Category News

Hot News about cryptocurrency.

USDX Stablecoin Breaks From Its $1 Peg, Sliding to $0.37

On Thursday, another stablecoin, this one dubbed ‘USDX’ from Stable Labs, took a nosedive off its $1 peg, skidding all the way down to $0.3736. The meltdown, some say, traces back to the Balancer exploit that left more than $100…

Tether and Kraneshares Forge Alliance to Drive Global Tokenization Efforts

Hadron by Tether, the asset tokenization platform of Tether, has entered a strategic partnership with global asset management firm Kraneshares and regulated platform Bitfinex Securities to accelerate the development and adoption of tokenized securities across international markets. Tether’s Hadron Partners…

Bitcoin and Ether ETFs Stay Red Despite Inflows

Bitcoin and ether ETFs extended their outflow streaks, losing a combined $256 million, while solana ETFs continued to quietly attract investors, adding $10 million in fresh inflows. Solana Keeps Climbing as Bitcoin and Ether ETFs Log 6th Straight Day of…

Developer Behind Samourai Wallet Hit With 5-Year Sentence

According to reports, Samourai Wallet’s Keonne Rodriguez just got five years behind bars. Rodriguez and his fellow developer William Lonergan Hill were accused of running an unlicensed money-transmitting business — a fancy way of saying the feds didn’t like their…

Robinhood Hits $1.27 Billion in Q3 Revenue, Crypto Trading Surges 300%

Robinhood reported record third-quarter results, with revenues doubling to $1.27 billion and net income surging 271% year-over-year. Strong crypto trading, new business lines, and rapid user growth helped the company cement its position as one of fintech’s most diversified platforms.…