Legal
Jury finds Do Kwon, Terraform Labs liable for multi-billion dollar fraud
The SEC emphasized that the verdict holds both parties accountable for a "massive crypto fraud" that caused "devastating losses for investors."
Mike Dalton 2 min read
Stablecoins News
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Crypto
Experts worry Ethena’s Bitcoin-backing strategy for USDe could bring ‘contagion risks’
Ethena has defends its Bitcoin-backed startegy amidst the rising skepticism.
Stablecoins
Circle CEO praises Ripple for launching own stablecoin on XRP
Crypto company Ripple revealed plans to launch a US dollar-backed stablecoin on XRPL and Ethereum.
Latest Stablecoins News & Analysis
Stablecoins
Solana’s stablecoin supply surges past $3 billion, USDC leads the charge
Solana's blockchain ecosystem has enjoyed a resurgence since the beginning of the year.
Stablecoins
VanEck to manage reserve fund for new Agora Dollar stablecoin venture after $12 million raise
The stablecoin sector has witnessed the entrance of several major traditional financial institutions, including PayPal, during the past year.
DeFi
Aave considers dropping DAI as collateral over contagion concerns from MakerDAO’s USDe move
MakerDAO could allocate $600 million worth of DAI stablecoin into Ethena's USDe through DeFi lending protocol Morpho Labs.
Crypto
Tether becomes seventh largest Bitcoin holder with recent $618 million purchase
Tether now owns 0.3% of Bitcoin's circulating supply.
Crypto
Coinbase to store more of its $220 million USDC holdings on Base
As of press time, the exchange only holds 17% of its USDC on Base.
AI
Tether enters AI race with pledge to build open-source LMMs to combat Big Tech
Tether data will focus on open-source multimodal AI models and is actively hiring at present.
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Exchanges
Binance ends Tron USDC support as it faces blockade in the Philippines
Regulation
US Lawmakers believe crypto regulation could become law by Election Day
Regulation
UK FCA to recover $8 million in costs via fees placed on stablecoin issuers, custodians
Exchanges
