Market News
Check out the news cycle for the past 24 hours and see what’s moving the market today!
Stablecoin remittances cost 84% less than traditional transfers, report finds
Borderless.xyz data shows major savings on cross-border business payments, with stablecoin transfers also settling faster than traditional international bank wires.
CFTC Wants to Drop Gemini’s $5M Settlement. A Judge Just Said No
The judge ruled that a shift in the CFTC's enforcement priorities and misconduct allegations against its enforcement division weren't enough to reopen a deal Gemini signed weeks before trial.
Crypto.com, Gemini, and a16z among donors in $210.5M flow to Trump super PACs
The significant donations to Trump super PACs highlight potential ethical concerns about corporate influence on regulatory decisions. Crypto.com, Gemini, and a16z among donors in $210.5M flow to Trump super PACs.
Japan’s 3 Megabanks Complete Joint Yen Stablecoin Pilot
SMBC, Mizuho and MUFG said a joint stablecoin and cross-border payments pilot confirmed the feasibility of a multi-bank issuance model ahead of live use.
MSCI Finalizes Rules Threatening Index Exclusion for Strategy and Crypto Treasury Firms
MSCI has completed its review and will implement updated eligibility standards for the Global Investable Market Indexes, classifying certain non-operating companies as ineligible.
Crypto Biz: Wall Street closes at 4. Tokenized stocks keep trading
Tokenized stocks are drawing trading activity beyond Wall Street hours, while Bitcoin miners confront costly AI expansion and new accounting rules could benefit stablecoins.
Ledger Thieves Might Have a New Big ProblemāStealing From Criminals
The Ledger wallet crisis just took another twist that could, in theory, lead to movie-like battles between criminal groups, as ābig boss task scam brosā reportedly lost millions to Ledger hardware wallet tamperers. Analysts at…
Toronto police charge three Canadian Armed Forces reservists in kidnapping of crypto exchange owner
The case highlights vulnerabilities in crypto security and military oversight, potentially prompting stricter regulations and security measures. Toronto police charge three Canadian Armed Forces reservists in kidnapping of crypto exchange…
Chainalysis Says Big Ledger Theft Victim Was Itself a Scammer
Chainalysis says one of the biggest Ledger theft victims was a task scammer who lost over 60 BTC, about $4.8M, after moving scam proceeds to Ledger wallets.