Singapore Gulf Bank adds stablecoin mint and redeem for 24/7 settlement

In recent developments, the Bahrain-based lender lets institutional clients convert fiat currency to US dollar-pegged stablecoins directly from their accounts. Looking closer, market participants highlight key drivers such as liquidity…

Ramp Network rolls out multichain wallet for simpler self-custody

In recent developments, the crypto infrastructure company said its new wallet lets users buy, sell, swap and cash out digital assets in one app without relying on outside providers. Looking…

Morning Minute: $11T+ Schwab Goes All In on Crypto

In recent developments, schwab’s offering spot BTC & ETH trading (with a hefty fee), while CFTC Chair Selig is getting hit from both sides of the political aisle. Looking closer,…

SEC Officials Push US Crypto Ambitions in Debut Podcast Episode

In recent developments, the agency’s chairman, Paul Atkins, sat down with two key commissioners to outline a shift away from enforcement. The development has drawn attention from traders and analysts…

Circle Hit With Class Action Lawsuit Over $285M Drift Protocol Hack

In recent developments, lawyers allege Circle failed to freeze stolen USDC during an eight-hour window as hackers moved funds from the exploited trading platform. Looking closer, market participants highlight key…

At least a dozen crypto entities attacked since Drift Protocol hack

In recent developments, rhea Finance and the Russia-linked Grinex exchange were hacked for a combined $21 million over the past two days. The development has drawn attention from traders and…

Crypto in sustained winter as CEX volumes drop 39% in Q1: CoinGecko

In recent developments, march was the “weakest month” with $800 billion in centralized crypto exchange trading volume, the lowest since November 2023. Looking closer, market participants highlight key drivers such…

Texas man in $20M Meta-1 Coin fraud sentenced to 23 years in prison

In recent developments, meta-1 Coin was sold and marketed from 2018 to 2023 as an investment backed by $44 billion in gold and $1 billion in artworks, which turned out…

Ex-Treasury chief warns of US bond crash, calls for contingency plan

In recent developments, “When we hit it, it will be vicious, so we have to prepare for that eventuality,” said former Treasury Secretary Henry Paulson on a potential US Treasury…

Bitcoin eyes $90K as whales absorb 20x daily BTC supply in 30 days

In recent developments, bitcoin price has entered the breakout stage of a classic bullish reversal pattern and is now eyeing a run toward $90,000. Looking closer, market participants highlight key…