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Tether Backs Ark Labs in $5.2M Round to Expand Stablecoins on Bitcoin
Tetherâs investment arm has invested in Ark Labs, the developer of the programmable Bitcoin infrastructure Arkade, as part of a $5.2 million funding round to expand stablecoin capabilities on the Bitcoin network.According to Thursdayâs…
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Democrats Promise to Oversee Reported DOJ Probe Into Binance
A group of Democratic senators say they will oversee a reported Justice Department investigation into possible Iran-related sanctions violations on the crypto exchange Binance.Senators Chris Van Hollen, Elizabeth Warren and Ruben Gallego…
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Babylon, Ledger Integration Expands Bitcoin Vault Access
Bitcoin staking infrastructure developer Babylon Labs has integrated with Ledger, a cryptocurrency hardware wallet maker, in a move that could make it easier for holders to put their Bitcoin (BTC) to work in financial applications without…
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Crypto is Just Finance on Different Infrastructure: ASIC
Blockchain and crypto are technologies performing the same functions as existing financial infrastructure, so they shouldnât be treated as separate asset classes when crafting legislation, according to the fintech chief of Australiaâs…
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$1.78M âVibe-Codedâ Oracle Bug Puts AI-Coauthored Contracts Under Scrutiny
Moonwell, a decentralized finance (DeFi) lending protocol deployed on Base and Optimism, was exploited for about $1.78 million after a pricing oracle for Coinbase Wrapped Staked ETH (cbETH) returned a value of about $1.12 instead of $2,200,…
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US Court Dismisses Binance, CZ Terrorism Financing Lawsuit
Former Binance CEO Changpeng âCZâ Zhao said centralized crypto exchanges have âzero motiveâ to assist terrorists after a US court dismissed a lawsuit accusing the exchange of facilitating terrorist financing.In a post on X, Zhao argued that…
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Florida Senate Approves First Stablecoin Bill, Awaits DeSantisâ Signature
Florida lawmakers have approved a state-level framework regulating payment stablecoins, moving the legislation to Governor Ron DeSantisâ desk for final approval.In a Friday post on X, Samuel Armes, founder of the Florida Blockchain Business…
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Aave Rift, Bitcoin Rebound and ETF Inflows Dominate the Crypto Week
Bitcoin and the leading cryptocurrencies staged a recovery this week following initial shockwaves from the outbreak of the US-Israel conflict with Iran.Bitcoin (BTC) initially fell to $63,245 on Sunday, before briefly recovering to $73,000…
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Fed Says Tokenized Securities Under Same Capital Rules
US regulators have clarified that tokenized securities will receive the same capital treatment as their traditional counterparts, saying the rules are âtechnology neutral.â The Federal Reserve, the Federal Deposit Insurance Corporation, and…
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Aave Proposal Clears First Hurdle After Split Vote
Aaveâs âAave Will Winâ framework passed its Temp Check vote, clearing the first formal stage of the protocolâs governance process. On Sunday, the off-chain Snapshot vote closed with 52.58% voting in favor, 42% against and 5.42% abstaining.…
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