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Yield-bearing stablecoins are growing faster than the broader market as US lawmakers remain divided over how crypto yield should be regulated. Yield-bearing stablecoins are growing faster than the broader stablecoin market, according to Messari, as Washington remains divided over how crypto-linked yield should be treated under US law. Yield-bearing stablecoins have outpaced the growth of the broader stablecoin market 15-fold over the past six months, according to a Messari research report published on Thursday. The increase was driven by a 198% rise in the market cap of Circle’s USYC (USYC), a 169% increase in Paxos’ Global Dollar (USDG), a 114% rise in the value of the Tron DAO-linked Decentralized USD (USDD), and a 91% rise in Ondo Finance’s Ondo US Dollar Yield (USDY). The overall stablecoin market capitalization rose 9%. Read more
The Bank of England is open to fixes on its proposed stablecoin framework, but one official said it needs better feedback from crypto industry participants. The Bank of England’s (BOE) position on stablecoins is evolving to a more friendly stance, but according to the bank’s deputy governor, constructive dialogue with the industry is still lacking. The UK’s central bank launched a consultation on stablecoins in November last year. Some of the proposed requirements drew the ire of crypto industry representatives, who claimed they could stifle innovation. Over the past few months, the bank has been working with industry groups to develop its stance on stablecoins. These include revising backing requirements and rethinking account limits. Read more
Prediction market volume scales every month, as resolution infrastructure becomes a bottleneck. Opaque outcomes drive capital to headline markets only. Opinion by: David Azubike, lead analyst at Blocksquare Prediction markets are no longer an experimental corner of crypto. Data now shows something durable: a financial category with sustained volume, diversified participation and increasing institutional attention. Prediction markets are emerging as a new “arbitrage arena” for crypto traders. Monthly notional volume in prediction markets scaled to more than $13 billion by late 2025 from less than $100 million in early 2024 as markets diversified across verticals, according to a joint research report from Dune and Keyrock. Read more
XRP’s technical and onchain signals hint at a significant breakout, with bulls eyeing an “explosive” rally toward $2.55. XRP’s (XRP) price was up 3% on Friday to trade above $1.40 as several technical and onchain indicators suggested it was due for a “significant” upward breakout. Key takeaways: XRP’s Bollinger Bands indicator now sees the potential for a massive price breakout. Read more
Hong Kong is set to issue its first stablecoin issuer licenses, with HSBC and Standard Chartered likely among a “very small number” of initially approved issuers, local media reported. HSBC Holdings and a joint venture led by Standard Chartered are reportedly set to become the first authorized stablecoin issuers in Hong Kong. The Hong Kong Monetary Authority (HKMA) is expected to issue stablecoin licenses to HSBC and Standard Chartered, the South China Morning Post reported Thursday, citing people familiar with the matter. HSBC and Standard Chartered are set to be in the first batch as authorities reportedly prioritize institutions already authorized to issue banknotes in the city. The Hong Kong government, through the HKMA, authorizes banknote issuance to three commercial banks, including local branches of HSBC, Standard Chartered and the Bank of China. Read more
The crypto conference organizer said tickets will remain valid for the rescheduled April 2027 event, with holders also able to transfer tickets to the Singapore event. Update March 13, 10:56 am UTC: This article has been updated to add more information about the regional situation and additional details from the announcement. The Dubai edition of Token2049, one of the crypto industry’s largest global gatherings, has been postponed until 2027 due to regional uncertainty affecting international travel and event logistics. The organizers said on Friday that the conference, originally scheduled for April 29-30, in Dubai, will instead take place on April 21-22, 2027. Read more
Bitcoin price analysis saw conditions slowly "building” to support a breakout as BTC emerged as the strongest macro performer since the US and Israel-Iran war began. Bitcoin (BTC) hit eight-day highs into Friday’s Wall Street open as markets awaited key US inflation cues. Key points: Bitcoin shows resilience despite macro market uncertainty with another push beyond $72,000. Read more
