US stablecoin rules split global liquidity with Europe, CertiK warns
The United States’ new approach to stablecoin regulation is reshaping global liquidity flows and driving a sharp structural split with the European Union’s Markets in Crypto-Assets (MiCA) regime, effectively creating separate US and EU stablecoin liquidity pools, according to a new report from blockchain security auditor CertiK. The report finds that the US digital asset
Republic raises $100M for ETH purchases under unusual zero-interest deal
Republic Technologies, formerly known as Beyond Medical Technologies before transitioning into blockchain infrastructure, has secured a $100 million convertible note facility to expand its Ether holdings — a move the company said will enable it to grow its ETH treasury with minimal shareholder dilution due to favorable financing terms. The financing comes with unusual terms
Coinbase, Figment broaden institutional staking beyond Ethereum
The expanded integration lets Coinbase Prime clients stake Solana, Avalanche and other proof-of-stake assets directly from custody. Institutional staking provider Figment has expanded its integration with Coinbase, allowing the exchange’s institutional clients to stake a broader range of proof-of-stake (PoS) assets directly from Coinbase Custody — a move that could drive adoption beyond Ethereum. Through
OpenAI restructures as public benefit corporation, Microsoft secures 27% stake
The move formalizes OpenAI’s ties with Microsoft, granting the tech giant long-term access to its AI models while locking in a $250 billion Azure commitment. OpenAI, the developer behind ChatGPT, has converted its organizational structure into a public benefit corporation, a shift designed to give the company greater flexibility to raise capital as it scales
ISM Manufacturing PMI suggests Bitcoin cycle may extend beyond historical norm
The Institute for Supply Management’s (ISM) Manufacturing Purchasing Managers’ Index (PMI) has historically aligned with major peaks in Bitcoin’s market cycles — a pattern that, if repeated, could imply a longer-than-usual cycle this time around. The correlation between the ISM PMI and Bitcoin’s (BTC) price was first popularized by Real Vision’s Raoul Pal and has
Mid-tier Bitcoin miners gain ground, reshaping post-halving competition
Smaller Bitcoin miners surge in hashrate and debt as competition intensifies post-halving, reshaping the industry’s balance of power. The Bitcoin mining industry is becoming increasingly competitive, with so-called tier-2 operators closing the gap on established leaders in realized hashrate — a sign of a more level playing field following the 2024 halving. According to The
Ledger’s new multisig interface sparks backlash over ‘cash cow’ fees
Ledger’s new multisig app earns praise for tech upgrades but sparks backlash over added transaction fees. Crypto hardware wallet provider Ledger recently announced a new multisig interface that has been broadly welcomed as a technical improvement but criticized for introducing a new fee structure that some users have called a cash grab. The Ledger Multisig
Despite gov’t shutdown, crypto market structure bill ‘90% there’ — Coinbase CEO
The remaining “10%” of issues center mainly on DeFi, which Brian Armstrong says lawmakers are addressing carefully to preserve innovation. Coinbase CEO Brian Armstrong says he’s optimistic that US senators are moving closer to advancing key cryptocurrency market structure legislation by Thanksgiving, suggesting that there’s now far more agreement on both sides of the aisle
Crypto Biz: ‘Sound money’ meets a sound beating as Binance pledges bailout
After surging to a record high above $126,000, Bitcoin and the broader crypto market have been shaken by unprecedented volatility — literally. On Friday, crypto markets saw their largest-ever liquidation event, totaling roughly $19 billion. The wipeout surpassed even the worst days of the FTX collapse in 2022, underscoring both how much the market has grown
Brazilian stablecoin opens door to the country’s double-digit yields
Crown, a São Paulo-based fintech company, has raised $8.1 million to launch a Brazilian real–denominated stablecoin designed to give institutional investors access to Brazil’s high-yield fixed-income market. The new stablecoin, called BRLV, may make it easier for global investors to tap the country’s double-digit interest rates, which are often difficult to reach due to local