Solana protocol MarginFi’s $300m exodus slows amid founder shakeup, airdrop frustration

dlnews.com Mounting anger at Solana lending protocol MarginFi boiled over Wednesday, when co-founder Edgar Pavlovsky abruptly resigned after saying he would sabotage a planned airdrop.…

U.S. Stablecoin Bill Would Rein In Tether, Boost Coinbase And Circle, Outlaw Algorithmics

forbes.com Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) introduced the Payment Stablecoin Act of 2024 on April 17. Gillibrand called it a “landmark bipartisan…

Binance Vs SEC: US DOJ Contradicts SEC’s Position That BUSD, Stablecoins Are Securities

coingape.com Binance Vs SEC: In the latest development in the lawsuit, Binance Holdings and former CEO Changpeng “CZ” Zhao revealed key details in the United States v. Eisenberg lawsuit…

Stripe to Allow Merchant Payments in USDC Stablecoin This Summer

coinspeaker.com Coinspeaker Stripe to Allow Merchant Payments in USDC Stablecoin This Summer After dropping its Bitcoin payments facility six years back in 2018, payments giant Stripe is…

New EU MiCA crypto regulations: What’s changed and why?

ambcrypto.com New rules oversee strict measures, including KYC for CASPs, to prevent money laundering. In response to the growing concerns surrounding money laundering and illicit…

Stripe Brings Back Crypto Payments Via USDC Stablecoin

coindesk.com Six years after dropping support for bitcoin (BTC) and, thus, crypto payments altogether, Stripe is bringing back the service later this summer, though initially only for…

Stripe To Bring Back Crypto Payments With USDC On Solana

coingape.com Financial service provider Stripe has big plans for the upcoming summer and this includes enabling crypto payments With USDC stablecoin on the Solana blockchain. The Sojourn…

Stripe brings back crypto payments

dlnews.com Payments giant Stripe announced Thursday that it would be resuming crypto payments in 2024. “After nearly ten years, accepting crypto is back on Stripe, coming this summer,”…

Fintech leader Stripe integrates USDC payments across Solana, Ethereum, and Polygon blockchains

cryptobriefing.com Stripe, a major player in digital payments, is set to accept crypto payments, starting with Circle’s stablecoin USDC on Solana, Ethereum, and Polygon networks, as shared by…

What Are the Best Stablecoins to Invest In? Our Top 3 Picks

investorplace.com These up-and-coming stablecoins could prove themselves as big money-makers In the blockchain finance space, knowledge of growth and its timing are important. For many…

Ark Invest isn’t worried about the Fed as analysis shows Bitcoin bull run is in ‘early to mid stages’

dlnews.com The Bitcoin rally is steaming ahead and shows no signs of slowing. That’s the takeaway from Ark Invest’s latest Bitcoin market report, published Wednesday. The report came…

Europe tightens crypto regulations with new anti-money laundering laws

cryptoslate.com Crypto Asset Service Providers (CASP) in Europe would have to implement stringent Know Your Customer (KYC) procedures to combat money laundering following the European…

EU Introduces New Anti-Money Laundering Regulation: Here’s What it Means to Crypto

cryptonews.com has formally passed a new anti-money laundering regulation (AMLR), applicable to all crypto-asset service providers (CASPs). The laws would provide more powers to Financial…

Top Democrat Predicts Imminent Deal On Stablecoin Regulation

coingape.com Representative Maxine Waters, leading Democrat on the Financial Services Committee, foresees an agreement with Chairman Patrick McHenry concerning stablecoin regulation.…

Brazilian Megabank Nubank Launches BTC, ETH, SOL Withdrawals

cryptonews.com The Brazilian megabank Nubank is launching withdrawal services for Bitcoin (BTC), Ethereum (ETH), and Solana (SOL), in the latest bullish move from the neobank. In an…

‘Huge Disaster’

forbes.com 04/24 update below. This post was originally published on April 23 Bitcoin has just undergone its latest halving supply cut, triggering "unprecedented" crypto "chaos."…

New Stablecoin Bill Draws Mixed Reactions

thedefiant.io U.S. Senators Cynthia Lummis and Kristen Gillibrand have introduced new legislation for stablecoin issuers. After months of drafting and deliberations, U.S. Senators Cynthia…

