StablecoinX bets on Ethena ecosystem with Nasdaq debut

In recent developments, uSDe circulating supply has shrunk by 70% since the October bull market peak, when it topped $14 billion. The development has drawn attention from traders and analysts…

BitGo cuts 15% of staff to sharpen focus on AI, stablecoins

In recent developments, bitGo co-founder and CEO Mike Belshe says the layoffs are “a one-time action” and the company doesn’t see the need for further staff reductions. Looking closer, market…

AscendEX withdrawal complaints mount as ZachXBT questions reserves

In recent developments, multiple users reported delayed AscendEX withdrawals after ZachXBT flagged potential liquidity issues and urged the exchange to explain its reserves. Looking closer, market participants highlight key drivers…

Australian regulator extends no-action period for crypto licensing

In recent developments, australia’s financial regulator extended temporary enforcement relief for digital asset businesses until Sept. 30 as firms transition into the country’s licensing system. Looking closer, market participants highlight…

Hyperliquid added to Singapore’s Investor Alert List

In recent developments, singapore’s financial regulator added Hyperliquid to its Investor Alert List, as a reminder that the decentralized exchange was not licensed in the region. Looking closer, market participants…

Coinbase’s Base resumes block production after 2-hour outage

In recent developments, coinbase’s blockchain Base says a consensus problem knocked its network offline for around two hours on Thursday before it returned online. Looking closer, market participants highlight key…

Sharplink buys ETH after 8-month pause as token hits 2026 low

In recent developments, in May, Sharplink CEO Joseph Chalom named three catalysts that could push up the price of Ether, some of which have begun to materialize. Looking closer, market…

Tether stablecoin flips Ether by market cap as ETH routs to $1.5K

In recent developments, ether prices are currently back at crucial long-term support levels last visited in October 2023 and April 2025. The development has drawn attention from traders and analysts…

Polymarket hit by $2.9M theft, users to be refunded

In recent developments, polymarket said it contained the compromise and removed the affected dependency after attackers injected a malicious script into its frontend. Looking closer, market participants highlight key drivers…

Bitcoin ETFs post June’s biggest daily outflows as BTC falls below $60K

In recent developments, uS Bitcoin ETFs recorded $696.3 million in outflows as Bitcoin slipped below $60,000, lifting year-to-date losses to $4.6 billion. Looking closer, market participants highlight key drivers such…