Explore the intersection of cryptocurrency and traditional finance with the latest news, analysis, and insights on digital assets and global markets.
Finance
Cetus Protocol, a decentralized exchange built on the Sui network, has relaunched following a $223 million exploit that shook its foundation in late May. In a blog post published June 8, the project unveiled a comprehensive new roadmap aimed at rebuilding trust, enhancing security, and compensating affected users. Cetus Relaunch
Finance
BiT Global, a firm tied to TRON founder Justin Sun, has officially ended its legal battle with Coinbase over the exchange’s decision to delist wrapped Bitcoin (wBTC). The lawsuit, originally filed in late 2024, accused Coinbase of anti-competitive behavior following the launch of its own wrapped Bitcoin token, cbBTC.
Finance
Deutsche Bank is expanding its exploration into digital assets, joining a growing roster of global financial institutions looking to harness blockchain technology to modernize payment systems. The German banking heavyweight is actively evaluating the use of stablecoins and tokenized deposits, signaling a broader industry trend toward more efficient, programmable finance.
Finance
Uber is taking a serious look at stablecoins as a potential tool for payments, CEO Dara Khosrowshahi confirmed during the Bloomberg Tech Summit held Thursday in San Francisco. While still in the exploratory phase, the global ride-hailing and delivery giant sees promising use cases in the crypto-based technology—particularly for
Finance
The US dollar has slipped to its lowest level in three years against both the euro and the British pound—an unsettling development for traditional finance but a potentially pivotal moment for cryptocurrency. As global markets reassess the strength of fiat currencies, many investors are turning to Bitcoin as a
Finance
In a landmark moment for the crypto industry, Circle, the issuer of USD Coin (USDC), officially went public today on the New York Stock Exchange (NYSE) under the ticker CRCL. Shares began trading at $31, making Circle the first major stablecoin company to be listed on a US stock exchange.
Finance
U.S. stocks closed with mixed results on Wednesday as concerns over economic growth and inflation resurfaced following a disappointing jobs report and cautious signals from the Federal Reserve’s latest Beige Book. The Dow Jones Industrial Average snapped its four-day winning streak, ending the session down 91.90 points,
Finance
Global crypto payments provider MoonPay has received a major regulatory green light from the New York State Department of Financial Services (NYDFS), earning the coveted BitLicense. With this approval, MoonPay can now operate independently across all 50 U.S. states, eliminating the need to rely on third-party partners for its
Finance
China-based Webus International has taken a significant step toward crypto adoption, filing a disclosure with the U.S. Securities and Exchange Commission (SEC) detailing plans for a $300 million XRP-focused corporate treasury initiative. The move, submitted via a Form 6-K — a standard filing for foreign companies updating U.S. investors
Finance
Tether, the company behind the world’s largest stablecoin, has allocated a massive 10,500 Bitcoin—worth approximately $1.1 billion—to facilitate SoftBank’s investment in Twenty One Capital (XXI), a firm focused on Bitcoin-related financial strategies. The move was disclosed by Tether CEO Paolo Ardoino, who shared details
Finance
In a landmark move underscoring the growing intersection of traditional finance and blockchain, Consensys, the company behind MetaMask and a key player in Ethereum’s infrastructure, has led a $425 million private placement for SharpLink Gaming. The Minnesota-based affiliate marketing firm is now positioning itself to build what it claims
Finance
Circle’s Cross-Chain Transfer Protocol (CCTP) hit a record $7.7 billion in bridging volume in May—an 83% jump from April and a new all-time high. The milestone comes at a pivotal time for the stablecoin issuer, which recently launched its long-anticipated initial public offering (IPO) and turned down