Chase Sapphire Reserve review: A rockstar among premium travel cards

fortune.com Fortune Recommends™ has partnered with CardRatings for our coverage of credit card products. Fortune Recommends™ and CardRatings may receive a commission from card issuers.…

Circle says market size isn’t everything as its stablecoin trails Tether’s USDT

dlnews.com Forget market value... for a second. When it comes to stablecoins, there’s another vital factor to consider — how are people using them? This was the key message made by…

Investors funnel $4.2bn into stablecoins in a week as demand heats up

dlnews.com The supply of stablecoins circulating on blockchains is increasing, with investors adding $4.2 billion worth of dollar-pegged cryptocurrencies since the start of the month.…

Stablecoin Market Cap Sees Strong Recovery, Here’s Why This Is Bullish: ITB

cryptopotato.com The stablecoin market has recovered significantly from its plunge in the last two years due to the bear market, recording substantial volumes and activity since October…

Mt. Gox Users Finally Receive Payments, BTC, Bitcoin Cash Selling Pressure Incoming?

bitcoinist.com Bitcoin exchange Mt. Gox has reportedly begun repaying its users, providing a glimmer of hope for those affected by the exchange’s infamous hack over a decade ago. The…

Woo X Exchange Makes History with World’s First Tokenized T-Bills for Retail Investors

cryptonews.com Woo X Exchange made history by introducing the world’s first tokenized U.S. Treasury bills on April 22, providing retail investors access to this traditional financial asset…

The best foldable phones in 2024

businessinsider.com When you buy through our links, Business Insider may earn an affiliate commission. Learn more The OnePlus Open offers the best experience of any foldable phone we've tested.…

Central banks gun for stablecoins with tokenisation push

dlnews.com A version of this story appeared in our The Guidance newsletter on April 8. Sign up here. GM, Joanna here. Central banks worry about the increasingly crowded stablecoin…

Crypto Exchange Woo X Claims a First With Tokenized Treasury Bills for Retail Investors

coindesk.com None Crypto exchange Woo X says this is the first time tokenized T-Bills will be available to retail customers. Woo X is claiming bragging rights for being the first…

$60 Million Tether (USDT) Already Issued on TON within Three Days after Launch

coinspeaker.com Coinspeaker $60 Million Tether (USDT) Already Issued on TON within Three Days after Launch Soon after Tether announced bringing its USDT stablecoin to the TON blockchain…

$60 Million USDT Already Issued on TON, Making it 11th Largest Blockchain for Tether

cryptonews.com The world’s leading stablecoin issuer Tether has made a fast start on The Open Network (TON), issuing $60 million worth of USDT since integrating with the blockchain on…

Financial Strategist Says XRP Price Has no Limitations

thecryptobasic.com Black Swan Capitalist co-founder and notable financial strategist Versan Aljarrah has boldly asserted that there is no ceiling to the price of XRP. Aljarrah recently…

PayPal stablecoin PYUSD soon available on Triple-A

cryptobriefing.com Singapore-based licensed payment firm Triple-A is set to integrate PayPal’s stablecoin, PYUSD, into its range of token offerings by the end of June, according to a recent…

Don’t call it a stablecoin: How did a ‘synthetic dollar’ generate a yield of 113%?

aol.com A cryptocurrency called USDe, from Ethena Labs, has become the fastest-growing dollar-denominated asset in crypto history. While it took the stablecoin titans Tether and…

Top Crypto Exchange Binance Converts $1,000,000,000 Secure Asset Fund From Bitcoin and BNB to Stablecoin USDC

dailyhodl.com Binance has converted all of the crypto in its $1 billion emergency insurance fund into the stablecoin USDC. The top global crypto exchange established the “Secure Asset…

BlackRock’s BUIDL surged 200% in weeks

dlnews.com After a flying start, inflows into BlackRock’s Ethereum-based tokenised fund are leveling out. BUIDL began with $100 million in funding, and attracted another $160 million…

The 7 best things to stream this weekend, from a Netflix reality show to one of the year's best horror movies

aol.com None Check out new shows like "Under the Bridge" this weekend. • None Movies like "Late Night With the Devil" are newly streaming. • None There's also a new season of "The…

BlackRock, Coinbase lead crypto hiring spree that’s just getting started: ‘2024 is the right time to grow’

dlnews.com Crypto industry players are back hiring talent in another sign of market optimism. Exchanges Binance, Coinbase, and Kraken are just three of the crypto firms advertising new…

