StablecoinsBIS: Dollar Stablecoins Pose Risks for Banks
BIS general manager warned that USDT and USDC behave like ETFs and could force sales of government debt in a stress scenario.
StablecoinsBIS general manager warned that USDT and USDC behave like ETFs and could force sales of government debt in a stress scenario.
MarketsPolymarket is in talks to raise $400M at a $15B valuation. ICE already invested $600M, with the total round potentially reaching $1 billion.
RegulationA California federal judge dismissed a class-action lawsuit over Caitlyn Jenner's JENNER memecoin for the second time, ruling it fails the Howey test.
MiningAlcoa sells its idle Massena East smelter to Bitcoin miner NYDIG. Deal expected mid-2026 as US industrial sites convert to crypto mining.
AltcoinsWorldcoin (WLD) fell 13.4% to $0.28 as World, Sam Altman's company, announced iris-scanning for Zoom, Tinder and Docusign to fight deepfakes.
StablecoinsCircle launched USDC Bridge, a native cross-chain USDC transfer tool built on CCTP. Supports 17 EVM blockchains with automatic gas and real-time status.
TechnologyX Cashtags generated $1B in trading volume in its first 48 hours. Wealthsimple is the launch partner. Part of Musk's X Money plan.
SecurityETH Rangers revealed 100 North Korean IT agents in Web3. Ketman Project alerted 53 companies and published an open-source detection framework for the industry.
InstitutionalStrategy's $60.5B Bitcoin portfolio turned profitable for the first time in 3 months. MSTR shares +10% as BTC hit $77K after Iran opened the Strait of Hormuz.