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US aluminium giant Alcoa is reportedly nearing a deal to offload its long-idle Massena East smelter in upstate New York to Bitcoin mining firm New York Digital Investment Group (NYDIG).The company is in advanced discussions and expects the…
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The impact of stablecoins on the banking sector appears “limited” at the current phase of the adoption cycle, but banks could face increasing competition and an erosion of market share as the stablecoin sector and tokenized real-world…
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Total value locked on decentralized lending protocol Aave dropped by nearly $8 billion over the weekend after hackers behind the $293 million Kelp DAO exploit borrowed funds on Aave, leaving roughly $195 million in “bad debt” on the…
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Stablecoin issuer Circle has launched USDC Bridge, a new user interface built on top of the Cross-Chain Transfer Protocol (CCTP) that seeks to simplify native cross-chain transfers of the USDC stablecoin.On Friday, Circle’s USDC X account…
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Foundation, one of the better-known Ethereum-based non-fungible token (NFT) marketplaces of the 2021 boom, is shutting down after the sale that was supposed to keep it operating fell apart.Kayvon Tehranian, Foundation’s founder and CEO,…
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Key takeaways:Solana maintains its market dominance in DEX volume and TVL despite SOL’s underperformance versus its peers.Easing sell pressure from volatile geopolitics and a resurgence in memecoin activity could catalyze a SOL price rally…
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AllUnity, a regulated European stablecoin issuer, is expanding its euro-pegged stablecoin, EURAU, across major decentralized exchanges (DEXs).The company announced Thursday that its EURAU stablecoin is entering liquidity pools across major…
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Stablecoins behave like a fragmented foreign exchange market, where liquidity is spread across blockchains and pools, creating price differences and uneven access to dollar liquidity.Moving stablecoins looks simple on the surface. But under…
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Hayes's core view is that BTC's price is driven by the quantity of money, not its cost, meaning even rate hikes won't necessarily hurt it. Bitcoin’s near-term direction…
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Key Takeaways Six-month investigation identifies 100 North Korean agents working in cryptocurrency companies Ethereum Foundation-backed research exposes covert developer network across blockchain industry DPRK-linked…
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