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CoinDesk (EN)The token fell from nearly $3 to about $0.50 in hours, wiping out close to $3 billion in market value, with no exploit or announcement to explain it. Onchain investigator ZachXBT warned in April that M's price had been propped up by insiders.
CoinDesk (EN)Japan's financial regulator cleared the U.S. dollar-backed token as a new category of payment instrument, letting SBI VC Trade offer it to institutions and retail. RLUSD remains small, at about $1.7 billion.
CoinDesk (EN)Sellers broke another support level on heavy volume, while the recovery failed to reclaim the zone that would ease downside pressure.
CoinDesk (EN)The token fell to about $59,000 before buyers stepped in, but the week's losses are steep across the board. A blowout Micron forecast lifted stocks and oil kept sliding, yet crypto did not follow.
CoinDesk (EN)In this week's edition of The Protocol Newsletter, we're looking at Ethereum's eventful week that started off with the launch of EthLabs, plus the layoffs at the Ethereum Foundation, and what this all means for the network.
CoinDesk (EN)Congress should not kneecap one of the clearest advances in payment infrastructure to protect community banks from a threat that has not been proven, argues Eco CEO Ryne Saxe.
CoinDesk (EN)The former CEO of the world's largest crypto exchange is seeking to redefine himself to the world on his own terms.
CoinDesk (EN)Geoff Kendrick said Aave has moved past April's cyberattack-related market disruption and is well positioned to benefit from growth in tokenized assets and DeFi.
CoinDesk (EN)A surge in Rune protocol activity is pushing Bitcoin transaction counts and fee generation to multi year highs.
CoinDesk (EN)A renewed rout in semiconductor stocks pulled risk assets lower again, and crypto kept sliding. Bitcoin is down 5% on the week, with ether and the memecoins falling harder.
CoinDesk (EN)The economist known as "Dr. Doom" is supporting a tokenized security backed by a Nasdaq-listed ETF he oversees, designed to protect wealth in global crises.
CoinDesk (EN)Fund issuers are exploring blockchain-based ETFs amid fears of missing an early foothold in tokenized finance.
CoinDesk (EN)The alliance, called Project Pangea, plans to use stablecoins to settle multimillion-dollar currency trades between Europe and South Korea in near real time.
CoinDesk (EN)With bitcoin testing its 200 week moving average, on-chain data suggests the $50,000 to $54,000 range could become the next key battleground.
CoinDesk (EN)The former Robinhood Crypto executive will oversee operations as Agora scales its rapidly growing AUSD stablecoin business.
CoinDesk (EN)EU lawmakers backed a legal framework to develop an ECB digital currency by 2029 so the continent can stop relying entirely on U.S. credit card and stablecoin giants.
CoinDesk (EN)Bitcoin lost 2.5% to $62,300 and ether fell more than 4% while $717 million in liquidations amplified losses across altcoins.
CoinDesk (EN)The license will enable Ripple to offer its stablecoin payment systems to European companies and expand into broader crypto functions.
CoinDesk (EN)Weak volume and fading momentum kept XRP pinned near the bottom of its recent range, with the $1.05-$1.10 area emerging as the market's key line in the sand.
CoinDesk (EN)tZERO and Securitize are squaring off over tokenization patents as the market attracts more of Wall Street's attention.
