Crypto News
See the market, related assets, source and summary before opening a story so you can focus on what matters.
Crypto
11 stories in this section
BIS Chief Warns AI Investment Race Could Amplify Systemic Risks
BIS chief Pablo Hernandez warned that AI investment financed through opaque debt could create systemic risks. Citing railway and dot-com bubbles, he said hype-driven spending ahead of profits may lead to broad economic corrections.
Euro Stablecoins Face a 300-to-1 Onchain Gap With the Dollar
The euro’s onchain presence remains far below the dollar’s, with euro-pegged stablecoins totaling €711 million and less than 1% of supply. RockawayX’s Ryan Connor points to missing DeFi infrastructure and emerging MiCA-regulated rails.
PayPal introduces PYUSD-backed platform for custom stablecoin issuance
PayPal is expanding its stablecoin infrastructure through PYUSDx, a developer platform for issuing custom tokens backed by PayPal USD (PYUSD). M0 and MoonPay are helping develop the platform, CoinDesk reported.
DBS and Citi Complete Weekend USD Payment on Swift Digital Ledger
DBS and Citi completed a weekend USD payment through Swift’s Digital Ledger using tokenized deposits. It is the second confirmed live use of Swift’s blockchain ledger as the network seeks to compete with always-on digital payment rails.
Kraken and SoFi Connect Crypto Trading With Banking Services
Kraken and SoFi agreed to connect crypto trading with banking and payment infrastructure. The initiative follows SoFi’s bitcoin-trading launch last year and is intended to support broader digital-asset markets.
Standard Chartered Adds Spot Bitcoin and Ethereum Trading to Dubai FX Platform
Standard Chartered has added institutional spot trading for Bitcoin and Ethereum to its Dubai FX platform. CoinDesk reports that the cryptocurrencies are available through the bank’s existing eFX infrastructure used for dollar and euro trading.
Luke Dashjr Leaves OCEAN Pool as Hash-Power Shift Comes Into Focus
Luke Dashjr has left the OCEAN Bitcoin mining pool, with potential hash-power movement to a new pool still uncertain. OCEAN represented 2.45% of trailing-day blocks, while CONVOY reported no operational footprint.
Solana’s Faster Disinflation Plan Leads Vote as $800K Burn Proposal Trails
All three Solana governance proposals have cleared quorum. A plan to slow new SOL issuance is narrowly leading, while an $800,000 burn proposal remains below the two-thirds support required for approval.
Japanese Bitcoin Industry Unveils Aurora for Global Anime and Games Payments
The Japanese Bitcoin Industry has unveiled Aurora, a Bitcoin and Lightning-focused initiative designed to improve cross-border payments for global fans of Japan’s anime and games market, valued at 2 trillion yen.