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StraitX debuts Singapore and US dollar stablecoins on Solana for fast currency exchange

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Solana users could soon exchange Singapore dollars (SGD) for US dollars (USD) instantly online, marking the popular high-speed blockchain’s first access to digital tokens tied to one of the leading Asian currencies. That’s because crypto infrastructure firm StraitX said Tuesday it plans to launch its Singapore dollar stablecoin XSGD and US dollar stablecoin XUSD on […]

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This new React bug can drain your wallets if not caught

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A critical vulnerability in React Server Components is being actively exploited by multiple threat groups, putting thousands of websites — including crypto platforms — at immediate risk, with users possibly seeing all their assets drained if affected. The bug, tracked as CVE-2025-55182 and called React2Shellallows attackers to execute code remotely on affected servers without authentication.

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Ripple linked token sees risk of deeper pullback

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Market participants appeared to be focused on liquidity conditions and risk reduction, with selling pressure intensifying around previously well-defined support levels. News background XRP traded significantly lower in the recent session as broader crypto markets faced renewed risk-off pressure. Despite continued spot ETF inflows over recent weeks, short-term price action has been dominated by technical

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Dogecoin’s dive below $0.13 attracts institutional attention

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Dogecoin lost a critical technical level after a sharp sell-off in high volume, signaling a change in the short-term market structure and forcing traders to reassess risk in the short term. News background Dogecoin fell 5.5% over the past 24 hours, falling from $0.1367 to $0.1291 as selling pressure intensified across the broader crypto market.

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Why bitcoin ETFs appear to be falling short even as their role grows: Asia Morning Briefing

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Good morning, Asia. Here’s what’s making news in the markets: Welcome to the Asia Morning Briefing, a daily overview of top stories in US hours and an overview of market movements and analysis. For a detailed overview of US markets, see CoinDesk’s Crypto Diary Americas. With only two weeks left in the year and many

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BTC Hashrate Sees Sharpest Post-Halving Drop Since 2024 Amid China Machine Shutdowns

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Bitcoins BTC$89,629.86 The 30-day simple moving average (SMA) hashrate has recorded its steepest decline since the April 2024 halving, according to Matthew Sigel, head of digital assets research at VanEck. The Bitcoin hash rate measures the total computing power that secures the network. Former Canaan chairman Jack Kong said in a post on X that

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SBI, Startale to Launch Regulated Yen Stablecoin for Global Settlement

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*** NOT FOR PUBLICATION – CONNECTED UNTIL 8PM ET DEC 15. *** Startale Group and SBI Holdings have signed a memorandum of understanding to develop a fully regulated, yen-denominated stablecoin for global settlement and institutional use, the companies said in a press release on Monday. The project pairs Startale’s blockchain stack, including its work on

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