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Key Takeaways In a significant step toward creating a unified global standard for digital asset regulation, the US and UK have announced the formation of a joint task force to explore “short-to-medium term collaboration on digital assets.” The “Transatlantic Taskforce for Markets of the Future” will operate under the existing UK-US Financial Regulatory Working Group … Read more

Key Takeaways Crypto.com has firmly pushed back against recent allegations that it secretly handled a 2023 data leak. The accusations, stemming from a Bloomberg report and a subsequent post by blockchain investigator ZachXBT, claimed that the exchange kept a security breach under wraps from the public and regulators. However, a Crypto.com spokesperson and CEO Kris … Read more

Key Takeaways The native token of the decentralized crypto derivatives exchange Hyperliquid, HYPE, has surged to a new all-time high, closing at nearly $60 amid a wider altcoin rally. The milestone is particularly notable given the recent launch and explosive growth of a direct competitor, Aster, a rival DEX that has the quiet but powerful … Read more

Key Takeaways In a landmark development for the future of the digital economy, Google has unveiled an open-source protocol for AI agent payments. This new protocol, backed by a powerful coalition of traditional finance companies and crypto industry leaders, aims to create a universal standard for financial transactions between automated assistants. Building the Foundation for … Read more

Key Takeaways Stablecoin issuer Circle has launched a native version of its USDC token on Hyperliquid, the largest decentralized derivatives trading platform. This integration is far more than a simple listing; it makes Circle a “direct stakeholder” in the platform through its first-ever investment in Hyperliquid’s native HYPE token. The Power of a Native Stablecoin … Read more

Key Takeaways In a landmark decision, Polkadot’s decentralized autonomous organization (DAO) has voted to introduce a hard cap on the supply of its native DOT token. The approved referendum sets the maximum supply at 2.1 billion tokens, a major shift from the network’s previous inflationary model, which issued new tokens indefinitely. The Significance of a … Read more

Key Takeaways Yala’s Bitcoin-backed stablecoin, YU, has failed to regain its dollar peg after an “attempted attack” sent the token’s value into a freefall. The incident, which caused YU to plummet to $0.2046, has raised new questions about the security of stablecoins, particularly those with algorithmic or overcollateralized models. The Mechanics of a Stablecoin Attack … Read more

Key Takeaways The United States is entering a new era of regulated crypto products with the upcoming debut of the country’s first-ever Dogecoin exchange-traded fund. According to Bloomberg ETF analyst Eric Balchunas, the Rex-Osprey Doge ETF (DOJE) is scheduled to begin trading on Thursday. How Doge ETF Paved the Way for New ETFs The approval … Read more

Key Takeaways A sophisticated cyberattack has resulted in the theft of $41 million worth of Solana tokens from crypto wealth management platform SwissBorg. The company confirmed that the breach was not a direct attack on its core systems but rather an exploitation of a third-party API belonging to its staking partner, Kiln. The Peril of … Read more

Key Takeaways German authorities, who last year were criticized for selling seized Bitcoin at a much lower price, may have missed out on an even bigger prize. According to blockchain intelligence platform Arkham, there could be another $5 billion in Bitcoin, or roughly 45,000 BTC, tied to the notorious movie piracy site Movie2K that was … Read more