Sweden is investigating a reported leak tied to CGI Sverige after hackers claimed they exposed source code from the country’s e-government platform. A threat actor has claimed to have leaked source code and other sensitive material it said came from CGI Sverige, the Swedish subsidiary of global IT consulting and outsourcing firm CGI Group. Cybersecurity accounts on X and local media reported Thursday that a threat actor calling itself ByteToBreach had published the material online, according to Swedish news outlet Aftonbladet. CGI told Aftonbladet its cybersecurity team discovered an incident involving two internal test servers in Sweden that were not used in production. The company said an older application version and its source code were accessible, but that there was no indication that customer production data or operational services were affected. CGI press secretary Agneta Hansson confirmed to the news outlet that authorities are investigating the leak. Read more
MetaComp’s Pre-A+ funding round, backed by Alibaba and Spark Venture, brings the total capital raised to $35 million, with aims to expand its StableX Network globally. Singapore-based MetaComp said Friday it completed a new funding round backed by Alibaba, as the company expands its stablecoin payment infrastructure. MetaComp completed a Pre-A+ round backed by Alibaba, bringing the cumulative total to $35 million across two rounds in three months, according to the announcement. The latest round also featured the European early-stage venture capital investor Spark Venture, with Beijing-based 100Summit Partners serving as exclusive financial adviser. Read more
US and China's yield crossover amid whale buying suggest Bitcoin may be close to a price bottom, setting up for a move toward six figures in the coming months. Bitcoin (BTC) may approach a market bottom, with a macro model tied to the US and China’s benchmark 10-year bond yields hinting at a potential rally toward $100,000 in the months ahead. Key takeaways: Bitcoin whales show signs of accumulation that were seen near the 2023 market low. Read more
Vitalik Buterin said he is no longer closely aligned with the Future of Life Institute after its strategy shifted following his 2021 SHIB donation. Ethereum co-founder Vitalik Buterin said Friday that he is no longer closely aligned with the Future of Life Institute, a group that received SHIB tokens from him in 2021. Buterin said the institute initially pitched a broad roadmap to reduce existential risks, including threats tied to artificial intelligence, biotechnology and nuclear weapons, along with wider public education and research initiatives. He said that vision helped motivate his Shiba Inu (SHIB) donation. Buterin said the institute later moved toward cultural and political advocacy around AI risks, an approach he described as materially different from the strategy outlined when he donated. Read more
Miners who treat their Bitcoin holdings as a working asset rather than a passive reserve “will carry a structural edge into the next halving,” says Wintermute. Many Bitcoin miners are struggling to turn a profit this market cycle due to diminishing returns, so they may need to pivot to artificial intelligence hosting or put their holdings to work to generate yields, says market maker Wintermute. Wintermute said in a blog post on Thursday that Bitcoin (BTC) miners have spent years building large-scale power infrastructure in low-cost energy markets, and they now find themselves “sitting on exactly what the AI industry needs most urgently and cannot easily replicate.” It said that Bitcoin mining is a “structurally rigid business model,” and while the AI pivot is a compelling one, it is also a “drastic and capital-intensive step.” Read more
The iShares Staked Ethereum Trust will distribute staking rewards on a monthly basis from institutional-grade Ethereum validators run by Figment, Galaxy Digital and Attestant. BlackRock’s staked Ethereum exchange-traded fund has tallied $15.5 million in trading volume on its first trading day, which a market analyst described as “very, very solid” despite falling short of two similar Solana staking products that launched last year. Nasdaq data shows the iShares Staked Ethereum Trust (ETHB) had 592,804 shares traded on its debut on Thursday, with Bloomberg ETF analyst James Seyffart noting on X that the product turned over around $15.5 million. “Very, very solid for a day 1 ETF launch,” Seyffart said. Read more
