The Solana Company (HSDT) said it plans to build a high-speed infrastructure network across the Asia-Pacific region to support the growth of the Solana blockchain and diversify its revenue streams. The initiative, dubbed “Pacific Backbone,” will connect Seoul, Tokyo, Singapore and Hong Kong with a low-latency cluster designed to support staking, validation and trading services […]
Bitcoins BTC$64,893.90 a very modest recovery from its steep overnight selloff quickly faded during US morning trading on Monday as broader risk markets fell sharply. Trading at $65,400 near noon on the East Coast, bitcoin has fallen 35% over the past 24 hours. The action took place as US stocks fell. The S&P 500 and
BTC slips towards $65,000 amid US stock prices Read More »
Crypto.com said it received conditional approval from the US Office of the Comptroller of the Currency (OCC) to establish a national trust bank, setting the stage for the exchange to expand its custody services under federal supervision. The planned Foris Dax National Trust Bank, doing business as Crypto.com National Trust Bank, will operate as a
Crypto.com Wins OCC Approval for Federally Regulated Crypto Custodian Bank Read More »
USD1, the US dollar stablecoin of World Liberty Financial — a crypto protocol with close ties to President Donald Trump’s family — slipped from its $1 peg on Monday amid what the project’s developers described as a “coordinated attack” against the protocol. The token fell as low as $0.994 during the day, about 0.6% from
Trump-linked USD1 stablecoin falters as WLFI says it’s under ‘coordinated attack’ Read More »
Several Russian-linked crypto exchanges continue to allow transactions linked to sanctioned entities, according to a report published Friday by blockchain analytics firm Elliptic. The report outlines how certain platforms enable users to convert rubles into cryptocurrencies, transfer money across borders outside of traditional banking channels, and cash out through overseas brokers or exchanges. Elliptic said
Elliptical flag Russia-linked crypto exchanges over sanctions exposure risks Read More »
CoinDesk Indices presents its daily market update highlighting the performance of leaders and laggards in the CoinDesk 20 Index. CoinDesk 20 is currently trading at 1917.67, down 2.4% (-47.79) since 16 ET Friday. Two of the 20 assets are trading higher. Leaders: AAVE (+1.7%) and UNI (+0.5%). Lagging behind: SUI (-4.8%) and SOL (-4.8%). The
AAVE rises 1.7%, while the index trades lower over the weekend Read More »
Standard Chartered still expects the stablecoin market to reach $2 trillion by the end of 2028, which should translate into about $1 trillion in new demand for Treasury bills, the bank said in a Monday report. As of early 2026, the total stablecoin market cap is around $300-$320 billion. “This will result in approximately $0.8-$1.0
Austria’s financial regulator said it banned the European arm of KuCoin from conducting new business and onboarding customers after the crypto exchange lost key compliance staff just months after receiving a Markets in Crypto Assets (MiCA) permit to operate across the EU. KuCoin EU no longer has key function holders in anti-money laundering (AML) and
Austria’s FMA Bans Kucoin EU Due to Anti-Money Laundering, Lack of Compliance Staff Read More »
By Omkar Godbole (All times ET unless otherwise noted) Tax uncertainty is back to haunt the markets, and it’s no surprise bitcoin BTC$66,151.35 traders are chasing downside protection. On Friday, the United States Supreme Court ruled against President Donald Trump’s emergency tariffs from last April. Within hours, Trump had announced new tariffs and invoked a
Tariff Claims Resurface, Bitcoin Holders Prepare for Fall: Crypto Daybook Americas Read More »
The crypto market experienced a rare period of volatility in Asian hours on Monday with bitcoin BTC$66,171.47 falling more than 5% to $64,270 shortly after midnight UTC before bouncing back to $66,300 at 11:00 UTC. The sale and subsequent termination mirrored the action in US stocks. Futures, which track the S&P 500 index, fell 0.84%
Bitcoin (BTC) price hit by rapid selling in Asian hours, initiates partial recovery Read More »
