File this under things you couldn’t say two years ago: Blockchain technology is maturing, and its potential for compliant, mainstream use is growing. “Banks are in the state where they are thinking about blockchains as public infrastructure that they need to rely on,” Chainalysis co-founder...
Cryptocurrency thefts surged by 303% during the first quarter to $1.67 billion. That jump was primarily driven by the historic billion-dollar hack on the Bybit exchange, Seeking Alpha reported Saturday (April 5), citing data from blockchain security firm CertiK. This figure represented 197 hacks during...
The Securities and Exchange Commission (SEC) says that stablecoins, generally speaking, are not securities. That’s according to a statement from the regulator’s Division of Corporate Finance issued Friday (April 4), which means that these coins do not need to be registered with the commission. The...
PayPal and Venmo users can now buy, hold, sell and transfer two more cryptocurrencies — Chainlink (LINK) and Solana (SOL) — directly in their accounts. Parent company PayPal Holdings said in a Friday (April 4) press release that it added these tokens in response to...
As President Donald Trump’s latest tariff announcements sent shock waves through global markets, the cryptocurrency sector found itself caught in the crossfire, raising questions about the long-term implications for crypto and blockchain. The immediate reaction in the crypto market was one of volatility. Bitcoin fell...
Some crypto executives are reportedly pushing Congress to allow stablecoin issuers to pay interest on their U.S. dollar-pegged tokens. The executives aim to add this provision to stablecoin bills that are being considered by the House and Senate, Reuters reported Thursday (April 3). Currently, stablecoin...
U.S cryptocurrency stocks fell in early trading Thursday (April 3) following the latest White House tariffs. As Reuters reported, the sweeping new levies have left investors shaken, leading them to sell riskier assets. Bitcoin fell 2.3%, the report added, with ether down 3.3%. While President Donald...
Fidelity Investments has launched a new IRA plan that lets investors directly invest in crypto, including bitcoin, ether and litecoin. The Fidelity Crypto IRA was launched Wednesday (April 2) and joins several crypto exchange-traded funds offered by Fidelity that enable investors to track the prices of digital...
Ripple has integrated its U.S. dollar-denominated stablecoin, Ripple USD (RLUSD), into its cross-border payment solution, Ripple Payments. RLUSD features built-in global enterprise utility that improves the speed and efficiency of cross-border payments, the provider of digital asset infrastructure for financial institutions said in a Wednesday...
