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Crypto

Crypto

StablR stablecoins depeg after exploit hits EURR and USDR

StablR’s EURR and USDR stablecoins slipped from par after a reported exploit, sharpening scrutiny of smaller euro-linked tokens as regulators debate tighter guardrails.

By Caleb Mwangi
Crypto

StablR stablecoin exploit sends EURR to $0.88, USDR to $0.70

StablR stablecoin exploit pushed EURR to about $0.88 and USDR to $0.70, showing how fast thin liquidity can punish smaller tokens when trust breaks.

By Caleb Mwangi
Crypto

Bitcoin ETF outflows reach $1.26 billion in worst week since January

US spot bitcoin ETFs lost $1.26 billion this week, their steepest outflow since late January, as higher yields and geopolitical stress undercut institutional crypto demand.

By Caleb Mwangi
Crypto

Kraken wins Dubai approval for regulated UAE crypto route

Kraken won preliminary approval from Dubai's VARA, opening a regulated UAE route for spot, OTC, staking and Prime services as exchanges compete for Gulf crypto flows.

By Caleb Mwangi
Crypto

Nasdaq wins SEC approval for bitcoin index options

Nasdaq won SEC approval to list bitcoin index options, giving institutions another regulated hedging route while CFTC clearance is still pending.

By Caleb Mwangi
Crypto

Galaxy, BitGo revive $100M claim in Delaware court fight

Galaxy and BitGo are battling in Delaware over a $100 million claim tied to their failed 2022 merger, keeping one of crypto's biggest broken deals alive in court.

By Caleb Mwangi
Crypto

Quantum risk is becoming a custody problem for crypto

Bitcoin quantum risk is starting to look like a custody issue, with 6.04 million BTC in exposed addresses and firms mapping post-quantum migration paths.

By Caleb Mwangi
Crypto

Polymarket probes suspected wallet compromise tied to Polygon top-up wallet

Polymarket said a suspected private-key compromise hit an internal Polygon top-up wallet after reports of a $520,000 drain, while user funds stayed safe.

By Caleb Mwangi
Crypto

Grayscale amends HYPE ETF filing as the crypto fund race broadens beyond bitcoin and ether

Grayscale's amended HYPE ETF filing follows early inflows into rival Hyperliquid funds, showing crypto ETF competition is moving beyond Bitcoin and Ether.

By Caleb Mwangi
Deals

Blockchain.com confidentially files for US IPO as crypto firms push for public listings

Blockchain.com has confidentially filed for an IPO with the SEC, joining Circle, Gemini, and BitGo in a wave of crypto-native companies seeking public listings as the regulatory environment shifts.

By Naomi Voss
Regulation

South Carolina anti-CBDC law bars state use, backs self-custody

South Carolina anti-CBDC law bars state agencies from digital-dollar tests and shields self-custody, mining and staking in statute.

By Tomás Iglesias
Crypto

Bitcoin nears $77,000 as ETF outflows hit institutional demand

Bitcoin fell toward $77,000 as $1.5 billion in spot ETF outflows and weaker derivatives positioning signalled a deeper institutional pullback.

By Caleb Mwangi
Crypto

AI Financial flags going-concern risk after $271.5m WLFI loss

AI Financial's going-concern warning followed a $271.5 million WLFI-driven loss, showing how locked tokens and thin cash can strain a listed balance sheet.

By Caleb Mwangi
Crypto

Japan blockchain finance plan backs tokenized deposits

Japan blockchain finance plan backs tokenized deposits, yen stablecoins and a five-year roadmap, pushing digital rails into mainstream market plumbing.

By Sloane Carrington
Crypto

Strategy buys 24,869 bitcoin for $2.01 billion as prices soften

Strategy added 24,869 bitcoin for about $2.01 billion in the week to May 17, lifting holdings to 843,738 BTC as the token traded lower on Monday.

By Caleb Mwangi
Crypto

Bitcoin inflation hedge faces ETF-flow stress test

Bitcoin inflation hedge trades look shakier as ETF outflows, higher yields and gold's lower volatility expose the risks in digital-gold positioning.

By Caleb Mwangi
Crypto

SBI, Rakuten prepare bitcoin and ether trusts for Japan retail investors

SBI Securities and Rakuten Securities are preparing Bitcoin and Ether trust products for Japanese retail clients, people familiar with the plans said Sunday, the latest sign that regulated crypto access is broadening beyond the ETF-heavy U.S. market.

By Caleb Mwangi
Crypto

Standard Chartered's $4tn tokenization call is really a DeFi market-structure bet

Standard Chartered's $4 trillion forecast matters because it implies DeFi could become the lending and settlement layer for tokenized institutional assets.

By Sloane Carrington
Crypto

Kraken layoffs show the crypto IPO window is cooling

Kraken's 150 job cuts and a drift toward a 2027 flotation suggest public investors still want steadier exchange revenue, not another bull-market growth story.

By Sloane Carrington
Crypto

Galaxy (GLXY) wins New York BitLicense as state crypto access widens

Galaxy's New York approval gives the firm access to a prized institutional market and underscores how U.S. crypto access is widening state by state before federal rules are settled.

By Caleb Mwangi
Crypto

Bitcoin drops below $78,000 as 10-year yield rises to 4.58%

Bitcoin's slide under $78,000 looked less like a crypto-specific shock than a rates trade as Treasury yields climbed and ETF flows turned negative.

By Caleb Mwangi
Crypto

Intesa Sanpaolo lifts crypto holdings to $235 million, adds Ethereum and XRP

Italy's largest bank expanded its crypto book to roughly $235 million in the first quarter, adding Ethereum and XRP exposure while almost eliminating its Solana position.

By Naomi Voss
Crypto

BlackRock (BLK) files tokenized stablecoin reserve fund with SEC

BlackRock filed twin SEC prospectuses for a stablecoin reserve vehicle and an on-chain Treasury fund share class, extending its push into tokenized cash management.

By Caleb Mwangi
Crypto

Bhutan disputes $1 billion bitcoin drawdown flagged by Arkham

Bhutan's sovereign fund disputed Arkham-linked data suggesting a $1 billion bitcoin drawdown, exposing how hard it is to verify state-backed reserve moves from wallet trails alone.

By Caleb Mwangi
Crypto

Strategy (MSTR) flags bitcoin sales for $1.5bn debt buyback

Strategy said it may use bitcoin sales, cash or ATM stock issuance to fund a $1.5 billion repurchase of 2029 notes, forcing investors to weigh debt cleanup against treasury risk.

By Caleb Mwangi