Senator John Thune reportedly said that the chamber would prioritize the SAVE America Act before addressing a vote on bipartisan bills like crypto market structure. US Senator Majority Leader John Thune reportedly said he doesn’t expect the chamber to move forward with legislation to establish digital asset market structure before April. According to a Thursday Punchbowl News report, Thune said that the Senate planned to prioritize voting on the SAVE America Act, a bill that would require voters to provide proof of US citizenship in person to register. The majority leader addressed reporters on Thursday saying that the bill would go to the chamber next week, adding that lawmakers would focus on the crypto market structure bill and other bipartisan bills after the SAVE America Act vote. Read more
SEC Commissioner Hester Peirce urged regulators to simplify corporate disclosure rules and allow experimentation with tokenized securities via a potential innovation exemption. US Securities and Exchange Commission (SEC) Commissioner Hester Peirce said regulators should avoid micromanaging markets and consider simplifying disclosure requirements as discussions around tokenized securities continue. Peirce, often referred to as “Crypto Mom” for her generally supportive stance toward the digital asset industry, made the remarks Thursday during a speech to the SEC’s Investor Advisory Committee, warning that overly prescriptive rules can distort how capital flows through financial markets. Citing Adam Smith, the 18th-century economist widely regarded as the father of modern economics, Peirce argued that regulators should exercise restraint when shaping market outcomes. Read more
The integration allows institutions to stake Ether held in Anchorage custody and receive Puffer’s liquid restaking token while earning staking and restaking rewards. Anchorage Digital has integrated with Puffer Finance to give institutional clients access to Ethereum liquid restaking through its custody platform. According to Thursday’s announcement, institutions can stake Ether held with Anchorage and receive Puffer’s liquid restaking token, pufETH, directly into their accounts. The token represents a restaked ETH (ETH) position that can be transferred or deployed across supported onchain applications while continuing to earn staking and restaking rewards. Institutions using the platform can participate in restaking without running validators or managing staking infrastructure themselves. Read more
The provision banning the Federal Reserve from issuing a central bank digital currency was included in housing affordability legislation. The United States Senate voted on Thursday to include an amendment in the 21st Century Road to Housing Act that would prohibit the Federal Reserve from issuing a central bank digital currency (CBDC). The CBDC prohibition will remain in effect until Dec. 31, 2030, according to the amendment in the bill. The legislation, which passed 89-10, stated: However, the bill does not prohibit any dollar-denominated digital currency that is “open, permissionless, and private,” such as stablecoins. Read more
While a judge granted a motion by Changpeng Zhao, he also ordered the plaintiffs in the case against Binance to file a second complaint or face ”total or partial dismissal.” A federal court in Alabama has granted a motion to dismiss a 2024 complaint filed against Binance, its separate US entity Binance.US and former Binance CEO Changpeng “CZ” Zhao over allegations that the cryptocurrency exchange facilitated transferring funds to terrorist groups. In a Wednesday order, US District Court for the Middle District of Alabama Magistrate Judge Chad Bryan granted a motion filed by Zhao requesting that significant portions of the complaint be dismissed. The complaint, filed in February 2024, alleged that the three defendants “violated, and may be continuing to violate, the Anti-Terrorism Act” by facilitating the transfer of funds to Hamas. While Bryan granted the motion to dismiss, he also ordered that the group of plaintiffs submit a second amended complaint no later than April 10 or potentially face “the prospect o...
The startup’s smartphone-based biometric system aims to help crypto platforms detect AI-generated accounts while preserving user privacy through onchain verification. Startup VeryAI has raised $10 million in a seed funding round led by Polychain Capital to launch a palm-scan identity verification system designed to distinguish real users from AI-generated accounts. The platform records identity attestations on Solana and aims to help crypto exchanges, fintech companies and online platforms address growing risks from bots, deepfakes and synthetic identities. The company said zero-knowledge proofs allow users to verify their status across platforms without revealing personal information. The system captures palm images using a smartphone camera and converts them into encrypted biometric signatures used to confirm that a user is human without storing identifiable data. Read more10222 items