OCC Lets Crypto Firms Keep Paying Stablecoin Rewards

The OCC’s new GENIUS Act rules let exchanges like Coinbase and Robinhood keep paying interest-like stablecoin rewards, despite warnings from banks about deposit flight. TLDR Federal regulators have confirmed that crypto exchanges can keep paying interest-like rewards on stablecoin balances. Under the OCC’s new GENIUS Act rules, stablecoin issuers like Circle still cannot pay interest […]

Aviva Investors Tokenizes $29B Sterling Fund on XRP Ledger

Aviva Investors has launched a tokenized share class of its Sterling Liquidity Fund on the XRP Ledger, its second tokenized fund and a major step for real-world asset tokenization. TLDR Aviva Investors has launched a tokenized share class of its Sterling (GBP) Liquidity Fund on Ripple’s XRP Ledger (XRPL). The fund is the asset manager’s […]

Strategy Halts Bitcoin Purchases, Spends $205 Million Buying Back STRC Shares Instead

Michael Saylor’s Strategy has temporarily paused its Bitcoin accumulation strategy, choosing to spend approximately $205 million repurchasing its preferred stock instead. The decision marks a shift in the company’s recent capital allocation priorities as it balances its enormous Bitcoin treasury with the financial obligations associated with its preferred shares. Despite skipping its latest weekly Bitcoin […]

Ethereum Developers Fix Critical Glamsterdam Bug That Threatened Staking Deposits

Ethereum developers have resolved a potentially serious vulnerability in the upcoming Glamsterdam upgrade that could have allowed block builders to withdraw ETH intended for staking validators. The flaw raised concerns about the security of staking deposits during Ethereum’s transition to a new block-production system. Although no funds have reportedly been lost, the discovery highlights the […]

Bitcoin And Ethereum Face Further Downside As Ansem Warns Of AI Stock Market Risks

Bitcoin and Ethereum could face another wave of selling pressure as prominent cryptocurrency trader Ansem turns bearish on both assets and major technology stocks. The trader believes weakening technical trends, excessive enthusiasm surrounding artificial intelligence (AI), and growing macroeconomic uncertainty could trigger further market volatility. His warning comes as investors reassess the sustainability of the […]