Disclosure: The views and opinions expressed here belong solely to the author and do not represent the views and opinions of crypto.news’ editorial. If you’ve been worried about what the GENIUS Act can inadvertently do to DeFi lending, don’t. Stablecoins are the quiet workhorses of crypto. They’re not flashy, they don’t swing 30% in a…
Chinese regulators are reportedly clamping down on the growing hype around stablecoins, ordering firms to stop promotions around the subject. Summary Chinese regulators have reportedly ordered firms to cancel stablecoin events and halt related research. The clampdown comes as concerns grow that local hype is fueling fraud and misleading promotions. Despite the clampdown, insiders say…
BOB, a Bitcoin DeFi project, has raised $21m through multiple funding rounds to advance its hybrid blockchain that combines Bitcoin’s security with Ethereum’s DeFi capabilities. Summary BOB has raised a total of $21 million through multiple funding rounds since December 2024, incl. a recent $9.5 million strategic round that attracted new investors and increased commitments…
BIO, the native token of the DeSci platform Bio Protocol, surged after the project expanded staking for BIO and other ecosystem tokens on the Ethereum mainnet. Summary BIO has hit a five-month high of $0.103. Staking for BIO and BioDAO tokens recently went live on the Ethereum mainnet. The token is nearing a potential double-bottom…
Ethereum has broken out of its week-long slumber, posting fresh gains as whales and institutions double down. SharpLink, one of the largest public holders of ETH has increased its stack with a fresh buy, offering a boost to price. Summary Ethereum is trading above $3,900, up 7% in 24 hours. ETH-focused treasury company SharpLink bought…
A group of cryptocurrency threat actors dubbed “GreedyBear” has stolen over $1 million in what researchers describe as an industrial-scale campaign spanning malicious browser extensions, malware, and scam websites. Summary GreedyBear has reportedly stolen over $1 million through malicious extensions, malware, and scam websites. More than 650 malicious tools targeting cryptocurrency wallet users were identified…
Gemini co-founders Cameron and Tyler Winklevoss have made an undisclosed investment in American Bitcoin Corp., a mining firm partly owned by US President Donald Trump’s sons Eric and Donald Jr. Summary Cameron and Tyler Winklevoss invested an undisclosed amount in American Bitcoin Corp., partly owned by Eric and Donald Trump Jr. The investment was part…
Large XRP holders are back to offloading their bags, and analysts fear that the impact could soon start showing up in the price. Summary Large XRP holders have resumed heavy outflows, pushing the 90-day whale inflow average into negative territory. Analysts draw comparisons to a similar pattern earlier this year that preceded a 50% price…
MAMO crashed shortly after it began trading on Coinbase, halting a week-long surge that had pushed the token up over 120%. Summary MAMO dropped nearly 20% after its Coinbase listing, after gaining over 120% earlier in the week. Trading volume for MAMO surged 150% over the past day as traders seem to be locking in…
Aave is showing signs of stability near the $265 level after a sharp retracement, even as it becomes the first decentralized finance protocol to surpass $60 billion in net deposits. Summary Aave price consolidates at $265, up 3% daily, but down 6% in 30 days. Net deposits top $60B, while TVL and fees signal growing…
