Crypto News
AI-analyzed news with market phase context
Revolut Lists Pendle, Opening Yield Tokenization to 20M Users
Pendle's PENDLE token is now available on Revolut, giving about 20 million crypto traders in the UK and EEA direct access through a major fintech app. PENDLE's price remained stable near $1.36 after the launch.
Deel Taps Stripe Stablecoin Stack to Issue DLUSD for 1.5M Contractors
Deel has launched DLUSD, a USD-pegged stablecoin using Stripe's crypto infrastructure, to pay 1.5 million contractors globally. This adoption facilitates crypto payments and rewards without leaving the Deel platform.
Coinbase Eyes Ethena Loophole as Banks Declare Victory on Stablecoin Yields
The CLARITY Act restricts passive stablecoin yields to protect traditional banks. Coinbase might bypass this limit using Ethenaโs active trading strategy to offer high stablecoin yields.
Strategy Preferred Stock Falls Below Par, Testing Bitcoin Leverage
Strategy's preferred stock STRC fell below par, raising concerns about its Bitcoin-buying strategy and the potential for forced BTC sales. The company's small recent BTC sale to pay dividends fuels worries about its leverage model.
Bessent Backs Summer Clarity Act Push, Strategic BTC Reserve Moves
Treasury Secretary Scott Bessent stated that the department is moving at a deliberate speed to establish a strategic bitcoin reserve. This indications increased institutional consideration of bitcoin as part of treasury assets.
Defend Developers Launches PAC to Shield Coders in CLARITY Act
Defend Developers has launched a political action committee to advocate for legal protections of crypto developers amid Senate negotiations on the CLARITY Act. This initiative may help clarify regulatory status and reduce legal risks for developers in the crypto space.
Solayer Launches Margin Trade Mainnet for Cross-Asset Perps on Solana
Solayer has launched Margin Trade, a Solana-native platform for trading crypto, commodities, and equities using one margin account on the Solana blockchain. This integration leverages Solana's Virtual Machine (SVM) network technology.
Lummis Slams JPMorgan's Dimon Over Stablecoin Bill Criticism
Senator Lummis criticized JPMorgan CEO Jamie Dimon for either not reading the Clarity Act or misleading people. The comments reveal tensions between crypto regulation advocates and traditional finance leaders.
Standard Chartered to Buy Zodia as CEO Predicts Bank Crypto Adoption
Zodia CEO Julian Sawyer stated that all banks will soon need to hold digital assets. He also confirmed that Standard Charteredโs acquisition of Zodia is on track to complete by the end of August.
Zcash Patches Critical Double-Spend Flaw in Privacy Pool Upgrade
Zcash completed a major network upgrade described as its most ambitious. A vulnerability that could have allowed double-spending was found but not exploited.