Tag
#stablecoin
1165 stories
Sharplink Receives 5,000 ETH in First Inflow Since October 2025
Sharplink, the second-largest corporate holder of ether, announced it received 5,000 ETH valued at approximately $7.85 million on June 26, 2026. This marks its first ether inflow in eight months, despite the firm facing a significant unrealized loss of nearly $1.8 billion, according to CoinDesk.
3 days ago·CoinDesk·Reported by Shaurya Malwa
Invesco Files for Tokenized Fund to Tap Stablecoin Reserve Market
Invesco has submitted a filing with the SEC to launch the Invesco Stablecoin Reserves Onchain Fund, aimed at the reserve market for stablecoins. The fund will primarily invest in cash and short-term U.S. Treasuries, as reported by CoinDesk.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Polymarket to Refund Users Following $3 Million Cybersecurity Breach
Polymarket confirms it will refund affected users after hackers exploited a vulnerability, stealing about $3 million in cryptocurrency. The platform suffered two security incidents within two months, according to a report by Decrypt.
4 days ago·Decrypt·Reported by Sander Lutz
SBI Holdings Acquires Bitbank for $289 Million to Become Japan's Largest Crypto Exchange
SBI Holdings has announced an agreement to acquire Tokyo-based Bitbank in a deal valued at approximately $289 million, pending regulatory approval. This acquisition is projected to position SBI as Japan's largest cryptocurrency exchange by asset value, according to coverage from Decrypt.
4 days ago·Decrypt·Reported by Decrypt Agent
Base Network Recovers from Block Production Issue Ahead of Upgrade
Base, an Ethereum layer-2 network supported by Coinbase, resolved a block production issue that caused an outage lasting over two hours, as reported by Decrypt. The outage coincided with a planned upgrade, and the network has since resumed operations.
4 days ago·Decrypt·Reported by Logan Hitchcock
CoinEx Denies Claims of Facilitating Sanctioned Iranian Crypto Transactions
CoinEx has rejected allegations of facilitating over $3.84 billion in cryptocurrency transactions involving sanctioned Iranian platforms, following a report by TRM Labs. The exchange insists it operates as a neutral platform without ties to Iranian entities, countering claims from a recent Wall Street Journal article, as covered by Decrypt.
4 days ago·Decrypt·Reported by André Beganski
Story Protocol Rebrands as DATA Foundation, Targets AI Copyright Issues
Formerly known as Story Protocol, the startup rebrands to DATA Foundation and shifts its focus to AI training data. Backed by Andreessen Horowitz, it aims to provide blockchain solutions for verifying the origins and licensing of datasets used in AI, as reported by CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
Bitcoin Price Declines as Strategy's STRC Reaches Record Low
Bitcoin's value fell to around $58,188, impacted by the declining price of Strategy's preferred stock, STRC. According to Decrypt, STRC's price dropped over 25% from its par value, contributing to broader liquidations in the crypto market.
4 days ago·Decrypt·Reported by André Beganski
Uniswap and Spark Team Up to Build Stablecoin FX Market
Uniswap and Spark are collaborating to create a foreign-exchange system for stablecoins, migrating $150 million in liquidity to support major stablecoins like USDT and PYUSD, according to CoinDesk. This initiative aims to enhance liquidity management as financial institutions increasingly venture into the stablecoin market.
4 days ago·CoinDesk·Reported by Krisztian Sandor
Circle and Nomura Team Up for Digital FX Settlements in Japan
Circle and Nomura Holdings announce a partnership to launch a USD Coin-based settlement service for cross-border transactions in Japan, potentially rolling out in 2027. This initiative aims to improve efficiency in Japan's foreign exchange market, which currently handles approximately $440 billion in daily transactions, according to CoinDesk.
4 days ago·CoinDesk·Reported by Olivier Acuna
MSTR and STRC Stocks Hit 52-Week Lows Amid Crypto Market Fluctuations
Strategy’s MSTR and STRC have dropped to 52-week lows as stress tests on Michael Saylor's treasury model increase. Decrypt reports that MSTR fell 9.35% to $94.13, while STRC slid 7.41% to $80.84, raising concerns in the broader crypto market.
4 days ago·Decrypt·Reported by Tyler Warner
Bitcoin Derivatives Indicate Market Panic Ahead of Core PCE Release
Investors in bitcoin derivatives exhibit heightened fear, paying premiums for downside protection as the core Personal Consumption Expenditures (PCE) data approaches, according to CoinDesk. A disappointing inflation reading could prompt a bullish market shift, while higher energy prices contribute to anticipated increases in headline inflation.
4 days ago·CoinDesk·Reported by Omkar Godbole
MemeCore's M Token Plummets 74% Amid Allegations of Price Manipulation
MemeCore's M token has dropped approximately 74% within 24 hours, erasing nearly $3 billion in market value without any clear explanation, according to CoinDesk. On-chain investigator ZachXBT previously indicated that M's price may have been artificially supported by insiders.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Bitcoin Establishes $59,000 Support Level Ahead of Core PCE Report
Bitcoin has established a new support level at $59,000, according to CoinDesk. This comes as traders prepare for the upcoming U.S. core PCE inflation report, which is expected to influence the cryptocurrency’s price trajectory significantly.
4 days ago·CoinDesk·Reported by Omkar Godbole
Ripple's RLUSD Stablecoin Launches in Japan Following Regulatory Approval
Ripple's RLUSD stablecoin receives regulatory approval in Japan, allowing SBI VC Trade to offer it to both institutional and retail customers. This marks a significant step for Ripple in the Japanese market as it seeks to expand its presence despite RLUSD's relatively small market capitalization of $1.7 billion compared to larger competitors.
4 days ago·CoinDesk·Reported by Shaurya Malwa
Standard Chartered Projects Aave Token to Reach $3,500 by 2030
Standard Chartered forecasts that Aave's token (AAVE) will rise nearly 50 times to $3,500 by the end of 2030, based on a recent research note. The bank attributes this potential growth to a recovery in liquidity levels and an estimated expansion in decentralized finance (DeFi) assets, as reported by Decrypt.
5 days ago·Decrypt·Reported by Decrypt Agent
Kalshi Seeks $40 Billion Valuation as It Competes with Polymarket
Kalshi is aiming for a $40 billion valuation in a new funding round, nearly doubling its previous valuation of $22 billion, according to a report by Financial Times. This effort could bolster its lead over rival Polymarket, which seeks funding at a $15 billion valuation, as both platforms dominate the prediction markets sector.
5 days ago·CoinDesk·Reported by Helene Braun
Ethereum Foundation Faces Cuts Amid Launch of New Research Group
The Ethereum Foundation recently announced a 40% budget cut and laid off 20% of its workforce, coinciding with the launch of EthLabs, a new research organization. This development raises questions about the network's future, as some industry leaders view it as an opportunity for greater decentralization, according to CoinDesk.
5 days ago·CoinDesk·Reported by Margaux Nijkerk