Quick Breakdown Bio Protocol raised $6.9M from backers, including Animoca Brands and Arthur Hayes’ Maelstrom Fund. The platform integrates AI and blockchain to speed up the drug discovery pipeline. Its model uses onchain records and tokenized incentives to...
Quick Breakdown Luke Gromen says Bitcoin’s lack of yield makes it a safer store of value compared to Ethereum. Ethereum’s proof-of-stake model is attracting institutional investors seeking staking rewards. Bitcoin remains widely viewed as “digital gold,” with over...
Quick Breakdown David Sacks denies breaching his 130-day service cap as a special government employee. Lawmakers led by Elizabeth Warren allege Sacks may have exceeded his federal appointment limit. Concerns center on Sacks’ financial ties to crypto and...
Quick Breakdown ASIC allows intermediaries to distribute licensed stablecoins without holding separate financial licenses. Catena Digital’s AUDM stablecoin is the first to qualify under the exemption. ASIC is preparing updated crypto guidance and collaborating with Treasury on a...
Quick Breakdown MoneyGram launches USDC app in Colombia via Stellar and Crossmint, offering instant stablecoin transfers. Peso depreciation fuels adoption, with locals turning to stablecoins for stability and remittances. Bitcoin acceptance declines, with merchant numbers falling from 106...
Quick Breakdown First-of-its-kind: USDY is the first yield-bearing stablecoin launched on Stellar. Backed by Treasuries: Returns come from U.S. Treasuries and bank deposits. Instant access: Already integrated into Stellar apps like LOBSTR and Soroswap. Ondo Finance has launched...
Quick Breakdown DBS, Franklin Templeton and Ripple partner to launch tokenized trading and lending on the XRP Ledger. sgBENJI and RLUSD will be listed on DBS Digital Exchange, enabling 24/7 stablecoin-to-fund trading. The initiative taps into growing institutional...
Quick Breakdown ARK Invest purchased 160K Bullish shares worth $8.2M, raising its total holdings to $129M. Bullish stock has dropped 57% since its August IPO peak despite initial hype. Analysts remain split, with ratings ranging from “neutral” to...
Quick breakdown Trump’s Fed nominee Stephen Miran cited a “third mandate” requiring moderate long-term interest rates. The administration may use this clause to justify yield curve control and expanded money printing. Analysts say the move could weaken the...
Quick Breakdown The UK and the US are preparing a deeper crypto cooperation deal, focusing on stablecoins and digital securities sandboxes. UK banks and regulators face criticism over restrictive measures, including proposed limits on stablecoin holdings. Public appetite...
