USR issuer Resolv Labs says its collateral pool remains intact after an exploit on Sunday that minted 80 million unbacked tokens and drove the US dollar stablecoin as low as $0.14.
Bitcoin’s 20-week rolling correlation with the S&P 500 has turned positive, a signal that has historically preceded major BTC price declines.
TPS breakthroughs get engineers excited, but TradFi is looking at Ethereum because that’s where the liquidity is, says Kevin Lepsoe of ETHGas.
Tether blocked billions in USDt tied to scams and laundering cases as authorities increasingly rely on stablecoin issuers to halt suspicious funds.
Bitcoin struggled to breach $70,000 this month, while inflation rates decreased in Japan and some countries reevaluated crypto tax codes.
Hotter US PPI inflation data boosted precious metals but punished Bitcoin bulls, with BTC price downside nearing 3% on the day.
South Korea’s National Tax Service reportedly published a wallet seed phrase in a press release, and tokens worth $4.8 million were swiftly drained in the latest custody blunder for the authorities.
PYUSDx lets developers issue app-specific stablecoins backed by PayPal USD with fast launch, cross-chain support and branded token options.
Bitcoin price strength failed to reclaim a key support zone with traders still expecting the bear market to match previous cycles.
Crypto traders blame Jane Street for a daily 10 a.m. Bitcoin dip after a Terraform lawsuit claimed dubious trading practices, but analysts say timing matches broader risk repricing.