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BNY Mellon Remains ‘Agile’ on Stablecoin Plans, Focuses on Infrastructure

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BNY Mellon is exploring the development of stablecoin infrastructure but has not committed to launching its own token, executives said during the company’s latest earnings call on Thursday. The bank, one of the world’s largest custodian banks, has advanced several blockchain-related investments in 2025 – including those that would support real-world asset settlement and tokenized […]

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US Fed’s Barr catalogs dangers to avoid in future Stablecoin regulations

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WASHINGTON, DC – The crypto sector and some of Wall Street’s financial giants are sprinting to put stablecoin infrastructure in place well before U.S. watchdogs set their rules, and Federal Reserve Governor Michael Barr took a moment Thursday to remind industry legal experts of the dangers posed by nominally safe assets. “Issuing liquid liabilities that

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Daylight raises $75 million. to build decentralized energy networks

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Daylight, a decentralized energy company, has raised $75 million to expand its blockchain-based power network, the company announced on X Thursday. The round includes $15 million in equity led by Framework Ventures, along with $60 million in project funding from Turtle Hill Capital, with participation from a16z crypto, M13, EV3 Ventures, Lerer Hippeau and others.

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Bearish October continues as Altcoins dealt a hammer blow

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The crypto market saw another grueling sell-off on Thursday, with several altcoins facing double-digit moves to the downside, while BTC and ETH began to challenge critical levels of support. The move appears to be a continuation of the weekend’s $500 billion carnage, with traders now acting more cautiously to avoid another potential liquidation cascade. Derivative

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Stellar slips late as volatility returns despite institutional milestone

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Stellar Lumens (XLM) saw pronounced volatility during the 23-hour trading session ended October 16th, moving within a 5% range between $0.32 and $0.33. After early weakness, institutional buying helped the token rally towards midday, with volumes signaling renewed corporate participation. Momentum faded late in the session as XLM fell from $0.33 to just below $0.32

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HBAR faces sharp bearish reversal after volatile 24-hour trading window

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HBAR endured a volatile 24-hour stretch as institutional traders managed a narrow but intense range between $0.176 and $0.185. The token initially fell on corporate earnings before rising sharply in the morning hours of October 16, when corporate trading volume rose to over 129 million. Despite this recovery, the momentum proved short-lived. A sharp reversal

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Bitcoin (BTC) Network Hashrate took a breather in the first two weeks of the month: JPMorgan

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The Bitcoin network’s hash rate fell modestly in the first two weeks of October, dropping 5 exahashes per second (EH/s) to an average of 1,030 EH/s, Wall Street bank JPMorgan ( JPM ) said in a report Thursday. The pullback in the hash rate follows the successive record highs seen in August and September. American

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