Resolv Labs Faces Crisis as Stablecoin Loses Peg Amid Massive Token Minting by Attacker
An attacker has exploited the Resolv USR stablecoin to mint 80 million tokens and has reportedly been able to cash out at least $25 million.
CFTC Staff Provide Clear Guidelines on Utilizing Cryptocurrency as Collateral
The Commodity Futures Trading Commission staff has provided answers to frequently asked questions about the agency’s expectations around a crypto collateral pilot.
Nevada Judge Issues Temporary Block on Kalshi's Operations in the State
A Nevada state judge has sided with local authorities to ban Kalshi’s sports, election and entertainment event contracts in the state for 14 days.
Brazil’s Finance Minister Delays Cryptocurrency Tax Policy Implementation Ahead of Upcoming Elections, According to Reports
The South American country will hold its presidential election in October 2026, and incumbent Luiz Inácio Lula da Silva is running for re-election.
Bitcoin Mining Difficulty Decreases by 7.8% as Miner Exodus Intensifies with Shift Towards AI Technologies
Difficulty is now nearly 10% below where it started the year, despite a sharp 14.7% rebound in February after weather-related disruptions subsided.
Ledger Appoints Former Circle Executive as Chief Financial Officer and Launches New Office in New York City to Accelerate US Expansion
Ledger names John Andrews as chief financial officer and opens a New York office to expand its US operations and institutional business.
Investors Dive into Cryptocurrency: Why Institutions Are Making Moves Before the Market Bottoms Out
Nearly three-quarters of institutional investors plan to increase their digital asset allocations this year, with Bitcoin, Ether, stablecoins and tokenized assets seeing the most interest.
Brazil's New Finance Minister Pauses Crypto Tax Discussions to Focus on Election Priorities, Reports Reuters
The consultation was expected to address the tax treatment of crypto transactions following central bank regulations finalized last year.
Bitcoin Price Targets $70,000 as Inflation Fears Surge
Bitcoin searches for equilibrium at $70,000 while rising crude oil prices and tanking stock markets have investors worried over the future of inflation in the US.
Emerging Consensus Between White House and Lawmakers Signals Potential Deal on CLARITY Act
The deal reportedly focuses on stablecoin yield and interest-bearing stable tokens, a major pain point for the banking industry.
Grayscale Submits S-1 Registration for Hyperliquid ETF, Aligning with Bitwise and 21Shares in the Cryptocurrency Investment Space
Unlike Bitwise, Grayscale doesn’t plan to incorporate staking for its Hyperliquid ETF but hasn’t ruled out integrating it in the future.
Gold Experiences Historic Weekly Decline Amid Ongoing Conflict in Iran
Gold is also being impacted by rising anticipation that the US Federal Reserve won’t cut interest rates this year, while Fed chair Jerome Powell said inflation would rise.