recovery program for Drift Protocol
The Drift Protocol will use the $150 million to relaunch and restore user funds following a $280 million exploit earlier in April.
Latest
Regulation
Why the SEC just gave self custody crypto apps 5 years to get traditional broker licenses
The SEC moved the crypto market structure forward on Apr. 13 without waiting for Congress to act. The agency's Division of Trading and Markets published a staff statement on Covered User Interfaces, such as websites, browser extensions, wallet-linked apps, and mobile applications that help users in
Security
French minister says new measures are coming after crypto kidnappings
Jean-Didier Berger said at Paris Blockchain Week that France is preparing new steps to protect crypto holders as wrench attacks and kidnappings keep mounting.
Regulation
Circle CEO says China could launch yuan stablecoin within 3 to 5 years as currency race heats up
Circle CEO Jeremy Allaire predicts China could launch a yuan-backed stablecoin within the next three to five years, intensifying the global digital currency competition. Speaking at a financial technology conference, Allaire highlighted China's aggressive push into digital currency infrastructure and suggested the country may extend its central bank
Regulation
The CLARITY Act breakthrough: Why JPMorgan says the U.S. crypto rulebook is ‘close to completion’
JPMorgan executives told clients this week that the United States is nearing completion of its comprehensive cryptocurrency regulatory framework, with the CLARITY Act representing a significant breakthrough in establishing clear digital asset rules. The banking giant's analysts cited recent Congressional progress on stablecoin legislation and ongoing negotiations between
Technology
South Korea to pilot blockchain-based deposit tokens for government spending
South Korea's Ministry of Finance and Economy is launching a new pilot to substitute government expense credit cards with deposit tokens.
Regulation
Solana Institute-backed super PAC pours $8 million against Sherrod Brown in Ohio race
Sentinel Action Fund has received backing from the Solana Institute and Multicoin Capital, a crypto-focused venture capital firm.
Technology
Bitcoin should prepare now, even if quantum is a 'lab experiment’: Adam Back
Back said the safest approach is to build optional upgrades that would allow Bitcoin to migrate to quantum-resistant cryptography once it's needed.
Exchange
Bitnomial launches Injective futures in US, with eyes on ETF eligibility
The contracts mark Injective’s first entry into US-regulated derivatives markets and could help support a spot ETF following a filing from Canary Capital.
Market
Tether adds $70 million in bitcoin to reserves, bringing holdings above 97,000 BTC
Tether, the issuer of the world's largest stablecoin USDT, has purchased an additional $70 million worth of bitcoin for its reserves, pushing its total bitcoin holdings above 97,000 BTC. The acquisition represents the company's continued strategy of diversifying its backing assets beyond traditional cash and
Technology
CoreWeave signs $6B deal with Jane Street to provide AI compute power
Jane Street said it needs GPU-based computing power to keep its trading and research operations competitive amid growing adoption of AI.
Technology
L&G brings £50B liquidity funds onchain via Calastone tokenized network
London-based Legal & General Asset Management is the latest global asset manager to expand distribution across blockchain networks and trading models.