In brief Plasma’s public token sale will commence on July 17, after $1 billion worth …
Stablecoin
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Regulations
Arthur Hayes Says Proposed Stablecoin Law Will Unleash Multi-Trillion-Dollar Liquidity Bazooka and Benefit Bitcoin, JPMorgan Chase – Here’s How
by shayaanby shayaanBitMEX co-founder Arthur Hayes believes the US legislation seeking to establish a framework for dollar-pegged …
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DeFi
Stablecoin banks like Erebor could inherit DeFi’s weakest links, says Web3 security firm
by shayaanby shayaanAs Erebor fills the void left by the collapsed SVB, experts are warning about the …
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In short The Russian weapon manufacturer Rostec is launching its own Stablecoin. The RUBX -Tokken …
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Regulations
Hong Kong activates stablecoin licensing on August 1 in major digital asset push
by shayaanby shayaanHong Kong’s stablecoin licensing regime is set to go live on August 1, a move …
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Regulations
Circle targets federally regulated trust status to manage stablecoin reserves, offer custody services
by shayaanby shayaanCircle applied to charter First National Digital Currency Bank to become a federally regulated trust …
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World Liberty Financial (WLFI), a Trump family-backed DeFi platform, has partnered with Re7 Labs to …
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Markets
Coinbase Outpaces S&P 500 With 43% June Rise as Stablecoin Narrative Grows: CNBC
by shayaanby shayaanShares of Nasdaq-listed cryptocurrency exchange Coinbase (COIN) rose 43% this month, making the firm the …
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Regulations
FATF sounds alarm over rising stablecoin misuse as global crypto rules lag
by shayaanby shayaanThe Financial Action Task Force (FATF) said in a report released this week that global …
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In brief A hacker drained nearly $9.6 million from Resupply by exploiting a vulnerability in …