Why the Big Four apparently won’t audit Tethers $108bn reserves

dlnews.com Ever since Tether came to dominate the stablecoin market, the issuer has been bedevilled by a big question — why doesn’t the company produce audits of its reserves? Now CEO…

Ethena’s ‘risky’ USDe has ‘an edge over Tether, Circle,’ but…

ambcrypto.com None USDe is better than Tether or Circle because they share yield with users, says Hayes • None However, USDe has risks worth understanding before jumping into it Ethena’s…

Chia Network Makes Progress Toward an IPO, CEO Says

coindesk.com which uses a novel consensus mechanism for running its blockchain, has made progress toward getting its stock trading through an initial public offering, its CEO said…

Binance $1 Billion Emergency Fund Converted to USDC

watcher.guru In an interesting development for the cryptocurrency exchange, Binance has converted its $1 billion emergency fund into USDC. Indeed, the exchange officially announced the…

Binance receives license in Dubai, moves SAFU fund to USDC

blockworks.co Binance has secured a virtual asset securities provider (VASP) license from Dubai’s Virtual Assets Regulatory Authority. Binance said that its Dubai arm can now offer…

Binance Converts $1B SAFU Fund to USDC, Now 3% of Circulating Supply

cryptopotato.com Binance has announced that it is converting its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC). Following the $1B conversion into USDC, this stash now…

Sen. Lummis: It'll Pay to 'Choose Circle Over Tether' Under U.S. Stablecoin Proposal

coindesk.com Circle Internet Financial would have a distinct advantage over global stablecoin leader Tether under U.S. regulations along the lines being suggested by new legislation,…

Regulated Dollar Stablecoins Created by a Proposed New Senate Bill Would be Crypto’s Ultimate Trojan Horse

unchainedcrypto.com A new stablecoin bill proposed in the U.S. Senate embodies the duality of regulation: though its immediate purpose is to put up guardrails around one segment of the…

Circle debuts way to trade BlackRock tokenized fund shares for USDC

blockworks.co Holders of BlackRock’s first tokenized fund will now be able to transfer their shares to receive USDC. Transfers will be possible on the secondary market via new smart…

Ripple to face off against Circle, PayPal with new USD stablecoin

dlnews.com Ripple will launch a new stablecoin later this year. The company behind the XRP Ledger blockchain broke the news on Thursday, betting that integrating it with its payments…

Binance converts $1B emergency fund to USDC

cryptobriefing.com Binance has converted $1 billion from its Secure Asset Fund for Users (SAFU) into Circle’s stablecoin USD Coin (USDC), effectively placing the fund to represent…

Binance enhances SAFU fund stability through USDC amid regulatory progress in Dubai and India

cryptoslate.com Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into Circle’s USD Coin (USDC) stablecoin, according to on-chain data. In an April 18…

Ex-Coinbase Exec Nana Murugesan Joins zkSync Developer Matter Labs As President

coingape.com Nana Murugesan, former VP of international & business development at Coinbase, has joined Matter Labs, the developer of zkSync, as president. Alex Gluchowski, chief…

Binance Converts Secure Asset Fund (SAFU) for Users to USDC

unchainedcrypto.com Crypto exchange Binance has converted the entire balance of a pool of assets held in an emergency fund for users into Circle’s USDC stablecoin. In an announcement on…

Binance Converts $1 Bln SAFU Assets Into USDC, Bolstering Stability

coingape.com In a recent unprecedented plot twist, Binance, the world’s leading cryptocurrency exchange, revealed that it plans to convert all SAFU assets into USDC, sparking a buzz…

Missed Ethena’s $500m airdrop? The DeFi project is already planning the next one

dlnews.com Airdrop chasers scooped up more than $500 million from Ethena’s first airdrop. The over 90,000 users who participated in Ethena’s six-week airdrop campaign — which kicked…

Senators Lummis and Gillibrand Introduce New Bill to Regulate Stablecoins

cryptonews.com Senators Cynthia Lummis and Kirsten Gillibrand have joined forces to propose a new bill aimed at regulating stablecoins. The bill, which focuses on defining how stablecoins…

UK Lawmakers Call for Govt to Develop Crypto, Blockchain Skills Pipeline

coindesk.com Members of the U.K. Parliament have made a unanimous call for the government to invest in building skills to match the demand for employment from crypto, blockchain and…