Defi
RUNE Surges on Binance Hack Amid THORChain Laundering Concerns
THORChain's RUNE token jumps 13% as investigators link stolen Binance funds to the cross-chain protocol, reviving debate over its role in processing North Korean hacker proceeds.
Ripple Wins Final OCC Approval for $2.6B RLUSD Stablecoin Bank
Ripple National Trust Bank gains federal supervision for RLUSD reserves as crypto banking charters face legal challenges from community banks and lawmakers.
Franklin Templeton Deploys $150M in XRP Ledger Fund, Consolidates Holdings in Single Wallet
Investment giant adds $150M to tokenized money market fund on XRP Ledger, raising total holdings to $200M but concentrating all shares in one address.
HSBC Launches RedCoin Stablecoin to 3.3M PayMe Users in Hong Kong
HSBC debuts its Hong Kong dollar stablecoin RedCoin on PayMe app, targeting retail payments and tokenized investments as stablecoin adoption accelerates in Asia.
Circle Defends USDC Economics as Stablecoin Rivals Woo Partners with Better Cuts
Circle justifies its business model and profit margins as Coinbase backs Open USD, a rival stablecoin network offering partners a larger share of reserve income.
Circle Eyes 40 Developing Markets as Stablecoin Demand Surges
Circle's CEO Jeremy Allaire reveals expansion plans into Southeast Asia, Latin America, Africa and Middle East as stablecoin adoption enters mainstream scaling phase.
CFTC Sues Cash FX Group Over $950M Crypto-Linked Forex Scheme
Federal regulator targets multilevel marketing operation allegedly using cryptocurrency and forex trading as cover for $950M Ponzi scheme affecting hundreds of thousands.
Uzbekistan Launches Stablecoin Pilot With Government-Backed Som Token
Central Asian nation tests HUMO stablecoin pegged to Uzbek som, with 20+ merchants and banking integration planned over 12-month trial period.