Stablecoins
Latest (last?) CLARITY draft sparks last-minute stakeholder push
Congress unveils the latest CLARITY Act draft amid fierce lobbying from banks and unions, impacting digital asset rewards and DeFi...
Circle’s Q1 USDC revenue, profit fall but ARC token presale a winner
Circle's Q1 profits dip despite a $222M presale of its new ARC token, while USDC gains market share and transaction...
Crypto might be dead
The 2024-25 crypto landscape reveals a shift towards practical utility, as speculation fades and real value emerges in the blockchain...
South Korea shifts from crypto to stocks and stablecoins
South Koreans cut crypto holdings by half as investors shift to stocks and dollar-backed stablecoins amid market uncertainty.
Coinbase loses $400 million, 1.5 million customers and 14% of staff
Coinbase faces a $394M loss as memecoin traders exit, AI-driven layoffs grow, and USDC revenue faces mounting pressure.
Banks reject US stablecoin compromise, public shrugs at crypto
Crypto firms are pushing a stablecoin compromise to revive stalled U.S. legislation, but banks resist, while the public remains indifferent.
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