Analysis, explainers and market notes, newest first.
Stablecoin neobank Fasset raised a $68M Series C led by Japan's SBI Group at a $1B valuation, with plans for a Malaysia digital bank and expanded cross-border stablecoin payments.
XRP surged roughly 50% this week, its best weekly performance since November 2024, as traders tied the move to a US Treasury buyback program and speculation that officials may be engineering lower long-term borrowing costs.
Term Finance, a DeFi lending protocol built with a seven-day timelock and LP veto to stop malicious proposals, was drained of an estimated $8.5 million after a governance exploit bypassed both safeguards.
Tether's $120 million bitcoin mining buildout in Uruguay shut down after state utility UTE cut power over a contract dispute, Reuters reported — a rare public setback for the stablecoin issuer's mining push.
Stablecoin-linked card spending crossed $1 billion in July for the first time, with USDC and USDT funding over 70% of transactions as crypto rails reach grocery aisles and ride queues.
US spot bitcoin and ether ETFs pulled in $2.6 billion combined over the past week — their strongest inflow week since October — as weekly trading volume more than tripled to $29 billion alongside a sharp price rally.
US spot bitcoin and ether ETFs pulled in $2.6 billion combined over the past week — their strongest inflow week since October — as weekly trading volume more than tripled to $29 billion alongside a sharp price rally.
BitMart has hired White & Case as restructuring counsel and aims to publish a partial-restart and creditor-payout roadmap by September 9, weeks after announcing its shutdown.
The Sandbox disabled cross-chain bridging on Base and BNB Chain after an exploit minted roughly 49 billion unbacked SAND, isolating the affected tokens and warning users not to trade on those networks.
ZEC traded above $800 for the first time since 2018 after Grayscale filed its fifth amended SEC application to convert its Zcash Trust into a spot ETF, fueling billions in futures volume.
