The situation adds pressure to Binance, which is already operating under a compliance monitor following its $4.3 billion anti-money laundering and sanctions settlement in 2023.
More than 85 partners will work with Mastercard to connect on-chain payments with banks, merchants and global commerce as part of the payment giant's recent crypto program.
BTC traded near $69,500 after failing to hold $71,000 as the Iran war kept markets cautious. AI tokens including ICP, FET outperformed on strong retail demand.
The blockchain data flagged shows a spike in liquidations over the past 24 hours. Some observers believe the event may have been linked to a price update in an risk-oracle system that Aave uses to determine the value of collateral.
Digital dollar use in payments and crypto markets may slowly pull deposits from banks, forcing lenders to seek pricier funding, a new report by Jeffries finds.
According to the firm, the next wave of users that will onboard into crypto will be thanks to networks where users earn crypto by contributing work rather than buying tokens outright.
As the window narrows to pass a crypto market structure bill this year, lawmakers told bankers at a Washington summit that the final bill won't risk deposits.
Stablecoins are decoupling from crypto market cycles as they are increasingly used for digital payments, Bernstein analysts said, which bodes well for USDC issuer Circle.
The SEC chairman made clear that formal new ties between the U.S. markets regulators will run so deep as to include combined meetings with firms pitching products.
The International Energy Agency (IEA) on Tuesday said it will convene an extraordinary meeting of its member countries to consider releasing emergency oil reserves.