Crypto News

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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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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Russia’s government submitted a bill to its parliament’s lower house in an effort to amend the country's legal code to attach criminal liability for crypto services offered without regulatory approval or licensing.In a draft law sent to the…
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At least 12 DeFi protocols and crypto businesses have been attacked in just over two weeks since the $280 million Drift Protocol exploit on April 1.Attacks aimed at crypto protocols or companies since the start of April include CoW Swap,…
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Bitcoin (BTC) rallied above $78,000 to hit another 10-week high on Friday as crypto and equity markets reacted to cooling tensions in the US and Israel war in Iran. The rally above range highs also resulted in a large liquidation of…
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Stablecoin issuer Tether, the company behind USDt (USDT), said Thursday it will back a $150 million recovery program for the Drift Protocol decentralized exchange (DEX) following an exploit of the platform in April.The recovery plan for the…
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Circle Internet Group is facing a class action lawsuit led by a Drift Protocol investor claiming it failed to freeze funds stolen in a $280 million exploit of the protocol on April 1.The lawsuit was filed by Drift investor Joshua McCollum…
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The committee, led by Tether’s head of government affairs, reported spending $3 million on advertising through a company co-founded by Tether US CEO Bo Hines.The latest filing by the crypto-aligned political action committee (PAC) headed by…
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