Custodia, Vantage propose token that toggles between bank deposits and stable…

In recent developments, the proposed system aims to connect traditional banking infrastructure with blockchain-based payment networks with banks retaining customer deposits. Looking closer, market participants highlight key drivers such as…

Ireland mulls crypto safeguards in response to financial risks

In recent developments, for the first time in seven years, the Irish government released an assessment related to digital assets, noting risks from money laundering, terrorism financing, sanctions violations and…

Bitcoin decouples from tech stocks: Is $60K BTC’s next stop?

In recent developments, bitcoin’s slump accelerated as capital rotated further into the AI sector, raising the odds of a BTC price drop below $60,000. Looking closer, market participants highlight key…

Malta proposes DeFi rulebook covering DAOs under MiCA-era framework

In recent developments, the Maltese regulator is seeking industry feedback on a legal framework for software-governed organizations, arguing that many DeFi projects are not fully decentralized. Looking closer, market participants…

US crypto ETFs are pulling Bitcoiners into TradFi: BlackRock’s Jay Jacobs

In recent developments, the merger of crypto, decentralized finance and traditional finance is being referred to as the “Great Convergence” at BlackRock. Looking closer, market participants highlight key drivers such…

Celsius’ Mashinsky gets permanent trading ban in CFTC settlement

In recent developments, the US commodities watchdog has settled with Celsius founder Alex Mashinsky, ending the agency’s first-ever case against a crypto lending platform. Looking closer, market participants highlight key…

Microsoft warns users of ‘Crypto Clipper’ malware spread via USB drives

In recent developments, the malware blends data theft with remote code execution, “turning a financially motivated stealer into a lightweight backdoor,” Microsoft said. Looking closer, market participants highlight key drivers…

Charles Schwab to enter prediction markets with S&P 500 wagers: WSJ

In recent developments, the offering from the financial services company will reportedly only include yes-or-no bets on whether the S&P 500 closes above or below a target price. Looking closer,…

Ethereum faces core development funding crisis, former contributor warns

In recent developments, the warning comes as the Ethereum Foundation reduces spending, adjusts its treasury strategy and undergoes a wave of leadership departures. Looking closer, market participants highlight key drivers…

Kalshi in early IPO talks with investment banks: Report

In recent developments, the prediction market platform is reportedly exploring a public listing after surpassing $2 billion in annualized revenue as sports contracts face mounting legal scrutiny. Looking closer, market…