R25, a stablecoin and real-world asset protocol incubated by Alibaba’s Ant Financial, has officially launched on-chain with Polygon as its first network partner. Summary R25 launches rcUSD+ on Polygon. The stablecoin pays yield from real-world assets. Ant Financial tech powers asset verification. The debut introduces rcUSD+, a stablecoin that will generate yield directly from a…
This Friday, we examine Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid in greater detail. Ethereum (ETH) Ethereum is down 4% this week as the market remains bearish. The price continues to hold above the $3,000 support, but buyers appear absent, which may extend the downtrend. With sellers in control since the start of November, momentum…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Ethereum (ETH) is showing renewed strength after the U.S. government ended its historic 43-day shutdown, an event that had weighed heavily on investor confidence across global markets. Related Reading: Ethereum’s Fusaka Upgrade Is Just Around The Corner—What To Expect ETH price is…
Blockchain security platform Socket has warned of a new malicious crypto wallet extension on Google’s Chrome Web Store that has a unique way of stealing seed phrases to drain user assets. The extension is called “Safery: Ethereum Wallet” and claims itself as a “reliable and secure browser extension designed for easy and efficient management” of…
Key Takeaways The US Financial Accounting Standards Board (FASB) is evaluating the inclusion of crypto asset transfers in its agenda. Current derecognition practices for crypto assets lack formal accounting rules, creating gaps in financial reporting. Share this article The US Financial Accounting Standards Board (FASB) is evaluating whether to formalize accounting rules for crypto asset…
Seismic has raised $10 million in a round led by a16z to break the privacy barrier that’s kept fintechs from using public blockchains for sensitive services like private credit and cash accounts. Announced Nov. 12 by founder Lyron Co Ting Keh, the funding—joined by Polychain, dao5, Amber Group, TrueBridge Capital, and LayerZero Labs—brings the startup’s…
VeChain clarifies that the 2019 blocklist action was a one-time, community-approved response. VeChain has issued a firm clarification denying recent allegations made in a report published by Bybit’s Lazarus Security Lab, which claimed that the blockchain includes a hidden feature allowing funds to be frozen. In a statement released on Thursday, VeChain categorically rejected…
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Dogecoin price has spent the past few days attempting to recover from a decline that has affected the entire industry for weeks, shifting from a clear downtrend earlier in the month into a more constructive structure. After dipping below the $0.16…
Today in crypto, Grayscale has filed an IPO application in the United States. Singapore says only fully regulated, reserve-backed stablecoins will count as settlement assets under upcoming legislation, and President Donald Trump has signed a disputed funding bill, ending the longest US government shutdown. Asset manager Grayscale files for US IPO Grayscale Investments, an asset…
Key Takeaways Luxembourg’s Finance Minister sees Bitcoin as integral to Europe’s competitive financial strategy. Luxembourg’s Sovereign Wealth Fund is the first in Europe to allocate 1% of its portfolio to Bitcoin. Share this article Luxembourg Finance Minister Gilles Roth said Thursday that the country’s Intergenerational Sovereign Wealth Fund (FSIL) allocated 1% of its portfolio exclusively…
